- Provides support to implementation, analysis and administration of compensation programs for various associate groups, including exempt, non-exempt and management.
- Establishes collaborative relationships with peers, Human Resources (HR) partners and business unit leaders. Represents compensation interests and simultaneously responds to the needs of the business unit; resolves issues with minimum noise; is seen as a great teammate. Gains trust and support of peers and customers through dedication to consistently delivering results, while encouraging collaboration.
- Takes direction from the compensation consultant to review job evaluation requests and take action to market match, slot and price each role.
- Assists in all phases of the survey process. This includes participation in all surveys, responding to routine survey vendor requests, analysis of the returned survey data and coordinating the impact of survey data on the placement of jobs within the Nationwide structure
- Conducts data analysis and modeling with a high level of attention to detail.
- Implements and maintains compensation systems, including system testing and data integrity audits. May maintain centralized email.
- Maintains compliance with all state and federal employee relations/compensation statutes and legislation, including: FLSA, determining exemption status of jobs and assessing classification of associates, minimum wage (CA IT professionals) and pay equity, etc.
- Serves, as required, on project teams and manages projects with direction. May represent the office of compensation on task forces, and committees and project assignments.
- Makes process improvement recommendations to improve efficiencies and increase customer satisfaction. Uses technology to increase efficiencies. Makes recommendations on new processes, current products, and new products that add value to the customer.
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Sr Analyst, Compensation - Columbus, United States - Nationwide Private Client
Description
If you're passionate about becoming a Nationwide associate and believe you have the potential to be something great, let's talk. At Nationwide, "on your side" goes beyond just words. Our customers are at the center of everything we do and we're looking for associates who are passionate about delivering extraordinary care.This hybrid Columbus based role is compensation grade E4.
Job Description Summary
Do you thrive where you can build a strong corporate culture, develop and lead strategic initiatives, and support associates developing to their fullest potential? At Nationwide, our Corporate Compensation team understands the business and collaborates with our Human Resources partners and leaders to help the business grow.As a Senior Compensation Analyst, you will provide compensation consulting and support to the compensation consultants and directors by implementing and administering various compensation programs for multiple business/staff units. You'll be involved in conducting position evaluations, preparing job descriptions, creating reports and conducting research and analysis on internal and market data. If you possess the ability to communicate effectively, have good evaluation skills and can convey information in understandable manner, this role is for you
Job Description
Key Responsibilities:
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Director, Compensation or Senior Consultant, Compensation. This is an individual contributor role.
Typical Skills and Experiences:
Education: Undergraduate studies in areas such as business administration, human resource management, psychology or related areas preferred.
License/Certification/Designation: Courses toward Certified Compensation Professional (CCP) designation preferred.
Experience: Typically, two or more years of related experience in compensation-related field. Project management experience a plus. Prefer business/insurance experience as well.
Knowledge, Abilities and Skills: Demonstrated knowledge in general compensation theory and practices, including job analysis, design, evaluation and salary administration. Demonstrable knowledge in human resources subject areas, e.g., recruitment and selection, training and development, performance management, organizational change, organization design and legal compliance. An understanding in statistical concepts and analysis used in making compensation decisions and competitor analysis. Knowledge of insurance operations, including revenue, expense, reserving and organizational characteristics a plus.
Able to conceptualize a business problem, define relevant issues, determine a methodology for exploring the problem, define alternatives and develop recommendations. Project management and process improvement skills. Developed verbal and written communication. Good decision-making skills as well as possesses analytical skills.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the SVP, Compensation, Benefits & HR Operations and SVP, Human Resources.
Values: Regularly and consistently demonstrates the Nationwide Values.
Job Conditions:
Overtime Eligibility: Not Eligible (Exempt).
Working Conditions: Normal office environment. Occasional travel. Non-standard or extended work may be required based on project needs.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more.
