Job Title:
Compensation Analyst

Company: The Children's Place

Location: secaucus, NJ

Created: 2024-04-20

Job Type: Full Time

Job Description:

Job Profile SummaryThe Compensation Analyst will be responsible for administering compensation policies and programs including base pay, job evaluation, and annual incentive programs. This position is responsible for building strong working relationships with HR Business Partners and management to ensure that business needs are identified and met.Job DescriptionKey Accountabilities:Perform job evaluations using market pricing and other methods for all levels of employees (executive and non-executive), analyze compensation benchmark data, and make recommendationsParticipate in salary surveys and analyze results in order to assess competitiveness of total compensation and market trendsCreate and review job descriptions to document accurate FLSA classification, title, essential functions, qualifications, and physical and environmental requirementsAdminister monthly Store Incentive Programs; ensure that pay data is accurate and processed within the assigned deadlinesAdminister the annual compensation process utilizing Workday Advanced Compensation (maintaining budget, salary increases, and annual incentive plans) and work with HRIS and Finance to administer the processEnsure effective and timely communication of salary increases and incentive programs, including the preparation and distribution of communication materialsMonitor federal, state, and local compensation laws and regulations in order to ensure company compliancePrepare compensation related analyses, presentation materials, reports, etc.Partner with peers in Human Resources and other departments to provide appropriate guidance regarding pay decisions, policies, and guideline interpretation and job evaluationBuild and maintain strong and effective working relationships with management, HR Business Partners, and corporate functionsEducation and Experience:Bachelor's degree; CCP designation preferred3+ years of compensation experienceExperience in administering base and variable compensation programsExperience with Workday and report writingSkills and Behaviors:Workday Skills: HCM, Compensation, Report Writing; EIB skills a plus Advanced Excel, Word, and PowerPoint skills; Access skills a plusExcellent math and analytical skillsExcellent verbal and written communicationsAttention to detail, strong organizational skills, and ability to work in a fast-paced environmentAbility to work independently under general direction