Senior Compensation Services Analyst
VF CorporationAbout the role
At VF, we strive to foster a culture of belonging based on respect, connection, openness, and authenticity. So, before we get to the job details, take a minute to learn a little more about us – our values and our culture - visit VF Careers or www.vfc.com.
What will you do?
A day in the life of a Senior Compensation Services Analyst at VF looks a little like this.
As part of People Services, the Senior Compensation Analyst is accountable for the implementation, analysis and administration of compensation plans, processes and projects in Workday. This includes managing projects that cross multiple domains to ensure timely completion of deliverables, achievement of objectives, and meeting or exceeding operational measures. This role involves managing assigned compensation cycle activities for VF’s global compensation programs. The Senior Analyst is responsible for the development and communication of audit, reporting, and process protocols, and coordination of stakeholders across multiple functions to ensure understanding and effectiveness of the programs and processes. Additionally, the Senior Analyst is responsible for ensuring quality, including identifying process improvements and root cause analysis that will lead to enhancements in quality and efficiency. The incumbent will respond promptly, thoughtfully, and effectively to changing work environments, shifting priorities, and new situations, and will possess the skills and ability to communicate effectively and appropriately with internal resources and third parties.
Let’s break down that day-in-the-life a bit more.
- Ensure the integrity of compensation data through regular analysis of compensation data including in depth investigation into Workday data, business processes and transactions and conduct root cause analysis of compensation related issues.
- Accountable for managing the administration and documentation of all aspects of assigned global merit, bonus, and equity cycle processing (system accuracy, timeline & project management, training, in-cycle and post-cycle reporting, etc.). This includes in depth knowledge of VF Compensation Plan Documents.
- Educate and train multi-functional audiences using strong communication, presentation and persuasion skills. In many cases the audience will not be knowledgeable on the topic.
- Develop and maintain test planning and test protocols regular Workday update and release testing.
- Create process-focused compensation communication materials for the annual cycles in conjunction with the COE, with a focus on employee experience and manager self-service.
- Establish operational protocols to support compensation program design; ensure documentation of compensation procedures; play a key role in educating key stakeholders regarding both policy and procedures.
- Evaluate and make recommendations to continuously improve existing Compensation processes based on data.
- Plan projects, identify and allocate resources, and report back to key stakeholders on project status daily or weekly as needed.
- Coordinate with functional areas (Compensation COE, Payroll, Benefits, Accounting, Treasury) as required on Compensation projects, initiatives, and needs and to resolve complex issues related to compensation.
- Act as the primary resource to manage SLA, research, and respond to tier 2 compensation-related inquiries from the business.
- Serve as the primary liaison with payroll in the coordination and resolution of data issues that have a payroll impact.
- Coordinate with and serve as a resource for functional areas (Compensation COE, Payroll, Benefits, Accounting, Treasury).
- Calculate severance upon request and work with regional HRIS team to ensure appropriate updates in Workday.
- Conduct routine audits and updates to ensure timely communication and system alignment for all U.S. and Canada minimum wage changes, maintaining compliance and data integrity in Workday.
- Maintain accurate currency conversion rates in Workday by timely implementing updates provided by the Finance, ensuring consistency across global compensation programs.
What do you need to succeed?
We all have unique skills that we bring to work and celebrate every day. For this role, there are foundation skills you’ll need to succeed and excel. Additionally, while formal education in a related field is great to have, we are most interested in your 3-5 years of experience and professional achievements.
The foundation skills you will need in th
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