Senior Compensation Analyst

Company: WuXi AppTec
Location: Cranbury
Posted on: September 19, 2023

Job Description:

This role focuses on administering the company-wide policies of Wuxi AppTec's compensation programs. --It entails base pay administration, market pricing, benchmark analysis, evaluation of salary grades/ranges, position reclassifications, and other compensation related actions.-- This is a crucial role that provides analytical support to the Compensation Team.-- It is responsible for the integrity of external market data and the application of that data into the annual compensation planning process.--Please note:-- This job is primarily remote, however we prefer to hire in the Cranbury, NJ / greater Philly area for occasional meetings with HR and Business Leaders.

• Perform job analysis, job evaluation and market pricing of positions using external resources as needed.
• Design and builds compensation metrics, reports, and tools to inform compensation program decisions, forecasting and budgeting.
• Collaborates with HRIS to ensure accuracy in HR data systems including compensation, levels, titles, and other compensation related matters.
• Accountable for the salary survey submission process. Tracks surveys and due dates. Prepares compensation profile, position matches and data compilation for salary survey submission. Maintains employee and survey data for market-pricing jobs. Accountable for annual market pricing process, updating levels and upload into UKG. --Analyzes salary survey results to assess market competitiveness, and effectiveness of pay related programs.
• Project manages the annual compensation review process. Develops related training and communication. --Ensures adherence to overall project timeline.
• Partners effectively within the Total Rewards Team and provide cross functional support and technical expertise as needed.
• As requested, conducts market analysis for individual employees/teams and develops recommendations for pay adjustments, promotional or developmental increases, and hiring ranges. --Works with Talent Acquisition to develop candidate offers.
• Performs special projects as assigned, may include ad-hoc research, analysis and conducting surveys to provide guidance on current and future Compensation programs.
• Participate in special projects such as reorganizations, across- the-board increase processes, and incentive programs.
  • BS Degree in Human Resources Management, HRIS, Finance or another relevant discipline is required.
  • A minimum of 5 years of professional experience in developing and implementing a compensation infrastructure including job evaluation, market pricing, salary structures, and job benchmarking.
  • Excellent analytical, quantitative, organizational, problem resolution and customer service skills required.-- Ability to take complex data and create concise, user-friendly analysis.
  • High proficiency in data management and analysis: advanced skill level in Microsoft Excel required, experience with Microsoft Access preferred.
  • Strong attention to detail is critical, able to multitask and meet strict deadlines.An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Keywords: WuXi AppTec, East Brunswick , Senior Compensation Analyst, Accounting, Auditing , Cranbury, New Jersey