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Compensation Analyst Senior
TSYS
Columbus, GA, United States
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Every day, the people of TSYS® and Netspend® improve lives and businesses around the globe through payments. We make it possible for millions of people to move money between buyers and sellers using our payments solutions including credit, debit, prepaid and merchant services. We are "People-Centered Payments", and our team has the unique opportunity to help create a world in which payments make people's lives easier and better. This is both a tremendous honor and an important responsibility for those who accept the challenge. If you are looking to make a valuable difference for people everywhere — and for yourself — we may have the right place for you.
Summary of This Role
Provides compensation consulting services to several lines of business /areas of the company. Responsible for day-to-day design, administration and management of global compensation programs and systems with a primary focus on partnering with sales and finance in the design, development, and advisement on sales and management incentive programs. Develops, analyzes, implements and manages team member, company, and industry data for the compensation function. Participates and manages special projects requiring interface with vendors, consultants and company personnel at all levels.
What Part Will You Play?
• Represents the compensation function while supporting the Merchant Solutions segment in the design, development and advisement on sales and management incentive programs. Develops and maintains business partnerships with Finance, HR, and Sales management to ensure alignment of incentive compensation development with organizational, financial and sales force goals. (Note: this roles does not conduct any sales incentive payment or incentive compensation system administration functions. Those aspects of sales incentives exist within the Finance team.)
• Develops, administers and recommends industry/profession best practices regarding compensation practices/ programs to include competitive salary structures, bonus programs, compensation systems, and compensation procedures/policies/regulations. Ensures recommendations and resulting programs are fiscally responsible and aligned with the company's varied compensation needs.
• Analyzes and interprets data, salary survey results data and other available competitor information sources to market price jobs that ensures an internally equitable and externally competitive compensation structure. Uses experience to make insightful and logical decisions.
• Provides expertise and advice to all levels of management and Team Members on interpretation/ development/ revision of policies and procedures, fixed/ variable compensation programs, and compensation systems.
• Reviews submitted job descriptions for quality and availability of comparable roles in the marketplace and provide best practices advice to HR/Management. Maintains job description database for modifications, additions and deletions as submitted by HR/Management. Provide additional in-depth determination or recommendation to requests for further development of additional job titles/descriptions.
• Under guidance from legal counsel, interprets existing and proposed statutory requirements governing the company's compensation administration and identify statutory changes that impact the organizations effectiveness; assists in the development of proactive strategies. Implements processes to ensure continued compliance with all regulatory requirements.
• Develops ad-hoc analysis, reports, and forecasts from Human Resources Information Systems and business applications; interpret results that assist management with decision making.
What Are We Looking For in This Role?
Minimum Qualifications
• Bachelor's Degree
• Relevant Experience or Degree in: Typically, Human Resources Management or Finance; a major which emphasizes analytical skills
• Typically Minimum 6 Years Relevant Exp
• Broad/General compensation analysis/administration experience with sales incentive design work OR specialized comp experience in sales incentive compensation design and development
Preferred Qualifications
• Master's Degree
• Typically, Masters in Business Administration (MBA) with a concentration in Human Resources Management or Finance
• Typically Minimum 8 Years Relevant Exp
• Any one of the following: Certified Compensation Professional (CCP); Global Remuneration Professional (GRP); Certified Sales Compensation Professional (CSCP); Certified Executive Compensation Professional (CECP)
What Are Our Desired Skills and Capabilities?
• Skills / Knowledge - Having wide-ranging experience, uses professional concepts and company objectives to resolve complex issues in creative and effective ways. Some barriers to entry exist at this level (e.g., dept./peer review).
• Job Complexity - Works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors. Exercises judgment in selecting methods, techniques and evaluation criteria for obtaining results. Networks with key contacts outside own area of expertise.
• Supervision - Determines methods and procedures on new assignments and may coordinate activities of other personnel (Team Lead).
• Computer Knowledge - Advanced Excel; intermediate Word, PowerPoint, and Access
• HRIS Systems - Ability to learn software applications and HR Systems and utilize their report writing tools to develop ad-hoc reports
• Compensation Acumen - Fundamental compensation concepts; business operations; HR practices; comprehensive understanding of the FLSA; in-depth knowledge of compensation theories and practical applications; basic statistical techniques
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US Applicants:
TSYS is an equal opportunity employer (EOE) committed to employing a diverse workforce and sustaining an inclusive culture. For more information about your rights, click here.
Qualified individuals with disabilities may be entitled to reasonable accommodations to assist in their pursuit of employment with TSYS. This includes assistance in completing the job application (online or otherwise) and reasonable accommodations during the hiring process.
EOE/Minorities/Females/Vet/Disability
Outside of US Applicants:
TSYS is committed to diversity and equal opportunities for everyone. We are committed to ensuring that all job applicants and team members are treated equally, without discrimination because of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability, age or any other characteristic prohibited by law. For more information, please refer to our Code of Business Conduct and Ethics, found here.