Senior Compensation Analyst

Pactiv Evergreen Lake Forest , IL 60045

Posted 6 days ago

Overview

Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America and certain international markets. It supplies its products to a broad and diversified mix of companies, including full service restaurants and quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, food packers and food processors. To learn more about the company, please go to the company website at pactivevergreen.com.

Pactiv Evergreen is committed to a diverse and inclusive workforce. Pactiv Evergreen is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex (including pregnancy), sexual orientation, religion, creed, age national origin, physical or mental disability, genetic information, gender identity and/or expression, marital status, veteran status or other characteristics or statuses protected by law. For individuals with disabilities who would like to request an accommodation, please call (847) 482-4320 or email TalentHelp@Pactiv.com.

All information will be kept confidential according to EEO guidelines and applicable laws.

Responsibilities

This Position is for Pactiv Evergreen Inc.

Job Summary:

As a Senior Compensation Analyst, you will work under the direction of the Associate Director of Compensation and provide analytical support across the organization, with an emphasis on the Hourly side of our Manufacturing locations. Additionally, this role will support organization-wide initiatives and annual processes.

Essential Functions:

  • Conduct hourly wage analysis (via market pricing).

  • Provide guidance and support on skills-based hourly compensation structures and compensation related matters.

  • Serve as a main point of contact for ongoing administration on the Hourly side.

  • Analyze organizational pay practices and make recommendations for wage rate changes to ensure equity.

  • Respond to ad-hoc compensation related reporting requests.

  • Support analytical initiatives across the organization.

  • Support and contribute to diverse compensation projects encompassing program design, analysis, budgeting, and program implementation.

  • Support the annual compensation planning cycle, ensuring the proper functionality of the compensation planning systems, and conducting analyses to support compensation programs and budgeting processes. This includes Cost of Labor increases for the hourly population, and merit increases and incentive payouts for the salaried population.

  • Review and provide guidance on Workday Business Processes such as Job Changes, Compensation Changes, One Time Payments, and Position Management processes.

  • Participate in compensation surveys and maintain an up-to-date market data database.

  • Provide guidance and support to HR Business Partners, Business Leaders, Talent Acquisition, and Center of Excellence teams on compensation-related matters including job evaluations, job descriptions, promotions, salary adjustments, etc.

  • Support maintaining up to date job catalog across the organization.

  • Support and monitor the Corporate Compensation inbox and triage as applicable.

  • Support reviews, audits, and testing for Compensation related matters.

  • Ensure compliance with all applicable laws and regulations related to compensation, including FLSA, EEO, and pay equity standards.

  • Identify enhancement opportunities and recommend applicable changes to processes and policies.

  • Support communication and change management efforts for compensation programs, facilitating understanding across the organization.

  • Maintain a high level of data integrity, flagging and resolving inconsistencies when appropriate.

  • Perform other related duties, as assigned.

Qualifications

Qualifications:

To perform this job successfully, an individual must be able to satisfactorily perform each essential duty. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:

  • Bachelor's degree and at least 4 years of experience in Compensation with at least 2 years in Manufacturing; OR Associate degree and at least 6 years of experience in Compensation with at least 2 years in Manufacturing

  • Highly proficient in Excel

  • Proficient in Outlook, Word, and PowerPoint

  • Strong verbal and written communication skills

  • Strong math skills

  • Ability to research complex inquiries

  • Ability to conduct complex analytical analysis on Compensation related matters

  • CCP and/or SHRM-CP preferred

Responsibilities This Position is for Pactiv Evergreen Inc. Job Summary: As a Senior Compensation Analyst, you will work under the direction of the Associate Director of Compensation and provide analytical support across the organization, with an emphasis on the Hourly side of our Manufacturing locations. Additionally, this role will support organization-wide initiatives and annual processes. Essential Functions: - Conduct hourly wage analysis (via market pricing).

  • Provide guidance and support on skills-based hourly compensation structures and compensation related matters.

  • Serve as a main point of contact for ongoing administration on the Hourly side.

  • Analyze organizational pay practices and make recommendations for wage rate changes to ensure equity.

  • Respond to ad-hoc compensation related reporting requests.

  • Support analytical initiatives across the organization.

  • Support and contribute to diverse compensation projects encompassing program design, analysis, budgeting, and program implementation.

  • Support the annual compensation planning cycle, ensuring the proper functionality of the compensation planning systems, and conducting analyses to support compensation programs and budgeting processes. This includes Cost of Labor increases for the hourly population, and merit increases and incentive payouts for the salaried population.

  • Review and provide guidance on Workday Business Processes such as Job Changes, Compensation Changes, One Time Payments, and Position Management processes.

  • Participate in compensation surveys and maintain an up-to-date market data database.

  • Provide guidance and support to HR Business Partners, Business Leaders, Talent Acquisition, and Center of Excellence teams on compensation-related matters including job evaluations, job descriptions, promotions, salary adjustments, etc.

  • Support maintaining up to date job catalog across the organization.

  • Support and monitor the Corporate Compensation inbox and triage as applicable.

  • Support reviews, audits, and testing for Compensation related matters.

  • Ensure compliance with all applicable laws and regulations related to compensation, including FLSA, EEO, and pay equity standards.

  • Identify enhancement opportunities and recommend applicable changes to processes and policies.

  • Support communication and change management efforts for compensation programs, facilitating understanding across the organization.

  • Maintain a high level of data integrity, flagging and resolving inconsistencies when appropriate.

  • Perform other related duties, as assigned.

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