Sr. Compensation Analyst

AutozoneMemphis, TN

About The Position

Provides compensation analysis and consultative support to store support center, Supply Chain operations, and human resource management on pay programs and policies under limited general direction. Conducts job analyses and evaluates market data and pay practices. Develops salary increase budgets, incentive plan designs, and peer pay practices assessments. Prepares statistical analysis, data modeling, incentive pay programs, and costing of base pay. Analyzes internal pay equity, documents, and advises management on pay actions including merit increases, promotions, and external job offers. Researches, compiles, and analyzes market pay practice and wage/salary data to identify industry trends. Recommends changes to compensation policies and programs and prepares cost projections. Researches, analyzes, and evaluates market data and pay practices; participates in market surveys. Performs cost analyses for compensation and other related programs. Plans and organizes the Hay job evaluation program, including job analysis, job description development, grading, and systemic entry and accuracy of job/salary information. Conducts research and analyses to evaluate compensation plan performance and provide insight to business leaders on plan outcomes. Analyzes and evaluates job documentation and prepares job descriptions to support job evaluation, incentive plan design, recruitment, and performance management. Prepares and analyzes changes in wages and salaries for pay policy compliance. Contributes to the design, development, and implementation of compensation communication and training materials (e.g., incentive plan documentation, merit (RPM (Rewards Performance Management)) program communications, FLSA compliance training).

Requirements

  • 2+ years of relevant experience in the design, development, and administration of compensation programs, preferably in a large, multi-site global corporation.
  • Knowledge and understanding of compensation programs and philosophies.
  • Comfortable with MS Office programs, Excel, Word, PowerPoint.
  • Ability to analyze data and uncover insights.
  • Ability to communicate effectively, both verbally and in writing.

Nice To Haves

  • Retail experience preferred within a large, multi-site global corporation.
  • Bilingual (Spanish and/or Portuguese) considered a plus.
  • Bachelor’s degree in human resources, business, finance, or related field.
  • CCP preferred.

Responsibilities

  • Provides compensation analysis and consultative support to store support center, Supply Chain operations, and human resource management on pay programs and policies.
  • Conducts job analyses and evaluates market data and pay practices.
  • Develops salary increase budgets, incentive plan designs, and peer pay practices assessments.
  • Prepares statistical analysis, data modeling, incentive pay programs, and costing of base pay.
  • Analyzes internal pay equity, documents, and advises management on pay actions including merit increases, promotions, and external job offers.
  • Researches, compiles, and analyzes market pay practice and wage/salary data to identify industry trends.
  • Recommends changes to compensation policies and programs and prepares cost projections.
  • Researches, analyzes, and evaluates market data and pay practices; participates in market surveys.
  • Performs cost analyses for compensation and other related programs.
  • Plans and organizes the Hay job evaluation program, including job analysis, job description development, grading, and systemic entry and accuracy of job/salary information.
  • Conducts research and analyses to evaluate compensation plan performance and provide insight to business leaders on plan outcomes.
  • Analyzes and evaluates job documentation and prepares job descriptions to support job evaluation, incentive plan design, recruitment, and performance management.
  • Prepares and analyzes changes in wages and salaries for pay policy compliance.
  • Contributes to the design, development, and implementation of compensation communication and training materials.
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