Analyst, Compensation

Central Team Support Vancouver, Washington


Description

Summary and Qualifications:

Responsible for timely and accurate execution of compensation processes including job evaluation, benchmarking, surveys, pay structures, merit, AVP, compensation statements, audits, analysis, governance, etc.

Ensure efficiency, relevance, effectiveness and regulatory compliance of compensation processes, provide market trends, insights and position-to-market analysis for assigned areas of responsibility, as well as working with the Manager Compensation Business Partners on projects.

Essential Responsibilities and Tasks:


  • Live and exemplify the Five Principles of Mars, Inc. within self and team.

  • Establish, plan and deliver key annual compensation processes including, but not limited to, pay structure development, the merit Increase cycle and incentive plan development and payout with appropriate governance.

  • Perform in-depth analysis to create annual merit matrices, position-to-market reports and actions, appropriate levels of geographic differentials, and reports on market trends.

  • Perform periodic audits of internal compensation data as needed.

  • Partner with People & Organization (P&O) Analytics team to provide relevant information and recommendations to People & Organization (P&O) and the business.

  • Manage job evaluation activities via internal tracking processes and in accordance with Mars Job and Pay Framework philosophy to determine the appropriate job address (Function, Family and Level) and pay range.

  • Participate in external surveys and conduct market analysis (benchmarking) to establish competitive pay in alignment with our pay philosophy and determine appropriate individual total compensation for associates.

  • Manage systems used in annual compensation processes ensuring the necessary data is set-up, stored, and maintained correctly for the Compensation Team to leverage.

  • Participate in compensation projects as required, which may include design of new and/or revised rewards programs, guidelines, and policies.

  • Provide effective support and service to our internal People & Organization (P&O) Generalist community; develop and deliver compensation tools, training and communication for People & Organization (P&O) and line managers.

  • Liaise with other teams such as HRIS, Payroll, Benefits, TA and Associate Relations, as needed.

  • Other job duties as assigned.

Special Working Conditions:

  • Ability to work at a computer for long periods of time.

  • Project timelines and work volume / deadlines may often require more than 40 hours per week to complete essential duties of this job.

  • Must have mental processes for reasoning, remembering, mathematics and language ability (reading, writing, and speaking the English language) to perform the duties proficiently.

  • Ability to carry out instructions furnished in written, oral, or diagram form and to solve problems involving several variables.

  • Ability to stand, walk, stoop, kneel, crouch, and climb as well as manipulate (lift, carry, move) up to 50 pounds.

  • Requires good hand-eye coordination, arm-hand-finger dexterity with the ability to grasp, and visual acuity to use a keyboard and operate necessary equipment.

  • The noise level in the work environment is normally moderate.

  • Environment where pets are present.



Experience, Education and/or Training:

  • Bachelor's degree in Human Resources, Business, Finance is preferred.

  • Five years relevant experience in compensation is required.

  • Advanced proficiency in the MS Office Suite, specifically Excel, PowerPoint, and Word are required.

  • Excellent analytical and quantitative skills is required.

  • Comfortable working with statistical techniques, such as regression analysis is required.

  • Excellent written and verbal communication skills to present complex concepts and technical issues is required.

  • Experience with Oracle HRIS and Compensation administration systems is preferred.

  • Understanding of job classification and employment law is preferred.

  • Compensation certification such as CCP is preferred.

  • Knowledge of external survey sources and tools is preferred.

  • Experience working with the Mars Job and Pay Framework is preferred.

  • Health care background (veterinary or human healthcare, pharmaceutical, etc.). is preferred.


WE ARE A DRUG-FREE, SMOKE-FREE, EQUAL OPPORTUNITY EMPLOYER.

Banfield Pet Hospital strongly supports and values the uniqueness of all individuals and promotes a work environment where diversity is embraced. Banfield Pet Hospital is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, genetic information, status as a protected veteran, or status as a qualified individual with disability. Banfield Pet Hospital complies with all applicable federal, state and local laws governing nondiscrimination in employment in every Banfield location.