Textron - Providence, RI
posted about 2 months ago
The Senior Compensation Analyst at Textron will be instrumental in overseeing various compensation activities that are crucial for the company's operational success. This role encompasses a wide range of responsibilities, including salary analysis, market pricing, and salary administration. The ideal candidate will leverage their analytical and project management skills to support the development, execution, and management of comprehensive compensation programs across multiple business units. This position is not only about maintaining competitive compensation structures but also about ensuring compliance with financial, tax, and proxy disclosure requirements, which are essential for the integrity of the compensation process. In this role, the Senior Compensation Analyst will conduct thorough research and analysis to identify gaps and opportunities within the current compensation practices. They will be responsible for organizing and executing the annual compensation planning cycle, which includes timely communication with stakeholders and configuring compensation management systems to ensure accurate data input and reporting. Benchmarking jobs against survey data and market intelligence will be a key task, allowing the analyst to determine competitive compensation ranges and identify market trends that can inform strategic decisions. Collaboration is a significant aspect of this position, as the analyst will partner with various departments, including finance, accounting, legal, and tax, to ensure that all employee compensation practices are compliant with regulatory and legal standards. Additionally, the analyst will support the Compensation Committee of the Board of Directors by providing insightful analysis and reporting. The role also involves leading project teams to develop innovative solutions and recommendations that enhance the overall compensation strategy. The Senior Compensation Analyst will perform additional duties and special projects as assigned, contributing to the continuous improvement of Textron's compensation programs.