Sr. Compensation Analyst

Job Description
The Sr. Compensation Analyst will play a pivotal role in the design, implementation, and maintenance of competitive, equitable, and business-aligned compensation programs and structures. Spanning across both HQ and Retail populations, you will implement and administer compensation programs, conduct in-depth analyses of compensation data, and act as an SME partner for leaders and People &
Culture Business Partners. This position requires a blend of analytical skills, understanding of compensation principles, and the ability to communicate complex information effectively and manage change within the organization.
Responsibilities include but are not limited to:
Compensation Programs:
Build, implement and administer compensation programs, including base pay structures, job architecture incentive plans, and recognition programs. Lead the job evaluation process, including job classification, job leveling, and the development of job descriptions to ensure internal equity and consistency.
Compensation Analysis:
Conduct comprehensive analyses of internal and external compensation data to evaluate the competitiveness of our compensation packages across various roles and levels.
Consultation:
Serve as a subject matter expert on compensation matters, providing guidance and support to People &
Culture Business Partners, managers, and employees on compensation-related inquiries and issues.
Market Research:
Stay abreast of industry trends, benchmarks, and best practices in compensation to inform decision-making and ensure our compensation strategies remain competitive and compliant.
Data Interpretation and Reporting:
Analyze and interpret compensation data to generate insights and develop reports for leadership, identifying trends, areas of concern, and opportunities for improvement.
Process Creation &
Improvement:
Implement and refine compensation processes and procedures to drive efficiency, accuracy, and effectiveness, leveraging technology and automation where possible.
Compliance and Governance:
Ensure compliance with applicable laws and regulations related to compensation practices, such as FLSA, EEO, and other relevant legislation. Develop and maintain documentation to support compliance efforts.