Senior Compensation Consultant

ABOUT ADVANCED ENERGY                   

Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.

 

POSITION SUMMARY:                                  

The Senior Compensation Consultant is a senior-level expert responsible for day-to-day management and client-facing support of the company’s global compensation programs. The ideal candidate will demonstrate a high-level of professionalism, possess the ability to work well in a fast-paced environment, have the flexibility to easily adapt to changing priorities and engage in new opportunities to learn.   This role will partner closely with other Human Resources team members on compensation and HR data needs in the organization.

 

RESPONSIBILITIES:

• Supporting the global HR teams, serve as centralized resource for compensation. Develop, implement and monitor compensation, to include: pay for performance, salary structure design and modeling, complex costing scenarios, incentive plans, etc.
• Incorporate multiple survey sources to develop competitive benchmarking analysis and evaluate jobs independently based on market data
• Work with HR Business Partners to audit job content and prepare job descriptions reflecting job responsibilities, activities, duties and requirements, serving as the global expert that ensures alignment of jobs across the organization
• Review proposed salary adjustments for conformance with the company’s established compensation guidelines, policies and practices.
• Recommend corrective or alternative actions to resolve compensation-related issues
• Responsible for annual global salary survey submissions to third-party compensation benchmarking survey providers
• Support global annual merit / salary planning process and short-term incentive calculations including data manipulation and audit, coordination with payroll, and development and distribution of individual employee communication.  Will prepare roll-up summary reporting for these programs
• Participate in various HR compensation related projects, such as global job title alignment and global salary grade development. Will provide periodic audits to ensure quality data integrity
• Develop analysis in support of global pay programs including analysis of equal pay, FLSA practices, incentive compensation and other bonus plans and other HR KPI metrics
• Function as compensation subject matter expert in managing SuccessFactors compensation planning tools
• Partnering with Finance, develop quarterly incentive accruals and other estimates
• Assist with ad-hoc requests and prepare analysis through Excel
• Partnering with Sales teams, create and manage Sales Incentive Programs
• Partnering with Stock Plan Administrator, manage global stock plans in E*TRADE as back-up resource
• Establish and maintain effective working relationships across the company especially within HR and with the HR partners, talent acquisition (recruiting) and all levels of leadership
• Perform other duties as assigned

 

WORK ENVIRONMENT:

• Standard office environment

 

QUALIFICATIONS:

• Strong attention to detail
• Ability to obtain, verify and evaluate/interpret general and statistical information 
• Strong problem solving, decision making, organizational and analytical skills 
• Demonstrated ability to work with data and reporting; strong self-auditor
• Ability to maintain strict confidentiality
• Ability to prioritize and manage multiple initiatives/projects
• Ability to be self-driven and have strong independent initiative  
• Excellent verbal and written communication skills, including presentation skills
• Strong excel skills with ability to develop worksheets with complex formulas

 

EXPERIENCE:                                              

• Minimum 8 years of compensation analyst experience
• Experience working with HR data; experience with SAP and SuccessFactors is a plus
• Prior experience working with Radford survey data preferred

 

EDUCATION: