Compensation Analyst II

Midland Credit Management, an Encore Capital Group Company • San Diego, CA

83d • $66,200 - $86,000

About The Position

The Compensation Analyst is responsible for implementing and administering compensation process and programs that assist the company in attracting, retaining and motivating top talent while ensuring alignment with our business goals and compliance with regulatory requirements. May also assist in the design and development of new programs and processes.

Requirements

• Bachelor's degree in Human Resources, Business or related field.
• 2+ years of experience in compensation analysis or related field.
• Knowledge of applicable HR laws and regulations, including FLSA.
• Proficiency with Microsoft Office (Outlook, Word, and PowerPoint), strong Excel skills required.
• Strong verbal and written communication skills, strong attention to detail.
• Ability to think critically, analyze complex problems, and exercise judgment in evaluation to formulate creative solutions.
• Ability to effectively collaborate with people at all levels of an organization.

Nice To Haves

• Certified Compensation Professional (CCP) or Global Remuneration Professional (GRP) certification.
• Workday advanced compensation and reporting experience.
• Hands-on experience with multi-factor regression analysis.
• Strong data analytics experience.
• Project management skills - Ability to manage projects and processes from start to finish.
• Experience building tools in Excel to simplify and automate processes.

Responsibilities

• Supports and administers compensation processes, i.e., annual compensation planning, mid-year promotion cycle, salary survey submission, performance bonus plan accruals, compliance tracking, etc.
• Conducts market analyses and benchmarking studies to evaluate compensation program competitiveness to the market.
• Conducts job evaluations, reviews external market data and internal pay equity and processes pay changes in Workday.
• Processes compensation inquiries regarding compensation processes, procedures and policies received through ticketing system or email in accordance with established SOPs and standard response times.
• Audits and maintains employee pay data in Workday.
• Recommends, researches, and implements process improvements for compensation programs and procedures.
• Partners with various HR teams and leadership to provide guidance on compensation processes, procedures, and policies.
• Directly supports the TA team in evaluating and approving offers in Workday.
• Performs other duties as assigned.

Benefits

• Competitive salary with monthly incentives or annual bonus.
• Paid training and development programs including MCM Academy.
• Recognition programs including informal accolades and formal awards.
• Tuition Assistance for degree or coursework related to current role.
• Comprehensive healthcare plans and options.
• Paid time off for volunteering and volunteer grants.
• Retirement savings plans.
• Company paid leave and new parent flex time.
• Team-building events and experiences.
• Generous paid-time-off and floating holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees