Sr Compensation Analyst
At a glance
Senior Compensation & Benefits role at Schindler. Morristown · $101,300–$125,600 base.
hrroles summary, based on the employer's posting.
What you'll do
- Build and refresh HR data reports using the HRIS and internal or external vendor databases
- Prepare quarterly commission and incentive payments by gathering data and checking employee results
- Track survey needs and costs for reporting on compensation, retention, employee satisfaction and labor costs
- Validate incentive calculations, review payment quality and send approved amounts to Payroll
- Create Power BI analyses on turnover, headcount and audit requests, and support annual merit and bonus planning
What you bring
- A bachelor’s degree and at least five years in compensation analysis and administration
- Advanced Excel ability, strong analytical and presentation skills, and experience with Power BI
Who this fits
This senior role suits someone with compensation analytics experience who is ready to learn in a fast-paced environment. It is based in Morristown, New Jersey. SuccessFactors experience and exposure to variable compensation programs are preferred.
From the employer
Location: Morristown, NJ, United States
Job ID: 92358
We Elevate... Quality of urban life
Our elevators, escalators, and moving walks safely transport more than two billion of us up and down buildings and across transportation hubs every day. As part of the Schindler team, you’ll discover meaningful work that enhances quality of life for communities, and contribute to making places more accessible, inclusive, and sustainable for all. By joining us, you don’t just become part of our success story; you help shape the future and continue our rich legacy that started back in 1874.
Join us as a
Sr Compensation Analyst
Your main responsibilities
The Sr Compensation Analyst will support the Compensation team with analytics, metrics, reporting and project assistance. This role will be an integral part of the Total Rewards team, as we are seeking an individual who will bring previous compensation analytics knowledge and experience and is willing and motivated to learn in a fast-paced and dynamic environment.
ESSENTIAL FUNCTIONS
- Create, periodically update, and run various data and customized tracking reports utilizing the HRIS system and other internal and external vendor databases
- Assist in data collection for and processing of quarterly commission and incentive payments to Field and Non-Field employees.
- Manage survey requirements and track costs to support KPI reporting to include Compensation costs, retention rate, employee satisfaction and labor costs.
- Manage the quarterly incentive process for relevant positions including the validation of HR data, collection of achievement results, quality review of all payments and process payments to Payroll.
- Provide analysis and customized Power BI reports on HR data including turnover, headcount, special projects and audit requests
- Collaborate with team and other cross-business functions during the annual compensation planning period to ensure accurate data and successful completion of the merit and bonus process
- Actively participate in initiatives for ensuring data integrity across the HR through data validation and clean-up
- Support various ad hoc compensation analyses, reporting requests, and projects as needed.
What you bring
- Bachelor's Degree required with 5+ years of progressive experience in compensation analysis and administration.
- Strong analytical and presentation skills with Advanced Microsoft Excel Skills and Power BI experience
- Experience with SuccessFactors HRIS preferred
- SuccessFactors HRIS preferred
- Exposure to variable compensation programs preferred
What’s in it for you?
- Fully vested 401k match, up to 7% of total eligible compensation.
- Competitive Medical, Dental and Vision Plans - Effective from first day of hire.
- 3 weeks’ vacation which increases with tenure, 7 sick days, 3 floating holidays and 8 Company Observed Holidays.
- Tuition Reimbursement - Eligible after 6 months of service.
- Parental Leave – 100% base pay for 6 consecutive weeks within first year of a child’s birth or adoption.
- A wide range of development opportunities to boost your professional and leadership growth.
Base Salary $101,300 - $125,600
The above represents the typical salary range for this position. Revisions to the range may be considered based on your experience, education, location, demonstrated skills, and alignment with business priorities. Please note that the compensation listed reflects only base salary and does not include variable incentives or benefits. This position is eligible for an annual bonus based on performance.
We Elevate… Your Career
Become part of our team, help us enhance quality of life and drive innovation while raising the bar for safety and sustainability. We value your diverse skills and perspectives as together we shape the sustainable cities of today and tomorrow.
Don’t meet every single requirement? If you’re excited about this role but your experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyway! You may just be the right candidate for this or other roles!
Are you ready to embark on a new journey? Join #TeamSchindler! Our Core Values:
- Safety: Uphold the highest safety standards for all.
- Integrity and Trust: Foster honest, ethical relationships.
- Create Value for the Customer: Deliver innovative, reliable solutions.
- Quality: Ensure excellence in every product and service.
- Commitment to People Development: Nurture our people, they are the heart of our success.
Discover more on our career website.
At Schindler Group we value inclusion and diversity, and practice equity to create equal opportunities for all. We endeavor that all qualified applicants will receive consideration for employment without regard to age, race, ethnic background, color, religious affiliation, union affiliation, gender, gender identity, sexual orientation, marital status, national origin, nationality, genetics and health, disability or veteran status.
Any unsolicited application from Recruitment Agencies is deemed to be rejected and does not constitute in any manner an offer from a Recruitment Agency.