FARO Technologies · 3 hours ago

Senior Compensation Analyst

United States

Full-time

Remote

Senior Level

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Responsibilities

Manages the compensation administration, plan documentation and implementation of the various compensation programs including the annual merit, bonus and equity.

Conduct annual compensation benchmarking, manage 3rd party survey engagement, and provide compensation competitive analysis from the market data.

Provides metrics, data for monthly and quarterly HR dashboards, and analysis for all compensation & some HR programs.

Leads projects and system implementations, to include areas related to incentive programs, salary administration, competitive assessment of market trends and equity analysis.

Partners with Finance to ensure close collaboration on FARO’s long-term incentive programs.

Consults with HRBPs and business stakeholders in making compensation related recommendations for promotions, transfers, job matches, and job leveling.

Partner with HR Business Partners to educate managers and employees on compensation programs.

Manage and create Workday reports and provide input regarding additional Workday processes in support of compensation and HR analytics.

Offer compensation support and analysis of merger and acquisition activity.

Aligns jobs and reviews requests for new or revised classifications to determine appropriate salary grade assignment based on job descriptions.

Leads recommendations for the development of company salary structure, FLSA exemptions, job revisions and organizational structures.

Assist with development of policies and procedures to support that administration of the compensation programs. compensation administration needs and is updated to reflect changes to salary structures.

Analyzes existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action.

Work closely with HRIS System Administrator to ensure Workday meets com, bonus programs, etc.

Qualification

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Compensation program managementExcel proficiencyEquity compensation experienceHRIS systems expertiseConfidential information managementAccounting regulations knowledgeUS Affirmative Action planningWorkday knowledge