Compensation Analyst

DSV
Lancaster, TX Full Time
POSTED ON 7/27/2022 CLOSED ON 10/28/2022

Job Posting for Compensation Analyst at DSV

The Compensation Analyst is responsible for supporting compensation administration and implementation for the organization's various compensation programs, helping to translate strategy into results. This includes (but not limited to) position descriptions and evaluations, FLSA determination, base and variable pay administration, survey participation, annual merit, bonus programs, and conducting various compensation analyses and studies. This position supports divisions: A&S, Road, 4PL (Lead Logistics), IMS


DUTIES & RESPONSIBILITIES

  • Analyze, develop, and maintain compensation programs to meet company objectives
  • Participate or lead special projects (e.g. pay structure development, job descriptions, AAPs)
  • Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position; review annually and recommend percent adjustment as applicable
  • Gather data from market-based compensation surveys; use spreadsheets and data analysis techniques to assess results and market trends
  • Prepare and maintain job descriptions for each position in the organization; ensuring descriptions accurately reflect the work being performed by incumbents through interviews with managers, Talent Acquisition team and HR Business Partners
  • Evaluate job positions, determining FLSA classification of either exempt or non-exempt status and assign wage range
  • Assist Talent Acquisition team and HR Business Partners on new hire offers, transfers, and promotions as requested
  • Lead the administration of annual merit compensation process by compiling employee eligibility, position, salary, and other information, providing managers with individual spreadsheets, consolidating returned sheets, preparing EC mass upload template, and coordinating with Payroll for accuracy and processing
  • Provide cost analysis leading up to and during the annual merit increase process as requested
  • Complete annual EEO and state required pay data reports
  • Lead annual OFCCP Affirmative Action Plan data collection and preparation in partnership with DSV outside counsel and HR Director and assist with associated analysis and actions to be taken, tracking and following up to ensure completion
  • Administer annual, quarterly and monthly bonus programs for both managers and operations staff (currently only A&S and some Group)
  • Ensure compliance with equal pay laws, acts or statutes
  • Administer monthly service anniversary award program (currently only A&S)
  • Assist with compensation and equity related communications
  • Participate in compensation surveys and perform associated analysis
  • Study market trends to assist in developing effective compensation programs
  • Conduct internal research and analysis to assess compensation programs, and procedures across multi-state locations within the freight forwarding industry
  • Assist with annual compensation analysis, using internal and external tools, to ensure pay equity and market competitiveness
  • Ensures compensation programs and policies comply with legal and regulatory requirements
  • Annually review to ensure current pay rates do not fall below minimum wage
  • Annually review to ensure exempt status positions still comply with legal and regulatory requirements
  • All other duties as assigned

EDUCATIONAL BACKGROUND / WORK EXPERIENCE

  • Bachelor's degree in Business Administration, Human Resources, or related field , or equivalent combination of education and experience
  • 3 years’ experience in compensation administration (5 years preferred)
  • Good understanding of job evaluations and compensation analysis
  • Proficient with compensation research and data analysis
  • Must have strong and proven analytical skills, and be detail-oriented, accurate in maintaining records and electronic filing systems

SKILLS & COMPETENCIES


Mathematical Skills

  • Intermediate

Language skills

  • English (reading, writing and verbal)

Computer Literacy

  • Strong proficiency in basic MS Office applications
    • Excel – Intermediate, prefer advanced

Other Skills

  • Must be proficient with Microsoft Office suite and able to learn new software programs quickly

FUNCTION / MARKET & INDUSTRY KNOWLEDGE / BUSINESS ACUMEN / PROCESSES

  • Ability to work on several projects simultaneously with adherence to deadlines
  • Ability to prioritize tasks
  • HRIS systems and reporting
  • Understanding of FLSA regulations
  • Ability to maintain high degree of confidentiality
  • Ability to work effectively in high-pressure situations that require sound decision making and may involve confidential or sensitive matters
  • Must be outgoing, friendly, and able to engage others in conversation on the phone, in person and online; strong communication skills
  • Must be dependable, self-motivated, organized, and professional with the ability to work without supervision
  • Ability to build relationships and influence and advise business leaders and HR business partners on complex, sensitive or contentious issues
  • Problem-solving, critical thinking, deductive reasoning, inductive reasoning, and analytical skills

PHYSICAL AND/OR MENTAL REQUIREMENTS / WORKING CONDITIONS

While performing the duties of this job, the employee uses his/her hands to finger, handle or feel objects, tools or controls; reach with hands and arms; stoop, kneel or crouch; talk or hear. The employee uses computer and telephone equipment. The vision requirements of this job include close vision and distance vision.


AT WILL EMPLOYMENT

DSV Air & Sea Inc. employees are hired for an undefined period of time as “at will” employees. This means that an employee may be terminated for any reason, or no reason at all, at any time, provided the discharge does not violate any law*. Additionally, each employee has the right to terminate his/her employment at any time. *Except if employed in Montana, where termination requires just cause.


DSV is an equal employment opportunity employer. Candidates are considered for employment without regard to race, creed, color, national origin, age, sex, religion, ancestry, veteran status, marital status, gender identify, sexual orientation, national origin, liability for military service, or any other characteristic protected by applicable federal, state or local law. If you require special assistance or accommodation while seeking employment with DSV, please contact Human Resources at hr@us.dsv.com. If you are interested in learning the status of your application, please note you will be contacted directly by the appropriate human resources contact person if you are selected for further consideration. DSV reserves the right to defer or close a vacancy at any time.


DSV – Global transport and logistics

DSV is one of the very best performing companies in the transport and logistics industry. 75,000 employees in more than 90 countries work passionately to deliver great customer experiences and high-quality services – as part of the operation or in a variety of supporting roles. If you have drive and talent and enjoy responsibility, we’ll give you the support you need to explore your potential and forward your career.


Read more at www.dsv.com

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Salary.com Estimation for Compensation Analyst in Lancaster, TX
$49,495 to $67,000
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