Senior Compensation Analyst

This is a fully remote position, open to applicants in India.

📋 Description

• Assist in the design, implementation, and oversight of Compensation programs.

• Analyze market trends, assess compensation structures to ensure compliance, and offer recommendations for enhancing the organization's compensation strategy.

• Evaluate newly created and updated positions; assess job responsibilities and requirements, and suggest appropriate internal grades, titles, and pay plans.

• Conduct regular market pricing and compensation analyses to confirm that pay levels align with market practices.

• Communicate changes to the annual salary structure.

• Execute competitive pay analyses and provide recommendations for individuals or groups.

• Review job offers and create compensation packages for both internal transitions and external hires.

• Assist with large-scale updates to Workday in preparation for and testing of EIB loads, including ad hoc bonuses and mass pay changes.

• Generate reports from the market data system and HRIS; analyze internal and external data to identify anomalies and trends, and present insights to the manager.

• Create clear and concise communications regarding compensation programs.

• Deliver program content to key stakeholders to educate them about program details, strategies, and policies/processes.

• Conduct base pay and incentive forecasting to aid in financial planning.

• Support the annual compensation review process involving planning, communication, reporting, and analysis.

• Perform quarterly audits of Workday Compensation data.

• Ensure that all global compensation programs adhere to local, regional, and international laws and regulations.

• Monitor legislative changes and recommend program adjustments to mitigate potential risks.

⛳️ Requirements

• Bachelor's Degree in HR, Finance, or a related field.

• Over 5 years of progressive experience in compensation within a global or multinational organization.

• Advanced proficiency in Microsoft Excel is required, including the use of formulas and pivot tables.

• Proven experience with market pricing and providing both internal and external compensation analyses.

• Understanding and experience with labor laws and regulations as they pertain to compensation.

• Familiarity with Workday Compensation & Advanced Comp.

• Experience in reporting and EIB preparation is highly desirable.

• Certified Compensation Professional or coursework towards obtaining a CCP is preferred.

• Strong business acumen with the capability to understand business strategies, objectives, and key performance metrics.

• Excellent verbal and written communication skills.

• Ability to present information to various levels within the organization.

• Strong analytical and problem-solving abilities.

• Capacity to manage multiple tasks in a fast-paced environment.

• Ability to recognize and maintain confidentiality.

🏝️ Benefits

• Health insurance

• Professional development opportunities