Sr Analyst, Compensation

Sr Analyst, Compensation

04 Dec 2024
Tennessee, Knoxville, 37901 Knoxville USA

Sr Analyst, Compensation

The purpose of this position is to provide analysis and support of compensation programs, processes and systems, including job analysis and evaluation, salary administration, and design and maintenance of base pay, short-term and long-term incentive programs. Under broad supervision, advise and counsel HR partners and managers on competitive pay decisions and application of compensation programs and policies.Essential FunctionsProvide analytical support for a variety of compensation functions, systems, and initiatives including but not limited to salary surveys, compensation planning, annual merit and salary structure administration, and incentive plan design and maintenance.Assist with compensation and salary administration programs including but not limited to promotion increases, market adjustments, new hire pay recommendations, and new store job pricing.Perform job analysis and evaluation, working with managers and HR partners to develop or revise job descriptions; market price jobs at all organizational levels.Review and analyze internal and external data to develop pay recommendations, advising managers on individual pay decisions to ensure consistency, equity and competitiveness.Participate in compensation surveys, matches job descriptions to survey positions, and prepares and analyzes survey data.Assist in design, implementation and maintenance of compensation functionality in Infor HR system.With the Compensation team, monitor changes in the competitive and regulatory environment to ensure compensation programs and practices are competitive and compliant with all applicable laws and regulations.Participate in development of compensation policies and procedures.Assist with bonus plan design, documentation and communication.Model behaviors that support the company’s common purpose; ensure guests and team members are supported at the highest level.Ensure all activities are in compliance with rules, regulations, policies, and procedures.Complete other duties as assigned.

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