Compensation Analyst

HolmanMount Laurel, NJ
$60,800 - $86,640Hybrid

About The Position

Holman is a family-owned, global automotive services organization anchored by our deeply rooted core values and principles that have enabled us to continue Driving What’s Right throughout the last century. Our teams deliver the Holman Experience by treating our customers and each other as we would like to be treated, and creating positive, rewarding relationships all around. The automotive markets Holman serves include fleet management and leasing; vehicle fabrication and upfitting; component manufacturing and productivity solutions; powertrain distribution and logistics services; commercial and personal insurance and risk management; and retail automotive sales as one of the largest privately owned dealership groups in the United States. Principal Purpose of Position: Evaluates and conducts benchmarking for hourly, salaried and middle management positions. Participates in third party compensation surveys. Reviews and approves new hire offers as well as promotions and position transfers in order to maintain conformance to legislation, policy, and internal equity. Maintains integrity of job evaluation, job coding, and job documentation system, including the creation and maintenance of job descriptions globally. Participates in the annual merit increase process including distribution of planning worksheets to management, analysis of submissions, preparation of summary reports, and execution of system updates. Responsible for compensation data integrity in HRIS system. Creates and runs ad hoc reports as requested. Supports administration of pension and 401(k) plans, including ad-hoc analysis, preparation of pension calculations and related paperwork, annual reporting, and responding to employee, manager, and HR questions. Prepares documentation of new pay plans and recommends changes and updates as needed. Explains compensation and retirement programs to employees and managers as needed. Under minimal direction, lead special projects as assigned Perform all other duties as assigned.

Requirements

  • Four year college degree in HR, Business or related field.
  • Three or more years of experience in compensation and benefits, financial analysis, or audit
  • Superior Excel and analytical skills
  • Experience with Workday preferred
  • Strong communication skills
  • Specific knowledge of compensation, including base pay, bonus, and equity.
  • Knowledge of internal HR policies, practices, and procedures.
  • Knowledge of external regulations and best practices in the compensation field.
  • Strong project management knowledge and strong organization skills.
  • Strong orientation toward continuous improvement.
  • Must have the ability to reason with others.
  • Interactions require understanding, influencing, and supporting people through applying technical knowledge and rational arguments, aimed at causing action or acceptance by others.
  • Able to diplomatically resolve disagreements between HR and line management while keeping the company's best interests in mind.

Responsibilities

  • Evaluates and conducts benchmarking for hourly, salaried and middle management positions.
  • Participates in third party compensation surveys.
  • Reviews and approves new hire offers as well as promotions and position transfers in order to maintain conformance to legislation, policy, and internal equity.
  • Maintains integrity of job evaluation, job coding, and job documentation system, including the creation and maintenance of job descriptions globally.
  • Participates in the annual merit increase process including distribution of planning worksheets to management, analysis of submissions, preparation of summary reports, and execution of system updates.
  • Responsible for compensation data integrity in HRIS system.
  • Creates and runs ad hoc reports as requested.
  • Supports administration of pension and 401(k) plans, including ad-hoc analysis, preparation of pension calculations and related paperwork, annual reporting, and responding to employee, manager, and HR questions.
  • Prepares documentation of new pay plans and recommends changes and updates as needed.
  • Explains compensation and retirement programs to employees and managers as needed.
  • Under minimal direction, lead special projects as assigned
  • Perform all other duties as assigned.

Benefits

  • Health Insurance
  • Vision Insurance
  • Dental Insurance
  • Life and Disability Insurance
  • Flexible Spending and Health Savings Accounts
  • Employee Assistance Program
  • 401(k) plan with Company Match
  • Paid Time Off (PTO)
  • Paid Holidays, Bereavement, and Jury Duty
  • Paid Pregnancy/Parental leave
  • Paid Military Leave
  • Tuition Reimbursement
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