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Sr. Compensation Analyst - Houston, United States - Toshiba International Corporation
Description
Toshiba International Corporation is a world leader in the design and manufacture of motors, motor controls and power electronics products.
Many of these products are designed, built and tested in our 1,000,000 square foot state-of-the-art manufacturing facility in Houston, TX.
We have developed a totally integrated manufacturing process from research and development, design, engineering, production and manufacturing to after-market service and sales & marketing.
Toshiba differentiates itself from its competitors through its commitment to quality and reliability. We build products to perform in the most difficult conditions.From raw material to the finished product, we assure exacting quality, engineering excellence and stringent testing to meet domestic and international performance standards.
The Senior Compensation Analyst is a hands-on individual contributor, who plays a key role in planning, developing, implementing, administering, and maintaining compensation programs supporting Toshiba's Total Rewards strategy.
This position helps lead program management and administration of multiple broad based compensation programs including, but not limited to, executive compensation, salary surveys, variable compensation, sales compensation, and salary and job classification structure creation and maintenance.
Additionally, the role provides compensation data analysis to solve non-routine, complex business needs, leads compensation project initiatives, develops solutions to support analyses and/or processes including system enhancements, and ensures programs follow federal and state regulations.
Compensation Administration Responsibilities:
Administers, communicates, and reports on the overall Compensation Programs and structure, including job and market analysis, evaluation, document and benchmarking at all levels, participation in compensation surveys, and creation of job family and career progression design.
Helps lead the annual salary planning process, including analysis, budgeting, cyclical and off-cycle compensation processes (including sales and incentive programs); works with HR and Finance leadership in coordinating fiscal year updates as well as future year budgets and forecasts.
Helps drive the design, messaging, and tone of Compensation Programs, creating communication for internal and external use, and participating in the technical design and decision making of other total rewards elements such as Rewards and Recognition and Work-Life.
Analyzes compensation data, trends, and metrics, with the ability to make high level/big picture judgements along with proposals for future structures, programs, and process improvement initiatives.
Provides Compensation Program recommendations, consultation, and training, while collaborating with HR business partners and business leaders to support the development and maintenance of compensation programs.
Creates compensation due diligence and/or integration analysis for mergers and acquisitions.Has expertise in software solutions to implement and promote system automation, manager self-service and employee self-service, aimed at enhancing the efficiency and effectiveness of the Total Rewards function.
Supports and helps lead change management and communication plans for large-scale projects.Collaborates cross-functionally to align compensation programs with business objectives, providing data-driven insights and recommendations to support informed decision-making.
Proactively seeks new insights and approaches contributing to the continuous improvement of compensation programs and processes.
Provides data and analytical support which may include, but is not limited to, developing, running, downloading, and formatting management reports, creating job and pay matrices, testing software for business, functional, UAT, data accuracy, and mathematical accuracy.
Provides coverage backup for Compensation Specialist for vacations and support when needed.Other duties as assigned.
Program Management Lead Responsibilities:
Serves as lead on compensation programs, projects and/or processes, including the preparation and administration of applicable supporting systems. Prepares and maintains project plans, tracks project progress, and prepares reports for project stakeholders.
Works with team leadership to complete high priority projects, determines project priorities, and interacts with cross-functional departments to manage data flow and deadlines.
Documents processes, recommends improvements, and develops job aids.Reviews project requirements, identifies interdependencies with internal or external departments or service providers, delegates responsibilities, if applicable, and ensures that work is completed as needed.
Schedules relevant team or cross-functional meetings to ensure project success and to facilitate collaboration. Serves as a liaison between systems teams and compensation team for systems changes. May develop user documentation or training materials.Develops solutions and tools to support compensation analyses or processes - most commonly with Microsoft Excel but may also involve other relevant tools.
Communicates requirements to the systems team using specifications, project plans, or other forms of documentation.Coordinates with systems teams, and compensation team to test processes and functionality.
Other duties as assigned.
Education:
Bachelor's degree in human resources, actuary sciences, business administration, finance, or related field required.
Certified Compensation Professional (CCP) certification a plus
Experience:
5 to 8 years of compensation experience with an employee population of 1000 plus employees; preferably including 2 years of experience leading compensation programs and initiatives.
Has in-depth experience and knowledge of compensation policies and practices including market pricing, compensation structure creation and maintenance (including all market competitive compensation elements), and laws and regulations.
Strong quantitative, analytical, project management, problem solving, and process design/improvement skills. Ability to research current HR trends and make proposals with data in a compelling and succinct way. Possesses a strong sense of urgency, resourcefulness, and attention to detail.Advanced knowledge in Microsoft Office such as Word, Excel (i.e. pivot tables, VLOOKUP, etc.), PowerPoint, and HR systems (experience with UKG preferred). The ability to quickly get up to speed and master new applications and software is critical.
Ability to independently manage time effectively and prioritize tasks, showing ownership of one's work, managing multiple projects and priorities simultaneously while delivering core responsibilities.
Positive, professional demeanor with excellent interpersonal skills; possesses critical thinking skills, is results-oriented, takes initiative to improve their own performance, works intensely towards challenging goals and persists in the face of obstacles or setbacks while maintaining quality of work, agile and comfortable with changing priorities.
Deep personal commitment to integrity, excellent judgment, and the highest standards of ethics.Must display the highest level of diplomacy, tact, and discretion, with comfort in handling and maintaining confidential information.
Seasoned presenter and business writer, with the ability to communicate with all levels in the organization, including C-Suite, formally and informally using multiple types of media.
Demonstrates a collaborative relationship across company departments.Working Environment:
Most of the work takes place in an office and the work environment is that of a typical office environment in a manufacturing setting where noise levels are usually moderate.
Toshiba International Corporation (TIC) is an equal opportunity employer. We are committed to providing a workplace that is free from discrimination of any kind.
We value diversity and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, veteran status, or any other characteristic protected by applicable laws.
At TIC, we believe in creating an inclusive environment where all employees feel valued, respected, and supported.We embrace diversity as a core strength and recognize that it enhances our ability to deliver innovative solutions and superior service to our clients and customers.
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