Compensation Analyst

Join Us as a Compensation Analyst!

At Smithfield Foods, you will be at the heart of our dynamic compensation programs, ensuring fair and competitive compensation practices. You will dive into the world of compensation administration, managing position descriptions, evaluations, FLSA testing, salary administration, and conducting in-depth compensation analyses. Your role will keep our compensation requirements precise and compliant.

You will also be instrumental in implementing innovative compensation programs that translate our strategic goals into real-world success. Your insights and dedication will drive Smithfield Foods forward, making a tangible impact on our journey towards excellence.

What You'll Do :

• Dynamic Data Management
• Complete and maintain salary survey data by compiling, organizing, and submitting data on a timely basis, ensuring up-to-date market information for management's annual reviews and frequent job pricing.
• Evaluate the organization's jobs, document responsibilities and requirements in job descriptions, and respond to inquiries about compensation, market competitiveness, job leveling, and job description maintenance and development.
• Execute core processes, support the annual merit increase process, and partner with HRIS and Payroll departments to ensure smooth, efficient, and error-free operations.
• Strategic Compensation Solutions
• Maintain and enhance a comprehensive database for accessing compensation information and associated job descriptions.
• Assist with KPI tracking, calculations, and forecasting of all incentive plans, including annual incentives and sales incentive compensation.
• Prepare compensation-based communication materials, supporting and partnering with key stakeholders to drive the completion of compensation projects.
• Special Projects and Continuous Improvement
• Develop and maintain internal compensation databases, processes, and procedures, ensuring continuous improvement and efficiency.
• Tackle special projects as needed, including acquisition integration, organization restructuring, system installation, report analysis, and more.
• Seek internal and external information to provide strategic solutions to complex compensation issues, and partner with finance for compensation audits and accruals, using analytics to monitor the effectiveness of compensation plans, programs, and policies.

What We're Seeking :

Other Skills That Make You Stand Out :

Relocation Package Available Yes