Sr Compensation Analyst

Peabody•Saint Louis, MO

29d•$96,000 - $118,000•Hybrid

About The Position

We are currently seeking a Sr Compensation Analyst at our corporate headquarters in St. Louis, MO. The Sr Compensation Analyst will assist with the administration and design of the company's compensation programs to support our strategic priorities which will include merit planning, bonuses, and equity administration.

Requirements

Bachelor's degree in Accounting, Business, Finance or a related field required
Advanced proficiency in Microsoft Office Suite, including Excel, Word and PowerPoint
Three to five years of relevant work experience in a corporate environment preferred
Knowledge of compensation plan design, including incentive design
Strong analytical and math skills
Excellent attention to detail to identify incorrect data or information
Ability to work with and maintain highly confidential information
Strong consulting and negotiation skills
Excellent organizational and time management skills with demonstrated ability to prioritize work assignments
Excellent oral and written communication skills
Ability to work independently and collaboratively with other team members and departments
Ability to accurately define problems, collect and analyze data, establish facts and draw valid conclusions to solve issues
Must have the ability to perform office-related tasks which may include prolonged sitting or standing
Must have the ability to move from place to place within an office environment
Must be able to use a computer
Must have the ability to communicate effectively
Some positions may require occasional repetitive motion or movements of the wrists, hands, and/or fingers

Nice To Haves

Experience in broad-based compensation, including incentive compensation, preferred
Experience with market compensation software (i.e. MarketPay, Mercer IPE) a plus
Experience with compensation survey software a plus
Certified Compensation Professional designation a plus

Responsibilities

Working with Line Management to build and implement compensation solutions in line with business needs
Provide recommendations and solutions covering specific areas of compensation, including salary planning, market analysis, job design, variable pay planning, vendor relationship management and other services
Provide interpretation and counsel to Line Management regarding compensation policies, programs and practices
Serve as a strategic advisor to internal stakeholders by leveraging strong consulting and negotiation skills to influence compensation decisions and drive alignment with business objectives
Build and maintain effective relationships across departments to ensure successful implementation of compensation strategies
Conduct analysis of jobs to evaluate and recommend adjustments required to maintain internal equity, external competitiveness, and legal compliance of the organization's pay practices while maintaining optimal data integrity
Calculate metric-based incentive payments for salaried employees, communicate results, distribute statements and provide timely reporting
Conduct reviews of job levels, assesses, and makes determinations regarding requests for new job titles, and update job descriptions in conjunction with HR and management
Facilitate the annual company-wide merit process
Partner with Finance and accounting to ensure incentive plan accruals are accurate, updated quarterly/monthly, and reconciled in accordance with established procedures
Proactively monitor, analyzes and share findings of current market and regulatory trends related to compensation
Run monthly and quarterly compensation metrics for management reporting purposes