Compensation Analyst
Q2 is seeking a Compensation Analyst to conduct market and equity analysis, monitor market trends and data, develop compensation strategies, communicate and provide recommendations to the management and HR teams, be involved in annual compensation review, as well as support various strategic compensation management projects.
RESPONSIBILITIES:
- Participate in compensation surveys, perform survey job matching, and conduct ad-hoc benchmarking and market research as needed
- Support education of management on proper understanding of salary surveys
- Support analysis of job ranges/levels and provide tools to benchmark internal employees and new hires against data; create and maintain common job titles and compensation levels across the organization
- Conduct job analyses to determine appropriate salary levels and advise management on compensation actions
- Help support annual review process, as well as any out of cycle increase proposals; provide necessary compensation tools to support merit/bonus recommendations and analysis of the results of the process
- Consult and advise HR regarding compensation policy interpretation, new hire offers, promotions, market analysis, job evaluation, and other compensation projects and initiatives
- Identify key compensation opportunities or areas of concern, analyze situations and develop recommendations to address issues; analyze current organization pay practices and make recommendations for changes to ensure equity and competitiveness
- Assist in developing sales incentive plans
- Work closely with Finance for firm understanding of the financial plans and any impact that sales compensation programs may have against revenue, profitability, etc.
- Work with Sales Operations, Finance and the Payroll teams to ensure data accuracy regarding sales compensation
- Lead compensation projects as needed
- Responsible for ensuring that all security, availability, confidentiality and privacy policies and controls are adhered to
EXPERIENCE AND KNOWLEDGE:
- Must have a minimum of 5 - 7 years of compensation analyst experience
- Must have a BA/BS in business, human resources or related field
- Ability to work with individuals at all levels of the organization and possess strong quantitative analytical and problem-solving skills
- Must be proficient in Microsoft Office (Power Point, Word, and Excel)
- Excellent communications skills, both verbal and written
- Sales Compensation experience a plus
- Knowledge of federal and state compensation-related laws
- Experience applying FLSA standards a plus
At Q2, our goal is to be a diverse and inclusive workforce that fosters mutual respect for our employees and the communities we serve. Q2 is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.