What are the responsibilities and job description for the Compensation Analyst position at FactSet Research Systems?
Locations: NYC, Norwalk, CT, Boston
Working Environment: Hybrid
FactSet creates flexible, open data and software solutions for over 180,000 investment professionals around the globe. We stay ahead of global market trends, power robust company and industry research, and provide comprehensive data with our market-leading solutions.
We believe today’s talent powers tomorrow’s innovations. As a globally inclusive community, we bring our whole selves to work, and encourage employees to join in, be heard, contribute, and grow. Our work environment fosters diversity, engagement, and productivity because we know that great ideas can come from anyone, at any time.
As a Compensation Analyst, you will oversee and administer employee compensation programs. These programs include short- and long-term incentives, job evaluations, salary increases, compensation data audits, merit budget setting, salary surveys, executive compensation, sales compensation, financial/tax treatment of compensation programs, equity administration, and proxy disclosure and analysis.
What You'll Do:
- Develop and/or implement employee compensation programs for FactSet to attract, retain, and motivate employees.
- Develop, implement, communicate, and train on compensation programs and policies.
- Develop, implement, and maintain a global job architecture, including job codes, job families, and job grades and ranges for each country or geographic region. Lead the job description creation process, including adherence to internal regulations and FLSA regulations for US-based positions, while working with HR Business Partners to ensure description accuracy.
- Conduct job analysis to determine appropriate salary levels according to compensation guidelines and policy.
- Determine best salary surveys to purchase and participate in for all applicable countries.
- Market price all jobs using salary surveys and competitive market data.
- Provide analysis of competitive compensation practices, develop auditing reports, determine the effectiveness of compensation practices and recommendations, and develop strategies to support organizational goals.
- Analyze organizational pay practice and make recommendations for salary changes to ensure equity
- Partner with the global HR community to provide subject matter expertise in all aspects of the compensation life cycle.
- Support the year end compensation planning process (merit, bonus, and equity) and related activities during the year, including working with a technical team to test and launch the process in Workday. This also includes sales commission programs.
- Manage the annual budgeting process related to compensation planning and forecasting.
- Assist in the preparation of the annual proxy CD&A disclosure.
- Administer quarterly off-cycle equity grant process
- Monitor monthly payroll reconciliation to Workday.
What We're Looking For:
Required Skills
- Bachelor's degree in a related field
- 4-6 years of compensation/total rewards experience in a global organization
- Strong experience in compensation analytics
- Strong proficiency with MS Office, including Excel and PowerPoint
- Ability to work a hybrid schedule from an office in NYC, Norwalk, CT or Boston
Desired Skills
- CCP certification
- Experience in FinTech or Financial Services
The budgeted amount range for this position in the State of Connecticut and NYC is $89,600 - $112,000.
What's In It For You
At FactSet, our people are our greatest asset, and our culture is our biggest competitive advantage. Being a FactSetter means:
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Contributing to a firm with over 40 years of consecutive growth, named a 2023 Best Place to Workby Glassdoor and led by a top-ratedCEO Talent Champion.
- Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time off for holidays, family leave, and companywide wellness days.
- Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives.
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A global community dedicated to volunteerism,sustainability, andinclusivity, where collaboration is always encouraged, and individuality drives solutions.
- Career progression plans with dedicated time each month for learning and development.
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Employee-led Business Resource Groupsthat align with our DE&I strategy and are wholly supported by Executive Management.
Learn more about our benefits
here
.
At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, ethnicity, religion, sex, national origin, gender expression, sexual orientation, age, citizenship, marital status, disability, gender identity, family status or veteran status. FactSet participates in E-Verify.
Salary is just one component of our compensation package and is based on several factors including but not limited to education, work experience, and certifications.
At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. FactSet participates in E-Verify
FactSet is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity
Salary : $89,600 - $112,000
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