Senior Compensation Analyst

Senior Compensation Analyst

Location: Oklahoma City, OK, US, 73120

Benefits: Fuel Your Growth with Love's - company funded tuition assistance program, Paid Time Off, Flexible Scheduling, 401(k) – 100% Match up to 5%, Medical/Dental/Vision Insurance after 30 days, Competitive Pay, Career Development, Hiring Immediately

Welcome to Love's: The senior comp analyst handles planning, developing, and implementing new and revised compensation programs, policies and procedures in order to be responsive to the company's goals and competitive pay practices. This position is an integral part of a highly collaborative team and requires applicants who are able to communicate effectively with people of all job levels and personalities.

Job Functions

• Administers compensation programs for a growing workforce for various compensation programs and other incentive programs
• Acts as an internal consultant for the business, providing guidance in the area of Compensation, including competitive pay strategies, salary increase practices, bonus structures and pay for performance plans, promotion, and total compensation approaches
• Conducts benchmarking of internal jobs to assign pay grades/bands and to assign bonus and long-term incentive targets while ensuring internal alignment and consistency across departments and divisions
• Participates in third-party surveys to further validate pay grade placement and to also help the company stay abreast on best pay practices/trends
• Assigns appropriate job titles and job levels to standardize titles across the company and develop career path opportunities for employees
• Conducts advanced statistical analysis around pay grades, annual merit budgets, incentives targets, and wage compression, and can prepare executive-level reports that visually highlight key data insights that facilitate business operations and enable business leaders to make better decisions in their functional areas
• Performs audits of HRIS system compensation objects to ensure jobs are assigned correct pay grades and incentive targets; works with HRIS to develop business rules and other processes to streamline collaboration between HR functions
• Develops communications materials regarding annual compensation budgets, changes in compensation policies or practices, incentive plan schedules, processes and results
• Develops training materials, quick reference guides, and other communication materials; may be required to facilitate training as needed to supervisors and managers across corporate and field offices
• Works closely with HR business partners, senior business leaders, business intelligence, finance, and compensation vendors to execute compensation program design changes, as needed, to ensure alignment with company operational goals and future growth plans
• Keeps apprised of federal, state and local compensation laws and regulations in order to ensure company compliance
• Works closely with HR business partners and senior leaders to ensure FLSA compliance and equitable pay practices across corporate and field retail operations
• Performs other duties as assigned

Experience and Qualifications

Required: Must have experience working as a compensation administrator, compensation analyst, commissions analyst, or total rewards analyst. 5+ years of relevant work experience as a compensation admin, compensation analyst, commissions analyst, total rewards analyst, or experience in a similar role. A bachelor's degree in a field such as human resources, business administration or finance is preferred

Previous work experience using Success Factors compensation module preferred

Experience with external market analysis and thorough understanding of market data interpretation

Experience with Success Factors compensation module is preferred

Experience in compensation plan design and delivery strategies in a retail or customer facing environment preferred

Experience with commission plan design, bonus plan design, and executive compensation is preferred. A Certified Compensation Professional designation may be considered in lieu of the preferred work experience

Skills and Demands

High proficiency in Microsoft Excel, with strong ability to analyze data and interpret statistics as well as prepare visual representations of data

Excellent verbal and written communication, negotiation and leadership attributes enabling effective direction, facilitation, communication and cooperation with all levels of the organization

Excellent quantitative and analytical skills to interpret survey data and provide cost projections for various initiatives

Solid understanding of state and federal laws and regulations relating to compensation

Strong presentation skills with ability to develop PowerPoint presentations and deliver to key audience stakeholders

Demonstrate advanced project management and organizational skills

Strong planning skills and ability to effectively manage concurrent deadlines and multiple priorities simultaneously

Strong integrity with ability to work with highly sensitive and confidential data

Preference will be given to candidates who are currently located in the Oklahoma City metro area or who are willing to relocate to OKC. Must be authorized to work in the U.S. without sponsorship.

Our Culture: Fueling customers' journeys since 1964, innovation leads the way for this family-owned and operated business headquartered in Oklahoma City. With nearly 40,000 team members, travel stops are the core business along with products and services that provide value for professional drivers, fleets, traveling public, RVers, alternative energy and wholesale fuel customers. Giving back to communities and an inclusive workplace are hallmarks of the award-winning culture. Love's is an Equal Opportunity Employer. Veterans encouraged to apply.