Sr. Compensation Analyst
Sr. Compensation Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
The Sr. Compensation Analyst will play a pivotal role in the design implementation and maintenance of competitive equitable and business-aligned compensation programs and structures. Spanning across both HQ and Retail populations you will implement and administer compensation programs conduct in-depth analyses of compensation data and act as an SME partner for leaders and People & Culture Business Partners. This position requires a blend of analytical skills understanding of compensation principles and the ability to communicate complex information effectively and manage change within the organization.
What youll get to do:
Compensation Analysis and Pay Equity:
- Build implement and administer compensation programs including base pay structures job architecture incentive plans and recognition programs. Lead the job evaluation process including job classification job leveling and the development of job descriptions to ensure internal equity and consistency.
- Review job descriptions (JD) for new and existing roles to ensure the document reflects the intention behind the role. Work with the business to understand jobs edit JDs and pull market data. Demonstrate the ability to consider the broader department and team when reviewing JDs.
- Conduct comprehensive analyses of internal and external compensation data to evaluate the competitiveness of our compensation packages across various roles and levels. Participate in third party compensation surveys to obtain up-to-date market data.
- Manage different compensation structures across the business ability to understand work within and educate on various structures (i.e. Retail structure HQ structure international structures)
- Partner with the P&C BP and Talent Acquisition teams to set fair equitable consistent and competitive pay for open requisitions and review offers to candidates.
- Play a key role in the mid-year and merit process; work with P&C BPs to review merit proposals and promotions for pay equity and accuracy.
Compensation Governance & Process Improvement:
- Implement and refine compensation processes and procedures to drive efficiency accuracy and effectiveness leveraging technology and automation where possible. Change management.
- Stay informed around best practices in the fields of compensation benefits rewards performance management and related fields.
- Possess an understanding and maintain knowledge of all applicable federal state and local regulations and compliance requirements that impact pay programs including but not limited to FLSA EEO minimum wage and compensation disclosure regulations. Develop plans and recommendations to address any required changes.
- Partner with P&C leaders to understand regional compensation trends and issues and identify areas to address and/or localize. Partner with Compensation leadership on solves across the organization.
- Partner with cross functional P&C team on reporting and solutions for compensation related processes and data requirements. Analyze and interpret compensation data to generate insights and develop reports for leadership identifying trends areas of concern and opportunities for improvement.
- Participate in discussions and development of compensation strategies philosophies policies and the relevant education needed to support integration to the broader organization. Identify recommendations for change and improvement.
Retail Sales Commissions:
- Oversee the end-to-end process of calculating and distributing sales commissions and ensuring accuracy and timeliness of variable payouts.
- Collaborate closely with retail P&C partners and finance to ensure alignment on commissions plans and policies.
- Evaluate and drive continuous improvements on the commissions processes to enhance efficiency and accuracy.
Business Partnership & Education:
- Serve as a subject matter expert on compensation matters providing guidance and support to People & Culture Business Partners managers and employees on compensation-related inquiries and issues. Partner with P&C cross functional teams to connect compensation programs to all aspects of the Vuori employee experience.
- Educate leaders on compensation practices at Vuori. Support the P&C BPs in guiding managers through annual compensation processes as appropriate. Support leaders in building an in-depth understanding of pay equity and how it impacts pay decisions.
- Meet with business leaders and/or P&C BPs when conducting compensation analyses as needed work through job descriptions leveling decisions etc. Discuss options educate influence.
- Contribute to compensation projects and/or conduct analysis to support the business on data or modeling asks. Provide in-depth equitable and intentional options to determine optimal solutions
Qualifications :
Who you are:
- Bachelors degree in Human Resources Business Administration Finance or related field; or equivalent years of experience preferred.
- Retail industry experience is highly valued but not required.
- 5 years of experience in compensation analysis including job evaluation market pricing and program design. Consultancy experience is a plus.
- Proficiency in compensation benchmarking methodologies survey participation and data analysis techniques.
- Strong understanding of compensation laws regulations and compliance requirements.
- Advanced Excel skills and experience with HRIS systems (e.g. Workday SAP Oracle).
- Excellent analytical problem-solving and decision-making abilities.
- Exceptional communication and presentation skills with the ability to convey complex information clearly and concisely to a wide range of audiences.
- Proven ability to work independently manage multiple priorities and collaborate effectively with cross-functional teams.
Additional Information :
Our investment in you:
At Vuori were proud to offer the following to our employees:
- Health Insurance
- Savings and Retirement Plan
- Employee Assistance Program
- Generous Vuori Discount & Industry Perks
- Paid Time Off
- Wellness & Fitness benefits
The salary range for this role is $100900 per year - $129780 per year.
Vuori is proud to be an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex gender identity sexual orientation race color religion national origin disability protected Veteran status age or any other characteristic protected by law.
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
