Compensation Analyst

Description The Compensation Analyst is responsible for ensuring a strong foundation for nVent’s global compensation philosophy, programs, and processes through regional or country-specific competitive compensation research and analyses. The opportunity in this position involves learning and growing by applying standard methods, techniques, and skills in compensation.WHAT YOU WILL EXPERIENCE IN THIS POSITION:In this position, you will get to:• Analyze nVent’s pay programs and employee pay levels in comparison to market benchmarks, ensuring alignment between external factors and internal needs and priorities• Monitor compensation-related laws and regulations, worldwide, and support the development and implementation of compliance-based actions. This includes but is not limited to pay transparency requirements, India Labour Code changes, minimum wage legislation, etc.• Aid in standard benchmarking survey operations, sharing market data with customers and vendors• Support standard compensation review processes (e.g. merit increases) with data preparation, system testing, analysis and reporting• Develop and maintain standard compensation processes and procedures with potential for ad hoc analyses• Build relationships and rapport with HR colleagues, worldwide, through strong teamwork and collaboration skillsYOU HAVE:• Academic background in:o Bachelor's degree in Human Resources or other related field• Previous experience in or with:o Minimum of 7+ years of compensation experienceo Compensation certification a plus• Skills / abilities:o Proficient with Microsoft Office suite of tools especially Excelo Proficient with human resources (HR) systems navigation, configuration and reporting, Workday preferredo Proficient with regulation research and tracking, for compliance purposeso Intermediate understanding of third party compensation survey participation requirements and job benchmarking is a pluso Strong data-driven approach and proven ability to follow through with the utmost accuracyo Highly-accountable self-starter, comfortable working independently as well as displaying strong team collaborationo Strong verbal and written communication skillso English (advanced level), other languages a plus WE HAVE: A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at . Commitment to strengthen communities where our employees live and work We encourage and support the philanthropic activities of our employees worldwide Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being: Innovative & adaptable Dedicated to absolute integrity Focused on the customer first Respectful and team oriented Optimistic and energizing Accountable for performance Benefits to support the lives of our employees