Analyst - Compensation

Iberdrola Orange , CT 06477

Posted 1 week ago

Long Description

Will provide support for day-to-day administration of Compensation programs with consultation and recommendations for offers and other salary actions, job analyses and job evaluation, market pricing, and other compensation analyses. This position will also assist compensation program administration for specific business units, such as performance management, annual incentive plan and merit.

Responsibilities

Analyze and develop offer and other salary action recommendations. Analyses include a review of market rates, internal equity and other relevant factors.

Assist in completing job evaluation studies and provide organizational and job and title design guidance and recommendations using job evaluation methodology considering comparable job accountability and complexity as well as market pricing analyses. Support compensation administration of annual programs such as performance management, annual incentive, and merit. Assist in completing compensation regulatory compliance studies and self-audits, support union negotiations and rate cases.

Interface with HR business partners, Talent Acquisition, management, and employees to consult and explain compensation decisions and considerations. Support compensation projects and responds to special requests as needed, such as analysis needed to support union negotiations, rate cases or reorganizations. Complete compensation data analyses, such as merit models, incentive accruals, and ad hoc requests.

Adhere to effective internal controls. Data reporting and compilation: This position will pull reports from various system sources and compiles data for further analyses and to inform compensation decision-making.

Market survey participation and compensation system data updates (e.g., market pricing software, recognition vendor uploads/downloads) Compensation Analyses: Completes analyses such as market analyses, internal equity reviews, and summary statistics. Develops new hire or promotional offers based on analysis.

Consultation and HR partnership: Communicates and explains decisions and supporting analyses and reasoning to HR business partners, talent acquisition, managers and employees. Maintains an open mind to consider additional information or perspective from stakeholders that may change initial decisions.

Administer Compensation processes: Assist or complete processing and administration of compensation programs, plans and services.

Skills and Requirements

Education & Experience Required: Bachelors' Degree or equivalent combination of education and experience required. Minimum of 3-5 years relevant experience.

Knowledge/Skills:
Experience in job evaluation, market pricing, salary survey participation and annual compensation cycles (performance management, merit, bonus). Demonstrated experience in Microsoft Excel, PowerPoint, Workday, SAP or other ERP.

Strong analytical, problem-solving, and decision-making skills. Strong data analysis and reporting skills. Strong attention to detail.Working knowledge of FLSA and other compensation relevant laws and regulatory requirements.

Ability to build strong relationships with internal and external constituents and experience in interacting with all levels of the organization. Demonstrated experience handling confidential or sensitive information. Demonstrated interpersonal skills and the ability to communicate and convey information effectively in verbal, written and electronic communication.

Competencies

  • Develop Self & Others

  • Empower to grow

  • Collaborate and Share

  • Be a role model

  • Focus to achieve results

  • Be agile

  • Technical Skills

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions. This does not include those that will work for Avangrid Renewables

AVANGRID's employment practices and policies are geared to hiring a diverse workforce and sustaining an inclusive culture. At AVANGRID we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law. Learn more about equal employment by following this link

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our Human Resources department at 203-499-2777 or careers@avangrid.com



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Analyst - Compensation

Iberdrola