Sr. Compensation Analyst Job at Michaels Stores, Irving, TX

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  • Michaels Stores
  • Irving, TX

Job Description

Overview

Hybrid position based in Irving, Texas. In-office attendance is required Monday through Thursday, with the option to work from home on Fridays.

Under the direction of the Director Compensation or Manager - Compensation, this role analyzes, maintains and processes compensation program elements to support company initiatives and organizational needs. The analyst is accountable for competitive analysis, program scenario modeling, monitoring of business unit compensation, program administration and support of properly communicated compensation programs.

Responsibilities


  • Support bonus plan calculations and communication efforts.
  • Support the administration of annual pay programs, including project managing year-end merit process.
  • Partner with internal stakeholders to ensure data accuracy, system readiness and communication efforts.
  • Consult with business partners on basic to moderately complex compensation issues using knowledge of compensation, human resources, and internal policies.
  • Responsible for the maintenance of compensation and compensation-related data in the Workday system and other internal systems of record, including job profiles, salary structures, incentive plans, reporting and validation.


Minimum Certifications and Technical Skills
  • BS, BA degree in business or a related degree or equivalent work experience required.
  • Advanced Excel Skills (Pivot Tables, Lookups, Complex Formulas).
  • Workday experience (HCM, Core Compensation and Advanced Compensation Modules).


Minimum Experience
  • 4-5 years compensation analysis experience and understanding of compensation philosophies.
  • 4-5 years experience in HR, with working knowledge of a wide range of HR practices.
  • 2-3 years experience in equity plan administration, project and process management, preferably within a shared services environment.


Other Skills
  • Strong organization and communication skills.
  • Ability to plan and manage independent project work.
  • A high degree of accuracy, confidentiality and timeliness is required for the completion of assigned projects.
  • Ideal candidate is an analytical-minded self-starter who is eager to dive right in and make an immediate impact on the Global Total Rewards and Compensation team.
  • Demonstrated experience with year-end rewards processes and executing on annual merit, bonus, and other planning cycles.


Preferred Certifications and Skills
  • Alteryx


Preferred Experience
  • Experience building financial models for cost-benefit analysis of compensation.


Benefits

We offer robust benefits for both full-time and part-time Team Members, including health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and more.

Equal Opportunity and Accommodations

Michaels is an Equal Opportunity Employer. We are committed to the full inclusion of all qualified individuals. If a reasonable accommodation is required to participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

Job Details
  • Seniority level: Mid-Senior level
  • Employment type: Full-time
  • Job function: Human Resources
  • Industries: Retail


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Job Tags

Full time, Part time, Work experience placement, Work at office, Local area, Immediate start, Work from home, Monday to Thursday,

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