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Global Compensation Analyst at TPI Composites, Inc in Scottsdale, Arizona

Posted in Management 30+ days ago.

Type: Full-Time





Job Description:

This position will be part of the Global Compensation, Benefits, and HR Systems Team.  Incumbent will support the compensation function by developing and administering TPI’s global total reward philosophy and programs as well as analyze compensation data and trends. This position ensures that compensation plans are competitive, fiscally viable and in accordance with local and country labor law requirements. The Global Sr. Compensation Analyst will evaluate TPI’s renumeration packages by analyzing associate responsibilities and doing comparative analysis against qualified market data. This position requires outstanding business acumen and sound understanding of compensation analysis, in addition to the ability to work confidently with highly sensitive information.


 


Key Responsibilities of the Global Sr. Compensation Analyst:



  • Consults and advises HR regarding compensation policy interpretation, new hire offers, promotions, market analysis, job evaluation, and other compensation projects and initiatives.

  • Provides advice and analysis through the annual merit and bonus process in addition to being accountable for geographic and team level roll-ups.

  • Partner with different geographic markets to ensure variable compensation plans/performance bonus strategies align with corporate compensation philosophy and establish and maintain proper quality controls on the specific incentive plans for their operation.

  • Evaluates jobs and recommends levels to ensure internal equity and external competitiveness as well as FLSA status for US positions.

  • Prepares compensation-related training material focuses on leadership understanding and communication in addition to associate understanding of TPI’s total reward philosophy.

  • Assist in the development, implementation and administration of systems for pay for performance and variable incentive pay programs.

  • Monitor, track and assess monthly and quarterly, incentives (in cooperation with global finance team) for several geographies with varying scorecard requirements.

  • Develops and documents procedures to ensure compliance.

  • Works with HRIS to ensure that all systems meet compensation needs and are updated according to compensation changes. This includes managing global jobs within the global HCM system.

  • Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.

  • Prepares and presents summary reports of job analysis and compensation analysis information.

  • Works cooperatively with business partner and talent acquisition team members in presenting unified recommendations to the business in compensation related matters.

  • Advises management on applicable state and federal regulations (US) in addition to global labor laws, compensation policies and procedures.

  • Manages data requests and reporting including cyclical benchmarking of positions.

  • Provide data input to annual salary surveys and other compensation data requests by federal, state and local regulatory agencies including for operations outside of the US (China, Turkey, Mexico, India, Germany, Spain, and Denmark).

  • Other duties as required.

Who we are looking for:



  • Extensive knowledge of quantitative and qualitative research methods.

  • Proven ability to be analytical and handle data effectively, efficiently, and confidentially.

  • Extensive knowledge of human resource laws, regulations, and best practices.

  • Possess the maturity to handle sensitive information and make sound decisions.

  • Ability to juggle multiple tasks while still delivering high quality results.

  • Ability to understand the labor market and trends over time.

  • Exceptional consulting and partnering skills with cross functional HR teams, management and associates.

  • Strong organizational and project administration skills.

  • Proficient with computers to include the utilization of Microsoft programs such as Word, Excel (Advanced), Power Point and Outlook., ORACLE HRM experience highly preferred.

  • Manages fast-pace environment effectively.

  • Excellent problem-solving skills.

Education and Experience



  • Bachelor’s Degree in Human Resources or related field or equivalent education and/or relevant experience required.

  • Minimum of 7-10 years’ experience in the analysis, design and/or administration of compensation programs.

  • Experience with Compensation in a Global environment strongly preferred.





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