Senior Compensation Analyst

2 weeks ago

Manila, National Capital Region, Philippines TaskUs Full time

Position Overview & Objective

The role directly supports North America, Latin America and Europe. Recommends and helps the implementation, organization, administration, and maintenance of compensation plans, ensuring they are aligned and consistent with Compensation strategy and overall business objectives. Provides consultation and proficiency to business leaders and Human Resource Advocates and/or Business Partners on base pay administration and incentive compensation design to align with business strategy.

Primary Responsibilities

  • Align to and support in the compensation strategy and philosophy that drives compensation programs.
  • Participate in maintaining compensation processes like planning, analytics, and implementation of all compensation and job architecture activities in multiple countries in North America, Latin America and Europe.
  • Create analyses and develop design recommendations for a variety of compensation programs, budgets, and tools, which may include base pay structures, annual merit programs, and short- and long-term incentive plans.
  • Plan and administer the execution of limited or recurring project plans in support of new compensation initiatives to ensure successful execution and timely completion, which includes comprehensive change management.
  • Support in developing and maintaining company's job architecture. Work with leaders and partners to evaluate new or changing roles and create the associated job codes in the system. Maintain the data integrity of the job catalog and/or library.
  • Participate in compensation market data surveys to collect and analyze competitive salary information to determine company's competitive position.
  • Support compensation team on bonus plan administration and other duties as assigned.
  • Support annual merit planning and focal promotion processes with business clients.
  • Collaborate with Corporate Applications and HRIS group to maintain data integrity and reporting analytics.
  • Develop and analyze base pay market data positioning and pay ranges to ensure market competitiveness and support of overall compensation strategy.
  • Develop an Associate Compensation Pay Package database for all countries being supported, and/or as applicable.
  • Work with People Advocates/HR Business Partners to research internal client compensation issues and respond to requests in a timely manner.
  • Engage business leaders and HR Business Partners to review proposed design on different pay for performance programs, policies and procedures.

Basic Qualifications

  • Ability to assess processes and make recommendations for improvement
  • Ability to provide guidance to junior employees in the areas of compensation and analytical processes
  • General knowledge of employment law and other areas of HR
  • Previous experience executing compensation programs for global client groups coupled with a strong understanding of how they, and other initiatives, may impact various areas of the People organization
  • Strong attention to detail and a high level of accuracy
  • Intermediate to Advance Excel skills and comfort with formulas with increasing complexity
  • Solid written and verbal communication relationship building skills; enjoys working with highly collaborative teams
  • Ability to prioritize and work on multiple requests
  • Solid time management and organizational skills

Preferred Qualifications

  • 5+ years of experience handling compensation strategy and programs in North America, Latin America & Europe
  • Experience in BPO Industry is a plus
  • Demonstrate strong analytical skills and critical thinking to conduct complex analyses and provide recommendation
  • Willingness to work in a night or graveyard shift to support North America, Latin America and Europe

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