Sr Compensation Analyst

Division InformationSpectrum Brands’ global enabling functions, including Finance, Legal, IT, Human Resources, Supply Chain, and Commercial Operations, provide enterprise-wide strategy, structure, and common processes to deliver the knowledge and expertise that helps our businesses grow. Enabling functions may operate as a center-led global team, providing a central strategy, structure, and standards; or as business partner teams, with resources embedded within the businesses to deliver business unit-specific results.Job SummaryThe Senior Compensation Analyst is accountable for the global implementation, execution, and continuous maintenance of the company’s compensation philosophy, practices, and programs using practical knowledge and a wide range of compensation techniques and methods. This position will be asked to conduct Compensation related research to support, recommend, and implement changes, act as a subject matter expert in support of continuous improvement activities.Primary Duties & ResponsibilitiesCompensation Analysis (60%):• In collaboration with HR Business Partners and business leaders, support Spectrum Brands Inc. overall annual compensation programs. Administer and monitor global compensation programs (base and variable pay programs) to ensure alignment and support of compensation philosophy.• Provide analytical support including economic and cost impact models in the development of global merit and promotion budgets.• Develop compensation metrics to help our HR Business Partners and Senior Leaders make informed decisions and to better understand program effectiveness, pay positioning and assessment to market.• Conduct global job evaluations and market analysis by reviewing the scope of responsibilities and matching Spectrum Brand’s jobs appropriately to comparable survey data to determine competitiveness and appropriateness of job classification. Determine appropriate FLSA status, pay and incentives, management level, and titling.• Review salary actions for compliance with established guidelines and respond to questions from other HR staff and managers related to wage and hour issues.• Audit compensation data to ensure compliance with applicable laws and accuracy of internal systems.• Participate in and support continuous improvement activities, including training, coaching, and sharing of current processes and best practices.Incentive Administration (20%):• Support the overall administration and maintenance of Spectrum Brand’s global incentive plans.• Support the creation and maintenance of plan documents, including the preparation and distribution of various employee letters and statements.• Work closely with HR Business Partners and the HRIS/Payroll teams to maintain current and accurate incentive and employee information.• Maintain SOX and internal policy compliance as it pertains to incentive plan administration. Regularly reviews incentive payments reports for accuracy and completeness.Additional Duties (20%)• Contribute to the development, implementation, and execution of global education on existing compensation policies and programs.• Ensure that HCM system (Workday) data structures support effective compensation administration• Document and enhance programs, procedures, policies, and controls.• Work on special projects or tasks as requested.• Work with external compensation vendors and consultants.Education and Experience Profile• Bachelor’s degree in a business-related field.• At least 5 years of experience in human resources compensation, preferably in global compensation.• Experience with CompAnalyst or other market pricing systems.• Experience with Workday is preferred.• Certified Compensation Professional designation is preferred.Required Skills• Strong critical thinking skills and the ability to:• * Determine appropriate data analytic approaches and tools based on project tasks and client requirements.• Analyze, organize, and interpret data using a logical and systematic process.• Remove irrelevant data when conducting analytical work and developing creative solutions to enhance current processes and programs.• Visualize and articulate complex problems and concepts.• Recognize patterns in complex sets of data and recommend practical models.• Identify and recommend solutions to remove obstacles impeding project steps or task achievement.• Stay informed of compensation trends in the marketplace, including competitor practices and analyze compensation data and job data for ongoing patterns and forecasting of future compensation issues and demands.• Sound knowledge of laws and regulations related to compensation, for example, DOL, FLSA, EEO• Proven project management experience, with the knowledge and ability to conduct global programs and processes across multiple countries and time zones. This includes the ability to manage and provide project deliverables, optimize the contribution of the people involved, and assess the impact of project decisions on quality, productivity, schedule, deliverables, etc.• Strong attention to detail and follow-up; deadline oriented; ability to prioritize and multi-task.• Ability to work effectively with employees at remote sites and/or virtual teams.• Ability to maintain the high confidential nature and sensitivity to uphold human resources ethical standards.• Solid and proven technical knowledge and experience working with MS Office, particularly Excel.• Excellent interpersonal, writing, verbal, and presentation skills are required, including the ability to make clear and convincing oral presentations that achieve a specific purpose.Work EnvironmentWorking conditions are normal for an office environment. This position can be located in Middelton, WI or St Louis, MO and has a hybrid schedule of Tuesday through Thursday in the office, Monday and Friday remote.#LI-LM1Job Reference: US19289