Senior Compensation Analyst - Variable Pay

Penske • Cumru Township, PA

2d

About The Position

Penske’s Corporate Compensation team is growing and is currently seeking a Senior Compensation Analyst focused on variable pay. This role will support the Manager Compensation and will be actively involved in our variable pay programs, including commission, incentive plans. The Senior Compensation Analyst will provide compensation, analysis and consultation to all levels of management and HR Partners. Additionally, this position will provide guidance to managers on commission plan policies and practices to ensure compliance and provide system support to end users when necessary. Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to help companies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and a commitment to customer success. Visit Go Penske [https://www.gopenske.com/] to learn more.

Requirements

• Focus on variable pay, including commission and incentive plans.
• Provide compensation analysis and consultation to management and HR Partners.
• Provide guidance on commission plan policies and practices.
• Provide system support to end users.
• Evaluate internal equity, external competitiveness, and legal compliance.
• Deliver training on compensation philosophy, practices, and systems.

Responsibilities

• Provide compensation support and consultation to various corporate departments and field locations.
• Lead and process annual plan design and documentation.
• Identify trends and develop recommendations to address any areas of opportunity.
• Assist in audits and reviews to ensure compliance.
• Partner with the compensation team on variable, commission plans for new jobs to determine compensation structure.
• Partner with compensation of jobs and ranges for the organizations compensation program to evaluate internal equity, external competitiveness and legal compliance.
• Deliver training to HR and Managers to educate them on our compensation philosophy, practices and systems.
• Actively participate in projects that impact associate compensation and organizational hierarchy, offer compensation support when necessary.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed