Senior HR Compensation Analyst

The Senior HR Compensation Analyst is responsible for assisting in the refinement, analysis, and ongoing administration of the various compensation programs at First Tech. This role is a key contributor in the the annual merit cycle, incentive plans, annual and special annual bonus, and the overall defining and maintaining of First Tech’s Career Architecture.

Here’s what you can expect from the job and what you need to be successful:

Job duties

  • Regularly evaluate current compensation practices to compensation strategy; present findings to HR senior leaders
  • Act as consultant to the Human Resources (HR) team and business leadership to support their decision making for hiring, promotions, specific organizational initiatives, and annual compensation programs
  • Track, monitor, analyze and manage variable compensation plans to ensure compliance/adherence to compensation philosophy and strategy
  • Manage the activities for the creation, development, implementation, documentation, communication, and administration of all variable pay plans, quota, credits, and policies
  • Analyze compensation data and create ad-hoc reports as needed
  • Recommend, implement and document compensation best practices and process improvements
  • Conduct research, quantitative analysis, data modeling, and the presentation of data to see beyond the numbers and understand trends to drive strategic decisions around people
  • Respond to inquiries from sales and/or cross-functional teams in a timely manner
  • Collaborate with business partners from all business units to drive on-going process improvement
  • Develop and implement communication and training for compensation programs for recruiters, human resources professionals and managers to promote understanding and transparency
  • Identify relevant market data trends regarding compensation and present recommendations
  • Partner with HRBPs, managers and senior leaders to craft and refine job descriptions that attract top talent, while also being thoughtful of company standards; maintain job description library
  • Price jobs, evaluate internal equity and complete salary survey activities, including survey results analysis and leverage data to assist leaders in making strategic business decisions
  • Track and monitor other employee rewards programs

Essential skills

  • Minimum Education: Bachelor’s degree in Business Administration, other related fields of study or equivalent experience
  • Minimum 5 years’ experience in the administration and analysis of compensation programs such as salaries, short-and long-term incentive plans, salary increases, and various reward programs
  • Ability to manage organization-wide variable pay practices (i.e., merit, incentive/commission programs and budgeting)
  • Experience reviewing and monitoring employee pay and proactively making recommendations
  • Competency with creation, design, and administration of variable pay plans
  • Familiarity with salary survey processes and compensation databases
  • Ability to provide compensation insights to help make strategic business recommendations through presentations, reports, and analyses
  • Strong attention to detail with emphasis on accuracy and ability to multi-task with moderate supervision
  • Excellent critical thinking, analytical, and problem-solving skills
  • Ability to work efficiently and prioritize projects in a fast-paced environment with tight deadlines and high volume peaks while producing high-quality work
  • Ability to work well under pressure and meet strict deadlines
  • Excellent verbal and written communication, interpersonal, and analytical skills and ability to collaborate with internal/external partners and key stakeholders
  • Advanced proficiency in Microsoft Excel, intermediate Microsoft Word skills and experience with enterprise HRIS/HRMS
  • Certification/License: CCP preferred

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