What are the responsibilities and job description for the Compensation Analyst position at Toyota?
Overview
Who we are
Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for diverse, talented team members who want to Dream. Do. Grow. with us.
To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.
Who we’re looking for
Toyota’s Human Resources Compensation Department is growing and looking for a passionate and highly motivated Compensation Analyst.
The primary responsibility of this role is to be a representative of the Compensation team that supports leaders grow their organization and help maintain competitive reward programs for the salaried population.
Reporting to the Manager of Compensation, the person in this role will work closely with HR business partners, employees, and management to consult and develop compensation solutions for approximately 15,000 Toyota North America employees in the US.
This position is based at our North American headquarters in Plano, Texas. The selected candidate will be expected to reside within commutable distance of this location.
What you’ll be doing
Consult with HR Business Advisors on compensation program development and execution in support of business initiatives (includes job evaluations).
Provide compensation education to build HR’s knowledge of compensation concepts and practices.
Execute compensation programs and projects to support Toyota North America business initiatives (e.g. market competitiveness, program and structure alignments, compensation guidelines, policies, pay equity, recognition).
Complete annual market surveys.
Examine compensation trends and develop recommendations supporting business initiatives.
What you bring
Bachelor’s degree (or higher) OR equivalent professional work experience relevant to this position
Strong data mining and quantitative analysis skills
Advanced proficiency in Microsoft Excel (assessment will be administered)
Proven ability to work and create effective partnerships with executives and business leaders across multiple functions and teams
Strong verbal and written communication skills
Presentation and facilitation skills
Excellent interpersonal skills and consultative skills
Demonstrated critical thinking and decision-making skills
Ability to work in a fast-paced work environment
Proficiency in HRIS systems
Added bonus if you have
Demonstrated experience utilizing compensation theory, principles, and practices to perform an independent analysis of programs using market data
Experience with market pay tools / software
CCP Certification
Proficiency in Workday HRIS
Experience conducting job evaluations using the Hay methodology
What We’ll Bring
During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include :
A work environment built on teamwork, flexibility and respect
Professional growth and development programs to help advance your career, as well as tuition reimbursement
Team Member Vehicle Purchase Discount
Toyota Team Member Lease Vehicle Program (if applicable)
Comprehensive health care and wellness plans for your entire family
Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute
Paid holidays and paid time off
Referral services related to prenatal services, adoption, childcare, schools and more
Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)
Belonging at Toyota
Our success begins and ends with our people. We embrace diverse perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10 different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong.
Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.
Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.
