Compensation Analyst jobs in Virginia
Recently Added Compensation Analyst jobs
Compensation Analyst
- MyEyeDr.
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Vienna, VA
FULL_TIME
-
Description
About the role
The Compensation Analyst acts as a project manager and provides advanced analytical expertise to the planning, design, development, and administration of compensation and total rewards programs across the organization. Principal outcomes of this position include executing, modeling, and recommending strategies and programs that maximize competitive offerings, drive business results and support MyEyeDr.’s strategic goals in a cost-effective manner.
The Compensation Analyst provides key insights to internal stakeholders and business partners to develop, evaluate and support base pay and variable pay programs. This position will interface regularly with HR Business Partners and multiple levels of leadership to ensure compensation components are competitively positioned and effectively attract, retain, recognize, and reward top talent while ensuring MyEyeDr. remains an employer of choice.
The Compensation Analyst will report to the Director, Compensation and is a hybrid role, offering a flexible work arrangement based out of MyEyeDr.’s Home Office in Vienna, VA.
You Will- Work collaboratively and influentially on projects with cross-functional business partners including but not limited to Accounting, Finance, Legal, Operations, Communications, and IT to achieve desired business outcomes.
- Provide analysis to deliver effective, accurate and competitive pay programs to our Associates and Optometrists in support of their work with our patients.
- Assist in designing, implementing, and maintaining MyEyeDr.’s job architecture, career levels, and pay bands in conjunction with management and HRBPs.
- Audit jobs for content and prepare job descriptions reflecting job responsibilities, activities, duties and requirements.
- Perform market analysis of MyEyeDr’s jobs to determine competitive positioning and recommend base pay changes. Responsible for data implementation, auditing and data validation, and system analytics.
- Provide guidance to management regarding salary changes associated with promotions, demotions, transfers, and relocations as well as market and equity adjustments. Recommend corrective or alternative actions to resolve compensation-related concerns.
- Conduct job evaluations and reviews job classification and reclassifications requests: quality controls the job classification process for both exiting and newly created positions as well as auditing existing classifications.
- Monitor regulatory legislation and audit to identify potential compensatory, operational, and financial impacts. Ensure compliance with existing federal, state, and local compensation related regulations (Minimum Wage, FLSA, EEO-1, Wage & Hour). Monitor cost of wage geographic differentials.
- Assist in the planning and administration of annual salary review cycles, manage off cycle processes and budget preparation. Ensure compensation programs follow internal and external regulations and policies.
- Assist with the creation and modification of compensation operation policies, guidelines, procedures, and compliance documentation.
- Participate in salary surveys, analyze survey results to determine MyEyeDr.’s competitive position, and make recommendations relative to benchmarking jobs.
- Assist in projects that support compensation design, including data collection, data analysis, presentation development, communication, and program implementation.
- Provide recurring and ad-hoc HR reports and statistics as needed.
- Support the design, communication, and implementation of incentive plans.
- Assists with the development of variable pay plans, various incentive metrics, analyses, and account reconciliations. May audit and maintain quota tracking reports, quota changes, and pay plan changes.
- Calculates monthly and quarterly commission payments for participants on a variable compensation plan.
- May assist with compilation of monthly financial reporting, forecasts and assist with budget preparation.
- 4 years of experience in the analysis, design, and administration of compensation programs; including experience working with job architecture and multiple surveys.
- Bachelor’s Degree in Human Resources, Business Administration, Mathematics, Finance, or related field.
- Certified Compensation Professional (CCP) or Compensation Management Specialist (CMS) preferred.
- Strong auditing and incentive/commission calculation experience.
- Strong analytic and quantitative skills, with a track record of managing compensation projects. Able to audit and analyze large data sets efficiently.
- Solid working knowledge of HR regulations and Compliance needs related to Compensation.
- Experience in job leveling and pay band development
- Working knowledge of compensation practices, principles and regulations required; experience at large multi-state companies preferred.
- Excellent written and verbal communication skills. Ability to be influential with impactful presentation skills.
- Advanced Microsoft Office experience: in particular, Word, PowerPoint, and Excel experience that includes VLOOKUP, pivot tables, charts, regression analysis, and nested function statements.
- Detail-oriented strategic thinker and strong with data and analytics. Ability to capture and analyze large compensation data files and create Excel-based models, proficient with complex formulas.
- Exhibit proactive drive and intellectual curiosity to conduct research, streamline processes, assess opportunities, model improvements, and make proposals to ensure that MyEyeDr.’s compensation practices are aligned with business strategies.
- Able to maintain confidentiality of information and privacy of associate information.
- Career Development and Training Opportunities
- Participate in a comprehensive benefits package including medical and dental coverage, tax-free savings plans, life insurance and more
- Participate in our Vision coverage and associate discounts on our products
- Participate in our 401(k) with competitive company match
- Accrue PTO and paid holidays from day one
How do you see yourself today? Are you looking for that unique opportunity where you can make a difference in the lives of the patients we serve? MyEyeDr. is a high-growth, premier healthcare company: a total vision care concept with a unique retail experience. Our trusted community doctors and knowledgeable teams are all focused on helping our patients live their best lives by delivering an exceptional, personalized experience to each of our patients in every interaction. Our business model is unlike others in the industry: we make healthcare accessible by welcoming all insurance and providing a great selection of stylish eyewear that meets the diverse needs of our patients.
This role provides a chance for you to build your professional career with an organization that is purposeful and whose values drive actions. You would have the opportunity to prioritize the care of our associates and our patients, to connect the knowledge of our talented teams to our patients’ needs, and to work in a fun, inclusive environment as part of a collaborative team. We are in search of that unique individual who is inspired by a career focused on helping others and providing quality care while continuously growing professionally and improving MyEyeDr. in meaningful ways. If this is you, we encourage you to apply so you can get your journey started with MyEyeDr. where you can help people see, look, and be their very best.
MyEyeDr. is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, religion, sex/gender (including pregnancy), sexual orientation, gender identity or gender expression, age, physical or mental disability, military or protected veteran status, citizenship, familial or marital status, genetics, or any other legally protected category. MyEyeDr. will not tolerate discrimination or harassment based on any of these characteristics. - 7 Days Ago
Compensation Analyst
- Centurion Health
-
Sterling, VA
FULL_TIME
- Centurion is proud to be a leading provider of comprehensive healthcare services to correctional facilities, state hospitals, and community mental health centers nationwide. We are currently seeking a...
- Just Posted
Compensation Analyst
- Addison Group
-
Reston, VA
CONTRACTOR
- Location: NOVA (remote)Target Salary: $70-85kJob Responsibilities Assist in end-to-end annual performance review processes, including assistance with bonus calculation and payment and merit increase p...
- 10 Days Ago
Compensation Analyst
- City of Alexandria
-
Alexandria, VA
FULL_TIME
- Compensation AnalystAn OverviewThe Compensation Analyst is a member of in the City's Department of Human Resources (DHR) Compensation & HRIS team, supporting assigned departments with their compensati...
- 23 Days Ago
Analyst Sr. - Compensation
- Chesterfield County Public Schools
-
Chesterfield, VA
PER_DIEM
- We are seeking a motivated individual with a willingness to learn and grow in the field of compensation. As a member of our team, you will have the opportunity to develop expertise in compensation pra...
- 7 Days Ago
Senior Compensation Analyst
- MyEyeDr.
-
Vienna, VA
FULL_TIME
- DescriptionAbout the roleThe Senior Compensation Analyst acts as a project manager and provides advanced analytical expertise to the planning, design, development, and administration of compensation a...
- 8 Days Ago
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Total Rewards Analyst
- Kao Corporation
-
Cincinnati, OH
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Total Rewards Analyst
- Premier Health Partners
-
Dayton, OH
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Total Rewards Analyst
- TBC Corporation
-
Palm Beach Gardens, FL
- Job Description Job Description Benefits: 401(k) matching Competitive salary Dental insurance Employee discounts Flexibl...
- 6/7/2024 12:00:00 AM
About Virginia
Virginia (/vərˈdʒɪniə/ (listen)), officially the Commonwealth of Virginia, is a state in the Southeastern and Mid-Atlantic regions of the United States located between the Atlantic Coast and the Appalachian Mountains. Virginia is nicknamed the "Old Dominion" due to its status as the first English colonial possession established in mainland North America and "Mother of Presidents" because eight U.S. presidents were born there, more than any other state. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compensation Analyst jobs
$60,155 to $74,067
Most Popular Cities in Virginia for Compensation Analyst Jobs
What does a Compensation Analyst do?
Compensation Analyst in Washington, DC
Recommend plan revisions as well as new plans that are cost-effective and consistent with compensation trends and Chemonics’ objectives.
March 28, 2023
Compensation Analyst in Scottsdale, AZ
Evaluates salary ranges, hiring rates, and salary structures by monitoring market and economic trends, conducting cost and other statistical analyses, and makes recommendations for shift/geographic/premium pay, audits, and changes to pay practices.
April 11, 2023
Compensation Analyst in San Jose, CA
Formulates recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures.
May 19, 2023