Job Description
Reporting to the Associate Director of People Analytics, HRIS & Reward, the Compensation Analyst will be responsible for administering compensation programs, analyzing compensation data, identifying technology-driven solutions to optimize processes and workflows, and conducting market research to ensure that our compensation practices are competitive and aligned with our philosophy.
Essential Functions & Key Role Responsibilities
Develop and maintain compensation structures, including salary ranges, geo pay differentials, and job classifications
Assist in the administration and development of incentive and bonus programs
Manage annual raise forecast and salary model for 1,000+ employees
Collaborate with HR, Finance, and National Professional Resource Operations (NPRO) to create, enhance and implement compensation policies and procedures
Provide guidance and support to HR, Finance, and NPRO on compensation-related matters
Evaluate and analyze job descriptions to ensure accurate and consistent job leveling and titling
Conduct market research and analysis to determine competitive total compensation rates and trends
Participate in compensation surveys and analyze survey data to benchmark compensation practices
Monitor and evaluate the effectiveness of compensation programs and make recommendations for improvements
Prepare and present ad hoc compensation analysis and recommendations
Support National Recruiting Operations (NRO) with position-specific compensation ranges and benchmarks during the recruiting cycle
Utilize Workday HCM compensation features to manage and configure compensation elements such as grades, packages, plans, and eligibility rules
Generate total rewards statements and provide insights into total compensation for managers and employees
Work with IT to build Workday reports and configure dashboards to ensure pay equity and fair compensation practices in line with business objectives
Work with the Legal and Finance teams to ensure compliance with all federal, state, and local compensation laws and regulations
Supervisory Responsibility
This position does not have any Supervisory Responsibilities.
Required Qualifications
Bachelor's degree from an accredited institution in relevant fields of study, such as Human Resources, Business Administration, or Finance
3-5 years of experience in compensation analysis or a related field
Strong analytical and quantitative skills
Proficiency in Microsoft Excel and other data analysis tools
Excellent communication and presentation skills
Strong interpersonal skills and ability to build relationships and influence stakeholders
Strong attention to detail and organizational skills
Effective project management skills, including the ability to manage multiple priorities and deadlines
Ability to work independently and as part of a team
Familiarity with HRIS and compensation management software
Knowledge of federal, state, and local compensation laws and regulations
Ability to work 9-10 hours per day (or an average of 45 to 50 hours per week) consistently throughout the year
Availability to occasionally work nights and weekends
Strong values aligned with our Culture (Fairness, Honesty, Trustworthy, Respectful, Flexible, Strong Work Ethic)
Ability to work in a fast-paced, high-demand, entrepreneurial environment with a high energy level
Ability to work in a collaborative environment with demanding and high-quality expectations
Team player with a strong desire to be an active, long-term participant in the overall growth of the Firm
Strong intangibles aligning with Siegfried’s High Performance Model®
Minimum of 10% of travel required
Must live within the contiguous U.S.
Must live proximate to Siegfried office and have the ability and willingness to work in a Siegfried office as required for an average of four days per week in accordance with Siegfried’s then current policy. (This requirement is subject to change at the discretion of management)
Location
You must be commutable to one of the following office locations: Philadelphia, PA; Wilmington, DE; or Boston, MA.
FLSA/At-Will Employment
This position is an exempt position under FLSA
This position is and will remain at-will in nature
Company Overview
Siegfried is a unique career choice, and we invest deeply in our people and believe in their potential. We have an exclusive group of talented professionals who are all ambitiously committed to continuous growth, personally and professionally. Our client-facing Professionals are helping the best people at the best companies with their most important work and transforming themselves along the way. And our Operations team is thoughtfully working on the business and helping grow our Firm with purpose. The investment and expectations of a career at Siegfried are high, because the reward of what we offer is high. We value and acknowledge the hard work of our employees in many ways, including competitive base salaries, energizing incentive compensation plans, career enhancement opportunities, and our hallmark MY Journey® program. Additionally, we offer a comprehensive benefits package that encompasses a wide range of offerings, including robust healthcare coverage, dental and vision plans, generous paid vacation and sick time allowances, paid holidays, a 401k plan with employer match to support your financial goals, a profit-sharing program that allows you to share in the success of our organization, and unique allowances that nurture your physical, emotional, and spiritual well-being.