Compensation Analyst
About the role
The Compensation Analyst supports the administration of compensation programs that align with organizational objectives and maintain external market competitiveness. This role conducts job evaluations, market pricing, compensation analyses, and compensation program administration while ensuring compliance with company policies and regulatory requirements. The Compensation Analyst partners with HR Business Partners, Payroll, Talent Acquisition, HR Systems, and business leaders to provide accurate compensation data and support compensation-related initiatives.
Love. It's what makes Subaru, Subaru®. As a leading auto brand in the US, we strive to be More Than a Car Company®. Subaru believes in being a positive force in the communities in which we live and work, not just with donations but with actions that set an example for others to follow. That's what we call our Subaru Love Promise®. Subaru is a globally renowned automobile manufacturer known for its commitment to innovation, safety, and sustainability. With a rich history dating back to 1953, Subaru has consistently pushed the boundaries of automotive engineering to deliver vehicles that offer not only exceptional performance but also a unique blend of utility and adventure. Subaru's company culture is built on collaboration, diversity, and a shared passion for our product. We foster an inclusive environment that encourages employees to bring their unique perspectives and talents to the table. Our team members are driven by a common goal: to create exceptional vehicles that inspire and delight our customers.
Responsibilities
- Evaluates job content and assists in preparing job descriptions for market pricing, grade assignment, and Fair Labor Standards Act (FLSA) compliance.
- Ensures job responsibilities, duties, and requirements are accurately documented and maintained.
- Conducts compensation analysis for hires, promotions, transfer and equity adjustments.
- Primary partner for Regional Distribution Center and Customer Advocacy management teams and HR Business Partners while supporting Lead Compensation Analyst in analysis for other departments.
- Participates in compensation surveys, analyzes market data, and assists with benchmarking positions to evaluate competitiveness within the marketplace.
- Manages the biweekly compensation, payroll and HR Systems activities to facilitate all job and pay changes.
- Supports administration of compensation programs including salary structures, annual & quarterly incentive plans, and recognition programs. Assists with communication and implementation activities related to these programs.
- Assists with the annual merit and incentive compensation processes, including system configuration, testing, auditing, and employee data validation.
- Maintains compensation systems and reporting tools, ensuring data accuracy and integrity. Supports vendor relationships and troubleshooting activities as needed.
- Leads the Regional Distribution Center bonus program administration and reporting.
- Supports and evaluates the relocation and COLA program.
- Assists with reporting, audits, and compliance reviews to ensure adherence to company policies and applicable regulations.
- Participates in compensation-related projects, process improvements, and special analyses as assigned.
Qualifications
- CCP (Certified Compensation Professional) preferred
Requirements
- Bachelor's degree required in business, finance, information technology or a related field OR H.S. Diploma with equivalent years of experience with at least 4-6 years of relevant experience.