Senior Compensation Analyst

Job description

Corporate: Light & Wonder’s corporate team is comprised of incredible talent that works across the enterprise, defying boundaries to provide essential services in an extraordinary manner to ensure the success of the organization and the well-being of employees. Position Summary Job Description This position, an IC role provides critical administrative support to the Compensation and Benefits (C&B) team to ensure smooth processing and administering of C&B programs & initiatives. Assist Compensation CoE in administering annual compensation programs and projects including merit increase, bonus/ variable payout, job evaluation, total rewards statements, etc. Act as a trusted advisor by partnering with Talent Acquisition and People Business Partners on compensation matters, conducting benchmarking analysis, and recommending compensation packages for new and existing roles. Assist in creating, applying, and maintaining market ranges by participating in and/or conducting salary surveys, perform survey job matching, and conduct ad-hoc benchmarking and market research as needed. Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action. May prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation or stock options. Reviews proposed salary adjustments for conformance to established guidelines, policies and practices. Assist in evaluating jobs, job descriptions and job architecture. Perform regular audits of the compensation data to verify accuracy and ensure consistent application of roles and market ranges. Actively conduct data analysis, data modeling and reporting; interpret results, present findings and recommend changes as needed. Actively contribute to building new reports, trackers, and databases related to compensation. Conduct market analysis to assess and update salary ranges. Perform financial modeling and cost analysis for current and proposed total rewards programs and initiatives. Accountable for all C&B data for India and support for APAC. Liaises between the vendor & internal stakeholders to ensure smooth operations. Prepares C&B reports and trackers with accurate and up-to-date information to enable decision-making at a regular cadence. Assists in benefits programs review and administration to align with the Company’s rewards philosophy and local legislative requirements. Tracks market intelligence/trends and conducts in-depth analysis to generate insights in an ongoing basis. Provides C&B advice on queries from business leaders and HR teams. Assists in ad hoc C&B projects and BAU and analysis globally and regionally as assigned. Support in administering the Reward & Recognition Program Ensuring on-time delivery of data and approvals by comp on WD. Experience, Skills & Knowledge Must have experience of 5+ years in handling compensation and benefits in prior roles. Must be familiar with standard concepts, practices, and procedures in the compensation field. Strong analytical and quantitative skills; Excellent attention to details. Excellent organization and time management skills. Work with moderate degree of supervision and autonomously within established procedures and practices. Self-motivated, team player with can do attitude. Exceptional skills in Microsoft Excel, data mining, report creation and power point. Prior workday experience. Ability to handle confidential and sensitive compensation and employee information with complete discretion. Advanced skills in Excel/Google Sheets and Tableau, PowerBI, or other analytics tools. Experience working for a global organization across multiple time zone Qualifications