Analyst Senior Compensation - Remote

Responsible for providing broad-based compensation activities including complex job evaluation, market pricing, salary surveys, benchmark job identification, compensation database and system maintenance and administration, analytical and reporting support, and job description development in support of the Compensation department’s service delivery model.

Responsibilities

• Maintains confidentiality of highly sensitive information used during the normal course of business.
• Participates in approved salary surveys through the collection and reporting of data to third-party survey providers.
• Reviews salary survey results and provides recommendations on additions/deletions of benchmark jobs in use.
• Provides analytical support in complex aspects of merit budgets, salary structure modifications, and incentive plan data gathering and reporting.
• Provides expertise in accessing, changing, maintaining, and assuring the quality of compensation and HR databases.
• Prepares complex economic and cost impact models of compensation initiatives for individually assigned activities or as part of larger Compensation department initiatives.
• Provides counseling to management on complex pay changes (e.g., promotions, transfers) or on a division- or system-wide basis (e.g., merit review cycles).
• Stays current in all aspects of compensation through formal and informal training, participation in professional organizations, continuous learning, and professional curiosity.
• May coach, mentor, guide, and provide oversight to less senior Compensation Analysts.
• Manages complex ad-hoc Compensation projects and analyses.
• Participates in the development of incentive compensation plan designs (e.g., executive compensation, short- and long-term plans, sales incentive plans), ensuring model validation, alignment with goals, cost forecasting, communication plans, and calculation of potential award amounts.
• Counsels HR Business Partners, Talent Acquisition team members, and others within HR on Walgreens’ reward philosophy, market pricing, internal equity, job evaluation, broadband structures, and other compensation aspects to support recruitment and retention of top-tier talent.
• Develops, analyzes, and makes recommendations for compensation programs tailored to specific business units to ensure competitiveness within the market, position, and industry.
• May meet with senior-level executives to present programs, answer questions, and gain approval of compensation programs.
• Assists in enhancing the compensation aspect of HR information systems to support strategies and initiatives.

Requirements

• Bachelor’s degree and at least 1 year of compensation experience; OR high school diploma/GED and at least 4 years of compensation experience.
• Experience with confidentiality requirements associated with Human Resources, Compensation, and/or Finance.
• Experience applying compensation techniques, job evaluation, salary survey practices and methodologies, salary program development, job documentation, total rewards elements, and target-setting concepts.
• Intermediate-level skill in Microsoft Word (e.g., inserting headers, page breaks, page numbers, tables, adjusting table columns).
• Advanced-level skill in Microsoft Excel (e.g., using AVERAGE function, merging and centering cells, printing centered pages, creating pivot tables).
• Intermediate-level skill in Microsoft PowerPoint (e.g., applying themes, formatting character spacing, inserting pictures, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart styles, formatting fonts).
• Willing to travel up to 10% of the time for business purposes (within state and out of state).

Preferred Qualifications

• 3-4 years of compensation experience.
• Retail experience is a plus.
• Experience with SAP or other HR platforms.
• Experience in Human Resources outside of Compensation (e.g., generalist, business partner, benefits, recruiting, talent development, HRIS).
• Experience with incentive compensation plan designs, development, deployment, and measurement.
• Experience maintaining, administering, or using compensation systems and knowledge of HRIS analytics related to compensation functions.
• Knowledge of basic accounting and financial principles and collaboration requirements with Finance on compensation activities.
• Experience working with EEOC, OFCCP, and other compliance requirements.
• Experience applying the principles of the Fair Labor Standards Act and its applicability to the job evaluation process.

About Walgreens

Founded in 1901, Walgreens has a storied heritage of caring for communities for generations and proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico, and leading omni-channel platforms. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for retail pharmacy and health services, building trusted relationships that create healthier futures for customers, patients, team members, and communities.

Pay

An employee in this position can expect an hourly rate between $79,300 to $152,400. The actual salary will depend on experience, seniority, geographic location, and other factors permitted by law.

Benefits

To review benefits, visit jobs.walgreens.com/benefits.