Senior Compensation Analyst

1 week ago

Gurgaon, Haryana, India Rackspace Full time
Senior Compensation Analyst - IN

Job Profile Summary:
Performs staff support activities to develop, implement, and administer compensation policies and programs. Audits jobs for content and prepares job descriptions reflecting job responsibilities, activities, duties and requirements.
Participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position.
Reviews proposed salary adjustments for conformance to established guidelines, policies and practices. Recommends corrective or alternative actions to resolve compensation-related problems.
Reviews requests for new or revised classifications to determine appropriate salary grade assignment. Formulates recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures.
Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action.
May prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation or stock options.
Careel Level Summary -

  • Operates under minimal supervision and guidelines of established policy

Key Responsibilities :

  • JOB COMPLEXITY (COE): Conducts complex analyses of jobs, hourly wages, salaries, and incentives in order to evaluate internal equity, external competitiveness, and legal compliance of the organization's pay practices.
Conducts market pricing for all roles.

Makes recommendations regarding salary grades or market rates for specific jobs and assists in the development of incentive programs and the administration of performance review or merit-rating programs.

Develops and/or participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position. Conducts analysis on subjects such as salary, incentive compensation, bonus plans, sales compensation, or stock options.
Advanced knowledge to develop, implement, and administer compensation policies and programs. Analysts will need advanced skills to review requests for new or revised classifications to update career maps.
Demonstrable interpersonal, presentation, organizational and communication skills.
Able to interact well all levels of management.
Able to meet tight deadlines in a fast-paced work environment.
Able to multi-task. Ability to communicate technical information and ideas so others will understand. Ability to make appropriate decisions considering the relative costs and benefits of potential actions. Ability to successfully work and promote inclusiveness in small groups. Provide guidance and mentorship for the Compensation Analyst I and II roles. with Ability to provide FANATICAL support.

  • JOB COMPLEXITY (CUSTOMER FACING):

    Makes recommendations regarding salary grades or market rates for specific jobs and assists in the development of incentive programs and the administration of performance review or merit-rating programs.

Reviews salary increases for compliance with company policy and budget.

Audits jobs for content and works with business representatives to develop job descriptions reflecting job responsibilities, activities, duties, and requirements.

Reviews requests for new or revised classifications to update career maps, develop job descriptions, and recommend appropriate salary grade assignments.

Formulates recommendations regarding FLSA exemptions, job revisions, and organizational structures.

Advanced skills to audit job content and work with business representatives to develop job descriptions reflecting job responsibilities, activities, duties, and requirements.

Demonstrable interpersonal, presentation, organizational and communication skills.
Able to interact well all levels of management.
Able to meet tight deadlines in a fast-paced work environment.
Able to multi-task. Ability to communicate technical information and ideas so others will understand. Ability to make appropriate decisions considering the relative costs and benefits of potential actions. Ability to successfully work and promote inclusiveness in small groups. Provide guidance and mentorship for the Compensation Analyst I and II roles.
Ability to provide FANATICAL support.
Knowledge

  • Strong organizational skills and the ability to prioritize time sensitive issues. Maintains accountability for assigned tasks and recognizes when escalation is necessary.
Ability to solve complex problems and take action.
Ability to learn quickly in a fast paced, ever changing environment.
Proficiency in Microsoft office including PowerPoint and Outlook.
Strong Excel skills. In depth understanding of Rackspace's business and industry competitors. Advanced knowledge of principles and theories of compensation administration.
Advanced knowledge of job analysis, documentation and descriptions.

Advanced knowledge of legal regulations affecting compensation administration, including, but not limited to, the Fair Labor Standards Act (FLSA), Equal Pay Act, Title IV of the Civil Rights Act of 1964.Ability to create and sustain productive relationships with stakeholders.

Team player, able to work successfully as part of a team and collaborate effectively with other departments.
Ability to provide information to internal peers and stakeholders on compensation administration in layman's terms.
Strong written and oral communication skills.
Strong analytical skills and ability to focus on details.
Desire to work with numbers and formulas.
Advanced skills in MS Excel modeling; MS Access skills a plus. Ability to provide FANATICAL support. Skills

  • Demonstrated ability to consistently provide FANATICAL support Education
  • High school diploma or equivalent required. Bachelor's degree or equivalent experience in Human Resources with a concentration in Compensation preferred Certifications
  • Certification in compensation desirable Experience
  • Requires 5-7 years of experience in Compensation.
Experience with administration of domestic and international programs Physical Demands:

  • General office environment. Minor levels of stress may occur.
No special physical demands required. Moderate levels of stress may occur at times. No special physical demands required.

Disclaimer:

The above information has been designed to indicate the general nature and level of work performed by employees in this classification.

It is not designed to contain or to be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of the employee assigned to this job.

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