Senior Compensation Services Analyst
About the role
The Senior Compensation Analyst is accountable for the implementation, analysis and administration of compensation plans, processes and projects in Workday. This includes managing projects that cross multiple domains to ensure timely completion of deliverables, achievement of objectives, and meeting or exceeding operational measures. This role involves managing assigned compensation cycle activities for VF’s global compensation programs.
Responsibilities
- Ensure the integrity of compensation data through regular analysis of compensation data including in-depth investigation into Workday data, business processes and transactions and conduct root cause analysis of compensation related issues.
- Manage the administration and documentation of all aspects of assigned global merit, bonus, and equity cycle processing (system accuracy, timeline & project management, training, in-cycle and post-cycle reporting, etc.).
- Educate and train multi-functional audiences using strong communication, presentation and persuasion skills.
- Create process-focused compensation communication materials for the annual cycles in conjunction with the COE, with a focus on employee experience and manager self-service.
- Establish operational protocols to support compensation program design; ensure documentation of compensation procedures; play a key role in educating key stakeholders regarding both policy and procedures.
- Evaluate and make recommendations to continuously improve existing Compensation processes based on data.
- Plan projects, identify and allocate resources, and report back to key stakeholders on project status daily or weekly as needed.
- Cook up with functional areas (Compensation COE, Payroll, Benefits, Accounting, Treasury) as required on Compensation projects, initiatives, and needs to resolve complex issues related to compensation.
- Act as the primary resource to manage SLA, research, and respond to tier 2 compensation-related inquiries from the business.
- Serve as the primary liaison with payroll in the coordination and resolution of data issues that have a payroll impact.
- Coordinate with and serve as a resource for functional areas (Compensation COE, Payroll, Benefits, Accounting, Treasury).
- Calculate severance upon request and work with regional HRIS team to ensure appropriate updates in Workday.
- Coordinate with and serve as a resource for functional areas (Compensation COE, Payroll, Benefits, Accounting, Treasury).
- Conduct routine audits and updates to ensure timely communication and system alignment for all U.S. and Canada minimum wage changes, maintaining compliance and data integrity in Workday.
- Maintain accurate currency conversion rates in Workday by timely implementing updates provided by the Finance, ensuring consistency across global compensation programs.
Requirements
- 3-5 years’ experience with Workday related to compensation and data analysis.
- Undergraduate degree in human resources, business, or related field.
- Understanding of the fundamentals of compensation principles, plans and programs.
- Ability to read and interpret Compensation Plan Documents.
- Strong analytical, problem-solving, and documentation skills.
- Demonstrated project management skills managing large-scale global compensation and/or data projects.
- Solid interpersonal skills and customer service orientation.
- Familiarity with Workday or other administrative systems.
Qualifications
- Subscribes to the highest standards of ethics and business/personal integrity.
- Detail-oriented, results-driven.
- Ability to organize, multi-task, and prioritize work for self and others.
- Clear, concise communication skills (verbal, written).
- Advanced PC skills (Microsoft Suite) with an intermediate level of abilities with Excel and Workday compensation EIB experience a big plus.
- Able to adapt to change that requires a quick pivot and redirection all while still meeting timelines.
Skills
- Workday related to compensation and data analysis.
- Human resources, business, or related field education.
- Understanding of compensation principles, plans and programs.
- Ability to read and interpret Compensation Plan Documents.
- Strong analytical, problem-solving, and documentation skills.
- Project management skills managing large-scale global compensation and/or data projects.
- Solid interpersonal skills and customer service orientation.
- Familiarity with Workday or other administrative systems.
Benefits
At VF, we value a diverse, inclusive workforce and we provide equal employment opportunity for all applicants and employees. All qualified applicants for employment will be considered without regard to an individual’s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws. If you require accommodations during the application process, please contact us at peopleservices@vfc.com. VF will provide reasonable accommodations for qualified individuals to the extent required by applicable law.