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Paychex

Corporate Commissions Analyst

Career Insights for Compensation / Benefits Analyst

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What they do

A Compensation or Benefits Analyst evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.

$85,901 / year median in New York

+5% projected growth

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Job Description

Paychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex. Overview Provide support and analysis in order to ensure accurate and timely distribution of sales commission and bonuses, corporate sponsored sales programs, reporting, and recognition and rewards for the sales organization. Responsibilities Prepares monthly sales and commission data to ensure accurate payment of commissions for all sales personnel and divisions in accordance with the associated compensation plans. Builds compensation plans within Oracle Incentive Compensation (OIC) application. Builds reports within Oracle Analytics (OBIEE) module to support reporting needs for the Sales organization. Ensures that all assigned internal analysis and monthly close processes for the Core and MMS Commission Cycle are completed on time and within quality control guidelines. Performs monitoring controls to ensure the accuracy of data within OIC, working with Corporate Commissions Coordinators to make necessary corrections in a timely manner throughout the monthly commission cycle. Establishes and documents standard operating procedures to support daily usage and maintenance of OIC and associated commission systems. Assists the Corporate Commission Managers in developing new system enhancement projects as well as design and analyze current system enhancements while assisting in the development of new procedures and processes in order to meet changing compensation plan requirements or improve the overall efficiency of the commissions process. Works with Corporate Support to appropriately identify system related issues and developing resolutions to rectify potential and existing problems. Responds in a timely and accurate manner to all levels of sales management, including senior management and their assistants, to address all issues concerning the Core/MMS sales division. Qualifications Bachelor's Degree in 3 years of experience in Related field, consideration may be given to a candidate with a degree of lieu of experience. Sales
  • Preferred Management
  • Preferred Writing
  • Preferred Microsoft Excel
  • Preferred Analytical Skills
  • Preferred Accounting
  • Preferred Finance
  • Preferred Reporting and Analysis
  • Preferred Accounting Operations
  • Preferred Accruals
  • Preferred Business Decisions
  • Preferred Key Performance Indicators (KPIs)
  • Preferred Workflow Management
  • Preferred Calculations
  • Preferred Ad Hoc Analysis
  • Preferred Compensation In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $45,400
  • $71,300 annually.
Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range. Live the Paychex Values Act with uncompromising integrity. Provide outstanding service and build trusted relationships. Drive innovation in our products and services and continually improve our processes. Work in partnership and support each other. Be personally accountable and deliver on commitments. Treat each other with respect and dignity. What's in it for you?
We value your well-being:
We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
We value your time:
From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
We value your development:
Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
We value your perspective:
Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
We value our communities:
We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.
Note:
The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary. Not sure if you meet every requirement? At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit
  • either for this position or another opportunity with us.
Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment.
Qualifications:
Bachelor's Degree in 3 years of experience in Related field, consideration may be given to a candidate with a degree of lieu of experience. Sales
  • Preferred Management
  • Preferred Writing
  • Preferred Microsoft Excel
  • Preferred Analytical Skills
  • Preferred Accounting
  • Preferred Finance
  • Preferred Reporting and Analysis
  • Preferred Accounting Operations
  • Preferred Accruals
  • Preferred Business Decisions
  • Preferred Key Performance Indicators (KPIs)
  • Preferred Workflow Management
  • Preferred Calculations
  • Preferred Ad Hoc Analysis
  • Preferred

Benefits

  • Paid Time Off (PTO)
  • Financial Aid/Assistance
  • 401(k) Plans
  • Other Retirement and Savings