Senior Compensation Analyst
SedgwickAbout the role
Taking care of people is at the heart of everything we do, and we start by taking care of you, our valued colleague. A career at Sedgwick means experiencing our culture of caring. It means having flexibility and time for all the things that are important to you. It’s an opportunity to do something meaningful, each and every day. It’s having support for your mental, physical, financial and professional needs. It means sharpening your skills and growing your career. And it means working in an environment that celebrates diversity and is fair and inclusive.
A career at Sedgwick is where passion meets purpose to make a positive impact on the world through the people and organizations we serve. If you are someone who is driven to make a difference, who enjoys a challenge and above all, if you’re someone who cares, there’s a place for you here. Join us and contribute to Sedgwick being a great place to work.
Great Place to Work®
Most Loved Workplace®
Forbes Best-in-State Employer
PRIMARY PURPOSE: The Senior Compensation Analyst will provide analysis, design, implementation and administration of the company’s compensation and incentive programs. The Senior Compensation Analyst will report to the Compensation Manager, providing guidance to internal stakeholders on compensation philosophy, programs, and best practices.
ESSENTIAL FUNCTIONS and RESPONSIBILITIES
Compensation Administration
- Administers Sedgwick’s compensation philosophy, policies, processes and programs. Ensures accurate and complete job descriptions for all company positions.
- Performs core compensation activities such as market analysis, salary grade assignment, job descriptions, FLSA classifications while ensuring internal equity and market competitiveness. Presents evaluation analysis to management and CR Business Partners.
- Completes in-depth analysis to support the development, implementation, and administration of compensation programs, ensuring alignment with organizational goals.
- Prepares compensation survey submissions conducted by third-party providers. Gathers data from compensation survey to assist in analysis of pricing and market trends.
- Creates, maintains and audits compensation plans, job profiles, processes, and compensation data (including data loads) in the Workday system ensuring data integrity.
- Plays a vital role in the annual merit and incentive cycle including system testing, administration training, reporting and communications.
Incentive Plan Administration
- Partners with stakeholders in understanding new incentive plans, updating existing incentive plans, ensuring plan accuracy.
- Responsible for the administration of the company’s incentive plans, which include utilizing the HRIS to set up and test new plans, working with payroll to ensure incentives are correctly coded, and working with CR Business Partners to ensure accurate eligibility.
Company Support
- Educates Colleague Resources and people leaders about compensation philosophy and programs.
- Answers compensation related inquiries, interprets policies, and shares market best practice information as appropriate.
- Participates in due diligence as it relates to compensation with mergers and acquisitions.
ADDITIONAL FUNCTIONS and RESPONSIBILITIES
- Performs other duties as assigned.
- Travels as required.
QUALIFICATIONS
Education & Licensing
Bachelor's degree in human resources, business administration, finance or a related field from an accredited college or university preferred. Certified Compensation Professional (CCP) certification a plus.
Experience
Six (6+) years of related experience to include interpreting policy and analyzing data or equivalent combination of education and experience required. Experience with Workday preferred.
Skills & Knowledge
- Strong sense of curiosity and ability to independently problem solve
- Ability to exceed customer expectations
- Strong concern for quality
- Analytical skills and experience interpreting and presenting data
- Ability to partner with and present to all levels throughout the organization
- Excellent oral and written communication skills, including presentation skills
- Excellent interpersonal skills
- Excellent PC skills, including Excel and Microsoft Office products
- Ability to protect company proprietary and maintain confidential information at all times.
- Project management skills
- Strong interpersonal and diplomacy skills
- Ability to meet or exceed Perform
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