Senior Associate - Compensation Operations

Job Description

The Senior Associate - Compensation Operations is responsible for supporting compensation-related processes, ensuring accuracy in payroll and benefits calculations, and managing data integrity within HR systems. This role requires a keen eye for detail, strong analytical skills, and a deep understanding of compensation structures, policies, and compliance requirements. Key Responsibilities: Compensation Administration: Process and review salary changes, promotions, and other compensation-related transactions in HR systems. Support the execution of annual compensation cycles, including merit increases, bonuses, and market adjustments. Ensure compliance with company policies and regulatory requirements regarding compensation. Data Management Analysis: Maintain and update compensation data in HRIS, ensuring accuracy and consistency. Generate reports and analyze trends related to salary structures, incentive programs, and pay equity. Identify discrepancies and work with HR teams to resolve any issues related to compensation data. Payroll Benefits Coordination: Partner with payroll and benefits teams to ensure timely and accurate payment processing. Assist in audits related to payroll, benefits, and compensation to ensure compliance with wage compliance. Support calculations and adjustments for special payments, including overtime, incentives, and deferred compensation. Stakeholder Collaboration: Work closely with HR Business Partners, Finance, and Payroll teams to ensure alignment of compensation strategies. Assist in responding to employee inquiries related to compensation, payroll discrepancies, and incentive programs.