
Compensation Benefits Specialist
1 day ago
Lead Analyst - Compensation and Benefits.
Essential Duties & Responsibilities
- As a member of the Human Resources team, the Compensation and Benefits Lead Analyst establishes relationships within the HR function and provides support aligned to the strategic requirements of the business.
- In this capacity, the Lead Analyst will participate in compensation and benefits surveys, analyzing data to determine the organization’s competitive position within the regions.
- Support the design, implementation, and maintenance of all global base salary and short and long-term variable compensation programs, working closely with Total Rewards (TR) Leadership.
- Monitor trends in the competitive market to ensure both design and pay equity opportunities allow for the attraction and retention of high performers/key talent.
- Provide advice and support to HR team related to job evaluation, policy and interpretation of plans (including creative solutions to specific compensation-related programs).
- Review requests for new or revised job descriptions to determine target salary ranges based on the scope of the role and related Job Architecture attributes.
- Support activity for all Salary, Bonus and Equity Planning processes including system design, training, and implementation.
- Work closely with Benefits Manager to assist in administering, implementing, and maintaining employee benefits programs outside the US, ensuring compliance with country legislative benefits offerings.
- Compile benefits-related statistics and census data and summarize survey information to support benefits recommendations.
- Reconcile all EMEA benefits provider billings and process payment of invoices.
- Responsible for administration of global rewards and recognition platform, finding ways to increase engagement and utilization; communicates and executes on the companywide recognition awards, including nomination process and budget allocation.
- Performs other duties and special projects, as assigned.
Skills & Qualifications:
- A university degree in Human Resources, Finance or related discipline is strongly preferred. Certification in Compensation, Benefits and/or Human Resources (e.g.,
- CCP, CBP, SHRM) is a strong plus.
- At least of 8 years of compensation design and administration experience with at least 3 years of global experience in US and India.
- Working knowledge of country, federal and/or state regulations affecting the administration of broad-based or statutory benefits and retirement/pension plans including but not limited to FLSA, Equal Pay Act, Pay Transparency and GDPR.
- This role requires the ability to analyze a variety of data simultaneously, in order to evaluate internal equity, external competitiveness and legal compliance of the organization’s compensation and benefits practices.
- Ability to work with financial metrics and data with a solid understanding of how compensation design impacts financial outcomes; prepare analysis/reports on various design related initiatives for leadership and/or stakeholders.
- Demonstrates a high degree of autonomy by independently managing tasks, taking initiative to drive projects forward, and exercising sound judgment when making decisions without direct supervision.
- Strong mathematical and analytical aptitude used to prepare/analyze TR costs.
- Excellent problem-solving skills with the ability to research and resolve complex compensation-related issues.
- Detail oriented with strong attention to accuracy.
- Ability to work in a fast-paced environment, meet deadlines, multitask and work independently.
- Team player with demonstrated interpersonal skills and the ability to effectively communicate, negotiate, partner and consult with a wide variety of audiences.
- Advanced Microsoft Office (including Microsoft Excel and Power Point) and excellent research skills.
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