Compensation Analyst Position Available In Wake, North Carolina
Tallo's Job Summary: As a Compensation Analyst at Advance Auto Parts, Inc., your role involves managing incentive programs, resolving bonus disputes, and conducting market surveys. Responsibilities include collaborating with various departments, maintaining accurate data, and ensuring consistency in bonus plans. This hybrid position is based at the corporate headquarters in Raleigh, NC.
Job Description
Job Description
OVERVIEW
As a Compensation Analyst, you will play a crucial role in managing various programs related to Incentive Management and Consulting. Core responsibilities include bonus dispute resolution, data maintenance, and market surveys.
KEY RESPONSIBILITIES
Incentive Management Understand Field, Professional and Corporate bonus plan elements and guiding principles driving bonus exceptions Investigate and address bonus disputes raised by Team Members in a timely manner with clear and concise communication Collaborate with Human Resources Business Partners (HRBPs), Finance, and Legal partners to investigate complex compensation inquiries Collaborate with Payroll on off-cycle bonus payments Oversee the accurate maintenance of Team Member data related to compensation Ensure consistency between bonus plans and job profiles. Partner with HR Reporting & Analytics to make necessary adjustments in Workday Create documentation that clearly outlines the Company’s bonus plans and collaborate with Communications team to publish documentation Maintain thorough and accurate documentation of off-cycle bonus payments, bonus exception requests, and Act of God bonus payments Ability to handle confidential Team Member data with sensitivity and discretion Consulting Support Field, DC, and Corporate Consultants with job benchmarking exercises to ensure market competitiveness Learn guiding principles for employee retention Track and maintain Team Member retention metrics including base salary, bonus, and LTI Run ad hoc reporting requests to support data analysis needs from Consultancy
QUALIFICATIONS
Bachelor’s degree in Human Resources, Finance or related field Proficiency in data interpretation, reporting and advanced knowledge of Excel Workday experience preferred Basic knowledge of Compensation principles and bonus structures Effective communication skills to collaborate effectively with Consultants and HRBPs Detail-oriented with ability to maintain accuracy in data management
LOCATION & WORK AVAILABLITY
This position is Hybrid (4 days in office, 1 day remote) based at our corporate headquarters in Raleigh, NC. #LI-KW1 California Residents click below for
Privacy Notice:
https://jobs.advanceautoparts.com/us/en/disclosures Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,125 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services and online shopping for parts, accessories and other offerings can be found at www.
AdvanceAutoParts.com.
