Senior Compensation Analyst
Apply locations United States Of America, Connecticut, Orange
Posted on: Posted Yesterday
Time left to apply: End Date: November 1, 2024 (15 days left to apply)
Job Requisition ID: R-09467
The base salary range for this position is dependent upon experience and location, ranging from $92,185 to $115,232.
JOB SUMMARY:
Responsible for the administration of compensation programs and practices for specific business units. Primary responsibilities include job evaluations, market analyses, survey participation, compensation recommendations, and may lead or assist with compensation projects or special initiatives. This position will also support performance management, incentive plan, and merit administration.
MAJOR ROLES AND RESPONSIBILITIES:
- Collaborate with HR Business Partners, Talent Acquisition, management, and employees to provide day-to-day compensation support and recommendations.
- Analyze and provide salary recommendations for various employee actions (new hire, promotions, reorganizations). Analysis includes review of external market data, internal organizational structure and equity, and other relevant factors.
- Conduct job evaluations, including comparison of primary duties and minimum qualifications as compared to external market data, regulatory requirements, and internal grade, salary structure, and titling conventions.
- Support compensation administration of annual programs such as performance management, annual incentive, and merit.
- Assist with regulatory compliance, audit requests, union negotiations, and rate cases.
- Participate in salary surveys and maintain market data.
- Adhere to effective internal controls.
Data reporting and compilation: This position utilizes information from various sources to compile data for analysis to provide various compensation recommendations. The role is responsible for market survey participation and compensation system data updates.
Compensation Analyses: Completes market analyses, internal equity reviews, and creates summary statistics. Develops new hire or employee compensation recommendations based on analysis.
Collaboration, Consultation, and HR partnership: Collaborates with HR Business Partners, Talent Acquisition, managers, and employees to solve business problems. Clearly communicate decisions, reasonings, and supporting analyses. Maintains flexibility to consider additional information or perspective from stakeholders that may change initial decisions.
Administer Compensation processes: Assist with the administration of compensation programs, initiatives, and projects.
JOB REQUIREMENTS:
Education & Experience Required:
- Bachelors’ Degree or equivalent combination of education and experience required.
- Minimum of 5+ years relevant experience.
- Compensation certification preferred.
Knowledge/Skills:
- Experience in job evaluation, market pricing, salary survey participation, and annual compensation cycles (performance management, merit, bonus).
- Demonstrated experience in Microsoft Excel, PowerPoint, Workday, SAP, or other ERP.
- Strong analytical, problem-solving, and decision-making skills.
- Strong data analysis and reporting skills.
- Strong attention to detail.
- Working knowledge of FLSA and other compensation relevant laws and regulatory requirements.
- Ability to build strong relationships with internal and external constituents and experience in interacting with all levels of the organization.
- Demonstrated experience handling confidential or sensitive information.
- Demonstrated interpersonal skills and the ability to communicate and convey information effectively in verbal, written, and electronic communication.
Mobility Information:
Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.
AVANGRID’s employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID, we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status, or any other status protected by federal, state, or local law. If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at careers@avangrid.com.
Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRID Network and Corporate functions. This does not include those that will work for Avangrid Renewables.
Job Posting End Date: November 1, 2024
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