Sr. Compensation Analyst

About the role

The Senior Compensation Analyst provides analytical support in the planning, design, development, and administration of compensation and total rewards programs across the organization. This role is responsible for executing analyses, supporting program implementation, and delivering insights that help maintain competitive and equitable pay practices aligned with business goals and objectives. The Senior Compensation Analyst partners with HR and business leaders to support base pay and variable pay programs. This position contributes to ensuring compensation programs are market competitive and support the organization’s ability to attract and retain talent.

How do you see yourself today? Are you looking for that unique opportunity where you can make a difference in the lives of the patients we serve? MyEyeDr. is a high-growth, premier healthcare company: a total vision care concept with a unique retail experience. Our trusted community doctors and knowledgeable teams are all focused on helping our patients live their best lives by delivering an exceptional, personalized experience to each of our patients in every interaction. Our business model is unlike others in the industry: we make healthcare accessible by welcoming all insurance and providing a great selection of stylish eyewear that meets the diverse needs of our patients. This role provides a chance for you to build your professional career with an organization that is purposeful and whose values drive actions. You would have the opportunity to prioritize the care of our associates and our patients, to connect the knowledge of our talented teams to our patients’ needs, and to work in a fun, inclusive environment as part of a collaborative team. We are in search of that unique individual who is inspired by a career focused on helping others and providing quality care while continuously growing professionally and improving MyEyeDr. in meaningful ways. If this is you, we encourage you to apply so you can get your journey started with MyEyeDr. where you can help people see, look, and be their very best.

Responsibilities

• Represent the Compensation team as an influential collaborator on projects with cross-functional business partners including but not limited to Accounting, Finance, Legal, Operations, Communications, and IT to achieve desired business outcomes.
• Deliver effective, accurate and competitive pay programs to our Associates and Optometrists in support of their work with our patients.
• Assist with the design, implementation, and maintenance of MyEyeDr.’s job architecture, career levels, and pay bands in conjunction with management and HRBPs.
• Audit jobs for content and prepare job descriptions reflecting job responsibilities, activities, duties and requirements.
• Own the survey management tool and market analysis of MyEyeDr’s jobs to determine competitive positioning and recommend base pay changes.
• Responsible for data implementation, auditing and data validation, and system analytics.
• Provide guidance to management regarding salary changes associated with promotions, demotions, transfers, and relocations as well as market and equity adjustments.
• Recommend corrective or alternative actions to resolve compensation-related concerns.
• Monitor regulatory legislation and audit to identify potential compensatory, operational, and financial impacts.
• Ensure compliance with existing federal, state, and local compensation related regulations (Minimum Wage, FLSA, EEO-1, Wage & Hour).
• Monitor cost of wage geographic differentials.
• Lead annual company-wide compensation processes, including base pay, short-term bonus, and equity reviews.
• Support the design, communication, and implementation of short-term incentive plans.
• Create and modify compensation operation policies, guidelines, procedures, and compliance documentation.
• Lead projects