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Compensation & Benefits Analyst
Location:
Austin, TX
Description:
Who We Are Thermon, Inc. ( NYSE: THR) serves the global Energy, Power Generation and Chemical markets to provide innovative solutions for industrial heating applications by deeply understanding our customers' needs. We specialize in providing complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions. Through our values, Care, Commit and Collaborate , Thermon strives to be the world leader in process heating solutions by creating a culture of passionate people that are dedicated to anticipating customer needs. We are currently recruiting for a Compensation & Benefits Analyst. Overview We are seeking a game changer - a data guru, spreadsheet-loving, creative thinking, fact-based analyst. Someone who can dive deep and provide reliable information to help make the best possible decisions for our business and employees. This is a great opportunity for a multi-faceted highly analytical professional who is looking for an opportunity to make an impact in a diverse, fast-paced business environment. Play a significant role in the design, development, and administration of base and variable compensation, benefits, and other components of total rewards. This role will report to the Director, Compensation and Benefits located in Austin, TX. Key Responsibilities and Accountabilities Proven body of knowledge in compensation/rewards and benefits principles, best practices, legal and regulatory requirements Contribute to the design, development, and implementation of compensation and rewards programs and infrastructure Contribute to the design, development, and implementation of global benefits programs and infrastructure Supports the administration of the annual merit increase and bonus cycles from communication to training to modelling, monitoring and finalizing cycles Support analysis, design, development and management of variable incentive and equity compensation programs Support analysis, design, development and management of global benefits Administer the US Benefits, including open enrollment Assists with auditing data in HRIS for data accuracy Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends Develop or improve policies, guidelines and tools for compensation and benefits programs and serve as subject matter expert for development and delivery of communication and training for compensation, benefits, and rewards programs Audit and reconcile benefits bill to employee selections Collaborates with HR team and internal stakeholders across the organization to identify and resolve compensation- and benefit-related issues and inquiries Collaborates with HR team on developing, reviewing and/or revising job descriptions Builds ad-hoc reports and runs reports. Organizes data (primarily in MS Excel) in a meaningful way. Assists with HRIS configuration Assists with managing vendor interfaces and troubleshooting issues Supports HR initiatives by researching and analyzing data or by participating in projects Responsible for maintaining the calendar of applicable Compensation & Rewards programs, initiatives compliance and reporting requirements, etc. and ensure that activities are scheduled and delivered based upon internally developed timelines and legal and contractual requirements Responsible for maintaining the calendar of applicable Benefits programs, initiatives compliance and reporting requirements, etc. and ensure that activities are scheduled and delivered based upon internally developed timelines and legal and contractual requirements Contribute to knowledge transfer and skill development in Compensation, Rewards, and Benefits to HR team members Keeps apprised of federal, state, local laws and regulations to ensure compliance Maintain current knowledge on compensation, benefits, and laws and regulations, tools, theories, and practical applications Exercises independent judgment with direction from supervisor Adheres to all company policies, including but not limited to, OSHA, HIPAA, compliance and Code of Conduct Collaborate with the HRIS Manager to develop infrastructure in our Workday platform to maximize efficiencies leveraging technology and approach to job codes, job families, leveling, and other components in the management and administration of programs Develop and maintain job profiles and applicable leveling/attributes, program participation, conduct Job evaluations, FLSA review etc. Conduct analysis for various initiatives, investigations, and other business needs related to compensation, benefits and other rewards Key Characteristics, Competencies and Skills Humility : Is comfortable in own skin and wants credit to go to the team for business achievements. Not afraid to ask for help and seek guidance when needed. Receives criticism with grace and is willing to change direction when presented with a better solution. Practices servant leadership. Drive for Results : Is high energy, action oriented and focused on producing good outcomes. Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others forward to the goal. Champions Integrity and Trust : Is widely trusted; is seen as a direct, truthful individual; can present the unvarnished truth in an appropriate and helpful manner; keeps confidences; admits mistakes; doesn't misrepresent him/herself for personal gain. Intellectual Horsepower : Able to grasp complex issues and understand the essence of the challenges at hand. Assimilates new information quickly and does not get overwhelmed when needing to move quickly from one topic to another. Change Agility : A change leader; creates effective plans to promote change; knows how to manage in changing circumstances; strongly advocates an independent point of view but can be counted on to execute management decisions and strategies; understands the need for change before being told; seizes opportunities. Customer Focus : Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect. Decision Quality : Makes good, timely decisions based upon a mixture of analysis, wisdom, experience, and judgment; most of his/her solutions and suggestions turn out to be correct and accurate when judged over time; sought out by others for advice and solutions. Able to move forward without all of the data. Dealing with Ambiguity : Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn't upset when things are up in the air; doesn't have to finish things before moving on; can comfortably handle risk and uncertainty. Collaboration : Is able to develop strong relationships with leaders and employees at all levels and areas of responsibility within the company and is able to work effectively across functional boundaries in a matrix environment. Problem Solver : Steps up to conflicts, seeing them as opportunities; reads situations quickly; good at focused listening; can hammer out tough agreements and settle disputes equitably; can find common ground and get cooperation with minimum noise. Deals fairly with non-performance and is unafraid to deliver tough messages when necessary. Qualifications Strong analytic and process mind-set with insatiable curiosity, and ability to resolve complex issues Project/program management, time management and superior organizational skills and attention to detail Mind-set of continuous improvement, adapts quickly to change, and ability to rapidly assimilate new information Demonstrated experience in or more of the following areas: compensation analysis, HR analysis, financial analysis, or benefits analysis Bachelor's degree preferred High level of personal integrity, ethics, and initiative; strong interpersonal skills Ability to partner effectively with all levels Hands on experience with Workday (or equivalent ERP system) Proficient in Microsoft Office
Company:
Thermon
Posted:
December 26 2023 on ApplicantPro
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More About this Listing: Compensation & Benefits Analyst
Compensation & Benefits Analyst is a Human Resource Analyst Job at Thermon located in Austin TX. Find other listings like Compensation & Benefits Analyst by searching Oodle for Human Resource Analyst Jobs.
Compensation & Benefits Analyst is a Human Resource Analyst Job at Thermon located in Austin TX. Find other listings like Compensation & Benefits Analyst by searching Oodle for Human Resource Analyst Jobs.