Sr. Compensation Analyst

Description

Assists in the development, implementation, and administration of compensation programs related to base salary, bonus/incentives or other awards. Evaluates salaried, hourly, middle management and various sales positions. Assesses the organization's competitive practice and position for specific programs that are large in scope or complexity across multiple client areas. Prepares reports, makes recommendations, and interprets policies/procedures with moderate to high complexity. Lead or participate in large scale or complex projects in areas such as job evaluation, pay programs, salary structures, compensation surveys and other compensation related initiatives.

Key Job Responsibilities:

* Assists in the development, implementation, and administration of compensation programs that are large in scope and/or complexity.

* Primary Compensation responsibilities for specific functional areas in North America Delivery (NAD) as it relates to job evaluations, salary recommendations, Compensation tickets (issue resolution), administration of compensation programs.

* Conduct analyses for external competitiveness and internal equity. Identify trends, draw conclusions on findings and influence business partners with actionable recommendations.

* Preparation of salary surveys, ad hoc compensation surveys and compilation of survey Market data for salaried and hourly positions.

* Participate in Compensation projects such as merit processes, market reviews, and long-range planning.

* Support the administration and communication of bonus/incentive programs. This includes prepping, calculating, uploading payouts, and reporting to senior leadership in an accurate and timely manner.

* Evaluate existing Compensation reporting and analysis. Leveraging tools such as macros and Power BI, recommend and implement improvements and efficiencies to make processes and analysis faster, more accurate, and easier to administer.

* Analyze Compensation ticket (issue resolution) patterns and recommend solutions to reduce quantity and improve programs effectiveness.

* Contacts are primarily with Compensation team, HR, and functional business partners in designing and managing effective compensation programs.

* Participate in salary survey process. Gather appropriate compensation data elements as required by each survey. Work with survey vendors to ensure appropriate data submission.

Key Performance Indicators:

* Able to conduct compensation analysis (moderate to high complexity) for external market competitiveness and internal equity

* Able to level a job (up to Director) via Staples Job Evaluation process

* Able to prepare a compensation recommendation in Excel and/or PowerPoint

Qualifications

Education/Experience Equivalent:

* Bachelor Degree and 2 to 3 years as a compensation analyst (or equivalent)

Professional Certifications / Licenses:

* CCP (preferred)

* Power BI (preferred)

Professional Knowledge/Experience:

* Ideally, Excel knowledge with the capability to develop complex formulas to identify root causes or data patterns and improve operational efficiency. Access knowledge a plus.

Other Skills:

* Good business acumen

* Must have excellent attention to detail

* Intellectual curiosity related to different business challenges and opportunities

* Excellent communication skills with mgmt. Ability to build relationships with business partners and assess needs of the business

* Inter-personal communications in a team environment

* Strong understanding of statistics

* Deep interest in analyzing data and ability to see beyond the numbers to drive sound decision-making

* Solutions are client service-oriented, with an emphasis on creativity and diligence

Staples is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, disability, or any other basis protected by federal, state, or local law.

Staples

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