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Senior Compensation Analyst

DiversifiedBengaluru, Karnataka, India

12 days ago

Job description

Job Summary :

The Senior Compensation Analyst role is part of the Diversified Global Total Rewards team primarily responsible for administering, maintaining, and in some cases, designing and managing compensation policy, programs and procedures designed to continuously improve Diversified's talent acquisition and retention capabilities worldwide. The position serves as a subject matter expert to internal stakeholders on fundamental compensation analysis, comparative talent market assessments, wage and hour employment law compliance.

Responsibilities :

Administer, maintain, and support global compensation programs and procedures, including base and incentive pay, compensation survey management, talent market comp analysis, and ad-hoc job analysis for all types of projects.
Provide analytical support and data analysis on projects and human resource metrics
Participate in and provide data input to multiple compensation surveys and total rewards trends surveys to collect and analyze competitive salary information to determine company's competitive position
Evaluate US-based jobs for federal wage and hour compliance
Develop and implement methodology to analyze global pay equity
Review and recommend salary placements for new hires, internal transfers and promotions
Develop and document procedures to streamline processes and ensures compliance with global regulatory requirements
Maintain compensation data integrity in ADP and / or other HRIS
Monitor, advise, and administer various incentive and commission programs
Consult internal and external stakeholders on local market compensation expectations, industry best practices and compliance demands for all countries where Diversified operates.
Engage management and functional leaders in Talent, HR, Operations and Sales as a business partner, problem solver, and mediator in the design, review and enforcement of business rules in areas of compensation policy and practice
Assist in the development and dissemination of effective communication materials that enhance the understanding and value of compensation programs
Provide information to employees, managers and Human Resources & Talent Acquisition regarding compensation programs and practices in support of the objectives and operation of the business
Help drive design, development, and administration of total rewards policies, programs, and procedures at Diversified in support of global initiatives.

Requirements :

Bachelor’s degree in business administration or other discipline involving the intersection of people and statistics;

5+ years' experience as Senior Compensation Analyst in a mid-to large sized global organization in a role requiring and acquiring demonstrable expertise in Compensation; understanding of finance fundamentals, statistics, cost analysis and computation and their impact on total rewards design, practices and administration

Advanced skills required to manage, analyze and report data using Excel, SharePoint, and payroll, talent management, human capital systems

Proven expertise completing and submitting data for compensation surveys

Experience project managing or significantly contributing to the development, localization and implementation of total rewards programs, projects or initiatives

Proven ability to focus on details and deliver high-quality, accurate results

Proven ability to adapt and overcome challenges by staying engaged, understand a business model and its operations to effectively recommend and implement total rewards programs

Proven expertise in effectively managing competing priorities and deadlines to ensure consistent on-time response to stakeholder queries

Shift : 2 : 00 PM - 11 : 00 M

Work Mode - Hybrid

Preference : Immediate Joiners / 30 days' notice period

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Senior Analyst • Bengaluru, Karnataka, India