Senior Compensation Analyst

1-800 Contacts•Draper, UT

About The Position

The Senior Compensation Analyst provides compensation administration, analysis, and pay-structure insights to support equitable and competitive compensation policies, practices, and plans. The role conducts market and internal equity analyses, supports salary recommendations, administers the annual merit review process, evaluates compensation and benefits programs, and helps maintain accurate compensation data in the HRIS. The analyst also partners with HR Business Partners, supports compensation-related initiatives, and educates employees and leaders on the company’s compensation philosophy and practices. SeekWell is the parent company of 1-800 Contacts, Luna, and The Framery. Its goal is to make vision care simpler, easier, and more accessible. SeekWell is owned by KKR and emphasizes a customer-first culture.

Requirements

At least 3 years of experience in Human Resources, with a proven understanding of compensation practices and laws.
At least 3 years of experience compiling, analyzing, and interpreting data using spreadsheets such as Excel.
Ability to create and use VLOOKUPs, pivot tables, and similar spreadsheet formulas.
Strong decision-making and organizational skills, including the ability to optimize available resources and manage multiple priorities.
Attention to detail and ability to deliver accurate data.
Ability to work independently and direct one’s work toward short- and long-term objectives.
Excellent analytical thinking and mathematical skills.
Excellent verbal and written communication skills, including interpersonal and presentation skills.
Strong teamwork and integrity, with the ability to earn colleagues’ confidence.
Commitment to keeping confidential information secure and accessible only to the intended audience.

Nice To Haves

Human Resources or Compensation certification.
Experience participating in and using salary survey data, such as Radford or Mercer.
Experience using HRIS reporting tools to build standard and custom reports.

Responsibilities

Conduct market analyses to assess the competitive positioning of jobs and prepare reports comparing employee information with market data.
Conduct internal equity analyses and provide salary recommendations for job postings, new-hire offers, and internal pay adjustments.
Use market intelligence to determine appropriate compensation structures for positions.
Identify trends in compensation programs and recommend alignment where needed.
Administer the annual merit review process, including communications, data validation, system setup, and reporting.
Partner with HR Business Partners to implement necessary employee-status or job changes and corrections.
Analyze compensation programs and recommend improvements.
Assess jobs and duties to determine classifications in accordance with FLSA guidelines and ensure employees are classified appropriately.
Educate employees and leaders on internal compensation philosophy and practices.
Provide data for annual salary and benefits surveys.
Analyze employee benefits programs, including health, dental, and retirement, for competitiveness, cost-effectiveness, and utilization trends; recommend enhancements or redesigns based on data.
Participate in compensation- and benefits-related initiatives and projects.
Help develop project plans, including tools, schedules, breakthroughs, and deliverables.
Interpret market data in relation to company positions and organizational structure.
Audit compensation-related HRIS data, maintain data integrity, and document and correct identified issues.
Perform other related duties as assigned.