Sr. Compensation Analyst-Remote

ABOUT THE ORGANIZATION
 

Sun Chemical, a member of the DIC Group, is a leading producer of packaging and graphic solutions, color and display technologies, functional products, electronic materials, and products for the automotive and healthcare industries. Together with DIC, Sun Chemical is continuously working to promote and develop sustainable solutions to exceed customer expectations and better the world around us. With combined annual sales of more than $8.5 billion and 22,000+ employees worldwide, the DIC Group companies support a diverse collection of global customers.
 

Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our website at www.sunchemical.com or connect with us on LinkedIn or Twitter

 

Please follow this link for a new, exciting 2023 video about Sun Chemical, https://www.youtube.com/watch?v=iV2dWb3Imq4

 

Sr. Compensation Analyst-Remote

 

Sun Chemical is seeking a Sr. Compensation Analyst to join our corporate Compensation team, the ideal candidate will be able to come to our office in Parsippany, NJ as needed for meetings.  

 

The Sr. Compensation Analyst will serve as the project and area lead in the design, development and administration of compensation and incentive programs for the company – the areas of concentration will be cross border North & South America (U.S., Canada, and Latin America), Europe, Middle East, Africa, and China.

 

Responsibilities: 

• Refining and enhancing the Compensation & Total Rewards Strategy on an annual basis, working with Compensation colleagues and management to review the value proposition, analyze the rewards strategy and make recommendations and adjustments, as necessary.

• Designing and administering the annual compensation program, this includes salary administration (market-based job analysis), policies and procedures, structure comparison with the market and internal comparators working closely with the Human Resources Representatives.

• Develop and guide communications and the annual processes working with other colleagues within Total Rewards and Talent Management. Work within a defined global architecture grounded in market practices, assimilate new businesses and acquisitions as needed.

• Design, develop and administer incentive plans, with emphasis on sales incentive plans, and goal and gain sharing programs for the Manufacturing environments.

• Working with the Benefits staff and HR staff, design and develop the strategy regarding union negotiations and works councils within certain business markets - internal and external benchmarking, policy review, presentations to HR and management, as necessary.

• Develop scorecards regarding risk/reward performance, metrics on turnover, time to fill, analysis of incentive plans, participate in various salary surveys for selective businesses.

• Monitor overall programs regarding adherence to internal policies and external compliance legislation (e.g., FLSA, Pay Equity, local market laws, work councils, etc.)

• Working with Total Rewards team in developing the tools, training, and coaching for the HR Representatives and clients regarding compensation and rewar