Compensation Analyst

Hertz•Estero, FL

11d

About The Position

The Compensation Analyst supports the company’s portfolio of compensation plans by providing analytical and administrative support to drive business performance and maximize the return on investment in employee compensation. The role includes plan modeling, ROI analysis, systems implementation and programming, plan communication, and daily administrative support for assigned incentive programs. The starting salary is $60,000. The analyst administers, designs, and maintains periodic incentive plans using Incentive Compensation Management (ICM) software; responds to questions from People Partners, managers, and employees; and conducts regular and ad hoc reporting and analysis related to incentive design, cost, performance, and compliance. The role also prepares plan documentation, training materials, and communications; ensures the accuracy and integrity of plans in ICM software; manages implementation, communication, and administration projects; conducts compensation compliance audits; and provides data and recommendations for plan decisions and management.

Requirements

Proficiency in MS Office Excel.
Familiarity with financial concepts and the ability to learn new systems and processes.
Attention to detail and accuracy, including the ability to perform extensive data validation using automated tools.
Ability to collaborate with internal and external stakeholders across multiple functions and locations.
Flexibility and adaptability, with the ability to work effectively in ambiguous situations.
Excellent verbal and written communication skills.
Results-driven approach, with the ability to make decisions and help solve problems.
Ability to see the big picture and apply critical thinking and innovation.
Excellent organization, time management, and prioritization skills.

Nice To Haves

0–2 years’ experience in Incentive Compensation, Compensation, People Operations, or a related field.
Bachelor’s degree in Business, Finance, Mathematics, or a related field.
Strong technical proficiency with data analysis and modeling.
Experience with ICM software, specifically Varicent.

Responsibilities

Administer, design, and maintain periodic incentive plans through Incentive Compensation Management (ICM) software.
Respond to inquiries from People Partners, managers, and employees about incentive programs, calculations, goals, and crediting rules.
Perform regular and ad hoc reporting and analyses related to incentive design, cost, performance, and compliance.
Prepare plan documentation, training materials, and communications.
Ensure the accuracy and integrity of assigned plans in ICM software.
Manage projects related to implementation, communication, and day-to-day administration of incentive plans.
Conduct regular compensation compliance audits.
Provide data and recommendations to support decisions about plan status, performance, and plan management.