Senior Compensation Analyst - Spencer Thomas Group
Waltham, MA 02451
About the Job
Position Overview:
Spencer Thomas Group (STG) is currently looking to add to our team of consultants under our compensation team.
Responsibilities:
• Play a key role in design, development, analysis, implementation and administration of remuneration programs globally with a focus on competitive programming and compliance for hourly wages, base salary, allowances, recognition rewards, sales incentive, equity, and other long- and short-term incentives.
• Contribute to the development of the global compensation and rewards strategy.
• Successfully lead global programs with relevant experience in program management, data analysis, change management, stakeholder engagement, communication, and measurement of program effectiveness.
• Manage global compensation plans and associated provider relationships and oversee the survey and relationship renewal cycle and survey system enhancements.
• Ensure country compensation compliance with all applicable laws and regulations; providing expertise related to the regulatory and legal requirements for employee base compensation, allowances and incentive plans.
• Manage compensation administration and billing for all plans globally. This includes obtaining and reconciling invoices, creating finance report requests, and submitting and tracking payments.
• Lead new compensation initiatives and manage the implementation processes in partnership with the TR team, HR, People Information Systems and Payroll colleagues and the business. Under the direction of the Director, Total Rewards, lead compensation related work involved and implementation of new country set ups, mergers, acquisitions, and partnerships.
• Stay informed of changes in compensation market, legislation and compliance and propose changes to plans as required.
• Manage and improve compensations delivery and operational processes by partnering inter-departmentally and globally to upgrade operation efficiency and employee experience.
• Inform and advise People & business managers on compensation policy and programs.
• Responsible for global compensations intranet pages, updating and maintaining of compensation documents and creating engaging and value add content.
• Support and promote global reward programs, events and activities.
Required Qualification(s):
• Significant experience required in a similar role; minimum expected 8 years post bachelor's degree.
• Previous experience working in a globally matrixed organization.
• Strong vendor management skills with the ability to deeply understand the survey platform and analytics offered, setting of service level agreements and challenging non-compliance.
• Experience managing projects including preparing project plans, timelines and building business cases.
• Able to build strong working relationships with teams and key stakeholders on an international basis.
• Highly proficient and superior accuracy -in Microsoft Excel, PowerPoint and other Office Suite software.
• Previous experience of M&A activity / compensation program harmonization.
• Strong verbal and written communication and presentation skills.
• People systems experience.
Preferred Qualification(s):
• Facility/experience with a breadth of software/compensation administration systems.
• Compensations or Rewards Remuneration professional certification or master's degree in business, tax, Human Resources or a related field.
• Workday experience preferred; Salesforce experience a plus.
• Experience/background with benefits and/or global mobility a plus.
Duration: This is a project-based consulting opportunity with a start date of July 2024 with an initial duration through Nov/Dec 2024 with the possibility of extending.
About Us:
Spencer Thomas Group (STG) is a Professional Services firm that delivers comprehensive business solutions worldwide. Whether it's Global Payroll & Human Capital Management, Organizational Change Management, Enterprise Service Management, or Program and Project Management services, our human-centric methodology RightFIT, delivers extraordinary Customer and Employee digital experiences that advances business priorities.
Spencer Thomas Group (STG) is currently looking to add to our team of consultants under our compensation team.
Responsibilities:
• Play a key role in design, development, analysis, implementation and administration of remuneration programs globally with a focus on competitive programming and compliance for hourly wages, base salary, allowances, recognition rewards, sales incentive, equity, and other long- and short-term incentives.
• Contribute to the development of the global compensation and rewards strategy.
• Successfully lead global programs with relevant experience in program management, data analysis, change management, stakeholder engagement, communication, and measurement of program effectiveness.
• Manage global compensation plans and associated provider relationships and oversee the survey and relationship renewal cycle and survey system enhancements.
• Ensure country compensation compliance with all applicable laws and regulations; providing expertise related to the regulatory and legal requirements for employee base compensation, allowances and incentive plans.
• Manage compensation administration and billing for all plans globally. This includes obtaining and reconciling invoices, creating finance report requests, and submitting and tracking payments.
• Lead new compensation initiatives and manage the implementation processes in partnership with the TR team, HR, People Information Systems and Payroll colleagues and the business. Under the direction of the Director, Total Rewards, lead compensation related work involved and implementation of new country set ups, mergers, acquisitions, and partnerships.
• Stay informed of changes in compensation market, legislation and compliance and propose changes to plans as required.
• Manage and improve compensations delivery and operational processes by partnering inter-departmentally and globally to upgrade operation efficiency and employee experience.
• Inform and advise People & business managers on compensation policy and programs.
• Responsible for global compensations intranet pages, updating and maintaining of compensation documents and creating engaging and value add content.
• Support and promote global reward programs, events and activities.
Required Qualification(s):
• Significant experience required in a similar role; minimum expected 8 years post bachelor's degree.
• Previous experience working in a globally matrixed organization.
• Strong vendor management skills with the ability to deeply understand the survey platform and analytics offered, setting of service level agreements and challenging non-compliance.
• Experience managing projects including preparing project plans, timelines and building business cases.
• Able to build strong working relationships with teams and key stakeholders on an international basis.
• Highly proficient and superior accuracy -in Microsoft Excel, PowerPoint and other Office Suite software.
• Previous experience of M&A activity / compensation program harmonization.
• Strong verbal and written communication and presentation skills.
• People systems experience.
Preferred Qualification(s):
• Facility/experience with a breadth of software/compensation administration systems.
• Compensations or Rewards Remuneration professional certification or master's degree in business, tax, Human Resources or a related field.
• Workday experience preferred; Salesforce experience a plus.
• Experience/background with benefits and/or global mobility a plus.
Education:
Bachelor's degree in business, math or Human Resources.
Duration: This is a project-based consulting opportunity with a start date of July 2024 with an initial duration through Nov/Dec 2024 with the possibility of extending.
About Us:
Spencer Thomas Group (STG) is a Professional Services firm that delivers comprehensive business solutions worldwide. Whether it's Global Payroll & Human Capital Management, Organizational Change Management, Enterprise Service Management, or Program and Project Management services, our human-centric methodology RightFIT, delivers extraordinary Customer and Employee digital experiences that advances business priorities.
Source : Spencer Thomas Group
