Compensation Analyst V
Location: Lowell, Massachusetts
Posted: November 05, 2017
Reference ID: 201701318
Partner and consult with HR Business Partners, Talent Acquisition and management for supported client groups (region, business unit or functional area) to understand the business and compensation needs and develop and/or recommend compensation programs, policies and practices supporting the Kronos Total Rewards Strategy to achieve desired business results.
We are currently seeking an experienced Senior Compensation Consultant to join our global Compensation Team. This position will provide compensation consultation and support to designated client groups in addition to serving as a key contributor to the development, implementation, and administration of Kronos' global compensation programs.
Our ideal candidate is a change maker who possesses strong business and compensation skills, the ability to interact with a diverse group of individuals, and strong project/program management skills.
Conduct annual and ad-hoc external and internal analysis and market studies to evaluate the competitiveness of base, variable, and long term incentive programs. Evaluate analysis results, recommend program changes, model cost impact, and present final recommendations to Human Resources and Business Leaders.
Research country specific compensation practices, trends, programs, and regulations. Utilize best practices to support the development of base, variable and long term incentive programs that both support and align with the strategic direction of the company. Work with global HR teams to standardize compensation processes and ensure consistency within global and local programs, policies, and practices.
Perform a key role in the development, planning, execution and administration of global salary and incentive programs.
Design, evaluate, and implement domestic and international pay structures and program administration guidelines.
Perform job evaluations for new, existing, or re-defined jobs to determine internal equity, grade assignments, exemption status, and eligibility for variable pay plans. May conduct benchmarking reviews for groups due to organization or business process changes.
Provide compensation support to the acquisition due diligence process. Provides recommendations for the integration and assimilation to Kronos compensation programs and implements the compensation integration plan after acquisition close.
Stay abreast of technological and business developments to insure that the most productive, efficient, appropriate and cost-effective methods are being utilized for compensation programs
Develop & deliver training for both Human Resources and management on a variety of total rewards programs.
5 - 8 years of compensation experience. Software/High Technology industry experience preferred
CCP (Certified Compensation Professional) highly desirable
Thorough knowledge & application of compensation/total rewards practices, principles and theories
Ability to influence the decision-making process and final outcome through detailed analysis/models, innovative recommendations, and demonstration of compensation expertise
Ability to multi-task in a fast paced environment, act with a sense of urgency, and be results driven and disciplined
Ability to contribute as a team member to the development of new compensation concepts, techniques and programs
Proficiency in MS Office applications (Excel, Word, PowerPoint, MS Access, etc.)
International compensation experience a strong plus
You're empowered when you're a Kronite.
Want to be part of an elite group of highly skilled professionals? We think our employees are a special group of talented, energetic, and innovative people. And for that reason, we refer to ourselves as Kronites. Kronites care about more than just work. We recognize the need to maintain a healthy work-life balance - to live inspired. In fact, it's expected! You'll soon learn that we take work and fun seriously. No matter what position you hold at Kronos, you're a Kronite. And we want you to feel like you have the power to make a difference in your life and the lives of others, at work and beyond.
Kronos is a global provider of workforce management and human capital management cloud solutions. Kronos' industry-specific workforce applications are purpose built for businesses, healthcare providers, educational institutions and government agencies of all sizes. Tens of thousands of organizations - including half of the Fortune 1000 - and more than 40 million people in over 100 countries use Kronos every day.
Kronos is proud to be an equal opportunity employer and is committed to maintaining a diverse and inclusive work environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, physical or mental disability, age, or veteran status or any other basis protected by federal, state, or local law.