Compensation Analyst

About the role

The Compensation Analyst is responsible for the daily administration of compensation programs, conducting market analyses, and supporting the design, evaluation, and enhancement of current and future compensation initiatives.

Principal Duties and Responsibilities

• Provide analytical support for compensation programs across all lines of business, Corporate, Supply Chain, and Store Operations
• Conduct market benchmarking analyses to assess the company’s competitive pay positioning and recommend appropriate hiring and promotional pay levels based on internal equity, performance, and external market data
• Responsible for the evaluation and maintenance of the Company’s salary structures
• Participate in salary surveys and analyze results
• Aid in the annual performance process, including merit planning, bonus accrual and calculations, and administration of LTI awards for all Associates
• Evaluate the effectiveness of compensation programs and make recommendations for enhancements that deliver on Dollar Tree’s commitment to pay for performance
• Collaborate with all areas of the business to assist with the design, implementation, and communication of incentive plans that reward Associates for delivering desired business results
• Create and maintain documentation for incentive plans for accuracy
• Absorb and analyze new and existing roles for accurate benchmarking
• Assist in the development of compensation education and training materials
• Monitor regulatory changes and industry trends to ensure our practices remain competitive and compliant
• Participate in special projects related to compensation programs or systems on an as-needed basis

Required Skills and Experience

• 2+ years of experience in Compensation
• Bachelor’s degree or equivalent
• Advanced Excel skills and proficiency in PowerPoint with the ability to analyze data and communicate insights clearly

Preferred Requirements

• Compensation experience with a Retail organization
• Preferred Certified Compensation Professional (CCP)
• Familiarity with Workday HCM

Pay

Start Rate = $75,000-$81,500 based on experience plus 10% bonus. The company offers Health, Dental, & Vision, a flexible spending account, life and disability insurance benefits, a 401k plan, PTO, paid holidays annually, and an employee stock purchase plan.

Benefits

• Health, Dental, & Vision insurance
• Flexible Spending Account
• Life and Disability Insurance
• 401(k) Plan
• PTO
• Paid Holidays Annually
• Employee Stock Purchase Plan
• Employee Assistance Program
• Retirement Plans with Matching Contribution
• PerkSpot Employee Discount Platform
• Education Assistance

Perks and Benefits

• Employee Assistance Program
• Retirement Plans with Matching Contribution
• Employee Stock Purchase Program
• Access to PerkSpot, an employee discount platform for goods and services
• And much more!

Who We Are

We offer a wide variety of rewards to support your health, wealth, and mental well-being. At Dollar Tree, we make a difference in the lives of our customers every day by exceeding their expectations and delivering value – it’s what our business is built on. Our associates play an important role in this commitment by embracing change and showing up for their teams and their communities.

Our Success

Our success is a team effort —when we reach our goals, you’ll be eligible for a yearly bonus!

Equal Opportunity Employer

Dollar Tree is an Equal Opportunity Employer committed to complying with the Americans with Disabilities Act (ADA) and providing reasonable accommodations to qualified individuals with disabilities.