Apply here: https://jobs.newbalance.com/corporate/global/en/job/R28619/Compensation-Analyst-Manufacturing-Retail
Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.
The Compensation Analyst supports the global compensation function and New Balance MADE and US retail organizational goals through the analysis and administration of compensation programs. Maintains and ensures consistent application and standards of compensation administration practices and competitive best practices. Ensures that company compensation programs are compliant with government regulations.
Role is required to be onsite three days a week starting in May.
Develops, recommends, and administers compensation programs to meet the strategic needs of our MADE manufacturing and US retail organizations. Provides creative solutions to address the unique compensation challenges of a primarily hourly population.
Consults and advises HR regarding governance interpretation, market analysis, job evaluation, pay equity and other compensation initiatives.
Builds trusted partnerships with HR team members and internal customers with a service-oriented mindset.
Evaluates and grades jobs to maintain internal equity and external competitiveness. Upholds the integrity of the job structure.
Participates in market data surveys. Benchmarks jobs against survey data to determine competitive compensation range.
Keeps abreast of all current and pending minimum wage laws and completes regular minimum wage audits.
Conducts research, analyzes information and data, and presents findings in a clear, concise manner tailored to audience.
Assists in the development and delivery of compensation education for HR and business leaders.
Monitors existing compensation practices for trends and effectiveness and makes innovative recommendations for change.
Works independently, takes initiative and performs effectively in a fast-paced and constantly changing environment.
REQUIREMENTS FOR SUCCESS
Bachelor’s degree with 3-5 years of compensation experience required.
Strong experience with compensation programs and practices in manufacturing or retail industries.
Pursuit of Certified Compensation Professional (CCP) designation preferred.
Previous Workday experience required.
Proven analytical and problem-solving skills and high attention to detail with large data sets. Ability to draw trends from data and propose creative solutions.
Strong written, verbal, and graphic communication skills including the ability to effectively translate data to varying audiences.
Ability to thrive in a fast-paced, team-oriented environment. Must be flexible in an ambiguous environment.
Must handle sensitive, confidential matters and situations with maturity and discretion.
Knowledge of government regulations as they apply to base and incentive pay programs.
Advanced Excel skills.
Regular Associate Benefits
Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks – opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs – that encourage our associates to grow personally as they develop professionally. You’ll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword – it’s part of our culture.
Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.
Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.
Flexible Work Schedule
For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while providing high levels of flexibility to associates. North American office-based associates are expected to come into the office on Wednesdays, with other occasional in-office days for in-person meetings and events as needed. Our offices are fully open and amenities are available across our North American office locations.
Equal Opportunity Employer
New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.https://jobs.newbalance.com/corporate/global/en/job/R28619/Compensation-Analyst-Manufacturing-Retail