Senior Compensation Analyst

Fortune Brands Innovations Deerfield , IL 60015

Posted 3 weeks ago

Job Description

POSITION SUMMARY:

As a Senior Compensation Analyst, you will be responsible for supporting the compensation needs of Fortune Brands Innovations through both analytical and consultant services. You will work directly with HR business partners and management to achieve compensation objectives and provide hands-on assistance related to all areas of compensation analysis. A successful candidate will proactively partner with client-facing HR business partners and HR management along with business leadership to identify and address compensation issues and bring to life Fortune Brands' Total Compensation Philosophy and strategy for the businesses/client groups supported. As a representative of the businesses you support, you are expected to represent the voice of your client group(s) in key global compensation initiatives and champion Fortune Brands' global compensation philosophy and strategy with business/client groups.

We are looking for candidates who have the aptitude to understand and work with complex data; are comfortable with ambiguity and 'gray' areas; and can demonstrate attention to detail and accuracy from start to finish in developing programs and completing projects.

This is a hybrid role that can be based in our Deerfield, IL, North Olmsted, OH, or Maumee OH offices. You will work in the office on Tuesdays, Wednesdays, and Thursdays while having the ability to work from home on Mondays and Fridays.

PRIMARY RESPONSIBITIES:

  • Work on a variety of compensation projects including program design, analysis, budgeting, and implementation of new programs.

  • Partner with local, regional and global HR partners on compensation issues, and work on a variety of special compensation projects as needed.

  • Provide guidance to business/client groups and develop creative solutions for a variety of total compensation issues.

  • Consult with business/client groups on job evaluations using market data and Fortune Brands' internal evaluation process.

  • Perform deep analysis on the effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives and future programs.

  • Document processes and build compensation playbooks.

  • Conduct custom surveys with key industry contacts, as needed.

  • Integral member of the Global Compensation team supporting annual planning cycles (salary budgets, salary structures, merit review, incentives payout planning process, Long Term Incentives).

  • Work with HRIS to ensure that Workday, MarketPay, and other corporate systems are updated and aligned to reflect compensation policies and programmatic changes.

  • Support the strategy and design of policies, guidelines, and operationalization of key concepts critical to the foundation of specific compensation programs.

  • Champion Fortune Brands' global compensation philosophy and strategy and gain alignment with various stakeholders.

QUALIFICATIONS:

  • A Bachelor's degree from an accredited institution

  • 5+ years of progressive experience in compensation, or consulting with an in-depth knowledge of core compensation concepts and best practices

  • Demonstrated project management experience

  • Experience working with large data sets

  • Excel super-user

  • Experience enhancing and/or implementing compensation systems and reporting tools

  • Experience with and knowledge of change management principles, methodologies and tools.

SKILLS & ABILITIES:

  • Proven ability to quickly earn the trust of sponsors and key stakeholders; mobilize and motivate teams; resolve conflict; remove barriers; deliver tough messages with grace; execute with limited information and ambiguity

  • Ability to create dynamic tools and models to interpret and analyze data

  • Ability to connect disparate data sources and operationalize tasks

  • Flexible and adaptable

  • Strong organizational and critical-thinking skills

  • Exceptional communication skills, both written and verbal; ability to communicate and present at all levels with clarity and precision

  • Ability to interpret business needs and translate them into operational requirements

PREFERRED SKILLS:

  • Workday experience

  • Global compensation experience

  • Client facing consulting experience

  • Experience in Sales Compensation and M&A integration

  • CCP (Certified Compensation Professional) completed or in-progress

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