Senior Compensation Analyst
$82.5k - $137.51kLPL Financial
Senior Compensation Analyst
Where ambition meets innovation. Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you'll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.
Job Overview
Reporting to the VP, Compensation, the Senior Compensation Analyst will provide analytical solutions and consultative compensation guidance to HR Business Partners and our Business Units (BU). As a member of the Corporate Compensation team, you will support in the design, development, and on-going management of the firm's compensation programs and initiatives.
Responsibilities
- Provide analytical support for various compensation projects as well as create insightful analysis, reports, and dashboards to analyze various compensation programs
- Support the BUs and HR Business Partners with job evaluations, pay equity reviews, and responding to general compensation inquiries
- Participate in the administration of the annual merit and bonus cycles from end-to-end including design, testing, communication, training and support to HRBPs and People Managers
- Conduct market pricing and competitive benchmarking, collecting and organizing data for analysis, summarizing findings and highlighting areas of focus
- Support the management of annual salary surveys
- Perform regular data audits to ensure accuracy, integrity and compliance with compensation data.
- Identify opportunities for continuous improvement of our compensation programs and processes
- Support ad-hoc compensation projects / initiatives
What Are We Looking For?
- We want strong collaborators who can deliver world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and can execute in a way that encourages creativity and continuous improvement. We want someone who is comfortable working with large data sets and enjoys creating scalable modeling solutions.
Requirements
- Bachelor's degree in business administration, related field or a combination of work experience in Compensation
- 5+ years of progressive HR work experience, preferably within Compensation
- Excel skills, including the ability to create models, advanced formulas, macros, etc.
- Excellent knowledge of HCM and market pricing tool preferably Workday and MarketPay
- CCP a plus
Core Competencies
- Proven data analytical skills & experience
- Ability to work effectively as a member of a team
- High attention to detail
- Sensitivity in working with confidential information
- Communication skills and ability to explain complex topics in an easy-to-understand manner
Pay Range: $82,503.00 - $137,505.00 Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit
At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.
Join the LPL team and help us make a difference by turning life's aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.
Information on Interviews: LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant's bank or credit card. Should you have any questions regarding the application process, please contact LPL's Human Resources Solutions Center at View phone number on click.appcast.io.
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