| Overview:
The Compensation Analyst is responsible for understanding Hypertherm's global organization and supporting leaders in designing compensation structures to support team and company objectives. This position works very closely with all levels of Team Leaders, Recruitment, HR systems and Organizational Learning in order to provide the appropriate compensation needs of the organization.
Responsibilities:
1. Identify the appropriate source, gather salary benchmarking information and analyze data while working with global leaders in order to determine appropriate salary ranges. Design compensation programs to support associate growth and company performance objectives. Participate in salary surveys and match Hypertherm job information to appropriate survey positions. Maintain and organize benchmarking data in order to communicate current status in comparison to the market.
2. Administer and maintain current salary management programs to ensure external competitiveness and internal equity. Review company data in order to comply with legal requirements as it relates to FLSA, Equal Pay and non-discriminatory compensation practices.
3. Work with Hypertherm leaders in writing job descriptions. Analyzing jobs through proven task analysis and interviews to ensure comprehensive job documentation.
4. Administer global quarterly and monthly sales incentive programs in order to comply with the program criteria and structure.
5. While working closely with Comp and Benefits team, identify and implement improvements to the Performance and Salary Management processes while optimizing the systems in order to do so.
6. Work with Recruitment in order to create competitive new hire packages and identify trends in market salary data.
7. Provide analytical support for comp, benefits, systems, payroll or budget related matters on an as needed basis.
Qualifications:
Required:
Bachelor's degree
3-5 years of professional human resources experience
1-2 years in compensation.
Demonstrated success in project management
Proven organizational and problem solving skills
Demonstrated ability to prioritize multiple tasks while maintaining timeliness and accuracy
Demonstrated ability to meet goals while working under general supervision
Excellent oral and written communication skills and must have the ability to discreetly handle sensitive information
Ability to influence and implement HR initiatives, streamline/enhance processes, and drive projects to completion
Team player with demonstrated ability to collaborate with leaders/customers
Proven ability to establish and maintain positive, effective relationships with leaders/associates at all levels, vendors and other external partners
Fundamental knowledge of HR related laws and regulations
Preferred:
Experience in manufacturing or engineering environment.
Certified Compensation Professional (CCP) from World at Work or
PRH, SPHR or GPHR certification.
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