Senior Compensation Analyst (Contract Talent)

Robert Half • San Ramon, CA

3d • $46 - $70

About The Position

Who We Are Robert Half, one of FORTUNE’s World’s Most Admired Companies and a Fortune 100 Best Companies to Work For is hiring a Senior Compensation Analyst (Contract Talent) to join the Enterprise Compensation department. The Incentive Compensation Senior Analyst is responsible for the design, administration, and analysis of incentive compensation programs to ensure they drive employee performance and align with business objectives. This role involves advanced data analysis, financial modeling, and collaboration with cross-functional teams to optimize compensation structures. The Senior Analyst also plays a key role in process improvements, system enhancements, and ensuring compliance with company policies and industry standards. What You'll Do Compensation Program Administration Administration of the incentive bonus programs during start of year, monthly, quarterly, semi-annual, and end of year processes. Assists HR Business Partners and other managers with compensation-related issues. Analysis Modify/Develop Compensation Plan Structures based on leadership direction and intent. Designs complex models for the purposes of cost structure analysis, sensitivity analysis, impact analysis, and other analysis that are required for the development of incentive compensation plans. Conducts compensation plan effectiveness studies. Works with Compensation Analyst as appropriate to benchmark new or revised jobs within their respective client groups. Job Evaluation Works with field leadership and external third parties consultants to benchmark positions appropriately. Advises field leadership and compensation management of grades, salary ranges, and classification. Identifies correct benchmark positions for new salary surveys. Customer Consulting Provides counseling to management in the design/modification and rollout of incentive compensation plans. Proactively identify issues that may arise with regards to employee's pay. Work closely with the HRBP to train and communicate appropriately. Meet with field leadership and compensation leadership to go over incentive compensation related items. Assessments and research for individual plan placement. Leadership and Mentorship Provide guidance and mentoring to Compensation Analyst(s). Provide training on incentive compensation practices and procedures; offer guidance on such items as incentive compensation fundamental, best practices, pitfalls to avoid, etc. Leads Compensation Analysts in using incentive Compensation best practices to create relevant and meaningful ad-hoc analysis. Leads Compensation Analyst in conducting periodic processes such as Economic Zone, Salary, and Employment Cost Index reviews. Leads Compensation Analysts in conducting and participating in market surveys.

Requirements

• Bachelor's Degree in applicable field or equivalent experience.
• Minimum of 8 years of analyst related experience required.
• Experience working with incentive compensation in an international company strongly desired.
• Exceptional at MS Excel. Can create and modify Macros and VBA. Can create complex models utilizing advanced functions within Excel.
• Experience gathering data from different types of systems like Workday, PeopleSoft, MS Access, SQL Databases.
• Proficient in using MS PowerPoint.
• Attention to detail with a high degree of accuracy is essential.
• Experience managing small to mid-size compensation projects ranging from simple to complex in scope.
• Proven self-starter with the ability to work independently.
• Must be flexible to work within fast-paced environment with tight deadlines.
• Must be able to work with highly confidential data and maintain confidentiality at all times.
• Proven ability to work with all levels of management, including senior level management.
• Experience with Market Pricing jobs, using a number of different surveys.
• Experience pricing jobs in international locations strongly preferred.
• Must be able to work with highly confidential data and maintain confidentiality at all times.
• High degree of critical thinking and problem solving.

Nice To Haves

• Experience with Anaplan a strong plus.
• Certified Sales Compensation Professional (CSCP) preferred.

Responsibilities

• Compensation Program Administration Administration of the incentive bonus programs during start of year, monthly, quarterly, semi-annual, and end of year processes.
• Assists HR Business Partners and other managers with compensation-related issues.
• Modify/Develop Compensation Plan Structures based on leadership direction and intent.
• Designs complex models for the purposes of cost structure analysis, sensitivity analysis, impact analysis, and other analysis that are required for the development of incentive compensation plans.
• Conducts compensation plan effectiveness studies.
• Works with Compensation Analyst as appropriate to benchmark new or revised jobs within their respective client groups.
• Works with field leadership and external third parties consultants to benchmark positions appropriately.
• Advises field leadership and compensation management of grades, salary ranges, and classification.
• Identifies correct benchmark positions for new salary surveys.
• Provides counseling to management in the design/modification and rollout of incentive compensation plans.
• Proactively identify issues that may arise with regards to employee's pay.
• Work closely with the HRBP to train and communicate appropriately.
• Meet with field leadership and compensation leadership to go over incentive compensation related items.
• Assessments and research for individual plan placement.
• Provide guidance and mentoring to Compensation Analyst(s).
• Provide training on incentive compensation practices and procedures; offer guidance on such items as incentive compensation fundamental, best practices, pitfalls to avoid, etc.
• Leads Compensation Analysts in using incentive Compensation best practices to create relevant and meaningful ad-hoc analysis.
• Leads Compensation Analyst in conducting periodic processes such as Economic Zone, Salary, and Employment Cost Index reviews.
• Leads Compensation Analysts in conducting and participating in market surveys.

Benefits

• Benefits are available to contract/temporary professionals, including medical, vision, and dental, and life and disability insurance.
• Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan.

What This Job Offers

• Career Level: Mid Level