- Provide internal consultant support on compensation matters relating to offers, promotions, terminations, retention, and internal equity and market adjustments;
- Evaluate and approve new jobs submitted by sectors, ensuring FLSA compliance and alignment with the company's compensation and job structure;
- Administer and help coordinate Annual Compensation Planning (ACP), including salary planning, Annual Incentive Plan, and Long-Term Incentive Plans. Assist in modifying and implementing new compensation programs;
- Facilitate analysis and reporting by working with compensation dashboards to identify any trends that should be shared with applicable sector;
- Participate in compensation surveys to collect and analyze competitive pay information to determine company's competitive position. Includes market data reviews and analysis of merit/equity budgets;
- Participate in Human Capital Management (HCM) implementation and provide ongoing support to manage integrity of the system. Continuously seek ways to improve processes and functionality of all HCM applications;
- Participate in compensation team meetings and projects to facilitate improvements to programs, policies and processes;
- Facilitate compensation program compliance with federal and state legislation (i.e. FLSA, EEO) as well as audit support agencies (i.e. DCAA) and pay equity analysis. Support program proposals and compliance audits. May assist in negotiations with audit agencies to minimize potential compensation related exposure.
- Opportunity for career growth/long term opportunities;
- Build relationships with stakeholders across the organization and external partners;
- Flexible work options. 9/80 schedule allowing every other Friday off;
- 6% match, with immediate vesting on 401(k) contributions;
- Excellent benefits - Medical/Dental/Vision, PTO and Personal Holiday Hours;
- Ability to participate in our Multicultural Network supporting several employee resources groups (ERGs).
- Bachelor's Degree and 4 years' work experience;
- Excellent analytical and problem solving skills;
- Ability to interpret complex compensation data and present it to coworkers clearly and succinctly;
- Good negotiation skills;
- Proficiency in Microsoft Excel.
- Bachelor's Degree and 4-7 years' work experience;
- Certified Compensation Professional (CCP).
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Senior Compensation Analyst - Falls Church, United States - BAE Systems
Description
Job DescriptionWhat's it like working at BAE Systems? In a word, Remarkable. We are committed to employee growth and development, enabling employees to build a long-term career at BAE Systems. With this in mind, we are looking for an experienced, self-motivated individual who is looking for an expanded scope of responsibility to join our compensation team.
The Senior Compensation Analyst's primary objective will be to implement and administer compensation programs for assigned sectors of BAE Systems, Inc.
In this role you will:
Required Education, Experience, & Skills
Preferred Education, Experience, & Skills
Pay Information
Full-Time Salary Range: $ $133870
Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics.
About BAE Systems, Inc.
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it's what we do at BAE Systems. Working here means using your passion and ingenuity where it counts - defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team-making a big impact on a global scale. At BAE Systems, you'll find a rewarding career that truly makes a difference.
Our Commitment to Diversity, Equity, and Inclusion:
At BAE Systems, we work hard every day to nurture an inclusive culture where employees are valued and feel like they belong. We are conscious of the need for all employees to see themselves reflected at every level of the company and know that in order to unlock the full potential of our workforce, everyone must feel confident being their best, most sincere self and be equipped to thrive. We provide impactful professional development experiences to our employees and invest in social impact partnerships to uplift communities and drive purposeful change. Here you will find significant opportunities to do meaningful work in an environment intentionally designed to be one where you will learn, grow and belong.
BAE Systems is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity Employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, marital status, national origin, age, veteran status, disability, or any other protected class. Important Company Notices and SCAM Alert