Senior Compensation Analyst
Bethesda, MD - USA
Job Summary
As a Senior Compensation Analyst you will be a key member of the Total Rewards team reporting to the Director Total Rewards. You will help shape and advance Liquidity Services global compensation programs ensuring our practices remain competitive scalable and aligned with our compensation philosophy. You will own our global job architecture including job families sub-families career levels job profiles and related HRIS structures. Using your compensation expertise market data and analytical skills you will conduct market pricing and benchmarking evaluate and level new and open roles manage annual compensation survey submissions and develop data-driven recommendations that support consistent and competitive pay decisions.
You will lead the annual merit and bonus processes from end to end including project planning data validation manager instructions and communications administration auditing and reporting. You will partner with HRIS on system configuration and testing and support the Director Total Rewards with bonus and commission programs materials and communications. You will collaborate closely with Talent Acquisition HR Business Partners HRIS Finance Legal and business leaders.
Responsibilities
Job Architecture & Market Benchmarking
- Own and enhance our global job architecture including job families sub-families career levels job profiles titles and related compensation structures.
- Lead job architecture projects that support organizational design career development workforce planning and talent acquisition.
- Market price and level new open and changing roles across corporate information technology sales and warehouse operations.
- Manage annual compensation survey participation including job matching data validation survey submissions analysis of results and maintenance of market benchmarks.
- Monitor compensation trends and market practices and translate findings into recommendations for the Total Rewards team and business leaders.
Annual Compensation Programs
- Lead the annual merit and bonus processes from end to end including planning data preparation manager materials and communications administration auditing and reporting.
- Partner with HRIS to define business requirements and support system configuration testing data validation and issue resolution.
- Develop clear instructions tools and resources that help managers navigate compensation processes.
- Support the Director Total Rewards with bonus and commission programs analyses materials and communications.
Compensation Partnership & Compliance
- Develop compensation analyses and recommendations for new hires promotions market adjustments job changes and other pay decisions.
- Partner with Finance Legal Talent Acquisition HR HRIS managers and business leaders to address compensation needs and support consistent program administration.
- Stay current on applicable pay laws and regulatory requirements including minimum wage and salary basis requirements and recommend updates to compensation practices and processes.
- Identify opportunities to strengthen compensation processes reporting data integrity controls and the manager experience.
Qualifications
Education/ Experience:
Minimum of five years of broad-based compensation experience including at least three years focused on job architecture market pricing and benchmarking required.
Demonstrated experience maintaining and improving job architecture including job families career levels job profiles and salary structures required.
Experience using major compensation survey providers such as Radford McLagan Willis Towers Watson or Mercer required.
Experience supporting compensation programs in a multinational organization including the United States India and the United Kingdom preferred.
Experience evaluating and benchmarking hourly warehouse sales and information technology roles preferred.
Sales compensation experience preferred.
Certified Compensation Professional designation preferred.
Skills and Abilities:
- Strong knowledge of broad-based compensation job architecture market pricing salary surveys and compensation administration.
Advanced Microsoft Excel skills including data analysis modeling reconciliation and reporting.
Strong analytical and problem-solving skills with the ability to translate complex data into practical recommendations.
Exceptional attention to detail and commitment to producing accurate clear and well-documented work.
Ability to independently manage multiple priorities and deliver high-quality results in a fast-paced environment.
Strong communication skills with the ability to explain compensation concepts clearly to managers and business partners.
Ability to build effective partnerships across HR Finance Legal Talent Acquisition HRIS and the business.
Ability to translate compensation requirements into clear business requirements and partner with HRIS on system testing and data validation.
Work Conditions/ Physical Demands:
- This position is performed primarily in a remote homeoffice environment. The role requires prolonged periods of sitting and working at a computer including the use of standard office equipment such as a keyboard mouse and phone. The employee must be able to communicate effectively via video phone and electronic communication. Minimal physical exertion is required.
Travel:
- Occasional travel may be required for meetings training or business needs (up to 10%).
Pay & Benefits:
Compensation is determined by various factors such as location education knowledge skills competencies and experience as well as internal and external equity and organizational needs. Additionally this role is eligible for an annual discretionary bonus.
The salary range for this position is $88700 to $110000 annually. The posted range reflects our national average range for the job. We may ultimately pay more or less than the published range based on the factors mentioned above. This range may be modified in the future.
At Liquidity Services we provide a comprehensive benefits package that supports our employees well-being and provides growth opportunities and career development. Our offerings include:
- Competitive wages
- Healthcare (medical dental vision prescription drugs FSAs)
- 401(k) plan
- Paid time off (PTO) and holidays
- Paid parental leave
- Life and disability insurance
- Employee Assistance Program (EAP)
- Professional development and tuition assistance
Disclaimer: The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. Liquidity Services Inc. reserves the right to modify position duties at any time due to business necessity.
Liquidity Services is an Equal Opportunity Employer.
Required Experience:
Senior IC
About Company
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