Compensation Analyst

August 10, 2018 12:45 PM | Anonymous

Compensation Analyst

Interested in joining a rapidly changing company with lots of compensation project analysis/modeling opportunities?  The Compensation Analyst has ownership for the communication, analysis, and administration of the organization’s Compensation programs and processes.  In addition, based on the rapidly changing structures of the stores and distribution centers, will be able to model new and innovative compensation program designs for consideration. 

 Job Duties & Responsibilities

  • Conducts analyses of jobs, hourly wages, salaries, and incentives in order to evaluate internal equity, market competitiveness, and legal compliance of the company's pay practices.
  • Participates in limited number of salary surveys to collect and analyze competitive salary information to determine company's competitive position.
  • ·Evaluates job descriptions to ensure content reflects appropriate job responsibilities, activities, duties and requirements.
  • Summarizes data, and provides management with analysis and recommendations in both written and verbal formats.
  • Uses the HRIS system as our system of record to flag compensation program participation and to pull reports to support program administration.
  • Formulates recommendations regarding development of company market rates, FLSA exemptions, job revisions and organizational structures.
  • Specifically supports the annual merit review process, the quarterly stores bonus plan processing, and the annual incentive plan calculation process.
  • Reviews requests for job analysis, including requests for new job titles or changes to existing jobs’ job descriptions, and approves changes if necessary.
  • Regularly evaluates salary structure and compensation policies; recommends changes based on salary survey data and internal equity.
  • Prepares special studies and recommendations on subjects such plan design, pay equity, minimum wage, severance, budgeting and forecasting, etc.
  • Advises management on compensation actions for associates.
  • May review and/or approve job transfers and promotions in the HRIS system.
  • Special projects and other duties as assigned.

 

Required Education and Experience

  • Bachelor’s degree in Business or other relevant field.
  • Minimum of 5 years’ of compensation experience.
  • CCP preferred.
  • Team player, able to communicate effectively with internal and external customers of all levels, including Officers.
  • Able to maintain data integrity through attention to detail and accuracy, prioritize and meet aggressive deadlines, and process, manipulate, and summarize reports.
  • Able to have the flexibility to work extended hours during peak compensation season based on our fiscal year, generally May – mid-September.
  • Advanced knowledge of Excel and PowerPoint required. Microsoft Access preferred.
  • A strong understanding of HRIS systems and relational databases. Experience with PayNet market pricing system and USG UltiPro HRIS system, a plus.
  • Excellent verbal and written communication, interpersonal, project management, decision-making and time management skills.
  • Strong skills in MS Office & Google applications.

We offer competitive compensation, excellent benefits to include 401(k), best-in-class products, and more! Both innovative and high-performing, our stores provide you with unlimited possibilities to start your career. Be a part of the Tuesday Morning growth!

Please send resumes to:  phall@tuesdaymorning.com

North Texas Compensation Association is a 501(c)3 non-profit organization. 

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