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Senior Compensation Analyst

Iberdrola•Orange, CT
•$96,000 - $120,500•Onsite

About The Position

The Senior Compensation Analyst administers compensation programs and practices for specific business units. The role provides day-to-day compensation support and recommendations, including job evaluations, market analyses, salary survey participation, and compensation recommendations. The analyst may lead or assist with compensation projects and special initiatives, supports annual incentive and merit programs, and helps with regulatory compliance, audits, and rate cases. The position is based in the office in Orange, Connecticut, five days per week, and reports to the Director, Compensation.

Requirements

  • Bachelor's degree or equivalent combination of education and experience.
  • Minimum of 5 years of relevant experience.
  • Experience in job evaluation, market pricing, salary survey participation, and annual compensation cycles, including performance management, merit, and bonus.
  • Experience with Microsoft Excel, PowerPoint, Workday, SAP, or another ERP.
  • Strong analytical, problem-solving, and decision-making skills.
  • Strong data analysis and reporting skills.
  • Strong attention to detail.
  • Working knowledge of FLSA and other compensation-related laws and regulatory requirements.
  • Ability to build strong relationships with internal and external constituents and interact with all organizational levels.
  • Experience handling confidential or sensitive information.
  • Strong interpersonal skills and ability to communicate effectively through verbal, written, and electronic communication.

Nice To Haves

  • Compensation certificate.

Responsibilities

  • Collaborate with People Business Partners, Talent Acquisition, management, and employees to provide day-to-day compensation support and recommendations.
  • Analyze employee actions, including new hires, promotions, and reorganizations, and recommend salaries using external market data, internal organizational structure and equity, and other relevant factors.
  • Conduct job evaluations by comparing primary duties and minimum qualifications with external market data, regulatory requirements, internal grades, salary structures, and titling conventions.
  • Support administration of annual compensation programs, including annual incentives and merit.
  • Assist with regulatory compliance, audit requests, and rate cases.
  • Participate in salary surveys and maintain market data.
  • Adhere to effective internal controls.
  • Compile information from various sources for analysis and compensation recommendations; participate in market surveys and update compensation system data.
  • Complete market analyses and internal equity reviews, create summary statistics, and develop compensation recommendations for new hires and employees.
  • Collaborate with HR Business Partners, Talent Acquisition, managers, and employees to solve business problems.
  • Clearly communicate decisions, reasoning, and supporting analyses, while considering additional stakeholder information or perspectives.
  • Assist with administration of compensation programs, initiatives, and projects.

Benefits

  • Competitive benefits and growth opportunities.
  • Performance-based bonuses of up to 16%.
  • 12% 401(k) match.
  • Health, dental, and vision insurance.
  • Tuition reimbursement.
  • Professional development and career advancement pathways.

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