Compensation Analyst III

Compensation Analyst III

Location : Oklahoma City, OK, US, 73120

Welcome to Love's : The compensation analyst III handles planning, developing, and implementing new and revised compensation programs, policies and procedures in order to be responsive to the company's goals and competitive pay practices. This position is an integral part of a highly collaborative team and requires applicants who are able to communicate effectively with people of all job levels and personalities.

Job Functions

• Administers compensation programs for a growing workforce for various compensation programs and other incentive programs
• Acts as an internal consultant for the business, providing guidance in the area of Compensation, including competitive pay strategies, salary increase practices, bonus structures and pay for performance plans, promotion, and total compensation approaches
• Conducts benchmarking of internal jobs to assign pay grades / bands and to assign bonus and long-term incentive targets while ensuring internal alignment and consistency across departments and divisions
• Participates in third-party surveys to further validate pay grade placement and to also help the company stay abreast on best pay practices / trends
• Assigns appropriate job titles and job levels to standardize titles across the company and develop career path opportunities for employees
• Conducts advanced statistical analysis around pay grades, annual merit budgets, incentives targets, and wage compression, and can prepare executive-level reports that visually highlight key data insights that facilitate business operations and enable business leaders to make better decisions in their functional areas
• Performs audits of HRIS system compensation objects to ensure jobs are assigned correct pay grades and incentive targets; works with HRIS to develop business rules and other processes to streamline collaboration between HR functions
• Develops communications materials regarding annual compensation budgets, changes in compensation policies or practices, incentive plan schedules, processes and results
• Develops training materials, quick reference guides, and other communication materials; may be required to facilitate training as needed to supervisors and managers across corporate and field offices
• Works closely with HR business partners, business leaders, business intelligence, finance, and compensation vendors to execute compensation program design changes, as needed, to ensure alignment with company operational goals and future growth plans
• Keeps apprised of federal, state and local compensation laws and regulations in order to ensure company compliance
• Works closely with HR business partners and senior leaders to ensure FLSA compliance and equitable pay practices across corporate and field retail operations
• Performs other duties as assigned

Experience and Qualifications

Skills

Our Culture : Fueling customers' journeys since 1964, innovation leads the way for this family-owned and operated business headquartered in Oklahoma City. With nearly 40,000 team members, travel stops are the core business along with products and services that provide value for professional drivers, fleets, traveling public, RVers, alternative energy and wholesale fuel customers. Giving back to communities and an inclusive workplace are hallmarks of the award-winning culture.

Love's is an Equal Opportunity Employer. Veterans encouraged to apply. Job Category : Corporate