Senior Compensation Analyst

Job Summary

The Senior Compensation Analyst is a key role in ensuring fair, competitive, and effective compensation packages for the top executives. This position requires strong analytical skills, compensation expertise and the ability to navigate complex data sets. The role will administer compensation programs including equity administration, model and forecast the financial impact of compensation plans and ensure compliance with legal and regulatory agencies. The Senior Compensation Analyst will prepare reports and presentations on compensation issues.

Role and Responsibilities

• Research and analyze compensation trends involving staying up to date on market data, salary surveys and industry best practices.
• Participate in the design, implementation, and administration of ]compensation programs. This may include budgeting for compensation plans, tracking and modeling program performance and ensuring their smooth delivery.
• Evaluate jobs using standard job evaluation techniques; determine levels and work with the Compensation Consultant to benchmark each role relative to the market. This also involves balancing internal equity.
• Model and forecast the financial impact of the compensation plans.
• Support compensation processes such as merit, short-term and long-term incentive processes, including preparation of materials for the Compensation and Talent Committee of the organization’s Board of Directors. Partner with internal stakeholders to ensure data and system readiness to deliver such processes.
• Ensure compliance with legal and regulatory requirements.
• Prepare reports and presentations on executive compensation issues which include communicating findings and recommendations to leadership.
• Manage and maintain executive compensation data.
• Support preparation of any disclosures.
• Responsible for the administration of the equity program.
• Process transactions involving equity.
• Maintain equity plan documents.
• Maintain accurate and up to date records of teammate stock ownership data in equity administration software.
• Provide clear and concise communication to teammates regarding their equity plans.
• Prepare and issue grant agreements to teammates.
• Responsible for the administration of the Non-Qualified Deferred Compensation Plan.
• Strong communication skills and executive presence to advise and influence C-Suite executives.

Qualifications and requirements