Sr Analyst-Compensation

Lowes

2d•Onsite

About The Position

This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration. Your Impact The primary purpose of this role is to assist with the design, development, and administration of base salary, variable compensation, and incentive compensation programs for retail stores, distribution centers, and corporate associates to ensure market competitiveness and internal equity. This also includes responsibility for continuous process improvement in the use of existing compensation technology and development of improved methods. This role is critical to Lowe's as many of the work activities affect employee engagement, retention, and the long-term success of Lowe's.

Requirements

Bachelor’s degree Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis or related field or equivalent years of experience in lieu of education requirement, if applicable
5 Years Experience in Compensation
5 Years Experience in Microsoft Excel and database analytics.
Excellent verbal and written communication skills.

Nice To Haves

Master’s degree Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis or related field

Responsibilities

Evaluates market data/trends and conducts analyses to determine the competitiveness of Lowe’s compensation programs, and makes recommendations accordingly
Performs analysis, modeling, and calculations for annual bonuses, incentive programs and other ad hoc data requests
Assists with the preparation of policy documentation and recommends clarification to policy issues
Facilitates and processes increases for compensation events, such as annual merit increases, wage increases, step increases, etc.
Reviews information coming back from the field to ensure its accuracy
Communicates various store, distribution center or corporate incentive awards via reports, meetings, emails, online systems, etc.
Serves as a tactical SME on assigned programs and processes at a granular
Participates in compensation surveys, completing and maintaining job documentation and performing job analysis
Conducts job evaluation and reviews new and/or existing roles (i.e., ranking, factor comparison, points method, etc.)
Ensures compliance with all federal, state, and regulatory standards and laws governing the compensation programs
Works closely with other groups (Accounting, Finance, Employee & Corporate Communications, etc.) in order to ensure Lowe’s compensation strategy is executed seamlessly.
Ability to maintain confidentiality around all different types of personal employee information.