Job Opportunities Sr Compensation Analyst

Schindler Elevator•Morristown, NJ

About The Position

The Sr Compensation Analyst supports the Compensation team with analytics, metrics, reporting, and project assistance. As an integral member of the Total Rewards team, this role applies compensation analytics knowledge and experience while learning and contributing in a fast-paced, dynamic environment.

Requirements

  • Bachelor’s degree.
  • At least 5 years of progressive experience in compensation analysis and administration.
  • Strong analytical and presentation skills.
  • Advanced Microsoft Excel skills.
  • Power BI experience.

Nice To Haves

  • Experience with SuccessFactors HRIS.
  • Exposure to variable compensation programs.

Responsibilities

  • Create, periodically update, and run data and customized tracking reports using the HRIS system and internal and external vendor databases.
  • Assist with data collection and processing of quarterly commission and incentive payments for Field and Non-Field employees.
  • Manage survey requirements and track costs to support KPI reporting, including compensation costs, retention rate, employee satisfaction, and labor costs.
  • Manage the quarterly incentive process for relevant positions, including validating HR data, collecting achievement results, reviewing payment quality, and processing payments to Payroll.
  • Provide analysis and customized Power BI reports on HR data, including turnover, headcount, special projects, and audit requests.
  • Collaborate with the team and other cross-business functions during annual compensation planning to support accurate data and successful completion of the merit and bonus process.
  • Participate in initiatives to ensure HR data integrity through validation and cleanup.
  • Support ad hoc compensation analyses, reporting requests, and projects as needed.

Benefits

  • Fully vested 401(k) match of up to 7% of total eligible compensation.
  • Medical, dental, and vision plans effective from the first day of hire.
  • Three weeks of vacation, increasing with tenure; seven sick days; three floating holidays; and eight company-observed holidays.
  • Tuition reimbursement after six months of service.
  • Parental leave at 100% base pay for six consecutive weeks within the first year of a child’s birth or adoption.
  • Development opportunities for professional and leadership growth.
  • Annual performance-based bonus eligibility.
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