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Reporting to Compensation Manager, the Compensation Analyst is responsible for support to corporate and distribution center compensation program administration and analysis. Responsible for minimum wage compliance and analysis for exempt and non-exempt positions throughout the U.S. and Canada, administration of annual bonus programs, and coordination of annual increase process in support of Compensation Manager. Provide project coordination support for reoccurring and one-time Compensation projects. Responsible for working with highly sensitive and confidential information and maintaining the confidentiality of information used during the normal course of business.
Responsibilities:
Gathers, analyses and interprets compensation data to HR, Talent Acquisition, and Finance partners
Stays abreast of compensation trends and regulatory developments (i.e. Minimum Wage, Salary Threshold and Pay Transparency) through survey participation and analysis and compensation assessor tools
Continuous and ad hoc analysis of compensation data to ensure internal equity and alignment to company compensation philosophy
Conduct job evaluations and provide recommendations on job classifications and salary grades
Supports the annual increase process by partnering with the HR VPs, Compensation Manager, and Sr. Director of Compensation and HRIS
Ensures compensation programs are in alignment to company compensation philosophy, guidelines and in compliance to government regulations through reporting
Develop and generate reports for various compensation analyses
Backup support for Store Incentive Programs, including but not limited to monthly management sales bonus, Brooks Brothers Base Plus Team Incentive (BPTI), semi-annual Brooks Brothers BAGA bonus, and store-line SPIFF and special incentive programs
Other duties as assigned
Qualifications:
Bachelors degree; concentration in analytical field such as finance, accounting or economics preferred
At least 3 years working directly with a HR System, preferably Dayforce, desired
At least 2 years in a compensation analysis
Strong analytical, research, and problem-solving skills
Advanced skill and knowledge of market benchmarking
Demonstrated advanced level Excel skills
Communicate and collaborate effectively with the team
Can work with wide range of business partners
Ability to work independently with a high degree of discretion and confidentiality
Travel may be required, based on business needs.
Adhere to regular in-office presence, including to engage in in-person team interaction, meetings and collaboration. Job duties may be performed effectively using the hybrid work program designated by the company.
Perform other duties as assigned by supervisor as the company retains the right to change duties to this position.
Must have authorization to work in the United States.
Physical Requirements:
Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state and local standards.
Ability to maintain regular and timely attendance consistent with the ADA, FMLA and other federal, state and local standards.
Ability to remain in a stationary position for up to 8 hours per day
Ability to constantly operate a computer, other office equipment and look at a monitor for up to 8 hours per day
Ability to clearly and accurately communicate and exchange information verbally, in writing, or through other means in person, telephonically, or through virtual communication methods
Ability to reach at or below shoulder level
The salary range for this position is $65,000 to $90,000 annually Pay is based on several factors, including but not limited to position offered and work experience. In addition to your salary, SPARC Group, and its affiliated brands, offers a benefits package, including 401(k) plan, overtime pay, flexible work schedule and a generous employee discount program (all benefits are based on eligibility). Additional information regarding the benefits for this position can be found in the Benefits Guide that is available from our Human Resources Department.
SPARC Group LLC is an equal opportunity employer. We value a culture of inclusion and diversity within our workforce, and are committed to maintaining a workplace free from prohibited employment conduct, including discrimination or harassment on the basis of race, color, national origin, sex, age, religion, disability, genetic information, sexual orientation, gender identity or expression, marital status, domestic partner status, civil partnership, status as a covered veteran, status in the Uniformed Services of the United States, citizenship and any other characteristic protected by law. We are also committed to the full inclusion of qualified individuals in the job application and interview process.
Employees are expected to perform the essential functions of the position satisfactorily. In accordance with the Americans with Disabilities Act (ADA), the Americans with Disabilities Act Amendments Act (ADAAA), and applicable state disability laws, it is the policy of SPARC to provide a reasonable accommodation when requested by a qualified applicant or employee with a disability unless such accommodation would cause an undue hardship. If a reasonable accommodation is required to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact our Human Resources department.