Compensation Analyst

Hertz•West Bay Club, FL

About The Position

The Compensation Analyst supports the company’s portfolio of compensation plans by providing analytical and administrative support to improve business performance and maximize the return on investment in employee compensation. The role includes plan modeling, ROI analysis, systems implementation and programming, plan communications, and daily administration of assigned incentive programs. 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 performs 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 the ICM system; manages related implementation and administration projects; conducts compensation compliance audits; and provides data and recommendations to inform plan decisions.

Requirements

  • Proficiency in Microsoft Office Excel is required.
  • Strong technical proficiency with data analysis and modeling.
  • Familiarity with financial concepts and 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, including 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 of experience in Incentive Compensation, Compensation, People Operations, or a related field.
  • Bachelor’s degree in Business, Finance, Mathematics, or a related field.
  • Specific experience with ICM software, particularly 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 incentive plan implementation, communication, and day-to-day administration.
  • Conduct regular compensation compliance audits.
  • Provide data and recommendations to support decisions regarding plan status, performance, and management.

Benefits

  • Up to 40% off the base rate of standard Hertz rentals.
  • Paid Time Off.
  • Medical, dental, and vision plan options.
  • Retirement programs, including 401(k) employer matching.
  • Paid parental leave and adoption assistance.
  • Employee Assistance Program for employees and family.
  • Educational reimbursement and discounts.
  • Voluntary insurance programs, including pet, legal/identity theft, and critical illness coverage.
  • Perks and discounts, including theme park tickets and gym discounts.
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