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Compensation Analyst (Hybrid)
- Broadridge Financial Solutions (New York, NY)
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At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If youre passionate about developing your career, while helping others along the way, come join the Broadridge team.
Compensation is a specialized area of Rewards focusing on compensation design, management, and analysis. Develops, implements and administers compensation such as salaries, short- and long-term incentives, job evaluations, performance appraisals, salary increases, salary surveys and pay policies. Provides services in Executive Compensation, International Compensation, Sales Compensation, Equity Compensation and other specialized areas of compensation. Oversees the organization's compensation philosophy and programs, ensuring alignment with business goals and strategies. Plans, develops, and implements compensation programs that are internally equitable, externally competitive, and legally compliant. Researches and develops incentive programs, including sales. Manages the annual review process, including job evaluation, base pay and incentive plan review, merit budgets, etc. Oversees annual compensation survey participation, benchmarking process, and data analysis. Researches best compensation practices in the market. Makes recommendations regarding salary grades and market rates for specific jobs or functional areas. Vendor management for external market data systems and consultants for executive compensation and other resources.
We are made up of high performing teams that meet in person to learn and collaborate as needed. This role is considered hybrid, which means youll be assigned to a Broadridge officeandgiven the flexibility to work from home.
Responsibilities
+ Handles full salary survey process lifecycle including the gathering survey participation materials, submission of data, responding to vendor queries, downloading survey results and reports, and preparing and loading results into our survey library.
+ Run recurring reports on a daily, biweekly, or monthly basis for broad-based, sales, and executive compensation, as well as equity administration areas.
+ Conduct periodic audits to ensure accuracy and integrity of compensation data, including salary, bonus, and equity components.
+ Prepare data submission for both ad hoc and planned mass updates in Workday.
+ Partner closely with Workday system partners to ensure data is processed in a timely and accurate manner, and to resolve any queries that might arise.
+ Perform job evaluations for new roles in the context of assisting HRBPs with the creation of new job roles. Duties include assisting with the writing of job descriptions if needed, and evaluating job role as it relates to the compensation structure.
+ Assist with competitive benchmarking analysis and gathering internal/external pay data for off-cycle market adjustments, and analyses for promotions and new hire offers.
+ Assist with preparing communications for compensation programs.
+ Support corporate-wide processes such as year-end, semi-annual promotions and other special projects and processes as needed.
+ Ensure compliance with all relevant labor laws and regulations.
+ Work closely with HR business partners to understand their needs and provide support.
Skills and Qualifications:
+ Analytical Skills: Strong analytical skills are essential for interpreting data, conducting research, and developing compensation strategies.
+ Professional Skills : Detail oriented with strong organizational skills.
+ Data Analysis Skills: Proficiency in using data analysis tools and software, including building analyses and models in Excel. Experience with Power BI or SQL would be a plus.
+ Communication Skills: Ability to communicate complex information clearly and concisely, both verbally and in writing.
+ Problem-Solving Skills: Ability to identify and resolve compensation-related issues. Critically evaluate information, make sound judgments, and solve problems.
+ Knowledge of Compensation Principles: Understanding of compensation theories, practices, and regulations.
+ Experience:A bachelor's degree in human resources, business administration, finance, or a related field is required.
Salary range $75,000.00 - $85,000.00. Bonus Eligible.
Broadridge considers various factors when evaluating a candidate's final salary including, but not limited to, relevant experience, skills, and education.
Please visit www.broadridgebenefits.com for more information on our comprehensive benefit offerings.
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We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a companyand ultimately a communitythat recognizes and celebrates everyones unique perspective.
US applicants: Clickhere (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf) to view the EEOC " Know Your Rights " poster.
Disability Assistance
We recognize that ensuring our long-term success means creating an environment where everyone is welcome, where everyone's strengths are valued, and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including sexual orientation, gender identity or expression, and pregnancy), marital status, national origin, ethnic origin, age, disability, genetic information, military or veteran status, and other protected characteristics protected by applicable federal, state, or local laws.
If you need assistance or would like to request reasonable accommodations during the application and/or hiring process, please contact us at 888-237-7769 or by sending an email to [email protected] .
Broadridge Financial Solutions, Inc. (NYSE: BR) , is a global Fintech leader, delivering technology-driven solutions that drive digital transformation for banks, broker-dealers, asset and wealth managers and public companies. At Broadridge, we are committed to making a difference (https://www.broadridge.com/about/sustainability/) . Our unique culture is guided by the Service-Profit Chainthe idea that success is mutual, directly connecting employee engagement, client satisfaction, and the creation of stockholder value. We enable better financial lives by providing the critical infrastructure that powers investing, corporate governance and communications . A certified Great Place to Work, Broadridge is part of the S&P 500 Index, employing over 14,000 associates in 21 countries.
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Broadridge is committed to creating an engaging workplace for the most talented associates in our industry. We are dedicated to fostering a collaborative, inclusive , and healthy environment that promotes flexibility and accountability. As a leading provider of technology, communications, and data and analytics solutions to businesses around the world, it is critical that we understand, embrace, and operate in a multicultural environment. Every associate has unique strengths, which, when fully appreciated and embraced, allow individuals to perform at their best, leading to our success.
We believe that our associates are our most important asset. Encouraging professional development opportunities is a core part of our culture. Broadridge provides educational opportunities, including formal classes, training programs and events. To enable learning in our hybrid working model, Broadridge has redesigned all development programs for 100% virtual delivery. Our associates have access to 8,500+ online courses covering business, leadership, technical, and function-specific topics through our LinkedIn Learning program.
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