What are the responsibilities and job description for the Sr. Compensation Analyst - Hybrid In Lewisville, TX position at BravoTECH?
Senior Compensation Analyst
Job Summary:
- Assists in the development and administration of employee incentive/bonus plans and salary administration programs by performing the following duties.
- Client would also like an analyst with good experience doing job matches, working with salary surveys, and supporting the creation and maintenance of job architectures.
Essential Job Duties:
- Calculate weekly commission and submit to Payroll
- Calculate and process payments for one or more Bonus/Incentive plans
- Coordinates with payroll to ensure all bonus and commission payments are processed accurately and timely
- Works with the field management to process plan changes for GMs and above resulting from transfers, promotions or revised targets
- Advises management and Field HR staff on compensation actions for employees.
- Reviews proposed salary actions (base salary, adjustments, promotions) to ensure conformance with established guidelines and policies
- Develops analytical tools and statistical reports/dashboards to monitor and track bonus payments and base salary actions across Caliber
- Researches special compensation programs or incentive systems to support the organization's objectives
- Analyzes current organizational pay practices and makes recommendations for salary changes to ensure equity
- Participates in development and administration of performance review system to ensure compliance with salary administration guidelines
- Provide guidance and direction as needed to less experience compensation analysts
Skills/Requirements:
- Bachelor’s degree in related field or equivalent combination of education, experience and training that provides the required knowledge and skills
- Minimum 5 years related experience
- HR Analyst/HR Data Reporting/HRIS experience preferred
- Good interpersonal and analytical skills, with strong attention to details and accuracy.
- Must be an Advanced Excel user
- Strong communication skills
- Familiar with a variety of the HR concepts, practices, and procedures.
- Knowledge of relevant U.S. laws and regulations (e.g., FLSA, Equal Pay Act, Title VII, Tax, GAAP, SEC) related to compensation programs
- Experience processing commission-based payouts preferred
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