Senior Compensation Analyst

3 days ago

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Stanley Black & Decker, Inc.

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Tools • Storage • Industrial • Professional Power Tools • Pneumatic Tools

10,000+

💰 Post-IPO Debt on 2023-03

Description

• Conducts market analysis to determine competitive positioning of the US Hourly population’s pay programs; compiles and analyzes results. • Prepares cost assessments and other reports for management and assists in providing recommendations to HR and Operations Leaders. • Maintains pay administration guidelines, policies, and other support tools. • Assists with the correction of data errors for employee records in the HRIS system that may impact the administration of employee compensation and/or the transmission of employee data to various vendors. • Conducts internal pay audits and analyses pay data as needed to ensure compliance with government regulations. • Participates in annual pay administration programs, including wage scale creation and maintenance and/or development of incentive pay plans. • Facilitates the administration of the general wages and annual merit planning and administration process and ensures accurate payroll process for employees.

Requirements

• Bachelor’s Degree - BS/BA in business, finance, statistics, or mathematics • At least 5 years of experience in compensation or financial modeling and data analytics • Experience with hourly compensation and/or wage scales development • Knowledge of Workday HRIS and Payfactors compensation planning and market pricing tools • CCP, or progress towards a certification a plus • Research, critical thinking and evaluation skills with the ability to reason through data findings in order to develop recommendations • Very strong analytical and problem-solving skills (Pivot tables, x-lookup, formulas, graphing, and analytics) • Advanced knowledge of excel is required: Power BI and Access preferred • Hourly wage scale design experience highly preferred • Union & Manufacturing experience a plus • Highly organized with a very strong attention to detail • Excellent verbal and written communication skills along with ability to communicate effectively at various levels • Knowledge of FLSA and job classification categories

Benefits

• Medical, dental, life, vision, wellness program, disability, 401(k) • Employee Stock Purchase Plan • Paid time off • Tuition reimbursement • Discounts on Stanley Black & Decker tools and other partner programs