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NORTH TEXAS COMPENSATION ASSOCIATION

Experienced Analyst, Compensation - Bain & Company

January 17, 2019 8:59 AM | Madison Weaver

Position Summary

The Experienced Analyst plays a key role in the implementation, administration and maintenance of the compensation program for Global/Regional Services (GRS) employees worldwide. Under general supervision, this role actively participates in compensation program administration, job evaluations, the annual compensation review process, and compensation systems and reporting

 

Responsibilities & Duties

Compensation Program Administration

  • Support Compensation team in compensation design for global and local employees
    • Conduct research to support market reviews, including extracting data from appropriate sources, compile snapshot of relevant compensation data across department and functions and flag discrepancies and concerns for review
    • Primary research and analysis of local market data and practices; identify appropriate resources, provide summary of findings
  • Develop and maintain excel-based tools, reports and resources to support Global Talent Management team members in managing compensation for their client groups. Provide ad hoc support to address compensation requests
  • Participate in compensation benchmarking process
    • Identify and research data discrepancies to facilitate resolution, including reviewing market pricings for accuracy and making matching recommendations
    • Conduct ad hoc market pricings for new and existing roles
  • Under guidance from Senior Analyst, Global CSS Compensation & Analysis
    • Complete and submit compensation surveys for US and Global locations, ensuring the accuracy and completeness of data being submitted
    • Review survey materials to understand data requirements and identify the appropriate data sources
    • Review survey descriptions and make recommendations to ensure accurate benchmarking for new and existing roles with the objective of maximizing survey matches
    • Leverage HR systems to extract relevant and accurate survey data input

Job evaluation

  • Regularly partner with HR business partners to research and evaluate new or re-defined jobs received from HR Business Partner teams
  • Conduct external benchmarking and internal equity review to recommend pay range assignments, confirm FLSA status, ensure title, job content and job description align with internal framework

Annual CSS Compensation Review Process

  • Provide support during the annual compensation review process for GRS employees worldwide
    • Apply compensation knowledge to respond to general compensation data inquiries around compensation best practices, including bonus payouts, promotions, job changes, and market adjustments
    • Serve as a resource to managers and Global Talent Management team members for technical and process questions pertaining to the HRIS comp/review system, escalating to Manager as needed; this includes user questions, processing comp memos, and explaining bonus calculations
    • Provide detailed reporting to Global Finance to reconcile the budgeting process, ensuring that their data needs are met

Compensation Systems/Reporting

  • Provide support for compensation-related systems
  • Run regular and ad hoc reports

 

Qualifications 

Required:

  • Bachelor’s degree
  • Minimum of 3 years of compensation experience
  • High level of discretion – ability to deal with highly confidential information appropriately
  • Excellent interpersonal, communication, writing and project management skills
  • Strong analytical, problem solving and quantitative skills
  • Ability to work both independently and as an integral member of various teams
  • Self-starter with strong organization skills - ability to meet deadlines, prioritize assignments, and juggle multiple tasks simultaneously in a fast-paced, customer-focused environment
  • Comprehensive knowledge of Excel and PowerPoint

Preferred:

  • Experience with SharePoint and Workday
  • Experience in a professional services and/or global firm 

 

Please apply at: https://csscareers-bain.icims.com/jobs/3136/experienced-analyst%2c-compensation/job?mode=view

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