What are the responsibilities and job description for the Compensation Senior Analyst position at Holland & Knight LLP?
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Description
The Compensation Senior Analyst works with Human Resources and other firm leadership on compensation related projects and analysis that supports the firm’s compensation strategy and programs across its domestic and international offices. This position functions as a compensation subject matter expert; provides strategic and tactical support regarding compensation programs and practices; evaluates compensation practices against the competitive marketplace; and makes program recommendations. This position reports to the Director of Compensation.
Key Responsibilities Include
Benefits may vary by position and office.
Holland & Knight is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, protected veteran or any other protected class.
Personal Information collected from applicants will be used for the purpose of processing the application throughout any recruitment or employment process, as well as inclusion in a personnel file. Categories of data collected may include name, address, phone numbers, email, Social Security Number, and signature. Holland & Knight may collect further information if you consent to a background check. This includes criminal background, employment, and certifications. Please visit Legal Information Portal for Holland & Knight LLP’s privacy policies.
Description
The Compensation Senior Analyst works with Human Resources and other firm leadership on compensation related projects and analysis that supports the firm’s compensation strategy and programs across its domestic and international offices. This position functions as a compensation subject matter expert; provides strategic and tactical support regarding compensation programs and practices; evaluates compensation practices against the competitive marketplace; and makes program recommendations. This position reports to the Director of Compensation.
Key Responsibilities Include
- Under the direction of the Compensation Director, administer the firm’s varied compensation processes. This includes non-partner, paralegal and staff compensation annual increase and bonus reviews.
- Makes recommendations regarding salary and bonus targets and analyzing and evaluating compensation recommendations.
- Analyze competitive market data to provide pay and level recommendations for all open and newly created positions.
- Utilize the firm’s market pricing compensation tool (Payfactors) to ensure compensation matches and benchmarks are current.
- Serve as a compensation subject matter expert (SME) to the HR team in all areas of compensation
- Prepare responses to compensation surveys for benchmarking, budgeting, and industry trends.
- Leverage and maintain the firm’s market pricing compensation tool to help inform compensation decisions.
- Facilitate the annual merit and bonus processes, to include non-partner, paralegal and staff compensation annual increase and bonus reviews.
- Assist with position description updates and job classification process to ensure consistency throughout the firm. Determine job classification for newly-created positions, including FLSA, EEOC, and salary grade.
- Consult with managers and HR leadership on pay recommendations.
- Analyze and identify opportunities to automate and improve compensation processes within Workday to streamline and create efficiencies.
- Ensure proper documentation and audit processes are developed, approved, and followed.
- Work with HRIS staff to ensure Workday is current with respect to changes to salary structures, job profiles, pay changes, and bonus information.
- Ensure compensation initiatives, policies and practices comply with federal, state, local laws and regulations.
- Perform special projects as required.
- Strong knowledge of compensation theory and practice, as well as compensation program design and trends.
- Strong analytical ability, including the ability to utilize statistical and financial analysis tools. Ability to synthesize complex information into meaningful data.
- Advanced problem solving and analytical skills to identify issues, evaluate alternatives, and recommend effective solutions.
- Ability to plan, organize, and manage multiple projects and tasks simultaneously in a fast-paced environment.
- Strong interpersonal and communication skills.
- Proficiency with HCM systems. Workday and PayFactors experience preferred.
- Knowledge of state and federal laws and regulations related to compensation and wage and hour compliance.
- Advanced Excel – including vlookups and pivot tables
- Ability to meet deadlines and multi-task in a fast-paced environment.
- 5 plus years of progressively responsible experience in compensation-related positions. Law firm experience a plus.
- Bachelor’s degree required, preferably in Human Resources, Business, Finance, Economics or related discipline. Advanced degree a plus.
- CCP certification preferred.
Benefits may vary by position and office.
Holland & Knight is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, protected veteran or any other protected class.
Personal Information collected from applicants will be used for the purpose of processing the application throughout any recruitment or employment process, as well as inclusion in a personnel file. Categories of data collected may include name, address, phone numbers, email, Social Security Number, and signature. Holland & Knight may collect further information if you consent to a background check. This includes criminal background, employment, and certifications. Please visit Legal Information Portal for Holland & Knight LLP’s privacy policies.