Our client in Vienna, VA (2 days a week in office) is looking for a Compensation Analyst.

• Represent the Compensation team as an influential collaborator on projects with cross-functional business partners including but not limited to Accounting, Finance, Legal, Operations, Communications, and IT to achieve desired business outcomes.
• Deliver effective, accurate and competitive pay programs to our Associates and Optometrists in support of their work with our patients.
• Design, implement, and maintain job architecture, career levels, and pay bands in conjunction with management and HRBPs.
• Audit jobs for content and prepare job descriptions reflecting job responsibilities, activities, duties and requirements.
• Own survey management and market analysis of jobs to determine competitive positioning and recommend base pay changes. Responsible for data implementation, auditing and data validation, and system analytics.
• Guide leaders through the job evaluation process, to include quality controls the job classification process for both exiting and newly created positions as well as auditing existing classifications.
• Provide guidance to management regarding salary changes associated with promotions, demotions, transfers, and relocations as well as market and equity adjustments. Recommend corrective or alternative actions to resolve compensation-related concerns.
• Monitor regulatory legislation and audit to identify potential compensatory, operational, and financial impacts. Ensure compliance with existing federal, state, and local compensation related regulations (Minimum Wage, FLSA, EEO-1, Wage & Hour). Monitor cost of wage geographic differentials.
• Own the planning and administration of annual salary review cycles, manage off cycle processes and budget preparation. Ensure compensation programs follow internal and external regulations and policies.
• Support the design, communication, and implementation of incentive plans.
• Create and modify compensation operation policies, guidelines, procedures, and compliance documentation.
• Lead projects that support compensation design, including data collection, data analysis, presentation development, communication, and program implementation.
• Provide recurring and ad-hoc HR reports and statistics as needed.
• Develop variable pay plans, various incentive metrics, analyses, and account reconciliations. May audit and maintain quota tracking reports, quota changes, and pay plan changes.
• Calculate monthly and quarterly commission payments for participants on a variable compensation plan.
• May assist with compilation of monthly financial reporting, forecasts and assist with budget preparation.
• Work collaboratively and influentially on projects with cross-functional business partners including but not limited to Accounting, Finance, Legal, Operations, Communications, and IT to achieve desired business outcomes.