Compensation Analyst

Ventura Foods
sick time, 401(k), profit sharing
United States, California, Brea
Aug 28, 2024
Employment Type: Salaried Work Designation: Hybrid Position Summary: The Compensation Analyst role supports the successful delivery of various compensation programs and initiatives under the Total Rewards umbrella. This role is responsible for the day-to-day functional administration ensuring company compensation programs support business strategies. This position is ideal for compensation professionals passionate about developing data-centric recommendations while applying compensation best practices to employee pay programs. Major Duties and Responsibilities: Partner with HR Business Partners & business leaders to ensure the successful delivery of fair and consistent compensation programs, policies, and best practices through solid interpersonal and collaborative skills. Review and assess new hire, promotion, and pay change inquiries and provide consultation and guidance based on internal pay philosophy, market data and pay trends. Partners closely with HR partners and business leaders in union and non-union plants to ensure a strong understanding of our frontline population, and to proactively recommend solutions that support the business. Perform ongoing market analysis of job and compensation data and support annual enterprise-wide market assessments to ensure competitive rates and internal pay parity. Stays current on laws / best practices related to compensation, and performs periodic audits to ensure compliance, as needed. Lead the administration of the job architecture framework by auditing & maintaining alignment of job codes, salary structures, and incentive plans. Guide preparation of job descriptions reflecting job responsibilities, activities, duties, and requirements. Support the successful delivery and administration of annual salary planning, incentive programs, and special total rewards programs. Support the development of reporting tools and training materials to enable analysis and enable strategic decision-making on compensation and rewards-related matters. Partner with HRIS to ensure data integrity through the implementation and maintenance of compensation data rules and classifications that enable compensation metrics and analysis that inform business decisions. Additional responsibilities as assigned. Education and Experience: 3+ years of Compensation experience preferred. BA/BS degree in a related field, CCP preferred. Knowledge and Skills: Excellent analytical, mathematical, and statistical comprehension and skills. Must have advanced knowledge of Microsoft Excel. Successful track record linking multiple worksheets, using pivot tables, writing nested functions, and creating data-centric scenario models. Experience building strong partnerships with key stakeholders and client groups. Knowledge of federal, state, and local pay regulations. Plant (union/non-union) Compensation experience is a plus. Experience with SuccessFactors and PayScale a plus. Why Join Us: Ventura Foods offers career growth opportunities as well as competitive compensation and benefits: Medical, Prescription, Dental, & Vision - coverage beginning on your 1st day for eligible employees Profit Sharing and 401(k) matching (after eligible criteria is met) Paid Vacation, Sick Time, and Holidays Employee Appreciation Events and Employee Assistance Programs Salary Base Range of $76,779.00 - $97,950.00 for Employees Located in California* The "base salary range" provided above is a good faith estimate of what we expect to pay for this position. The range provided is for California-based employees as Ventura Foods is required by California State Law to post pay rates. Ventura Foods reserves the right to pay outside of the given range based on a variety of factors including but not limited to: candidate skills and experience, complexity of the job, budgetary factors, and location/geography. Ventura Foods conducts regular reviews of compensation ranges and therefore reserves the right to alter this range at any given time. Diversity & Inclusion:* Our commitment to a diverse and inclusive environment in which all employees are treated with respect is evident in our company culture and values. We believe that fostering an environment of inclusion and a focus on diversity across our organization is vital to attracting top talent, driving innovation, and meeting the high expectations of our customers in a rapidly evolving global marketplace. Ventura Foods is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.