Senior Compensation Analyst

Comfort starts with our 10,000+ team members across the globe, who are transforming the power of comfort every day. Our employees have the power to change lives, in our homes, work and communities. We foster an inclusive environment while honoring a legacy built on family, where everyone can be themselves.
 
If you are ready to join an industry leading organization where our people are the most important asset, and innovation propels us into the future, you’re ready to take your seat at La-Z-Boy Incorporated. 
 
WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORT

Job Summary:

This position will lead the administration of compensation programs and processes enterprise-wide. Implement, communicate, and administer company compensation programs to support strategic objectives in partnership with HR Business Partners and business leaders. Provide on-going compensation support to the Corporate Office, Divisions, and Subsidiary companies.

Job Description:

KEY RESPONSIBILITIES:

• Provides compensation support for various cross-functional HR projects including ongoing support for existing business units in HRIS platform as well as for business units outside of the platform
• Monitors salary structures, assists with data for salary budgets, and prepares policies and procedures to ensure the achievement of equitable and competitive employee compensation.
• Conducts job evaluations across the enterprise by conducting job analysis and internal equity studies including benchmarking and analyzing compensation through surveys and market pricing
• Leads the salary survey participation process for annual surveys and occasional ad-hoc pulse surveys
• Assists with the development, implementation, and administration of compensation and non-management sales and hourly incentive compensation programs for the Retail Division and LZB Manufacturing Division to ensure competitive pay (internal/external), retention, and motivation corporate-wide.
• Participates in the design and implementation of core and advanced compensation modules in HRIS platform for business entities across the globe new to the platform. Works alongside HR business partners and provides guidance and knowledge acquired through prior Workday implementations at the enterprise to ensure a successful launch of the platform that is aligned to company practices and policies.
• Manages client requests and ownership of data integrity for report development, documentation of new procedures, and business process workflow as relates to compensation.
• Researches compensation best practices, prepares proposals, and provides counsel for new and improved programs based on organizational needs, cost projections, and statistical analysis.
• Monitors compensation practices from a legal standpoint to ensure compliance with labor laws and regulations such as FLSA, Title VII, Equal Pay Act, Americans with Disability Act, Dodd-Frank, Pay Transparency, etc.
• Performs special assignments as directed and provide support with additional processes and executive compensation as needed.
• Assist with projects involving Mexico Compensation and Executive Compensation.

SCOPE & IMPACT: 

Support the compensation programs and policies company-wide to include U.S. offices, manufacturing, and retail as well as our International businesses. As a key member under the compensation center of excellence, this position drives the balance of external competitiveness and internal equity, in alignment with strategic objectives.

MINIMUM REQUIREMENTS: 

• Bachelor’s degree in Human Resources or related field with 4-6 years of relevant experience, or equivalent.
• Compensation background providing analysis and job evaluations
• Advanced Proficiency with MS Suite, specifically Excel
• Previous experience or familiarity with HRIS or HCM systems
• Demonstrated knowledge of Fair Labor Standards Act. 
• Strong interpersonal skills; ability to develop effective relationships and partnerships with HR team and business partners within the organization.
• Travel Required: Up to 5%

PREFERRED REQUIREMENTS:

• MBA
• CCP Certificate
• Prior knowledge and experience with retail sales commission plans.
• Prior knowledge and experience with manufacturing incentive production compensation plans including the development of step plans
• Workday experience preferred
• Prefer previous experience in building an enterprise-wide job titling/grading and range strategy 
• Familiar with Expatriate assignment administration

SUPERVISORY RESPONSIBILITIES: None

PHYSICAL DEMANDS/W