Adecco
Senior Compensation Analyst
Job Location
Job Description
** On-Site ONLY** Position is located in Tysons, VA.
Senior Compensation Analyst | Job Summary:
The Senior Compensation Analyst is responsible for designing, implementing, and managing the company’s compensation programs, ensuring alignment with organizational objectives and market competitiveness. This role requires advanced analytical skills to evaluate complex compensation structures, conduct in-depth market analyses, and develop strategies that attract and retain top talent. The Senior Compensation Analyst serves as a subject matter expert and works closely with HR leadership, finance, and senior management to ensure fair, equitable, and competitive compensation practices.
Key Responsibilities:
- Compensation Strategy & Program Design:
- Lead the development and implementation of competitive compensation programs, including base pay, incentive programs, and long-term equity plans.
- Analyze compensation programs and recommend enhancements or adjustments to ensure competitiveness in the market.
- Collaborate with senior leadership to create strategies for executive compensation, merit increases, and incentive plans.
- Market Research & Benchmarking:
- Conduct complex market analysis and industry benchmarking studies to assess compensation trends, best practices, and emerging market conditions, including industry benchmarking for roles outside of the continental United States.
- Use industry salary surveys and proprietary data to recommend adjustments to the company’s compensation structure.
- Provide insights into compensation trends and their impact on the organization’s ability to attract and retain talent.
- Job Evaluation & Pay Grading:
- Lead the job evaluation process, including analyzing and assigning pay grades for new and existing positions.
- Oversee the maintenance of job descriptions to ensure they accurately reflect job duties and responsibilities.
- Provide guidance to HR and business leaders on job leveling and internal equity practices.
- Compliance & Legal Adherence:
- Ensure all compensation programs comply with federal, state, and local laws, including FLSA, Equal Pay Act, and other relevant regulations.
- Monitor the effectiveness of compensation policies and procedures, conducting regular audits and making recommendations for improvements.
- Collaboration & Stakeholder Communication:
- Serve as a trusted advisor to HR, finance, and business leaders on compensation-related issues.
- Partner with the business leaders to address compensation issues during performance reviews, job evaluations, and promotions.
- Lead the communication of compensation programs and changes to senior leadership and employees.
- Data Analysis & Reporting:
- Develop and analyze compensation reports, ensuring data accuracy and making recommendations based on findings.
- Manage compensation modeling and forecasting to support budget planning and financial analysis.
- Provide regular reports to senior management on compensation trends, pay equity, and other related metrics.
- Mentorship & Leadership:
- Mentor and provide guidance to junior compensation analysts, sharing expertise and best practices.
- Lead or participate in cross-functional teams to support HR projects and initiatives related to compensation.
Qualifications:
- Education: Bachelor’s degree in human resources, finance, or related field required.
- Professional certification in compensation (CCP, CEP, or SHRM-SCP) preferred.
- Experience: 5+ years of progressive experience in compensation analysis or related HR roles, with demonstrated expertise in market analysis, job evaluation, and compensation strategy.
- Experience working with executive compensation, equity programs, and incentive plan design is highly preferred.
- Familiarity with compensation software, HRIS systems, and advanced Excel skills.
- Skills: Advanced analytical and quantitative skills, with the ability to interpret complex data sets and provide actionable insights.
- Strong understanding of compensation principles, including pay structures, market analysis, and regulatory compliance.
- Exceptional communication skills, with the ability to present complex compensation concepts to executives and non-HR professionals.
- Strong project management skills, with the ability to handle multiple tasks and meet tight deadlines.
- Ability to influence and build strong relationships with senior stakeholders.
- Ability to maintain integrity and discretion
Benefits:
Medical, Vision, Dental
401K with company match
Generous PTO
Commuter Benefits
Salary: 85K-110K
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
*The California Fair Chance Act
*Los Angeles City Fair Chance Ordinance
*Los Angeles County Fair Chance Ordinance for Employers
*San Francisco Fair Chance Ordinance
Equal Opportunity Employer/Veterans/Disabled
Adecco will consider qualified applicants with arrest and conviction records for employment
To read our Candidate Privacy Information Statement, which explains how we will use your information, please visit http://www.adeccousa.com/candidate-privacy/
Location: Tysons Corner, VA, US
Posted Date: 12/1/2024
Contact Information
Contact | Human Resources Adecco |
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