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Compensation Analyst

SMI Schnuck Markets
Full-time
On-site
United States
Compensation Analyst

Job Description

JOB SUMMARY

The Compensation Analyst is responsible for supporting the design, implementation, and management of Schnucks’ broad base compensation, incentive plans, and paid time off programs to align with the company’s business and talent strategies.

This role requires 4 days in office for up to 6 months to learn the role and then will be able to shift to 3 days a week in office and 2 days remote. This role is located in St Louis, Missouri. ​

ESSENTIAL JOB RESPONSIBILITIES

  • Supports the continued implementation of compensation strategies that support the organization's business objectives, market competitiveness and employee engagement

  • Leads compensation related projects, such as annual salary reviews, short-term incentives, compensation audits, implementation of new compensation initiatives.

  • Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Prepares analysis of company’s competitive position

  • Reviews proposed salary adjustments for conformance to established guidelines and recommends corrective or alternative actions to resolve compensation-related problems

  • Audits job content and assists with preparation of job descriptions. Evaluates new job roles and develops job profiles as require

  • Maintains and updates salary structures to ensure they remain competitive and equitable

  • Analyze compensation data and trends to provide insights and recommendations for informed decision making. Serve as a resource for compensation matters, providing guidance and recommendations to peers and leadership.

  • Partners with HR colleagues and People Leaders to educate and advise on Schnucks compensation programs

  • Performs other duties as assigned

MINIMUM REQUIREMENTS

  • Required Education: Bachelor’s degree

  • Other Requirements: Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field. 3+ years of experience in compensation or total rewards.

  • Professional certifications or courses taken such as Certified Compensation Professional (CCP), SHRM-CP, PHR or similar, are a plus. Workday experience is a plus.

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

  • Demonstrated attention to detail, accuracy, and confidentiality.Skilled in utilizing Excel functions, formulas, and data analysis techniques to manipulate and interpret compensation data effectively.

  • Experience with compensation software, particularly Workday, including configuration, administration, and reporting.

  • Solid understanding of relevant federal, state, and local compensation laws, regulations, and compliance requirements.

  • Planning, execution, coordination, and organizational skills; proficient at independently prioritizing and multitasking to achieve results

  • Demonstrated ability to understand, interpret, and explain compensation best practices, policies, programs, and processes

  •  Analytical and problem-solving skills, with the ability to interpret data and provide recommendations.

  • Interpersonal and communication skills, with the ability to build relationships

  • Organizational and time management skills

  • Makes recommendations to management

FORMAL POLICY SETTING

  • Makes recommendations to management

PHYSICAL REQUIREMENT AND WORK ENVIRONMENT

  • Walking

    • Primarily sitting

  • Standing

    • Primarily sitting

  • Lifting

    • Up to 25 lbs

  • Travel

    • 0-25%

  • Work Environment

    • Occasional work beyond normal work time on work days.

  • The above statements describe the job’s essential responsibilities and requirements.  They are not an exhaustive list of the duties that may be assigned to job incumbents.

Additional Requirements – Internal Candidates:

  • Store/Facility Teammates: minimum of six months employment with Schnucks preferred.
  • Store Support Center Teammates: minimum of one year employment with Schnucks preferred.
  • Must be in good standing (not on a performance improvement plan or active discipline).
  • If invited for an interview, must have manager approval based on performance.

Schnucks is an Equal Opportunity Employer.