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Compensation Analyst

Company: Foster Farms
Location: Livingston
Posted on: May 3, 2021

Job Description:

Company DescriptionFoster Farms has been a family-owned and operated company for four generations. Since our founding days back in 1939, we have always been committed to providing consumers with the highest-quality, best-tasting poultry products available. The hope is that our commitment to excellence, honesty, quality, service, and our people will shine through in everything we do.We are always looking for talented individuals to join the Foster Farms team. We offer the experience of a large organization, but operate like a family business. More than half of our job openings are filled by internal promotion, and we encourage employees to gain a variety of experiences across different functional groups.Job DescriptionPurpose of Position: The Compensation Analyst will contribute to the on-going strategy, analysis, administration, design, and compliance of compensation programs and structures. Evaluates and maintains jobs, determines pay grades, participates in compensation surveys, and performs related analysis. The analyst will also serve as a partner to Human Resources and business stakeholders to provide consultation on pay decisions and best practices.Essential Job Functions:Participate in external compensation surveys to collect and analyze competitive salary information. Benchmark jobs against survey data and other market intelligence to determine classification and appropriate salary ranges.Partner with stakeholders to assess new roles and revise existing roles to determine appropriate job grading and placement. Perform internal equity analysis. Ownership of job profile maintenance and position management.Administer and coordinate the annual compensation cycles for merit, short-term incentives, and other compensation programs. Includes updates to HRIS and other internal systems.Ensure compliance with local, state, federal, and other relevant regulations through audits, reports, and analysis. Lead ad hoc projects and develop reports as necessary to support Human Resources and business stakeholders. Develop cost models and analysis.Assists with development of compensation policies, training, and related procedures. Actively maintain knowledge of compensation best practices and industry trends and ensure all compensation programs meet those standards.Key participant in system conversion project.Additional Functions:Provide support to HRIS functionsOther duties as assignedQualificationsRequirements:Bachelor's Degree in Finance, Economics, Statistics, Business, Human Resources Management or related discipline.Two to fours years of compensation experience, SHRM or World at Work certification a plus.Experience in job evaluations and market pricing strongly preferred.Demonstrated experience researching and analyzing large complex data sets, naturally curious and inquisitive with a problem solving mindset.Highly organized with the ability to manage multiple high priority projects.Advanced Excel skills, and proven ability to accurately analyze and interpret employee related data, working knowledge of HRIS systems and databases.Attention to detail, ability to produce accurate and quality work, strong sense of responsibility and the ability to work both independently and collaborativelyExcellent oral and written communication skillsWorkday experience a plus.Ability to maintain high level of confidentiality and professionalism.Additional InformationAll your information will be kept confidential according to EEO guidelines.Foster Farms is an Equal Opportunity Employer - Minorities, Females, Veterans and individuals with disabilities are encouraged to apply.Foster Farms participates in E-Verify during the hire process at all locations for all new employees.

Keywords: Foster Farms, Merced , Compensation Analyst, Other , Livingston, California

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