Senior Compensation and Benefits Analyst

About the role

Lead the design, administration, and continuous improvement of Rise Baking Company's compensation and benefits programs, ensuring pay structures, incentive plans, and health and welfare benefits are market-competitive, internally equitable, and compliant. Serve as the lead resource on compensation and benefits matters, advising HR leadership and people managers on pay decisions and program design and translating market data into actionable recommendations to the Director of Total Rewards.

Responsibilities

• Manage the design and administration of the annual compensation cycle, including salary structure design and maintenance, market pricing, merit planning, incentive administration, pay equity analyses, and compensation program effectiveness reviews
• Design, communicate, and maintain pay structures, job families, salary grades, and job architecture/leveling frameworks; support various compensation projects and initiatives
• Benchmark annual compensation budgets, merit matrices, and off-cycle adjustment guidelines to enterprise strategies
• Leverage AI-enabled tools and automation to improve the efficiency and accuracy of analysis and reporting
• Advise managers and partner with HR on pay decisions for new hires, promotions, transfers, and equity adjustments
• Support the design and administration of the companywide short-term incentive plan, sales incentive plan, and other variable pay plans
• Own and manage enterprise-wide compensation market data, compensation systems, and annual compensation programs, including leading the annual market review process, participating in salary surveys, analyzing market trends and competitive positioning, and recommending salary structure and employee pay adjustments
• Conduct job evaluation and market pricing, matching jobs to survey benchmarks and recommending range/grade placement aligned to best practices, enterprise goals, and governance
• Perform pay equity analyses and audits and recommend affirmative actions where warranted
• Research and report on compensation trends, labor market conditions, and