Associate Total Rewards

Mitsubishi International•New York, NY

About The Position

Mitsubishi Corporation (Americas) is expanding its compensation program and seeks an experienced Compensation Analyst to help analyze, administer, and design compensation programs for Mitsubishi Corporation (Americas) and its subsidiary companies. The role is critically involved in compensation programs and interfaces directly with senior and middle management. It supports the Vice President, Human Resources, by providing compensation advisory services to subsidiary companies. The position prepares and maintains job descriptions, evaluates and classifies jobs, benchmarks roles against market data, and analyzes internal and external pay equity. It administers annual salary increases, incentive payments, spot bonuses, and off-cycle compensation requests; supports incentive program planning and modeling; and provides compensation guidance, training, reporting, and analysis. It also helps document and maintain compensation policies, processes, and controls, responds to ad hoc requests, and drives automation and process improvements.

Requirements

  • Two to four years of compensation experience.
  • Bachelor's degree.
  • Strong analytical skills, including the ability to use qualitative and quantitative data, solve problems, and independently make data-based recommendations.
  • Attention to detail.
  • Excellent writing skills.
  • Experience with HRIS systems.
  • Consultative and collaborative working style.
  • Strong communication and influencing skills.

Nice To Haves

  • Certified Compensation Professional certification.
  • Previous experience with Dayforce.

Responsibilities

  • Prepare and maintain job descriptions, consulting departments and interviewing managers and employees to document job duties, responsibilities, skills, and organizational information.
  • Assess jobs and duties to determine exempt or non-exempt classification.
  • Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges.
  • Advise managers on pay decisions that support employee engagement and comply with compensation policies and company guidelines.
  • Evaluate jobs and develop and maintain job descriptions and the job architecture system.
  • Analyze market data, job evaluations, and internal leveling for new and updated positions to support external and internal equity.
  • Participate in compensation surveys and research and analyze market competitiveness, pay equity, and compensation trends.
  • Advise management on state and federal employment regulations, compensation policies, and human resources procedures.
  • Provide consultative guidance, interpretation, training, and recommendations to managers, supervisors, and team members on compensation programs, policies, actions, and issues.
  • Administer annual salary increases, incentive payments, and spot bonus programs for MCA, MIC, MIBS, MCEC, Triland, and MIFI.
  • Evaluate and process off-cycle salary adjustment, special payment, and bonus requests.
  • Coordinate division and department evaluations with top and middle management and ensure evaluations are completed in time for incentive payments.
  • Create reports and analyses for compensation-related projects, and research and resolve questions, discrepancies, and ad hoc requests.
  • Drive automation and process improvements for compensation programs.
  • Work with business groups to plan and model incentive compensation programs.
  • Develop, write, and deliver compensation courses for managers and employees through the learning management system.
  • Train managers and employees on compensation practices and policies.
  • Ensure policies are in place and that incentive compensation processes and related controls are documented and executed.
  • Answer compensation questions and provide consultative compensation support.
  • Complete ad hoc projects for subsidiary companies.
  • Perform other related duties as assigned.
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