Senior Analyst, Compensation

Senior Analyst, Compensation

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage and analyse compensation programs while collaborating with HR partners.
  • Company: Join The J.M. Smucker Company, a community-focused organisation committed to employee well-being.
  • Benefits: Enjoy hybrid work options, competitive pay, and a supportive workplace culture.
  • Why this job: Be part of a bold team that values kindness and strives for excellence in compensation solutions.
  • Qualifications: Bachelor's degree and 3+ years in compensation with strong analytical skills required.
  • Other info: Located in Orrville, OH, close to Cleveland/Akron, with a focus on employee growth.

The predicted salary is between 36000 - 60000 £ per year.

Your Opportunity as the Senior Analyst, Compensation

The Senior Analyst, Compensation is tasked with managing the analysis and administration of Compensation Programs and Practices in alignment with The J.M. Smucker Total Rewards Strategy. Manages the relationship for multiple client groups and HR business partners serving as a primary point of contact on Compensation matters. Collaborates with assigned client groups and HR business partners to solve business challenges through compensation solutions. Supports, and sometimes leads, the effective and consistent application of compensation administration policies and practices. Maintains and administers various compensation-related data management systems, determines and executes the deployment approach for annual and ad hoc compensation programs and initiatives.

Location: Orrville, OH (Close proximity to Cleveland/Akron)

Work Arrangements: Hybrid ~30% in office presence

In this role you will:

  • Conduct job analysis and evaluation of hourly, salary, and management positions (including appropriate title, salary grade, pay and incentive level, job code EEO and FLSA classification, etc.); audit evaluation of positions and application of existing positions.
  • Under general direction, lead components of the annual compensation planning process, including annual and mid-year planning and incentive cycles while managing systems that support the planning cycles.
  • Manage the compensation relationship for multiple client groups. Serve as a primary point of contact for assigned client groups and HR business partners on Compensation matters.
  • Collaborate with assigned client groups and HR business partners to solve business challenges through compensation solutions in alignment with company and Total Rewards strategy.
  • Manage salary structures, including the geographic differential process.
  • Own the third-party compensation survey management tool, including data management, reporting and compensation survey submissions.
  • Handle a variety of compensation-related items in Workday.
  • Respond to audit inquiries and provide SOX documentation as needed.
  • Maintain all Workday compensation training and resource materials.
  • Possibly assist with design and support of broader rewards programs.

The Right Place for You

We are bold, kind, strive to do the right thing, we play to win, and we believe in a strong community that thrives together. Our culture is rooted in our Basic Beliefs, and we believe in supporting every employee by meeting their physical, emotional, and financial needs.

What we are looking for:

  • Minimum Requirements: Bachelor's Degree.
  • 3+ years' experience in Compensation.
  • Advanced Excel skills and experience with Microsoft tools and applications.
  • Experience with Human Resources Information Systems (Workday preferred).
  • Analytical and problem-solving skills.
  • Demonstrate a high degree of confidentiality and sensitivity to compliance-related matters.
  • Attention to detail.
  • Excellent verbal and written communication skills.
  • Able to process complex information and identify solutions that meet both internal and business partner requirements.
  • Demonstrate ability to handle ambiguity and fluid situations, demonstrating a pragmatic approach.
  • Proficient interpersonal skills and the ability to successfully work with internal stakeholders and colleagues to contribute solutions, ideas, identify opportunities, and contribute to positive outcomes.
  • Knowledge of standard business practices and professionalism in a customer service environment are essential.
  • Ability to influence others, identify problems, and recommend a course of action.

Senior Analyst, Compensation employer: The J.M. Smucker Company

At The J.M. Smucker Company, we pride ourselves on being an exceptional employer, offering a vibrant work culture that values boldness, kindness, and community. Located in Orrville, OH, just a stone's throw from Cleveland and Akron, our hybrid work model promotes flexibility while ensuring employees thrive both personally and professionally. With a strong commitment to employee growth, comprehensive benefits, and a focus on meeting the diverse needs of our workforce, we empower our team members to excel in their roles and contribute meaningfully to our Total Rewards Strategy.
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Contact Detail:

The J.M. Smucker Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Analyst, Compensation

✨Tip Number 1

Familiarise yourself with the Total Rewards Strategy of The J.M. Smucker Company. Understanding their approach to compensation will help you align your discussions and solutions with their goals during interviews.

✨Tip Number 2

Brush up on your analytical skills, especially in relation to compensation data management systems like Workday. Being able to demonstrate your proficiency in these tools can set you apart from other candidates.

✨Tip Number 3

Prepare to discuss specific examples of how you've solved business challenges through compensation solutions in your previous roles. This will showcase your problem-solving abilities and your experience in managing client relationships.

✨Tip Number 4

Network with current or former employees of The J.M. Smucker Company on platforms like LinkedIn. Gaining insights into their company culture and expectations can give you a competitive edge during the interview process.

We think you need these skills to ace Senior Analyst, Compensation

Compensation Analysis
Job Evaluation
Advanced Excel Skills
Human Resources Information Systems (Workday)
Analytical Skills
Problem-Solving Skills
Attention to Detail
Verbal and Written Communication Skills
Interpersonal Skills
Confidentiality and Compliance Awareness
Ability to Handle Ambiguity
Customer Service Orientation
Influencing Skills
Data Management
Compensation Survey Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in compensation analysis and administration. Emphasise your analytical skills, attention to detail, and any specific tools you've used, such as Workday or advanced Excel.

Craft a Compelling Cover Letter: In your cover letter, explain why you're passionate about compensation management and how your previous experiences align with the responsibilities outlined in the job description. Mention your ability to collaborate with HR business partners and solve business challenges.

Showcase Relevant Skills: Clearly list your skills that match the job requirements, such as analytical problem-solving, communication skills, and proficiency in HRIS. Use specific examples to demonstrate how you've successfully applied these skills in past roles.

Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Senior Analyst role.

How to prepare for a job interview at The J.M. Smucker Company

✨Showcase Your Analytical Skills

As a Senior Analyst, Compensation, you'll need to demonstrate strong analytical and problem-solving skills. Be prepared to discuss specific examples from your past experience where you've successfully analysed compensation data or solved complex issues related to compensation.

✨Familiarise Yourself with Workday

Since the role involves handling various compensation-related items in Workday, it's crucial to have a good understanding of this system. If you have prior experience with Workday, be ready to share how you've used it effectively in your previous roles.

✨Prepare for Scenario-Based Questions

Expect questions that assess your ability to handle ambiguity and fluid situations. Think of scenarios where you've had to adapt your approach to meet the needs of different client groups or HR partners, and be ready to explain your thought process.

✨Demonstrate Strong Communication Skills

Excellent verbal and written communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, and prepare to discuss how you've effectively communicated complex compensation concepts to stakeholders in the past.

Senior Analyst, Compensation
The J.M. Smucker Company
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