Sr. Compensation Analyst
About The Position
The Senior Compensation Analyst designs, analyzes, and administers compensation programs that support the Company’s talent strategy while promoting market competitiveness, internal equity, regulatory compliance, and fiscal responsibility. Serving as a compensation subject matter expert, the role partners with the Compensation Manager, Human Resources Business Partners, Finance Leadership, and other business leaders to develop strategic compensation solutions, conduct complex market analyses, and provide data-driven recommendations to attract, retain, and reward talent. The Senior Compensation Analyst leads compensation projects, mentors junior team members, and improves compensation processes and programs. The position requires a bachelor’s degree in Finance, Data Analysis, Human Resources, or a related field, and 3–4 years of compensation experience. Retail industry experience is a plus. A Certified Compensation Professional (CCP) certification or progress toward it is desired. The role may require travel up to 10%.
Requirements
- Bachelor’s degree in Finance, Data Analysis, Human Resources, or a related field.
- 3–4 years of compensation experience.
- Demonstrated knowledge of broad-based compensation and incentive programs, policies, and practices.
- Analytical thinking, sound judgment, attention to detail, and problem-resolution skills.
- Strong qualitative and quantitative data analysis skills.
- Ability to analyze complex problems and devise viable solutions.
- Ability to synthesize information into presentations for Executive Management.
- Strong project management and organizational skills, with attention to detail.
- Knowledge and skills in job analysis, job evaluation, market analysis, and survey participation.
- Knowledge of labor markets and trends affecting grades, ranges, and other aspects of compensation.
- Strong process management skills.
- Skills in designing and delivering compensation training materials.
- Knowledge and experience interpreting regulatory requirements and relevant federal and state laws and regulations.
- Ability to partner with others, influence, and negotiate at all levels of management.
- Strong verbal and written communication skills.
- Excellent time management; ability to manage multiple tasks, adapt to shifting priorities and deadlines, and handle large data sets while maintaining data integrity.
- Ability to maintain confidentiality.
- Ability to mentor junior staff members.
- Excellent computer skills, particularly with spreadsheets such as Excel and presentation software.
Nice To Haves
- Retail industry experience.
- Certified Compensation Professional (CCP) certification or progress toward attainment.
- Microsoft Access experience.
- Workday experience.
- PayScale’s MarketPay or other market pricing software experience.
Responsibilities
- Partner with the Compensation Manager to design, implement, and administer compensation programs, policies, and practices aligned with company objectives.
- Conduct complex market pricing analyses using salary surveys and external labor market data to assess compensation competitiveness.
- Maintain salary structures, pay grades, and geographic differentials.
- Evaluate new and existing positions and job profiles for accurate job classification, internal equity, and market alignment.
- Advise HR Business Partners on compensation decisions, including hiring offers, promotions, transfers, retention requests, and market analyses.
- Lead annual compensation planning, including merit increases, market adjustments, and incentives.
- Analyze compensation trends and workforce data to identify risks and recommend strategic improvements to the Compensation Manager.
- Ensure compliance with federal, state, and local compensation regulations, including wage and hour laws, pay transparency requirements, and equal pay legislation.
- Participate in compensation surveys, evaluate survey methodologies, and recommend benchmarking strategies.
- Partner with HRIS and Finance to maintain compensation data integrity and improve reporting capabilities.
- Develop compensation policies, procedures, and governance documentation.
- Mentor and provide technical guidance to the Compensation Analyst, Compensation Coordinator, and other HR stakeholders.
- Monitor compensation trends, best practices, legislation, and industry developments, and recommend program enhancements.
- Perform other duties as assigned.
Benefits
- Retail merchandise, restaurant, resort, and conservation attraction discounts.
- Medical benefits.
- Dental insurance.
- Vision insurance.
- Health Savings Account.
- Flexible Spending Account.
- Voluntary benefits.
- 401(k) retirement savings.
- Paid holidays.
- Paid vacation.
- Paid sick time.
- Bass Pro Cares Fund.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
