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Rewards Analyst/Advisor

Job Post Index 258C9E-Sy##
Location Lincolnshire, IL
Description: Description
  • Support global compensation survey management process, from ensuring data integrity of submission through analysis and application of survey results.
  • This position will be handling all compensation analyst work (benchmarking, job harmonization, creating new positions in HR system, participating in annual rewards process – validating information, data audits, survey participation).
  • Perform cost modeling of merit budget and salary structure design and maintenance to ensure remains market competitive.
  • Provide expertise and consultation to HR Business Partners on job leveling, evaluation, market pricing, internal equity, and competitive pay analysis.
  • Maintain compensation management software tool and reporting.
  • Monitors pay program effectiveness and recommends continuous improvement changes.
  • Proactively support annual rewards process, including planning, testing, auditing, analyzing pay for performance recommendations, reviewing communications, facilitating training, and preparing executive summary pre and post reporting.
  • Evaluate 40 open roles and harmonize to roles; review Matrox job descriptions, supplemented by interviewing Matrox HR, to understand responsibilities and level/scope of impact.
  • Make preliminary harmonization recommendations for HRBPs to review in partnership with the business leaders.
  • Continue to recognize software engineering specialties (i.e., machine visioning) and bolster job library by creating new job codes and titles in Oracle HCM.
  • Partner with HRBPs across Nation to identify current who are performing newly created roles and re-align them to more appropriate job codes and titles.
  • Analyze costing impact and ensure HRBP secures business and budget approval, prior to employee job realignment.
  • Author job and pay education and support change management efforts for Matrox people managers.
  • Continue ongoing HR Business Partner and TA support.
  • Partner with HRIS to audit Matrox employee and pay data; ensure data integrity by confirming on multiple occurrences, reconcile any discrepancies and escalate as appropriate.
  • Review job and pay effective dates to ensure accuracy of ZIP and SIP calculations with prorations.
  • Obtain eligible earnings data for ZIP calculation, model scenarios for validation.
  • Confirm base pay accuracy for merit calculation.
  • Audit employee data in rewards worksheets prior to annual process launch.
  • Author and deliver annual rewards process education and training for Matrox people managers and aligned HRBPs, including pay for performance.
  • Preview compensation statement and facilitating employee rewards conversations.
  • Partner with Matrox aligned HRBPs to support delivery against Nation timeline; make recommendations for interim deadlines; build in additional timeline grace in recognition of newness for Matrox people managers.
  • Encourage Matrox aligned HRBPs to begin to facilitate pay decision discussions with business leaders prior to formality of HCM tool opening.
  • Continue to reinforce HR Operating Model; Matrox aligned HRBP is liaison between business unit (i.e., Matrox) and COE (i.e., Rewards).
  • Prior to tool closing, audit pay recommendations against performance rating.
  • Provide feedback to Matrox aligned HRBPs to share with business leaders and allow time to capture any changes
  • Reinforce rewards delivery timeline and recommend proactive planning with Matrox aligned HRBP (i.e., create calendar reminders of payout dates and send invitations for employee rewards conversations).
  • Author and deliver supplementary annual rewards process education and training for Matrox people managers and aligned HRBPs; leveraging compensation statement and facilitating employee rewards conversations.
  • Continue to reinforce HR Operating Model; Matrox aligned HRBP is liaison between business unit (i.e., Matrox) and COE (i.e., Rewards).
Skills: Qualifications
  • Bachelor’s degree in human resources or related field or equivalent experience.
  • Minimum of 3-5 years of compensation experience required.
  • High attention to detail and able to manage and maintain confidentiality.
  • Strong analytical and decision-making skills.
  • Ability to prioritize efficiently and manage competing priorities.
  • Excellent time management skills to delivery upon goals in fast-paced, high volume, deadline driven environment by being agile and innovate.
  • Variable pay process and understanding
  • Drive projects through to completion in a timely manner, exhibiting company Values and expectations.
  • Advanced experience in excel and power point.
  • Must have compensation background
  • Strong Excel skills
  • Benchmarking experience
  • Experience with year-end process
  • Experience working with the business all compensation tasks
  • Mergers and Acquisitions experience

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