Sr. Compensation Analyst

Contract To Hire - Sr. Compensation Analyst

45-50/hr.

This is a hybrid position. Will be remote mostly but in the office once a week.

Office location Galleria - Dallas

Hours: 8 am - 5 pm

Summary of Key Responsibilities:

• Partners with business leaders, finance and HR on the compensation strategy, design, communication and implementation processes.
• Evaluates and analyzes job and compensation data to ensure market competitiveness and internal equity.
• Develops, enhances and maintains compensation infrastructure to include job codes, job families, salary structure and pay guidelines.
• Serves as subject matter expert providing guidance to HR directors and business leaders on compensation matters.
• Utilizes data and analytical insights to assess performance and cost effectiveness of compensation programs.
• Administers variable pay and sales compensation plans on a monthly, quarterly and annual basis.
• Provides analysis of compensation programs to ensure compliance to state and federal legislation such as FLSA.
• Participates in the annual merit and bonus planning processes.
• Prepares compensation plan documents, policies and guidelines for base pay, variable pay, sales commission, and bonus programs.
• Completes annual compensation surveys.
• Creates or modifies job descriptions.
• Participates in complex compensation related projects.

Requirements:

• Experience in base wage and salary administration programs to include market pricing jobs with an understanding of salary bands, merit and performance management programs.
• Experience in sales compensation to include design, communication, implementation and administration.
• Excellent communication skills with the ability to generate and deliver presentations and create complex plan / policy documents.
• Proven analytical and problem-solving skills with the ability to organize and evaluate data.
• Financial modeling and forecasting experience utilizing the advanced features of Microsoft Excel (pivot tables, v-lookups, if/then statements, macros are a plus and regression analysis).
• Experience utilizing variable pay, commission and HRIS systems

Qualifications:

• Bachelor's Degree preferred
• 5+ years of progressive experience in Compensation to include job analysis, job evaluation, salary reviews, merit, incentive administration, job descriptions and plan document creation.