Compensation Analyst - Merz North America, Inc
Raleigh, NC 27601
About the Job
As the Compensation Analyst you will provide consultative support to the Region North America Aesthetic business leadership team. Compensation topics of focus will include base pay management, incentive pay administration, and job analysis. This position will work collaboratively with regional partners to support fair, equitable, and sustainable pay solutions. This position reports to the Director, Compensation.
RESPONSIBILITIES
Short-Term Incentive Program (STI)
- Partner with the VP, CORE Services North America to ensure accurate employee classifications for STI eligibility.
- Partner with Aesthetic Regional leadership to accurately calculate yearly STI payouts where applicable.
Sales Force Variable Pay (Incentive Compensation)
- Aesthetics – Injectables, Capital, Capital Disposables, Skincare, Strategic Accounts and Inside Sales.
- Support IC plan administration.
- Data collection and quality control procedures.
- Payout calculations and statement distribution.
- Collaborate with the Director, Compensation regarding plan effectiveness reporting.
- Assist with the managing relationships and communication with external compensation partners.
Presidents Club
- Support the plan design and yearly program review.
- Document and communicate to eligible teams.
- Asist with calculating and publishing final results.
- Provide any financial award benefits to payroll.
Rookie of the Year
- Assist with plan design and yearly review of program.
- Document and communicate to eligible teams.
- Assist with the calculation and publishing of final results.
- Provide financial award benefit to payroll.
In – Line Promotion Program
- Assist with the communication of eligibility criteria and final yearly results to decision makers for final promotion approval.
- Monitor the performance results for each participant to determine any additional bonus earned.
Base Pay Budgeting
- Provide support to ensure all required employee data and compensation is available and accurate for the yearly budgeting exercise.
- Support administration in FIORI (Financial Budgeting Tool) for all updates and changes required prior to approval.
Competitive Pay Analysis
- Support strategic pay analysis related to hiring and merit increases for all North American regional positions.
REQUIREMENTS
- BA Degree in Finance, Business or Human Resources.
- Minimum of 4 years’ in a Financial or HR role that includes compensation.
- Highly proficient in MS Excel, and proficient in Word and PowerPoint.
- Ability to document, communicate and train others on complex incentive plans.
- Detailed oriented with a solid understanding of business and sales operations and finance.
- Ability to build and maintain positive and productive working relationships with stakeholders at all levels of the organization.
- Ability to research and analyze sensitive data while maintaining objectivity and confidentiality.
- Ability to perform financial modeling and forecasting.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c) Human Resources and Training Development
Source : Merz North America, Inc