Compensation Analyst

Job Summary

Manage the compensation process and function, philosophy, and framework for thyssenkrupp Materials NA.

Job Description

Key Accountabilities :

• Leads the development of tkMNA compensation philosophy and framework, partnering with the executive and HR teams
• Main point of contact in organization for compensation support, questions and guidance
• Acts as coach and advisor to drive compensation industry best practices
• Manage current Job catalog - write job descriptions and maintain database of all job descriptions
• Maintain salary ranges for tkMNA, performing benchmarking against external market surveys and internal parity, to determine appropriate job leveling
• Evaluate and price new jobs utilizing salary surveys; provide direction for creation of new jobs in SAP Org Management to HR Operations
• Continuously review compensation practices / processes and implement process improvements
• Participate in global and regional salary surveys as required
• Manage activity required for company LTI program - annual reporting of target compensation, reporting changes in personnel affecting stock rights, communication of stock issuance, annual processing of payments under program, quarterly reconciliation with Finance Design and prepare ad hoc compensation reports
• Manage annual merit and bonus processes
• Assist with administration of global graded bonus plans
• Calculate annual Profit Sharing bonus & 401K / RRSP contribution, per plan design, and coordinate payments with the payroll team
• Assist with internal / external audits for compliance in Wage and Hour, Minimum Wage, FLSA, Pay Equity and other applicable compensation topics

Requirements : Minimum

Preferred

Experience with SuccessFactors Compensation Module, SAP, HCM user experience

Benefits Overview

We offer competitive company benefits to eligible positions, such as :

Benefits may vary based on job, country, union role, and / or company segment. Please work with your recruiter or tk representative for applicable benefits information.

Disclaimer

This is to notify the general public that some individuals / entities are using the thyssenkrupp ("TK") name, trademark, domain name, and logo without authorization. They are posing as employees, representatives, or agents of TK and its associated / group companies. These individuals / entities are fraudulently offering jobs online through texts, websites, telephone calls, emails, or by issuing fake offer letters. They are also soliciting jobseekers to deposit money in certain bank accounts or providing jobseekers with fraudulent checks to obtain banking information.

TK does not ask, solicit, or accept any monies in any form from candidates, job applicants, or potential jobseekers, who have applied to or wish to apply to TK, whether online or otherwise as a pre-employment requirement. TK bears no responsibility for money being deposited / withdrawn therefrom in response to such fake offers.

TK does not :

4. Send checks to job seekers; or

5. Make job offers through third parties. In the event TK uses professional recruitment services through a third party, offers are always made directly by TK and not by any third parties.

PLEASE NOTE :

3. Anyone making an employment offer in return for money is not authorized by TK; and

4. TK reserves the right to take legal action, including criminal action, against such individuals / entities.

TK follows a formal recruitment process through its own HR department and applications are evaluated by its HR department through pre-defined processes. Please visit our official careers website at to view authentic job openings at TK.

If you receive any unauthorized, suspicious, or fraudulent offers or interview calls, please email us at tkmna.employee.care@thyssenkrupp-materials.com.

We shall not accept any liability towards the representation made in any fraudulent communication or its consequences, and such fraudulent communication shall not be treated as any kind of offer or representation by TK or its group companies and affiliates.