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Company:
New York State Insurance Fund
Posted: June 30, 2024
The Senior Compensation Analyst plays a crucial role in aligning job compensation with Servco's targeted market pay standards and maintaining pay equity within the company's performance-based pay philosophy. This individual will lead the processing of sales incentive compensation and drive various total rewards initiatives, ensuring compliance with state and federal regulations governing compensation and pay practices. They will advise managers on compensation decisions that are consistent with company principles and methodologies. Additionally, this position will collaborate closely with other Human Resources departments to enhance the total rewards aspects of people initiatives.
Responsibilities
Maintains competitive pay ranges for non-union positions in line with the company's market positioning philosophy
Conducts job evaluations and market pricing using third-party software to ensure alignment with market standards
Administers variable compensation programs and oversees the annual merit and bonus process
Guides managers to make appropriate pay decisions based on performance, budget, and the company's compensation philosophy and methodology
Performs comprehensive research and analysis, synthesizing data from diverse sources to provide actionable insights for pay and compensation program decisions
Conducts internal pay audits and equity reviews to ensure fairness and alignment with company objectives
Collaborates closely with various departments within Human Resources to facilitate cross-functional people initiatives and ensure the effective integration of compensation components.
Consistently seeks ways to improve, streamline, and/or automate processes
Participates in local, national, and industry surveys to gather data on compensation and pay practices
Supports various teams by providing compensation analysis and data models to enhance or develop people-centric business decisions
Requirements
High school diploma or equivalent
Minimum five years of broad-based Human Resources work experience, preferably in a compensation role
Certified Compensation Professional (CCP) preferred
Proficient with Microsoft Office applications
Strong understanding of Compensation or Total Rewards principles and practices
Working knowledge of Human Resources principles and a solid grasp of State and Federal compensation regulations
Familiarity with project management principles
Ability to model data using spreadsheets and/or database software
Experience with HRIS and market pricing applications
Detail-oriented problem solver who balances transactional decisions with big picture outcomes
Proficient in interacting with all levels of staff and management
Ability to translate data into actionable information
Team player with strong influencing skills and proficiency in interacting with all levels of staff and management
Analytical thinker aware of pay's psychological and emotional impacts, adaptable to change
Clear communicator, able to explain unfamiliar concepts
About Servco
At Servco, we're committed to providing valuable mobility solutions to empower people through the freedom of movement and opportunity. From Australia to California, and of course, Hawaii, Team Servco is a collective of over 2,000 like-minded individuals guided by our four Core Values of Respect, Service, Teamwork, and Innovation. For over 100 years, we have been dedicated to superior service, to both our customers and team members. We look forward to helping you create Life:Moments that matter to you.
Interested?
Visit ***/careers to apply online or email us at ***.
Equal Opportunity Employer and Drug-Free Workplace
Pay Range: $89,900.00 - $136,620.00 per year
•
Responsibilities
Maintains competitive pay ranges for non-union positions in line with the company's market positioning philosophy
Conducts job evaluations and market pricing using third-party software to ensure alignment with market standards
Administers variable compensation programs and oversees the annual merit and bonus process
Guides managers to make appropriate pay decisions based on performance, budget, and the company's compensation philosophy and methodology
Performs comprehensive research and analysis, synthesizing data from diverse sources to provide actionable insights for pay and compensation program decisions
Conducts internal pay audits and equity reviews to ensure fairness and alignment with company objectives
Collaborates closely with various departments within Human Resources to facilitate cross-functional people initiatives and ensure the effective integration of compensation components.
Consistently seeks ways to improve, streamline, and/or automate processes
Participates in local, national, and industry surveys to gather data on compensation and pay practices
Supports various teams by providing compensation analysis and data models to enhance or develop people-centric business decisions
Requirements
High school diploma or equivalent
Minimum five years of broad-based Human Resources work experience, preferably in a compensation role
Certified Compensation Professional (CCP) preferred
Proficient with Microsoft Office applications
Strong understanding of Compensation or Total Rewards principles and practices
Working knowledge of Human Resources principles and a solid grasp of State and Federal compensation regulations
Familiarity with project management principles
Ability to model data using spreadsheets and/or database software
Experience with HRIS and market pricing applications
Detail-oriented problem solver who balances transactional decisions with big picture outcomes
Proficient in interacting with all levels of staff and management
Ability to translate data into actionable information
Team player with strong influencing skills and proficiency in interacting with all levels of staff and management
Analytical thinker aware of pay's psychological and emotional impacts, adaptable to change
Clear communicator, able to explain unfamiliar concepts
About Servco
At Servco, we're committed to providing valuable mobility solutions to empower people through the freedom of movement and opportunity. From Australia to California, and of course, Hawaii, Team Servco is a collective of over 2,000 like-minded individuals guided by our four Core Values of Respect, Service, Teamwork, and Innovation. For over 100 years, we have been dedicated to superior service, to both our customers and team members. We look forward to helping you create Life:Moments that matter to you.
Interested?
Visit ***/careers to apply online or email us at ***.
Equal Opportunity Employer and Drug-Free Workplace
Pay Range: $89,900.00 - $136,620.00 per year
•
Read the full job description and apply online on the recuiter's web-site
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