Compensation Analyst - McKinney, TX

March 30, 2022 5:40 PM | Michelle Raczynski (Administrator)

Compensation Analyst - McKinney, TX
SRS Distribution

Job Summary:  

  • Responsible for administering and assisting in the design and upkeep of the Company’s approved compensation programs to include:
  • Base Wage Program
  • Annual Incentive Programs
  • Performance Based Incentive Programs
  • Commissions Programs

Job Duties: 

ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Conduct annual compensation benchmarking studies to ensure SRS is paying market competitive wages
  • Develop and maintain all Compensation Plan Documents / Summary Plan Descriptions (SPDs) / Job Profiles
  • Analyze existing and proposed programs, policies and practices to ensure they are compliant, competitive, and cost effective
  • Review salary adjustments to ensure actions are within established guidelines and policies
  • Assist with the preparation of Compensation Committee materials

Additional Responsibilities

  • Provides analytics and ad-hoc reports for all compensation, Federal & State regulatory requirements and for internal use
  • Proactively identifies areas for opportunity and recommends solutions for continual improvements

Education & Experience:

  • Bachelor's degree in Business from an accredited University/College with an emphasis in Human Resources, Accounting, Finance or a similar area of study
  • Minimum of 3 years of experience administering compensation programs for a large multi-state organization
  • Familiarity with various compensation survey sources/vendors (e.g. Willis Towers Watson, Mercer, Payfactors)
  • Demonstrated proficiency in using Microsoft Office Products (MS-Word, Excel, Access & PowerPoint)
  • Advanced user of MS-Excel required; placement is subject to an excel skills test
  • CCP Certification preferred but not required

Preferred Education, Experience, or Skills:
Bachelor’s degree minimum is required, due to this being a high level compensation role.

Job Type:  Regular
Job Schedule:  Full-Time

How to Apply:

Click Here to Apply

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