Love's Travel Stops · 4 hours ago
Compensation Analyst
Love's Travel Stops is a family-owned and operated business headquartered in Oklahoma City, providing services to professional drivers and the traveling public. The Compensation Analyst will assist in planning, developing, administering, and implementing compensation programs that align with company goals and ensure competitive pay practices.
Responsibilities
Supports the administration of compensation programs, including annual merit and bonus processes
Participates in third-party market pricing and benchmark surveys for the Total Rewards department; performs other research as needed to help drive best practice throughout the department
Conducts benchmarking of internal jobs to assign pay grades/bands and to assign bonus and long-term incentive targets while ensuring internal alignment and consistency across departments and divisions
Contribute to job leveling and titling standardization projects to help develop career path opportunities for employees
Conducts basic statistical analysis around pay grades, incentives targets, and wage compression, and can prepare reports and presentations that visually highlight key data insights
Assists with compensation audits as needed, which may include minimum wage, FLSA, missing data, etc
May develop documentation materials for the administration of compensation programs and procedures
Keeps apprised of federal, state and local compensation laws and regulations in order to ensure company compliance with federal and state minimum wage laws and in accordance with the fair labor standards act
Works closely with HR business partners and business leaders to ensure FLSA compliance and equitable pay practices across corporate and field retail operations
Performs other duties as assigned
Qualification
Required
Supports the administration of compensation programs, including annual merit and bonus processes
Participates in third-party market pricing and benchmark surveys for the Total Rewards department; performs other research as needed to help drive best practice throughout the department
Conducts benchmarking of internal jobs to assign pay grades/bands and to assign bonus and long-term incentive targets while ensuring internal alignment and consistency across departments and divisions
Contribute to job leveling and titling standardization projects to help develop career path opportunities for employees
Conducts basic statistical analysis around pay grades, incentives targets, and wage compression, and can prepare reports and presentations that visually highlight key data insights
Assists with compensation audits as needed, which may include minimum wage, FLSA, missing data, etc
May develop documentation materials for the administration of compensation programs and procedures
Keeps apprised of federal, state and local compensation laws and regulations in order to ensure company compliance with federal and state minimum wage laws and in accordance with the fair labor standards act
Works closely with HR business partners and business leaders to ensure FLSA compliance and equitable pay practices across corporate and field retail operations
Performs other duties as assigned
Basic knowledge of compensation principles, salary surveys, & HR Systems
Basic proficiency with Microsoft Excel
Excellent verbal and written communication, enabling effective communication and cooperation with all levels of the organization
Detail orientation with a high degree of accuracy in data entry and audits
Basic understanding of state and federal laws and regulations relating to compensation, including FLSA and state minimum wage regulations
Presentation skills with ability to develop PowerPoint presentations and deliver to key audience stakeholders
Planning skills and ability to effectively manage concurrent deadlines and multiple priorities simultaneously
Strong integrity, work ethic, and ability to work with highly sensitive and confidential data
Preferred
A bachelor's degree in a field such as human resources, mathematics, accounting, business administration or finance is preferred
1-2 years of experience in compensation administration is preferred
Experience using SAP Success Factors compensation module preferred
Experience with external market analysis preferred
A Certified Compensation Professional designation may be considered in lieu of the preferred work experience
Benefits
Fuel Your Growth with Love's - company funded tuition assistance program
Paid Time Off
Flexible Scheduling
401(k) – 100% Match up to 5%
Medical/Dental/Vision Insurance after 30 days
Competitive Pay
Career Development
Company
Love's Travel Stops
Founded in 1964 by Tom Love, Love’s Family of Companies is headquartered in Oklahoma City, and remains entirely family-owned and operated.