Analyst, Compensation

Our values start with our people, join a team that values you!

We are the nation’s largest off-price retailer with over 2,000 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience.
As part of our team, you will experience:

• Success. Our winning team pursues excellence while learning and evolving
• Career growth. We develop industry leading talent because Ross grows when our people grow
• Teamwork. We work together to solve the hard problems and find the right solution
• Our commitment to Diversity, Equity & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.

Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 7 distribution centers nationwide. With 2022 revenues of $18.7 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.

Come see what’s in store: https://jobs.rossstores.com/creative/about

GENERAL PURPOSE:
To provide analytical and other professional level support to the compensation function. Support management in the design, development, implementation and administration of pay programs including base pay, salary administration, salary surveys, job descriptions and evaluations, salary/market pricing analysis, and incentive programs. This position will be proactively handling day-to-day compensation program administration.

The base salary/pay range for this role is $64,500 - $91,850. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.

ESSENTIAL FUNCTIONS:

• Analyzes, documents, and evaluates new and revised jobs to develop job descriptions and recommend appropriate grade level and FLSA status using market data and internal comparisons to ensure external competitiveness and internal equity.

• Leads annual compensation planning processes (Focal), including salary structure updates, merit increases implementation, and incentive awards modeling.

• Reviews requests for pay actions, including promotions and salary equity adjustments, for conformance to guidelines, policies, and practices. Performs market research and makes recommendations relating to requests outside of pay guidelines.

• Performs competitive pay analysis and modeling in support of merit and incentive programs and ongoing job evaluation needs.

• Prepares and analyzes salary survey data submissions. Uses results from survey data to determine organization's competitive position.

• Formulates recommendations regarding development and maintenance of compensation guidelines, salary structure, merit increase budget and geographic differentials to maintain competitive position in the market.

• Supports the maintenance and update of Compensation related data in the HRM system, the market data tool, and the Compensation planning tool.

• Monitors minimum wage laws in jurisdictions where the company operates and reviews impact of changes on compensation cost.

• Monitors compensation practices and ensures compliance with laws and regulations and advises management of regulatory changes.

• Other projects and duties as assigned

COMPETENCIES:

• Plans, Aligns and Prioritizes

• Leads by Example

• Communicates Effectively

• Business Acumen

• Ensures Accountability & Execution

• Organizational Agility

• Collaboration

• Managing Conflict

QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:

• Bachelor's degree required

• 3 years progressive analytical experience, preferably within Compensation, finance, or other HR discipline

• CCP or course work completed towards CCP preferred

• Excellent PC skills including Microsoft Office (Excel, Word, and PowerPoint) with extensive advanced Excel experience preferred (macros, v-lookups, pivot tables, and other advanced functions)

• Advanced analytical skills with the ability to synthesize data to support findings and recommendations

• Experience querying and working with large datasets

• Experience with job evaluation and market pricing methods preferred

• Strong problem-solving and research skills

• Excellent interpersonal, verbal, and written communication skills at all levels of the organization

• Ability to build relationships with Human Resources partners

• Strong organizational and project management skills, along with the ability to appreciate a fast-changing business environment and understand the need for urgency

• Ability to manage conflicting priorities under tight deadlines with an ability to take ambiguity in stride

• Flexible and proactive problem solver adept at achieving results in a team-oriented and collaborative environment, with dual ability to function effectively working independently

• Ability to handle extremely confidential information in a professional and discreet manner

PHYSICAL REQUIREMENTS/ADA:
This position requires the ability to work in an office environment, including using a computer, attending meetings, working as part of a team, and the ability to communicate with team members and others. Regular attendance also is a requirement of the position.
This role requires regular in-office presence, including to engage in in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work. #LI-Hybrid

SUPERVISORY RESPONSIBILITIES:
None

DISCLAIMER:
This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management's discretion.

Ross is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities and experience. We believe that it is an essential part of the Company's overall commitment to attract, hire and develop a strong, talented and diverse workforce. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.