Sr. Compensation Analyst
SPX TechnologiesAbout the role
This position is part of SPX Enterprises, LLC, which has a variety of businesses that focus on innovation, quality, product development and world-class manufacturing of our products. SPX businesses strive to be market leaders by providing reliable product solutions.
JOB SUMMARY
As a Senior Compensation Analyst, you will serve as a consultant to HR and business leaders globally on a wide variety of compensation related topics. You will help shape compensation philosophy while ensuring the integrity of our compensation strategy and practices through execution of sound policy and governance practices.
The Senior Compensation Analyst serves as a subject matter expert for global base pay administration with emphasis on job evaluations, salary recommendations, market benchmarking, and salary survey participation to ensure that our positions continue to align to market and remain competitive.
The successful Senior Compensation Analyst will be able to manage complex datasets, synthesize information and present recommendations to senior leaders.
PRINCIPLE DUTIES AND RESPONSIBILITIES (What to Expect in the Role)
- Market Analysis
- Conduct job analysis to determine appropriate salary levels according to job leveling guidelines, maintain documentation including job descriptions, survey benchmarks, FLSA classifications and relevant supporting data.
- Evaluate individual jobs and job families by analyzing external competitiveness and internal equity to make compensation recommendations.
- Survey Management
- Manage Market Pay (on-line market pricing system) administration.
- Participate in salary surveys for multiple countries adhering to deadlines and job match accuracy.
- Compensation Administration
- Participate in the analysis, design, implementation and communication of the global annual salary review process.
- Develop and maintain competitive pay structures.
- Support the administration of the short-term and long-term incentive programs.
- Systems Administration & Governance
- Work with HRIS/HRMS teams to ensure that SuccessFactors is updated to reflect changes to salary structures, bonus programs, vendor interfaces, etc.
- Conduct compensation audits and assist with preparation of analytics and reports.
EXPERIENCE, SKILLS, and QUALIFICATIONS (What We Are Looking For)
- Demonstrated experience conducting job analysis, benchmarking and interpretation of compensation survey results
- Ability to audit complex sets of data, draw conclusions, make recommendations and identify opportunities for improvement
- Advanced proficiency with Microsoft Excel
- Knowledge of Federal and State laws relating to compensation
- Bachelor's degree in Business or Human Resource Management or equivalent experience
- 5+ years related experience with an analytical acumen, preferably in Compensation Administration
- Certified Compensation Professional or Global Remuneration Professional, preferred
- Understanding of stock plan administration for publicly traded companies is a plus
Thank you for your interest in our company.
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