Ocean Spray is a farmer-owned co-op that values innovation and teamwork, and they are seeking a Compensation Analyst to join their team. The analyst will play a critical role in the analysis, implementation, and administration of compensation activities and programs, working closely with the Human Resources team to provide global compensation guidance and support.
Responsibilities
- Conduct internal and external market analysis to determine competitive compensation trends and ensure that the organization's compensation practices are compliant with applicable laws and regulations
- Responsible for compensation benchmarking in third party compensation platform
- Assist in the design, implementation, and administration of salary structures, incentive plans, and other compensation programs
- Ensure compliance with all federal, state, and local laws and regulations related to compensation, including strong focus on pay transparency, pay equity, minimum wage, and FLSA
- Analyzes new positions and reclassification requests to appropriately determine job classification and FLSA exemption status
- Prepare and present reports on compensation data and trends to peers and management
- Collaborate with Talent Acquisition, HR business partners and managers to support, respond, and provide guidance on compensation-related issues
- Coordinate annual compensation review process, including merit increases, promotions, and equity adjustments. Complete analysis to make recommendations for merit increase targets by country
- Support the development and maintenance of compensation policies and procedures
- Provide guidance and training to HR and management on compensation-related matters
- Communicate and educate employees on compensation policies, guidelines, and programs
Skills
- 1 – 3 Years Experiences in Compensation or Financial Analysis
- Strong analytical and quantitative skills with the ability to interpret and present data effectively
- Proficiency in Microsoft Excel
- Knowledge of compensation laws and regulations
- Excellent written and verbal communication skills
- Strong attention to detail and organizational skills
- Ability to work independently and collaboratively in a team environment
- Bachelor's degree in HR, Business Administration, Finance or related field
- Certified Compensation Professional (CCP) designation
Benefits
- Complete insurance package on Day-1 that includes a plethora of health and wellness programs
- Health, Dental, and Vision insurance
- Health savings account
- Flexible spending account
- Life and accident insurance
- Employee assistance program
- Telehealth services
- 1:1 health coaching
- Supportive benefits for all the stages of your life
- 401(k) with up to 6% Company matching; additional potential discretionary match at year-end
- Short-Term Incentive/Performance bonuses
- Flexible scheduling options
- Vacation pay, up to three weeks of time (pro-rated for your first year of employment)
- Holiday pay for 12 holidays
- Career development and growth opportunities
- Tuition/Education assistance programs
- Access to LinkedIn Learning
- Scholarship programs for children of employees
- Parental leave
- Bright Horizons Family Solutions – Back-up care, tutoring, etc.
- Adoption assistance
- Bereavement leave
- Up to $300 fitness reimbursement
- Up to $300 massage reimbursement
- Employee appreciation events
- Employee discounts
- Charitable giving
Company Overview
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