Compensation Analyst

LPL Financial•Tempe, AZ

About The Position

Reporting to the VP, Compensation, the Senior Compensation Analyst will provide analytical solutions and consultative compensation guidance to HR Business Partners and our Business Units (BU). As a member of the Corporate Compensation team, you will support in the design, development, and on-going management of the firm’s compensation programs and initiatives.

Requirements

Bachelor’s degree in business administration, related field or a combination of work experience in Compensation
5+ years of progressive HR work experience, preferably within Compensation
Strong Excel skills, including the ability to create models, advanced formulas, macros, etc.
Excellent knowledge of HCM and market pricing tool preferably Workday and MarketPay
Proven data analytical skills & experience
Ability to work effectively as a member of a team
Strong attention to detail
Sensitivity in working with confidential information
Strong communication skills and ability to explain complex topics in an easy-to-understand manner

Nice To Haves

CCP a plus

Responsibilities

Provide analytical support for various compensation projects as well as create insightful analysis, reports, and dashboards to analyze various compensation programs
Support the BUs and HR Business Partners with job evaluations, pay equity reviews, and responding to general compensation inquiries
Participate in the administration of the annual merit and bonus cycles from end-to-end including design, testing, communication, training and support to HRBPs and People Managers
Conduct market pricing and competitive benchmarking, collecting and organizing data for analysis, summarizing findings and highlighting areas of focus
Support the management of annual salary surveys
Perform regular data audits to ensure accuracy, integrity and compliance with compensation data.
Identify opportunities for continuous improvement of our compensation programs and processes
Support ad-hoc compensation projects / initiatives