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Compensation Analyst

Compensation Analyst

ConfidentialBengaluru / Bangalore, India
20 days ago
Job description

Reporting to the Director Compensation Design, the Compensation Analyst will be responsible for development and implementation of analytical solutions / tools and standardized reports from multiple data sources providing HR and other Reward team members with the intelligence and data to make decisions related to pay governance and strategy.

As part of the Design & Analytics team, the Compensation Analyst will work on broad range of analysis which will assist in improving the overall efficiency of the Total Reward team including automation and standardization of enterprise wide processes.

The job holder will be responsible for analysis of market data on a global basis to support the development and implementation of pay ranges to ensure competitiveness and where necessary statutory compliance of Thomson Reuters Global Pay programs. While developing pay ranges, the job holder will have the responsibility for job matching, survey input, managing survey vendor relationships and the sourcing and analysis of appropriate market data in accordance with Thomson Reuters global compensation philosophy. The job holder may be asked to partner in execution of the Annual Compensation Cycle for the Company.

The Compensation Analyst will work closely with other compensation team members providing analytical and operational support. The incumbent will work under supervision of the Director Compensation Design, relying on instructions and guidelines to perform the job and may be required to liaise with internal Rewards clients such as other Reward Managers and Analysts.

The Compensation Analyst will be a professional with general understanding of industry practices and company policies and procedures. The incumbent should be proficient in analysis and interpretation of data to make logical conclusions.

About The Role

In this role as Compensation Analyst, you will :

  • Analysis of large amounts of data using statistical methods
  • Develop excel based analytical tools which aids in intelligent data outputs for faster decision making
  • Using HRIS and Compensation Administration systems to run queries and research issues
  • Complete audits for data validity / governance purposes
  • Provide data in support of the annual salary planning process
  • Act as a key contributor to the development of country pay structures
  • Assist in salary survey participation and summarize market data for broader review within the Rewards Function
  • Other miscellaneous pay research and analyses, as needed

About You

You're a fit for the role of Compensation Analyst if you :

  • Have proven analytical and quantitative skills. Advanced analytical execution skills in Excel and Access would be ideal.
  • Have experience and / or background in Compensation / General Data Analytics preferred
  • Are proficient with HR database queries (e.g. Workday) and general knowledge of Human Resources functions or disciplines.
  • Are detail-oriented with a commitment to quality and ability to approach assignments strategically and manage to completion
  • Have excellent organizational skills with ability to work on many tasks concurrently
  • Are an effective communicator.
  • Have working knowledge of Microsoft business applications like Excel, Power Point, Word etc.
  • Have a Bachelor's degree and 3+ years relevant experience.
  • What's in it For You

  • Hybrid Work Model : We've adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.
  • Flexibility & Work-Life Balance : Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
  • Career Development and Growth : By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow's challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
  • Industry Competitive Benefits : We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
  • Culture : Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values : Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
  • Social Impact : Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
  • Making a Real-World Impact :  We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
  • About Us

    Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.

    We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting Join us and help shape the industries that move society forward.

    As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex / gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.

    We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here.

    Learn more on how to protect yourself from fraudulent job postings here.

    More information about Thomson Reuters can be found on thomsonreuters.com.

    Skills Required

    Hris, Access, Excel, Workday

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    Compensation Analyst • Bengaluru / Bangalore, India

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