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Lead Compensation Processes Analyst - Houston, United States - LyondellBasell Industries
Description
LyondellBasellBasic Function
As a member of our Global Compensation and Mobility team, you will evaluate and implement compensation plans, policies, and procedures to meet business objectives and competitive practices and provide leadership, guidance, and support in the area of compensation strategy, pay compliance and administration.
This position will lead compensation activities for the US and Latin America Manufacturing sites and provide support for pay compliance and fairness processes at the global level.
Roles & ResponsibilitiesCompensation:
Monitor the effectiveness of existing compensation policies, guidelines, and procedures for the Americas Manufacturing sites. Recommend revisions to existing plans as well as develop new plans that are cost effective and consistent with compensation trends and corporate objectives
Lead the union and non-union hourly rates process including annual market review of pay rates. Partner closely with HRMS to ensure pay updates are effective in the system in a timely manner
Serve as a subject matter expert to Human Resources colleagues, management, and employees on Manufacturing compensation issues. Respond to questions and requests in a timely and professional manner.
Maintain knowledge of compensation trends pertaining to pay rates, short-term incentives, allowances and other site-specific pay.
Own and manage site specific compensation policies
Perform job evaluation and benchmark pricing requests using location and industry-specific competitive market data
Participate in the annual bonus cycle to include coordination of scorecards, Leadership Team reviews, accruals, cost analysis, data validation and calculation of individual bonus outcomes
Communicate new compensation plans and changes to existing plans by preparing announcement materials, booklets, and other media for management and Human Resources colleagues
Maintain knowledge of global compensation laws and regulations to ensure compliance.
Support special projects as needed
Pay Compliance and Transparency:
Monitor pay compliance legislation in the US and Europe
Work with the Legal team to assess data requirements necessary to comply with the EU Directive and US state reporting requirements
Support the development of material for external reporting
Prepare semi-annual pay equity analyses using Syndio tool
Provide training to HRBPs on practices to support pay fairness
Develop dashboards to monitor progress
Min. Qualifications
Bachelor's degree in Human Resources, Management, Finance or related field (required)
A minimum of 5+ years of progressive experience in compensation (required)
CCP Certification (preferred)
Experience in Manufacturing environment (preferred)
Strong analytical skills and advanced Microsoft Excel skills (required)
Excellent written and verbal communication skills
Ability to interface effectively with Human Resources colleagues and management
Ability to work on multiple, diverse projects in a fast-paced environment
#LI-Hybrid
#LI-JC1
Competencies
Builds effective teams
Collaborates
Cultivates innovation
Customer focus
Demonstrates courage
Drives results
Ensures accountability
Instills trust and exemplifies integrity
We are LyondellBasell - a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to champion our employees, and unlock value for customers, investors and society.
LyondellBasell places high priority on diversity, equity and inclusion and is strongly committed to our planet, the communities where we operate and our future workforce.
As one of the world's largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare.
For more information, please visitor follow @ on LinkedIn.
Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.
LyondellBasell does not accept or retain unsolicitedresumes or phone calls and/or respond to them or to any third party representing job seekers.
We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics.
The US EEO is the Law poster is available .#J-18808-Ljbffr