Senior Compensation Analyst
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Position Overview
As a member of the Corporate Total Rewards Team, the Senior Compensation Analyst will contribute to an effective and efficient delivery of Compensation-related tasks including, but not limited to compensation data analytics/analysis, survey participation and management, compliance research, and third party market software management. This role may provide additional ad-hoc support across the compensation team through job evaluations/market pricing, running design/budget impact scenarios, etc.
This position is based in our Madison, WI office location and offers a hybrid working arrangement.
Essential Duties
include but are not limited to the following:
- Manage the overall survey calendar and participate in third party Global Compensation surveys, budget planning surveys, practice surveys and other ad-hoc market intelligence surveys.
- Serve as the subject matter expert in program administration of external compensation pricing and pay analytics system/software including, but not limited to, system set-up, reporting, analytics, and compensation modeling.
- Lead the development of dashboard reporting/analytics and use these tools to generate insights and inform leadership on market competitiveness of pay practices.
- Work closely with HRIS team to improve compensation related reporting/dashboards within Workday.
- Collaborate with Compensation Partners to assist with job analysis, market pricing, and development of new job descriptions to support recruitment goals.
- Provide advice to Talent Acquisition and HR Operations teams, HR Business Partners, managers, and business leaders on pay decisions, policy, and guideline interpretation, and job evaluation.
- Work with HR Business Partners and compensation peers to standardize and streamline existing compensation and job description practice and monitor the effectiveness of existing compensation policies, guidelines, and procedures.
- Support creation of development of training materials for internal stakeholders as assigned.
- Consult with external compensation consultants for advice and expertise as necessary.
- Monitor and engage in compliance and pay practices reviews to ensure compliance with internal and external requirements.
- Keep apprised of global, federal, state, and local compensation laws and regulations and stay informed of new industry trends and best practices in compensation.
Minimum Qualifications
- Bachelor's degree in Business Administration, Human Resource Management, or related field.
- 5+ years of experience in the analysis, design, and/or administration of compensation programs.
- Strong working knowledge of compensation and job evaluation theories, applicable wage/hour regulations, and salary survey methodologies.
- Strong in MS Office Suite, especially Excel and PowerPoint.
- Advanced proficiency in Excel including, but not limited to pivot tables, VLOOKUP, conditional formatting, data validation, data manipulation, charts/graphs/visualizations, etc.
- Strong understanding of 3rd party market platforms to use for survey participation, survey management, automated benchmarking tools, market intelligence, analysis/analytics, etc.
- Strong understanding of HRIS platforms, preferably Workday.
- Demonstrated ability to perform the Essential Duties of the position with or without accommodation.
- Authorization to work in the United States without sponsorship.
- Uphold company mission and values through accountability, innovation, integrity, quality, and teamwork.
- Support and comply with the company’s Quality Management System policies and procedures.
- Strong technical, analytical skills, and organizational skills to identify and solve problems and independently lead projects as necessary.
- Excellent oral and written communication skills.
- Ability to work under pressure, meet deadlines, and maintain high-level of confidentiality.
- Able to work both independently and as part of a team.
- Ability to work in front of a computer screen and/or perform typing for approximately 90% of a typical working day.
- Ability and means to travel between Madison locations.
Preferred Qualifications
- Certified Compensation Professional (CCP) designation.
- Knowledge of Pay Factors automated benchmarking tool
Salary Range:
$85,000.00 - $135,000.00The annual base salary shown is for this position located in US - WI - Madison on a full-time basis. In addition, this position is bonus eligible, and is eligible to receive company stock upon hire as well as annually.Exact Sciences is proud to offer an employee experience that includes paid time off (including days for vacation, holidays, volunteering, and personal time), paid leave for parents and caregivers, a retirement savings plan, wellness support, and health benefits including medical, prescription drug, dental, and vision coverage. Learn more about our benefits.
Our success relies on the experiences and perspectives of a diverse team, and Exact Sciences fosters a culture where all employees can develop personally and professionally with a sense of respect and belonging. If you require an accommodation, please contact us neo@exactsciences.com.
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We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, creed, disability, gender identity, national origin, protected veteran status, race, religion, sex, sexual orientation, and any other status protected by applicable local, state, or federal law. Any applicant or employee may request to view applicable portions of the company’s affirmative action program.
To view the Right to Work, E-Verify Employer, and Pay Transparency notices and Federal, Federal Contractor, and State employment law posters, visit our compliance hub. The documents summarize important details of the law and provide key points that you have a right to know.