Analyst, Compensation

Job description

Analyst, Compensation LOCATION: Acuna / Mexico | COMPANY: [[legalEntity_obj]] | REQUISITION ID: 11357 | Full-time | Regular | ON-SITE/REMOTE: On-site Compensation Analyst Summary of role: The Compensation Analyst is responsible for researching, evaluating, and administering employee compensation programs. This includes conducting job evaluations, participating in salary surveys, and supporting benchmarking studies. The analyst collaborates with HR, management, and sometimes external consultants to ensure the organization’s pay practices are competitive and internally equitable. Key Responsibilities Salary Structure Design: Support the design, implementation, and maintenance of salary structures and pay grades according to corpoprate guidelines. Ensures consistency and compliance with the organization’s compensation philosophy and legal requirements. Compensation Program Administration: Administers merit increases, bonuses, and incentive programs. Collaborates with HR and management to manage annual salary review processes. Job Evaluation and Classification: Reviews job descriptions and conducts job evaluations to determine appropriate classification and grade level in allignment with global C&B . Recommends salary ranges based on internal equity and external market data. Data Analysis and Reporting: Utilizes HRIS and compensation management systems to generate reports and analyze compensation trends. Provides actionable insights and recommendations to leadership based on data analysis. Regulatory Compliance: Monitors and ensures compliance with federal, state, and local compensation regulations (such as FLSA, EEO, and pay equity laws). Stays updated on changes in legislation that may impact compensation practices. Communication and Training: Assists in the development of communication materials to explain compensation programs to employees and managers. May conduct training sessions or workshops to educate stakeholders about compensation policies and best practices. Special Projects: Supports HR and business leaders on special projects, including acquisitions, reorganizations, and compensation-related research initiatives. Provides regional support for the 401(k) retirement plan and Canadian Pension Plans, assisting with plan administration tasks, employee inquiries, and coordinating with plan vendors and internal stakeholders. Compliance & Reporting for Retirement Plans: Supports annual and ad-hoc reporting needs, audits, and data requests to ensure accurate contributions, compliance with ERISA and IRS requirements, and timely resolution of issues. Required Skills and Qualifications Education: Bachelor’s degree in Human Resources, Business Administration, Finance, Economics, Statistics, or a related field. Advanced degrees or certifications (such as CCP – Certified Compensation Professional) are a plus. Experience: Typically 2-5 years of experience in compensation analysis, data analytics, or a related human resources role. Analytical Skills: Strong quantitative and analytical skills, with the ability to interpret complex data and translate findings into business recommendations. Technical Proficiency: Proficient in Microsoft Excel and HRIS/compensation management systems; experience with data visualization and analytics software is advantageous. Attention to Detail: High level of accuracy and attention to detail when working with sensitive data and creating reports. Communication Skills: Excellent written and verbal communication skills, with the ability to present data and recommendations to diverse audiences. Project Management: Able to manage multiple projects simultaneously and meet deadlines in a fast-paced, dynamic environment. Confidentiality: Demonstrates discretion and maintains confidentiality when handling sensitive employee and organizational information. Teamwork: Collaborative attitude with the ability to work effectively across functions and with various levels of management. Key Competencies Business Acumen: Understands the organization’s strategic objectives and how compensation supports these goals. Continuous Learning: Committed to staying current on compensation trends, regulatory changes, and industry best practices. Problem-Solving: Proactive in identifying compensation-related issues and recommending effective solutions. Customer Focus: Responsive to employee and manager inquiries and delivers excellent internal customer service. Work Environment: Office Reports to: Regional Compensation Director Come and join our team in Schwieberdingen! Who are we? Some 32,000 team players around the world, hard at work in over 100 locations across more than 30 countries. As a force for progress on road and rail, we prioritize technical excellence, sustainable business practices and social responsibility. At the last count, our global revenues totaled EUR 7.9 billion. Responsibility and variety are hallmarks of the work you’ll be doing in an international environment with attractive working conditions – including flexible working hours, sabbaticals and remote work. In addition, you can work up to twenty days a year from abroad in the EU. A broad selection of continuing education programs offers you plenty of opportunities to develop both professionally and personally. And you can look forward to many other benefits, such as paid vacations and end-of-year bonuses, an in-house cafeteria, sports and healthcare programs, corporate volunteering, BusinessBike bicycle leasing and so much more. Come and experience the inspiring team spirit that energizes our international development network. Let’s shape the future of mobility together!