Compensation Analyst
Compensation Analyst
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Job Description
Position Summary:
We are seeking a detail-oriented analytical and collaborative professional to join our HR team as a Compensation Analyst. This role will own and oversee the full lifecycle of Meriplexs commission program from design and documentation to monthly calculations reporting and communication. This person will partner cross-functionally to ensure our commission plans are competitive clear compliant and aligned with business objectives.
Key Responsibilities:
- Lead the annual redesign and enhancement of commission plans to align with and evolving business goals market competitiveness and performance drivers.
- Partner with stakeholders to shape plan structure KPIs payout model and eligibility rules.
- Model and analyze proposed plan changes to assess financial impact alignment with performance and potential risks or unintended consequences.
- Create and maintain accurate transparent and legally compliance commission plan documentation.
- Ensure all eligible employees receive and sign off on commission plan documents in a timely manner.
- Develop and maintain a clear audit trail for all commission-related changes and calculations.
- Monitor compliance with plan terms and escalate discrepancies or concerns.
- Own the end-to-end monthly commission calculation process ensuring accuracy timeliness and consistency.
- Provide accurate reports and summaries to payroll for processing payouts.
- Serve as the primary point of contact for all commission-related inquiries.
- Provide clear practice communications about plan mechanics earning expectations and updates.
- Analyze trends in commission payouts performance metrics and plan effectiveness.
- Identify opportunities to simplify or enhance commission processes tooling or systems.
Qualifications:
- 3-5 years of experience in compensation finance or a related field ideally with direct ownership of commission plans.
- Strong analytical skills
- Experience with HRIS CRM (i.e. Salesforce) and commission tracking tools
- Excellent attention to detail with a commitment to accuracy and integrity
Knowledge of compensation compliance practices preferred
Physical Demands:
Sedentary Work Exerts up to 50 pounds of force occasionally a negligible amount of force frequently and/or constantly having to lift carry push pull or otherwise move objects including the human body. Sedentary work involves sitting most of the time.
Disclaimer:
The above information in this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties responsibilities and qualifications required of employees assigned to this job.
Required Experience:
IC
Employment Type
Full-Time
