Associate Compensation Analyst

La-Z-BoyMonroe, MI
Onsite

About The Position

This role supports the Total Rewards team by analyzing and enhancing various compensation programs. Primary responsibilities include supporting sales incentive programs, conducting data analysis on current pay practices for the Company and providing recommendations on improvements, and assisting in special projects to support organization changes. As a key member of the Total Rewards Team, this role will prioritize compensation administration and data analysis to enhance pay practices for all divisions in the Company. This role has a direct impact on employee compensation and requires a high degree of confidentiality and attention to detail.

Requirements

  • Bachelor’s degree in Human Resources, Finance, Business or related field with 0-2 years of relevant experience or equivalent
  • Highly proficient in Excel
  • Experience working with large data sets
  • High attention to detail
  • Curiosity to understand the story behind numbers
  • Ability to maintain confidential data and meet strict deadlines
  • Up to 5% travel

Nice To Haves

  • Experience using HR systems – WFM, Workday
  • Experience and knowledge with sales and manufacturing incentive pay

Responsibilities

  • Partner closely with HR Business Partners (HRBPs) and the Payroll team to analyze current practices for gathering, validating, and calculating essential data for various commission, bonus, and incentive programs.
  • Conduct thorough data analysis on existing pay structures and employee compensation data to provide actionable recommendations for enhancing all compensation frameworks, administration processes, and reporting mechanisms.
  • Proactively troubleshoot and address discrepancies in compensation data in collaboration with the Total Rewards team, Payroll, and HRBPs to ensure accurate variable compensation payouts.
  • Generate and review monthly commission reports for the Total Rewards team and Retail Leadership, including the creation of process documentation, audit reports, and other ad hoc reporting requests.
  • Field compensation related inquiries from employees who submit cases in the HRIS platform, ensuring timely and accurate resolution of questions in alignment with pay plans and the company’s compensation philosophy.
  • Contribute to ongoing and future implementations and enhancements of Point of Service? Point of Sales? (POS) reporting systems and HRIS configurations, ensuring they meet compensation accuracy and reporting needs.
  • Undertake special assignments as directed and provide comprehensive support for additional compensation-related processes as necessary.

Benefits

  • Medical
  • Vision
  • Dental
  • Basic Life Insurance
  • 401k retirement plan with company match of up to 6%
  • 9-11 paid holidays each year
  • two weeks’ prorated vacation as a new hire
  • personal time (non-exempt only) or state mandated sick time
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