Compensation Analyst

1-800 Contacts•Draper, UT

29d•$85,000 - $110,000•Remote

About The Position

SeekWell is the parent company of 1-800 Contacts, Luna, and The Framery. Our goal is to make it simpler, easier, and more accessible for people to get the vision care they need. We maintain the legendary, award-winning culture 1-800 Contacts started almost 30 years ago and continue to develop innovative, pioneering products and businesses that make consumers cheer and optometrists squirm. We’re owned by KKR – one of the world’s largest and most successful private equity investment companies. We’ve built an excellent company and changed an industry by putting the customer first, always. The best is yet to come! Why you want this job The Compensation Analyst provides compensation administration, analysis, and pay structure insights to ensure the company is driven and equitable in its compensation policies, practices, and pay plans.

Requirements

3-5 years experience in the Human Resources field with proven understanding of compensation practices and laws
3-5 years experience compiling, analyzing, and interpreting data using spreadsheets such as Excel (Must know how to create and use v-lookups, pivot tables, and other similar formulas)
Strong decision-making and organizational skills, with the ability to optimize the use of all available resources and deliver on multiple priorities
Attention to detail and delivers accurate data
Ability to work independently and direct own work by figuring out short and long term objectives
Excellent analytical thinking and mathematical skills
Excellent verbal and written communication skills, including interpersonal and presentation skills
Outstanding teammate with the integrity to earn the confidence of colleagues quickly
Commitment to keep confidential information secure and limited to the intended audience

Nice To Haves

Human Resources or Compensation certification (preferred)
Experience participating in and using salary survey data such as Radford, Mercer, or others (preferred)
Experience using HRIS reporting tools to build standard and custom reports (preferred)

Responsibilities

Conducts market analysis to determine competitive positioning of all jobs and prepares reports of employee information relative to market data
Conducts internal equity analysis to provide salary recommendations for job postings, new hire offers, and internal pay adjustments, as requested
Uses market intelligence to determine appropriate compensation structure for each position
Provides insight into identifiable trends for different compensation programs; makes recommendations for alignment when needed
Administers the annual merit review process, including communication, data validation, system setup, and reporting
Partners with HR Business Partners to implement changes or corrections to employee status or job when necessary
Analyzes compensation programs and makes recommendations for improvements
Assesses jobs and respective duties to determine classification in accordance with FLSA Guidelines ensuring all employees are classified appropriately
Participates in educating employees and leaders on internal compensation philosophy and practices
Provides data input to annual salary and benefits surveys
Analyze employee benefits programs (e.g., health, dental, retirement) to assess competitiveness, cost-effectiveness, and utilization trends. Provide data-driven recommendations for program enhancements or redesigns
Participates in compensation and benefits related initiatives or projects
Helps develop project plans, including tools, schedule, breakthroughs, and deliverables
Interprets market data in relation to company positions and organizational structure
Audits compensation related data in HRIS to ensure data integrity
Documents and corrects issues when identified
Performs other related duties as assigned