Compensation Analyst II

Generac Power Systems•Waukesha, WI

3d•Onsite

About The Position

The Compensation Analyst II is responsible for analyzing, implementing, and maintaining the company’s compensation programs. This role involves conducting market research, evaluating job positions, and ensuring that the company’s compensation practices are competitive and compliant with legal requirements.

Requirements

Bachelor's degree (or equivalent knowledge) in Human Resources, Business Administration, Finance, or a related field or a related field.
Three years of experience in compensation analysis or a related HR role
Demonstrated critical thinking, research, analytical, and quantitative skills.
Strong attention to detail, ability to draw conclusions, summarize results, and make effective decisions when working with large data sets from multiple sources.
Proficiency in MS Office applications.
Highly proficient with Excel.
Demonstrated understanding of the laws and regulations that affect human resources and compensation.
Ability to handle confidential information with discretion.
Excellent verbal, interpersonal, and written communication skills necessary to interact with staff at all levels of the organization.

Nice To Haves

Experience using HR technology such as Workday, Oracle Cloud HR, or SAP/SuccessFactors.
Experience using compensation administration software such as BetterComp, MarketPay, PayFactors, CompAnalyst, etc.
Experience delivering both compliance-based and consultative compensation solutions to internal clients.
Global compensation experience to include Canada, Mexico, and Europe.

Responsibilities

Conduct market research and analysis to determine competitive compensation practices.
Evaluate jobs and positions to ensure internal equity and external competitiveness.
Assist in evaluating and maintaining career/job level architecture and job families.
Assist in the developing and implementing compensation policies and procedures.
Assist in maintaining company short- and long-term incentive programs.
Prepare and present reports on compensation analysis and recommendations.
Collaborate with HR and management to address compensation-related issues.
Ensure compliance with federal, state, and local compensation laws and regulations.
Coordinate salary surveys, analyze survey data to benchmark company positions, and maintain market evaluation datasets.
Support the annual compensation review process, including salary adjustments, bonus, and equity distributions.