Compensation Analyst (Part-Time)

Compensation Analyst (Part-Time)

Responsible for the administration and analysis of compensation plans including base pay, incentive, and equity plans.  Performs market research and assists in setting pay structures.  Updates plan documents and creates other communication/education materials.  Collaborates with IT, Finance, and Payroll to administer incentive payment and compensation program policy.  Assists with compensation plan design and implementation.  Forecasts compensation cost, wage inflation and market trends.  Creates reporting to identify and evaluate trends.  Performs ad hoc analysis upon request. 

Administers and provides analysis of compensation plans and programs including base pay, incentive, and equity plans  ​

• Oversees Corporate compensation processes 

• Updates job documents as required 

• Maintains job evaluation systems (Payfactors) 

• Participates in market surveys and evaluates market data to set pay structures 

• Responsible for all Corporate job evaluations 

• Educates leaders on pay policy and process 

• Establishes and maintains pay structures to support compensation philosophy 

• Collaborates with IT to ensure Workday accurately administers policy 

• Recommends policy and process changes when necessary 

• Administers annual merit/salary review process 

• Administers Corporate incentive plans 

• Maintains plan documents and other communication processes 

• Ensures timely and accurate calculation of incentive payments and forecasts/accruals 

• Collaborates with Finance and Payroll to ensure the accurate calculation and distribution of incentive payments 

• Assists with administration of equity plans 

• Maintains equity systems 

• Administers equity grants and releases  

• Administers ESPP 

• Assists with equity reporting 

• Responds to questions from plan participants or leaders 

• Monitors trouble tickets and resolves issues 

 

Forecasting, analysis, and reporting  ​       

• Creates and maintains models to accurately and efficiently administer compensation plans 

• Calculate incentive payments 

• Forecast and support the accrual of compensation expense 

• Communicate awards and summarize payme