Compensation Analyst - 740
Braintrust
IT
New York, NY, USA
Posted on Feb 3, 2025
Job Description
Job Description:
We are seeking an experienced and analytical Senior Compensation Partner to join our dynamic Human Resources team. The successful candidate will play a crucial role in designing, implementing, and managing our compensation programs to attract, motivate, and retain top talent. This role requires a strategic problem solver with a deep understanding of compensation practices, market trends, and regulatory requirements. As a key member of the Total Rewards team, you will partner to keep Etsy’s pay for performance plans competitive, reportable, and aligned with the company’s overall business strategy.
The Senior Compensation Partner will be responsible for:
Job Description:
We are seeking an experienced and analytical Senior Compensation Partner to join our dynamic Human Resources team. The successful candidate will play a crucial role in designing, implementing, and managing our compensation programs to attract, motivate, and retain top talent. This role requires a strategic problem solver with a deep understanding of compensation practices, market trends, and regulatory requirements. As a key member of the Total Rewards team, you will partner to keep Etsy’s pay for performance plans competitive, reportable, and aligned with the company’s overall business strategy.
The Senior Compensation Partner will be responsible for:
- Compensation Strategy and Analysis Program Management Data Management and Reporting Policy Development and Compliance Stakeholder Collaboration
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- Develop and lead comprehensive compensation programs, including salary structures, incentive plans, and bonus schemes.
- Conduct thorough market analyses to ensure appropriate positioning and internal equity.
- Analyze compensation data to identify trends, issues, and opportunities for improvement.
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- Coordinate the implementation and administration of compensation programs, ensuring alignment with company goals and compliance with legal requirements.
- Lead annual compensation review processes, including merit increases, promotions, bonus, and equity distributions.
- Collaborate with HR business partners and senior leadership to address compensation-related matters.
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- Maintain accurate and up-to-date compensation data in HR systems.
- Prepare detailed reports and presentations on compensation trends, metrics, and program effectiveness.
- Apply data analytics to provide insights and recommendations to senior management.
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- Develop and update compensation policies and procedures to ensure they reflect best practices and align with relevant laws and regulations.
- Ensure adherence to compensation guidelines and practices across the organization.
- Provide direction and training to HR and management teams on compensation-related topics.
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- Partner with Talent Acquisition, Finance, and other departments to ensure alignment of compensation programs with organizational objectives.
- Serve as a subject matter expert on compensation, providing advice and support to managers and employees.
- Participate in cross-functional projects and initiatives related to total rewards and employee engagement.
- In-depth knowledge of compensation theories, practices, and market trends.
- Strong analytical skills with the ability to interpret complex data and make informed decisions.
- Proficiency in HRIS (Workday preferred) and compensation software tools; advanced Excel skills.
- Proficiency with Excel (v-lookups, averages, pivot tables).
- High level of integrity and confidentiality
- Excellent interpersonal skills, both oral and written required. Communication is confident, professional, polished and also warm.
- Stakeholder partnership and management skills, especially with stakeholders composed of both technical and non-technical members.
- Leave request or general support?: Leave Coverage
- Open to remote/flex/on-site?: Remote, with some flex on -site
- Any specific time zone requirements/working hours? N/A
- Specific tool requirements & programs/software used? Excel/Google Suite/ Slack
- Required certifications? CCP would be nice, not necessary
- Is there a possibility for an extension and/or permanent role in the future? Potentially!