Compensation Analyst Ii (Hybrid)

Description

The Compensation Analyst II is responsible for assisting in the refinement, analysis, and ongoing administration of the various compensation programs at First Tech.  This role is a key contributor in the the annual merit cycle, incentive plans, annual and special annual bonus, and the overall defining and maintaining of First Tech’s Career Architecture.

Here's what you can expect from the job and what you need to be successful:

Job Duties:

• Follow and make recommendations to improve current compensation practices to compensation strategy; present recommendations to HR senior leadership
• Act as consultant to the Human Resources (HR) team and business leadership to support their decision making for hiring, promotions, specific organizational initiatives, and annual compensation programs
• Track and monitor variable compensation plans including compliance/adherence to compensation philosophy and strategy
• Execute the creation, development, implementation, documentation, communication, and administration of all variable pay plans, quota, credits, and policies
• Analyze compensation data and create ad-hoc reports as needed
• Implement and document compensation best practices and process improvements
• Conduct research, analysis, and the presentation of data to drive strategic decisions around people
• Respond to inquiries from sales and/or cross-functional teams in a timely manner
• Collaborate with HR partners to drive on-going process improvement
• Support facilitation, communication and training for compensation programs for recruiters, human resources professionals and managers to promote understanding and transparency
• Identify relevant market data trends regarding compensation and present recommendations
• Partner with HRBPs to craft and refine job descriptions that attract top talent, while also being thoughtful of company standards; maintain job description library
• Price jobs, evaluate internal equity and complete salary survey activities, including survey results analysis and leverage data to assist leaders in making strategic business decisions
• Track and monitor other employee rewards programs

Essential Skills:

• Minimum 3 years’ experience in the administration and analysis of compensation programs such as salaries, short-and long-term incentive plans, salary increases, and various reward programs
• Ability to manage organization-wide variable pay practices (i.e., merit, incentive/commission programs and budgeting)
• Experience reviewing and monitoring employee pay and proactively making recommendations
• Competency with creation, design, and administration of variable pay plans
• Familiarity with salary survey processes and compensation databases
• Ability to provide compensation insights to help make strategic business recommendations through presentations, reports, and analyses
• Strong attention to detail with emphasis on accuracy and ability to multi-task with moderate supervision
• Excellent critical thinking, analytical, and problem-solving skills
• Ability to work efficiently and prioritize projects in a fast-paced environment with tight deadlines and high volume peaks while producing high-quality work
• Ability to work well under pressure and meet strict deadlines
• Excellent verbal and written communication, interpersonal, and analytical skills and ability to collaborate with internal/external partners and key stakeholders
• Advanced proficiency in Microsoft Excel, intermediate Microsoft Word skills and experience with enterprise HRIS/HRMS
• Minimum Education: Bachelor’s degree in Business Administration, other related fields of study or equivalent experience
• Certification/License: CCP preferred

Location:  Hillsboro, OR 97124 (HYBRID)

Target Compensation in Hillsboro, OR:  $85,000 to $100,000 + annual bonus

Benefits options include:

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Accrue up to 17 days of Paid Time Off your first year of employment
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

First Tech is not currently offering Visa sponsorship or transfer for this position

What makes First Tech different? Click here to learn more! 

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