Job details

Compensation Analyst (Principal or Sr. Principal Level)

Get a free resume review

RELOCATION ASSISTANCE: No relocation assistance available

CLEARANCE TYPE: None

TRAVEL: No

Description

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.

Northrop Grumman is seeking a Principal/Senior Principal Compensation Analyst in McLean, VA. Reporting to the Director of Compensation, the successful candidate will have responsibility for providing consultation, analysis, and support for the executive population as well as support the design, implementation and administration of the company’s executive compensation programs, policies and procedures.

This position can support a virtual telecommuting candidate, however, the preference is McLean, VA

Responsibilities may include:

Engaging with HR Business Partners (HRBPs) to identify current and future compensation needs, researching market trends and analyzing data to develop and ensure the execution of HR/Compensation priorities that align with business objectives.
Collaborating with HRBPs to provide guidance on total compensation solutions.
Completing complex analyses to identify issues, provide alternatives, and recommend solutions to business needs.
Reviewing job classifications, position descriptions and market data to make recommendations with respect to job qualifications and levels in support of company policy and organization budgets.
Periodically reviewing and assessing pay competitiveness across business functions, identifying and recommending appropriate adjustments.
Developing and shaping strong change management plans in support of compensation-related programs and priorities.
Leading the Annual Compensation Review (ACR) integrated process and training for the business unit in partnership with human resources.
Supporting the development and delivery of enterprise-wide compensation training and communications to foster a greater understanding of total compensation.
Conducting ad hoc research upon request from HR and other business/department leaders.

Characteristics:

Ability to translate Compensation philosophy and strategy into appropriate recommendations for compensation solutions.
Ability to prioritize based on changing business needs, and work well within a fast-paced environment.
Strong analytical and quantitative skills with advanced knowledge and experience with Microsoft Excel, including writing formulas, maintaining tools, and creating data visualizations
Ability to clearly and concisely communicate complex data and information.
Strong focus on quality of work and attention to detail.
Strong consultative and verbal and written communication skills.
Ability to work independently but also collaborate within a team environment.
Ability to influence, collaborate, and problem solve.
Demonstrated effective presentation skills and techniques.
Demonstrated experience participating in large, complex initiatives and associated change management activities.

Basic Qualifications for Principal Level:

Bachelor’s Degree in Business Management, Human Resources or related discipline.
Minimum of 5 years compensation, HR, or related discipline experience.
Demonstrated knowledge of HR practices, including compensation analysis.

Preferred Qualifications:

Master’s degree in Business, Human Resources or other applicable field of study and minimum 4 years of experience.
Certified Compensation Professional or progress towards certification.
Working knowledge of Workday business processes and functionality.
Previous experience in a large government contracting environment.

Basic Qualifications for Sr. Principal Level:

Bachelor’s Degree in Business Management, Human Resources or related discipline.
Minimum of 8 years compensation, HR, or related discipline experience.
Demonstrated knowledge of HR practices, including compensation analysis.

Preferred Qualifications:

Master’s degree in Business, Human Resources or other applicable field of study and minimum 7 years of experience.
Certified Compensation Professional or progress towards certification.
Working knowledge of Workday business processes and functionality.
Previous experience in a large government contracting environment.

Salary Range: $82,900.00 - $136,800.00Salary Range 2: $103,200.00 - $170,300.00

The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.

Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.

The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.

Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

Northrop Grumman Glassdoor Company Review

4.0

Northrop Grumman DE&I Review

No rating

CEO of Northrop Grumman

Kathy Warden

Approve of CEO

Average salary estimate

$126600 / YEARLY (est.)

min

max

$82900K

$170300K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Compensation Analyst (Principal or Sr. Principal Level), Northrop Grumman

Are you ready to take your career to new heights? Northrop Grumman is looking for a talented and driven Principal or Senior Principal Compensation Analyst to join our team in McLean, VA. In this role, you'll be diving into the heart of executive compensation, collaborating with HR Business Partners to ensure our compensation strategies align with business goals. You’ll engage in market research and complex analysis, providing insightful recommendations on pay competitiveness and compensation solutions that truly resonate with the company's ethos. Your analytical prowess will shine as you work independently and within teams, fostering collaborative environments that encourage innovative thinking. We are proud of our culture that emphasizes cognitive diversity and supports the intellectual curiosity of our employees. Here at Northrop Grumman, not only will you be part of our legacy of innovation—from flight across the Atlantic to lunar landings—but you’ll also help shape the future of our workforce. This position allows flexibility with virtual telecommuting options, but we prefer candidates willing to work from our McLean office. If you're passionate, proactive, and ready to lead efforts on our Annual Compensation Review and more, we want to hear from you! Join us in making history.

Frequently Asked Questions (FAQs) for Compensation Analyst (Principal or Sr. Principal Level) Role at Northrop Grumman

What are the main responsibilities of a Compensation Analyst at Northrop Grumman?

As a Compensation Analyst at Northrop Grumman, your primary responsibilities include consulting with HR Business Partners to identify current and future compensation needs, analyzing market trends, and developing HR/Compensation priorities that align with business objectives. You will also review job classifications, complete complex analyses to address business needs, and lead initiatives such as the Annual Compensation Review.