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Compensation Analyst

Workhuman

Workhuman

IT
Framingham, MA, USA
Posted on Saturday, February 24, 2024

Job Description:

We are looking for an inquisitive, motivated, analytical Compensation Analyst with the ability to creatively multi-task. Within this cross-functional and visible role, you will be a valuable member of the Human Experience team and will partner with various stakeholders and conduct in-depth analyses to help build and deploy competitive, compliant, scalable, and innovative compensation programs to support our growing company so we can attract, retain, and motivate current and future Humans!

This role will report to our US-based Senior Director, Total Rewards.

What we can offer you:

  • Assess alignment with internal and external total compensation data to ensure our program is internally equitable, externally competitive, and continues to meet the changing needs of the business

  • Conduct market research, analyze competitive position and market trends and make recommendations for base salary structures, market adjustments and variable pay programs

  • Establish credibility as a subject-matter expert and act as a trusted advisor throughout the business

  • Interview and survey employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job

  • Partner with stakeholders across Workhuman, including but not limited to Talent Acquisition, HX Strategy Partners, Finance and Accounting, to provide comprehensive insight, interpretation, and financial impact regarding compensation-related programs

  • Work closely with stakeholders to understand the business and provide proactive compensation analysis and solutions to address business needs

  • Use analytic tools to support leaders, managers, and employees in compensation planning and decision-making

  • Play a key role in the year-end compensation planning and performance review processes

  • Provide guidance for compensation changes related to promotions and market adjustments.

  • Assist with employee Bonus and Equity planning

  • Manage compliance with applicable regulatory requirements regarding employee pay while staying up to date on current related legislation (FLSA)

  • Completion of all mandatory legislative reporting as required e.g. Gender Pay Gap, CSO

  • Conduct regular market analysis, job evaluations and salary modelling

  • Lead annual compensation survey submission process, collect and maintain a live-library of market match codes within Workday for on-going, internal analysis

  • Drive and implement process improvements where needed and take the lead on associated projects

The Skills you will bring

  • Degree or Masters in HR/Business in Human Resources, Finance, Law or equivalent.

  • 5 + years of Compensation experience involving implementation of job architecture and compensation framework strategy required

  • Extensive knowledge of compensation programs, policies, procedures, and applicable legislation.

  • Evaluate current compensation structures and provide insights against market best practices

  • Experience with an HRIS system preferred (Workday is ideal) and understanding of benefit file feed integrations

  • Experience in financial budgeting and planning field is a plus

  • Team player with open-minded attitude, willing to help where needed and dive into various projects

Achievements

  • Positive and enthusiastic about creating exceptional employee experiences for all

  • Excellent project management skills, presentation skills, a high degree of analytical skills and experience with Excel including pivot tables would be highly desired.

  • High interpersonal skills and curiosity with the ability to create trusting and engaging relationship

The Company:

At Workhuman® our mission is to bring more humanity to the workplace. We recognise and embrace individuals’ differences and believe that workforce diversity and inclusion are essential to our long-term growth and success. Even if you don’t think you “check every single box” above, please still consider applying. We’re looking for a human who is collaborative, and innovative with a growth mindset. We love what we do because we’re shaping the future of work through our people and our technology. Our human cloud-based applications are helping some of the world’s leading global brands connect culture to shared purpose. The Workhuman Cloud empowers employees to thank, talk and celebrate each other, creating an environment that sparks gratitude and human connection while increasing employee engagement and productivity.

Did you know we have an award-winning culture across EMEA and North America:

  • We were named as #5 Best Workplace in the Great Place to Work Awards in Ireland in 2022 in the large sized workplace category. We were also recognised as a Best Workplace for Women and a Best Workplace in Technology in 2020, 2021 and 2022.

  • In 2021 we were named as #2 Best Workplace in Europe in the medium sized workplace category.

  • We were also recognised as #2 Best Large Places to Work in Boston by Built In for 2023 as well as a Best Place to Work in Boston, U.S. Best Large Places to Work and U.S. Best Places to Work.

  • There are currently over 7.5 million users on the Workhuman® cloud across 180 countries.

  • Our core values are Respect, Determination, Innovation and Imagination.

Workhuman is an Equal Opportunity Employer and is committed to the principle of equal employment opportunity for all employees. We proudly provide a work environment free of discrimination and harassment. Employment decisions at Workhuman are based on solely on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social, or ethnic origin, sex (including pregnancy), age, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, or any other status protected by the laws or regulations in the locations where we operate. Workhuman believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.