Senior Compensation & Equity Analyst - Sprouts Farmers Market

Overview:

The Senior Compensation & Equity Analyst is responsible for supporting one or more areas of the business providing subject matter expertise and analysis of Sprouts executive, support office and distribution center compensation programs, short-term and long-term incentives, cost analyses, and administration of Sprouts Stock Incentive Plan, as well as being the compensation business partner to area supported.

Essential Functions:

• Develops and administers base salary, short-term incentive, and equity plans for all levels of the organization including executive, director and senior management levels.
• Provide guidance to assigned area regarding Sprouts compensation programs, policies, practices, and processes.
• Ensure organizational compliance with Federal and State laws, including reporting requirements.
• Advise business partners and team members on Federal and State employment regulations, compensation policies, related procedures, and programs.
• Conducts annual market analysis of company jobs, determining market competitiveness, providing recommendations for jobs, pay structures, and incentive plans for all levels of the company including managers, directors and VPs.
• Performs various analyses for new programs and company initiatives impacting compensation, and equity programs.
• Collects and prepares company data for annual and ad-hoc compensation survey submissions.
• Responsible for annual bonus plan and equity forecasting, calculations, and processing for the support office and distribution center team members for all levels of the company, including executives.
• Responsible for annual merit process for support office and distribution center team members using the WorkDay merit tool.
• Research team member questions regarding pay increases, bonus payments, and other compensation issues, providing responses through ticket system or shared email box, as well as respond to auditor requests on bonus payouts, pay issues and compliance with pay guidelines.
• Performs salary administration tasks including, maintaining pay structure resources, and auditing and maintenance of the HRIS compensation areas.
• Evaluate and create jobs, write position descriptions, determine occupational classification, FLSA status, market pricing and salary structure placement.
• Observe, interview, and survey team members and conduct focus group meetings to collect job, organizational, and occupational information.
• Prepare reports to summarize job analysis and evaluation results, and compensation analysis information.
• Assists team members with enrollment in Sprouts Stock Incentive plan, being the point of contact for all team member questions regarding eligibility or tax implications of transactions.
• Processes grants and transactions and maintains records of vesting schedules and/or exercise history through E*trade/Equity Edge platform.
• Reviews transactions for accuracy and compliance with applicable securities-related regulations or laws. Reports any findings to the Sprouts compliance and audit teams, as well as external auditors.
• Prepares and provides data and analysis for use in compensation committee meetings or proxy filings.
• Enters all data for compensation tables within the proxy, including director compensation, company financial results, executive compensation, peer group analysis, executive stock awards, termination tables, CEO pay ratio, and security ownership of certain beneficial owners.

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Knowledge, Skills, Abilities and Physical Requirements:

Education and Experience (A combination of education, training and relevant work experience may be substituted)

• Bachelor’s degree in Human Resources, Finance, Mathematics, or related field
• Minimum 5 years of prior compensation experience and 2 years of stock plan administration experience

 

Knowledge, Skills and Abilities

• Proficient in Microsoft Office Suite: intermediate to advanced Excel skills
• Experience with Human Resources concepts, processes, and procedures, as well as applicable Federal state and local laws, regulations and/or statutes
• Human Resources principles and best practices in compensation including job analysis/evaluation
• Extensive knowledge of quantitative and qualitative research methods
• Perform extensive research, make independent analysis and report findings
• Proactively identify problems or needs, involve stakeholders and develop viable action plans/recommendations
• Very well organized, high attention to detail, logical problem-solving skill and must be able to maintain the confidentiality of team member information
• Strong analytical and problem-solving skills
• Proficient with compensation research and data analysis
• Strong verbal and written communication skills, analytical, inductive reasoning and decision-making skills, and ability to work on cross-functional teams
• Ability to work under deadline pressure with changing priorities and effectively manage multiple projects

Benefits:

In addition to a rewarding career, Sprouts offers a comprehensive program to help support you and your family. These programs include:

• Competitive pay
• Sick time plan that you can use to support you or your immediate families health
• Vacation accrual plan
• Opportunities for career growth
• 15% discount for you and one other family member in your household on all purchases made at Sprouts
• Flexible schedules
• Employee Assistance Program (EAP)
• 401(K) Retirement savings plan with a generous company match
• Company paid life insurance
• Contests and appreciation events throughout the year full of prizes, food and fun!

Eligibility requirements may apply for the following benefits:

• Bonus based on company and/or individual performance
• Affordable benefit coverage, including medical, dental and vision
• Health Savings Account with company match
• Pre-tax Flexible Spending Accounts for healthcare and dependent care
• Company paid short-term disability coverage
• Paid parental leave for both mothers and fathers
• Paid holidays

Get Paid Every Day!

 

Sprouts Farmers Market offers DailyPay - if you’re hired as an eligible employee, you’ll be able to transfer the money you’ve already earned at no extra cost, and get it the next business day, for free.  We offer DailyPay so you don’t have to wait for payday to access the money you’ve already worked for. With DailyPay, you can see how much you’ve made every day and you can transfer your money any time before payday.

 

 You can learn more by visiting https://www.dailypay.com/partners/sprouts-farmers-market/.

Why Sprouts:

Grow with us!

If you have a passion for inspiring people and a flair for fresh food, consider applying for a job at Sprouts! With a focus on customer service, our neighborhood grocery stores offer high-quality, farm fresh produce, natural meats, plenty of scoop-your-own bulk goods and much more in a fun, friendly, old-fashioned farmer’s market setting.  Come grow your career in healthy living with a fast-paced, rapidly growing company and teams that pride themselves on empowering others along their journey.

 

 

The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties, responsibilities, and requirements. Sprouts’ management reserves the right to amend and change duties, responsibilities, and requirements to meet business and organizational needs as necessary.

 

California Residents: We collect information in accordance with California law, please see here for more information.