Compensation Analyst

Office Depot•Grand Prairie, TX

23h•Hybrid

About The Position

The Compensation Analyst contributes to and supports the administration of executive, exempt, and non-exempt compensation programs across Office Depot's four key business segments (Retail, B2B/Sales, Corporate/Supply Chain, and Broad-Based/Market). The role supports the implementation of compensation programs, structures, and system changes that advance company objectives and equitable compensation practices. The Compensation Analyst provides analytical and administrative support to HR and business partners, applying knowledge of market analysis and program administration to support business results and employee equity.

Requirements

Bachelor's degree or equivalent experience
Area of Study: Business, Human Resources, Financial Analysis, or Management.
Minimum Years of Experience: 2
Type of Experience: Experience with compensation surveys and market benchmarking
Strong analytical, research, and statistical analysis capabilities
Excellent written and verbal communication skills
Strong project management and organizational skills with ability to manage multiple priorities
Demonstrated ability to work independently and as part of a team
Intermediate to advanced skills in Microsoft Excel (pivot tables, VLOOKUP, formulas, data analysis), Word and PowerPoint
Ability to collect and analyze complex data, identify trends, and provide actionable recommendations
Proficiency with HRIS/HCM systems (Oracle HCM or similar platform preferred)
Familiarity with compensation tools and databases (Salary.com, PayScale, Mercer, etc.)
Awareness of business objectives and how compensation programs support them
Strong systems skills and ability to learn new technologies quickly
Understanding of retail and business operations, market dynamics, and competitive landscape
Ability to explain complex compensation concepts in clear, accessible language to diverse audiences
Collaborative approach to working with internal stakeholders and building credibility
High degree of accuracy in data analysis, reporting, and compliance activities
Ability to manage assigned tasks and deadlines within larger compensation initiatives
Natural inclination to dig into data and spot patterns or inconsistencies
Comfort with numbers and complex spreadsheets
High tolerance for precision—errors in compensation have ripple effects
Enjoys problem-solving through data

Nice To Haves

Experience in a multi-segment or complex organizational structure preferred
Knowledge of pay equity legislation and compliance (Equal Pay Act, OFCCP)
Certified Compensation Professional (CCP) or similar credential preferred
Experience with SQL or data analytics tools preferred

Responsibilities

Conduct quarterly and annual compensation analyses, job evaluations, market pricing studies, and internal equity reviews.
Perform statistical analysis and prepare reporting on compensation trends and program performance.
Participate in market surveys and contribute to salary benchmarking initiatives.
Assist with compensation design planning and the development of compensation policies and programs under the direction of senior team members.
Administer annual compensation programs and coordinate special compensation projects as assigned.
Support segment-specific compensation initiatives and provide timely administrative support to business partners.
Retail: Process quarterly and biweekly payroll calculations, manage W-4 file administration, documentation processes, and respond to ad-hoc compensation requests.
B2B/Sales: Administer sales compensation programs including draw API reconciliation, quarterly compensation validation, incentive code maintenance, and KPI tracking; compile data to support incentive plan reviews.
Corporate/Supply Chain: Support corporate bonus administration (quarterly and semi-annual cycles), manage job evaluation documentation, payroll management, severance agreements, and FMLA alignment.
Broad-Based/Market: Conduct market surveys and salary administration; support pay equity analysis (annual and ad-hoc); provide market intelligence for compensation decision-making.
Participate in job evaluation processes by reviewing job descriptions and making grade recommendations.
Ensure consistency and conformance to company job evaluation standards and procedures.
Support organization-wide job evaluation initiatives and respond to internal stakeholder questions on grading methodology.
Interface and develop positive working relationships with internal customers across all business segments.
Serve as a day-to-day resource to HR, Finance, and business partners on compensation questions and requests.
Communicate compensation program changes and updates clearly to internal stakeholders.
Participate in cross-functional initiatives between compensation, HR, and business units.
Assist with Oracle HCM (mycloud) element set up and maintenance for compensation-related tables.
Run and maintain existing compensation reports within Oracle HCM; assist in building new reports to support analytical needs.
Respond to questions from across the organization regarding compensation systems and data.
Ensure data integrity and compliance with company standards in system administration.
Assist in documenting and updating human resource standard practices and procedures related to compensation administration.
Monitor compensation activities to ensure consistency and conformance to established standards and procedures.
Verify that all compensation activities adhere to company policies, regulatory requirements, and compliance guidelines.
Maintain current knowledge of compensation best practices and industry trends.