Total Rewards Analyst

Job Description

Job Description

Job Description

Job Title: Total Rewards Analyst

FLSA Status: Exempt

Department: Human Resources

Reports to:  Manager, Total Rewards

GENERAL DESCRIPTION / PURPOSE:

The Total Rewards Analyst provides operational and analytical support for Loram's compensation and benefits programs. The role is responsible for supporting compensation administration, market pricing activities, incentive and merit processes, benefits administration, data audits, reporting, and program communications. The position partners closely with Compensation, Benefits, Payroll, HRIS, and Human Resources teams to ensure accurate, compliant, and efficient delivery of Total Rewards programs and services. This position provides backup support for workers' compensation and leave administration activities as required. This position plays an integral role in maintaining the quality and consistency of HR services in alignment with Loram’s ICARE values.

ESSENTIAL JOB FUNCTIONS:

• Support compensation administration activities including job evaluations, market pricing, salary surveys, incentive administration, compensation analyses, and annual compensation planning processes.
• Assist with merit, incentive, and other compensation cycles by preparing, validating, auditing, and consolidating data and supporting documentation.
• Support benefits administration activities including employee enrollment, life event processing, vendor coordination, employee communications, and open enrollment activities.
• Conduct compensation, benefits, and HR data audits to ensure data integrity, compliance, and accurate program administration.
• Prepare reports, analyses, presentations, and supporting materials related to compensation, benefits, workforce metrics, and Total Rewards programs.
• Provide Tier II support for compensation and benefits inquiries and assist employees and HR partners with escalated questions.
• Support vendor management activities by assisting with data collection, reporting, billing audits, and program effectiveness reviews.
• Assist with development, documentation, and continuous improvement of Total Rewards processes, controls, and procedures.
• Monitor compensation and benefits compliance requirements and assist with audits, regulatory reporting, and policy updates.
• Provide backup support for workers' compensation and leave administration activities as needed. Stay abreast of compensation regulatory and compliance requirements.  Audit and make recommendations for program and policy changes to ensure ongoing compliance. Assist in educating HR partners and management about changes to legal requirements and the impact to programs and policies. 
• Develop, document and implement procedures and processes to effectively deliver all total rewards programs.
• Other duties and projects as assigned.

Qualifications

REQUIRED QUALIFICATIONS:

Education:   BA/BS degree or equivalent experience; Human Resources, Business Administration, or Information Systems degree preferred.

Experience:

• 3+ years of HR experience, including previous total rewards experience.

Knowledge, Skills, and Abilities:

• Strong analytical and cost modeling skills.
• Advanced Excel skills and proficient in Microsoft Office Suite
• Proven ability to influence stakeholders and build relationships at all levels of the organization.
• Must possess high level of discretion, tact, diplomacy, and professionalism.
• Must possess ability to work independently with minimal supervision.
• Excellent organizational skills, detail-oriented, a self-starter, possess critical thinking skills and be able to set priorities and function as part of a team as well as independently.
• Excellent verbal and written communication skills including the ability to communicate effectively with various audiences.
• Strong problem-solving and critical thinking skills while exercising sound judgment.
• Ability to learn new technologies quickly.

*7+ years combination of education and experience in total rewards also acceptable

Preferred Qualifications, Licenses/Certifications:

• CCP or CEBS or Senior Professional Human Resources (SPHR) or SHRM Senior Certified Professional (SHRM-SCP) certification
• Project Management Certification
• A working knowledge of or ability to quickly become familiar with railroads, transportation, heavy construction, or combination

PRE-EMPLOYMENT REQUIREMENTS:

This position requires successful completion of the following:

• Social Security Verification: The individual’s name must correspond to their Social Security number and date of birth.
• Nationwide, federal and state, multi-county criminal background check. Up to a seven-year history is considered.
• Drug and Alcohol Testing: All applicants must successfully pass a pre-employment drug and alcohol test. Employees in safety-sensitive positions are subject to random, reasonable suspicion, and post-incident drug and/or alcohol testing in compliance with federal regulations and company policy.
• Employment Verification: Current and prior relevant employment experience will be verified to confirm the candidate meets the minimum required years of experience for the position.
• Education Verification: Post-secondary education at the associate degree level or higher will be verified, including degree(s) earned and dates of completion.

WORKING CONDITIONS: 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role.  Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• Office deskwork, requiring sitting, walking, using phone & computer.
• May lift up to 25 lbs. occasionally.
• 5% or less travel

Additional Information

Equal Opportunity Employer:

Loram is an Equal Opportunity Employer committed to fostering an inclusive, diverse, and respectful workplace. We make all employment decisions based on qualifications, merit, and business need, without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, national origin, veteran status, or any other characteristic protected by applicable laws in the countries where we operate, including the Equality Act 2010 in the UK, relevant U.S. federal, state, and local laws, Brazil’s anti-discrimination provisions under the Consolidation of Labor Laws (CLT) and Federal Constitution, India’s Equal Remuneration Act and Rights of Persons with Disabilities Act, Australia’s Fair Work Act 2009 and applicable state and territory legislation, and Canada’s human rights protections under the Canadian Human Rights Act and applicable provincial or territorial laws.

Benefits:

Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.

Compensation:

Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.