Compensation Analyst

$80,000 - $120,000/Yr

OneMain (Formerly Springleaf & OneMain Financials) - New York, NY

Full-time - Entry Level

New York, NY

Credit Intermediation and Related Activities

About the position

Reporting to the VP, Managing Director of Compensation, the Compensation Analyst will be a highly analytic, detail-oriented team player who will support the analytics, planning, administration, and implementation of all compensation programs and policies. This individual will collaborate with human resource business partners, recruiting partners and all levels of management to deliver world-class compensation consulting and solutions.

Responsibilities

• Learn to conduct market pay analysis to determine competitiveness of pay and make recommendations for pay adjustments.
• Develop detailed job descriptions based on a thorough review and evaluation of jobs.
• Assist in the development of salary structures and slotting of jobs into appropriate level.
• Become a super-user of the Workday system and the system's compensation capabilities.
• Partner with Payroll and HRIS and serve as subject matter expert on compensation and cross-functional projects.
• Support the annual compensation planning process from baseline analysis through communication and payment.
• Collaborate with Legal, Accounting, and Tax to ensure accurate reporting and compliance with applicable laws and regulations.

Requirements

• Bachelor's degree or equivalent experience.
• Preferred 1-3 years of relevant experience in compensation, consulting, finance, audit, payroll or system implementation.
• Advanced Excel and PowerPoint skills to assist in the design, development, implementation and administration of all types of compensation programs.
• Ability to analyze and compile complex data and present effective summaries and reports.
• Strong financial, analytical and auditing skills and experience using analytical and problem-solving skills to build effective programs.

Nice-to-haves

• Experience with Excel and PowerPoint; interest in Financial Services and compensation is preferable.
• Workday or other systems experience preferable.

Benefits

• Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances.
• Up to 4% matching 401(k).
• Employee Stock Purchase Plan (10% share discount).
• Tuition reimbursement.
• Paid time off (15 days' vacation per year, plus 2 personal days, prorated based on start date).
• Paid sick leave as determined by state or local ordinance, prorated based on start date.
• Paid holidays (7 days per year, based on start date).
• Paid volunteer time (3 days per year, prorated based on start date).