Senior compensation analyst job description

Power up your career in the dynamic energy industry! UGI Corporation is an international energy distribution and services company that provides superior service in delivering a range of energy products. By operating as a best-in-class service provider, offering a great place to work, serving our communities and delivering value to investors, we aim to positively impact the lives of our shareholders, employees, customers and communities.
UGI Corporation (NYSE: UGI) is a holding company that distributes and markets energy products and services through our subsidiaries and the company's common stock is a balanced growth and income investment. UGI Corporation has paid common dividends for more than 135 consecutive years.
In addition to a challenging career and competitive compensation, our employees enjoy:
Generous and Family-friendly Health & Welfare Benefits Including:
• Medical, Vision, and Dental Plans
• Optional Health Savings Account
• Optional Dependent Care Savings Account
• Paid Maternity/Paternity Leave
• Prescription Coverage
• Life Insurance
• Disability Insurance
• Work from home policy
• Employee Assistance Program
Additional Benefits Include:
• 401K with a generous company match
• Tuition Reimbursement
• Assistance with Professional Credentialing
• Adoption Assistance
• Pet Insurance
• Referral Bonuses
• Employee Discount Programs
The Sr. Compensation Analyst under the direction of the Director, Compensation provides subject matter expertise to business aligned HRBPs along with supporting functional teams when needing compensation guidance. Additional responsibilities for job families and structures, job descriptions, base pay administration, data reporting and analytics. Administers the annual incentives program for assigned business unit including plan documentation, monthly monitoring, year-end calculations, and communications.
Job Responsibilities:
Works with managers and HR Business Partners to write new or updates to existing descriptions; recommends salary grades, salaries and titles while ensuring jobs have both internal equity and are competitive to the external market Partner with HR Business Partners and management as needed to provide advice and analysis for compensation and business challenges, including but not limited to talent retention, internal equity, market competitiveness, pay programs, pay decisions and policy interpretations
Partnering with the enterprise Compensation team; responsible for the setup and rollout of the annual merit process through the Success Factors platform for the UGI Enterprise; partners with Talent Management and HRIS teams to connect the performance review and merit process
Operationalizes and implements compensation plans within their assigned business unit in collaboration with the enterprise Compensation team, including annual guidelines for compensation administration (merit budgets and increase grids), incentive plans, sales commission plans and other base pay administration programs.
Under guidance of the Director - Compensation, manage compensation related projects across the UGI enterprise. Partners with HRIS team as needed to reflect changes to compensation plans, communicates changes to appropriate parties and provides input to HR Business Partners and management as needed. Analyzes system needs and recommends future changes and/or upgrades.
Conducts/participates in compensation surveys, attends conferences and seminars to maintain knowledge of competitive trends and practices, and use that information to provide input on internal compensation practices.
Job Requirements:
BA or BS degree in Human Resources, Accounting or related field 5+ years of experience CCP preferred Demonstrated ability to develop and present thoughtful financial models and analysis with the ability to recommend solutions to unique business problems. Must have ability to successfully perform independent in depth analysis The ability to develop strong relationships with key stakeholders inn a fast paced business environment Thorough understanding of short term incentive plans, concepts and designs Knowledge of all federal, state, and local regulations and compliance requirements related to US compensation standards and principals Must be self-driven and able to work autonomously
All offers of employment are contingent upon the successful completion of a background check and drug screen, subject to applicable laws and regulations.
UGI Corporation is an Equal Opportunity Employer. The company maintains and observes employment policies that do not discriminate against any person because of race, color, sex, sexual orientation, gender identity, national origin, religion, disability, age, ancestry and any other basis prohibited by federal, state or local law. This applies to recruiting, hiring, training, compensation, overtime, job classifications, work assignments, promotions, demotions, layoffs, terminations, transfers, and all other conditions of employment.

As a Senior Compensation Analyst, the ideal individual possesses strong financial modeling and excel skills. Must possess the ability to analyze large amounts of data and utilize that data to help tell the story and influence decision making. This role manages parts of major compensation initiatives and/or programs and develops, implements, and administers compensation policy and practices. Participates in salary surveys and studies labor markets to determine compensation trends. Applies job evaluation techniques to establish equitable compensation rates within the organization as compared with market. The right candidate will have the ability to analyze complex problems, multi-task and meet deadlines. The successful candidate is highly collaborative, displays excellent communication skills - both written and verbal - is an active listener, who can synthesize different data and viewpoints and understands the global context, workplace trends in our competitive environment.
ESSENTIAL DUTIES AND RESPONSIBILITIES:

- Carries out broad analysis assignments involving the development, implementation and administration of compensation.

- Evaluates jobs using standard job evaluation techniques; determines grades and supports the development and modeling of salary ranges.

- Supports annual processes such as merit, short term and long-term incentive processes. Partner with internal stakeholders to ensure data and system readiness to deliver such processes.

- On-going evaluation of the effectiveness of existing global compensation program design and guidelines.

- Utilizes survey management tool to effectively administer global compensation programs.

- Participates in salary surveys conducted by third parties.

- Remains current on all personnel policies, programs and practices and stays informed of new (and pending) laws and regulations.

- Act as internal consultant/advisor to managers and other HR staff. Makes recommendations to managers and HR Business Partners on all compensation issues; and interprets local, state, and federal laws regulating compensation practices.

- Create materials to effectively communicate compensation programs, policies and practices to employees and leaders.

- Conduct market and best practice research to formulate and support compensation recommendations.

We are eager to attract the best, so we offer competitive compensation and a generous benefits package, including full health insurance (medical, dental and vision), 401(k), life insurance, disability and the opportunity to participate in a company incentive plan.

What you'll do on a typical day:

• Collaborate in the maintenance and development of our compensation system including building formal salary ranges, assisting with creation of new processes for salary increases and administration, determining our approach to variable pay, and helping to provide education for leaders and individual contributors as it relates to the LTL business.
• Perform financial modeling to ensure viability of programs.
• Build compensation metrics, reports and tools to inform compensation program decisions and analyze business outcomes.
• Evaluate competitive practices, assess the business' position to market, and make recommendations to ensure that these plans are cost competitive and support the company's mission, values, and achievement of business objectives.
• Supports HR Business Partners and department leaders around appropriate guidance regarding pay decisions, policies and job evaluation.
• Support the gathering of insights by researching and networking with other companies to keep abreast of best practices and trends in compensation.
• Support creation of materials to effectively communicate compensation programs, policies and practices to employees and leaders.
• Manage participation in annual compensation surveys for Johanson, Willis Towers Watson, Mercer, MarketPay and CompAnalyst.
• Support the administration of the annual process for salary increases for LTL including system set-up, validation of data and distribution of reports.

What you need to succeed at XPO:

At a minimum, you'll need:

• Bachelor's degree or equivalent related work or military experience
• 2 years related compensation experience
• Experience with Windows applications and Microsoft Office programs such as MS Word, advanced Excel abilities to create complex formulas and queries

It'd be great if you also have:

• Masers degree in Business Administration, Human Resources, Finance or similar related field
• CCP credentials
• 3+ years related experience
• Strong aptitude for understanding and analyzing large amounts of data from multiple sources.

Be part of something big.

#LI-Remote

We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran or other protected status.

All applicants who receive a conditional offer of employment may be required to take and pass a pre-employment drug test.

The above statements are not an exhaustive list of all required responsibilities, duties and skills for this job classification.

Review XPO's candidate privacy statement here.

PandoLogic. Keywords: Compensation / Benefits Analyst, Location: Wayne, MI - 48184