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Sales Incentive Compensation Analyst
Short Hills, NJ 07078 | Contract
The Sr. Sales Incentive Compensation Analyst will be responsible for the development, implementation, and administration of compensation processes, programs and policies to ensure competitive sales incentive compensation practices across the organization. Primary responsibilities include re-define/re-design/implement existing sales incentive processes, analyzing compensation data, performing job analyses, creating/editing job descriptions, and consulting with internal departments and HR colleagues as it relates to specific jobs, organizational structure, market pricing reviews, and pay decisions.
Participate in development of compensation strategies and practices aligned with corporate objectives
Partner with Leadership on program design, analysis and modeling, implementation of new programs, and compensation automation projects
Analyze the effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives
Conducts job evaluation, market analysis, and classification projects; determines salary grade levels, market value of roles, and exemption status.
Provide context, interpretation and recommendations for results of compensation reports
Analyze survey data and market trends and make recommendations of needed changes in the existing structure to maintain external market competitiveness.
Analyze survey data for benchmark positions to determine market position. Work with managers/directors to make recommendations.
Perform budget analysis for proposed adjustments.
Minimum 7+ years of HR experience performing Sales Incentive Compensation related duties such as: program design and implementation, conducting/leading job evaluation projects, performing internal equity and external market analysis, determining exemption status, and consulting with management on compensation recommendations.
Certified Compensation Professional designation preferred
Experience working with various market data surveys
Strong consulting mindset with the ability to build effective relationships
Proven project management skills
Strong verbal and written communication skills
Proven ability to drive and lead processes while achieving results
Ability to analyze issues from multiple viewpoints and develop effective alternatives and action plans
Expert knowledge of human resources and compensation practices, with strong knowledge of the Fair Labor Standards Act and other HR-related laws.
Thank you for your consideration. The preceding statements are intended to describe the general nature and level of work being performed by the people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of the personnel so classified. Continuiti LLC is an EOE.