Compensation Analyst

Position Overview

The Compensation Analyst will participate in the development, implementation and administration of the company’s compensation programs.  The Compensation Analyst will be responsible for benchmarking the company’s positions, assisting in the year end merit planning process and administering incentive plans.

Key Job Responsibilities

Compensation Administration

• Administer Encore’s compensation philosophy, policies, processes and programs.  Ensure accurate and complete job descriptions for all company positions.  

• Conduct job analyses to determine appropriate salary levels and provide recommendations to management and HR Business Partners.  

• Review proposals for new and revised classifications to determine salary grade assignment while serving as the COE within the HRIS system. 

• Audit evaluation of positions and application of FLSA classifications to individuals.  Recommend alternate actions to resolve compensation related issues.  

• Work within the HRIS reporting tool and with other business leaders to provide occasional incentive compensation, bonus plans or sales compensation analytics.  

• Participate in compensation surveys conducted by reputable compensation organizations.

Incentive Plan Administration

• Assist in developing new incentive plans, updating existing incentive plans, ensuring plan accuracy and distributing plan documents to plan participants. 

• Responsible for the administration of the company’s incentive plans, which include utilizing the HRIS to determine and provide participant eligibility lists to Finance, working with payroll to ensure incentives are paid timely, distributing incentive payments to plan participants and answering questions regarding incentive calculations and eligibility.

Company Support

• Educate Human Resources, Management and Associates about compensation philosophy and programs. 

• Answer general questions, interpret policies, and share market best practice information as appropriate. 

• Protect company proprietary and maintain confidential information at all times.

Job Qualifications

• Bachelors Degree or equivalent experience required

• Minimum 3-4 years of compensation experience

• Excellent verbal/written communications and customer service skills 

• Demonstrated proficiency with Microsoft Excel and HRIS (UltiPro) software

• Working knowledge of Microsoft Word 

• Demonstrated aptitude for statistical analysis, spreadsheets manipulation and database management

• Ability work in a fast paced environment and balance multiple projects and deadlines

Competencies

• Deliver World Class Service (Hospitality, Ownership)

• Do the Right Thing (Demonstrates Self-Awareness)

• Drive Results (Ensures Accountability

• See the Big Picture (Decision Quality, Achieves Goals)

• Value People (Collaborates)

Work Environment

Work is generally performed at an office that is moderately quiet.  Team members will occasionally visit other work locations for meetings or for other business reasons. Working times will include days and may include evenings, weekends and holidays.  Team members must adhere to appearance guidelines as defined by Encore.

#INDCORP

#LI-EL