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Compensation Analyst (Principal or Sr. Principal Level)

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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.

Average salary estimate

$126600 / YEARLY (est.)

min

max

$82900K

$170300K

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

Join Northrop Grumman as a Principal/Senior Principal Compensation Analyst in McLean, VA, and take the opportunity to shape the future of executive compensation! At Northrop Grumman, we celebrate innovation and a pioneering spirit, which is essential for this role. You'll be working closely with HR Business Partners to tailor compensation strategies that align with our business objectives. Analyzing market trends and collaborating with team members, you’ll lead efforts like our Annual Compensation Review, ensuring our compensation offerings remain competitive and attractive. Your expertise in analyzing data will be crucial as you make insightful recommendations on pay structures and job classifications. We pride ourselves on cultivating an inclusive environment that values cognitive diversity and encourages you to bring your whole self to work. Here, you will not only be a part of history but making history alongside a talented group of individuals. If you have a passion for translating compensation philosophies into actionable solutions with strong analytical skills and want to influence compensation strategies in exciting ways, this is the perfect role for you. Join us at Northrop Grumman — where your bold ideas will be welcomed, and together, we can invent what others think is impossible!

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

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

As a Compensation Analyst at Northrop Grumman, your primary responsibilities include collaborating with HR Business Partners, conducting in-depth market research, and analyzing compensation data. You will engage with stakeholders to identify compensation needs and lead initiatives like the Annual Compensation Review, making recommendations based on comprehensive analyses to ensure competitive pay structures for executive roles.