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Compensation Analyst III

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Sierra Nevada Corporation

1mo ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Accounting & Tax
  • Sparks

AI generated summary

  • You need a bachelor's degree, 6+ years in compensation analysis, strong Excel skills, communication abilities, project management experience, CCP certification, and knowledge of aerospace and contracting laws.
  • You will analyze compensation data, conduct market research, recommend salary adjustments, manage programs, educate stakeholders, and ensure equitable pay practices.

Requirements

  • Bachelor’s degree preferably in finance, accounting, economics, mathematics, Human Resources, Business Administration, or related field.
  • 6+ years of experience in compensation analysis and program development
  • Strong analytical skills with the ability to analyze data and develop recommendations based on findings.
  • Advanced knowledge of Excel, including experience with pivot tables, v-lookups, and other advanced functions.
  • Excellent communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner.
  • Strong project management skills with the ability to manage multiple projects simultaneously.
  • Ability to adapt and work with a variety of situations, individuals, or groups
  • Certified Compensation Professional (CCP) Certification
  • Experience in the Aerospace & Defense Industry, including knowledge of rate structures and Government Contracting
  • Exposure to Service Contract Act (SCA) or Davis Bacon Act (DBA)

Responsibilities

  • Conduct market research and analysis to determine competitive compensation rates and trends for all organizational positions. Communicate findings to stakeholders effectively.
  • Analyze data thoroughly and offer recommendations aligned with the company's philosophy and departmental objectives.
  • Act as a key liaison with management on all compensation-related matters.
  • Administer competitive and equitable compensation programs to attract and retain high-performing employees.
  • Audit data with strong attention to detail and resolve discrepancies.
  • Apply in-depth knowledge of survey and statistical techniques for compensation analysis, job classification, and salary structure adjustments.
  • Identify and implement best practices to continuously improve the compensation program and its strategic direction.
  • Participate in compensation-related projects, including design, implementation, and communication.
  • Evaluate job positions for FLSA classification and provide salary recommendations.
  • Approve promotions, job changes, and salary adjustments using sound compensation fundamentals.
  • Maintain and report on accruals and results for Annual Incentive Plans, Long-Term Incentives, Non-Qualified Deferred Compensation, and other compensation activities.
  • Analyze data for Total Rewards, Bonus, and Merit statements, and recommend adjustments to compensation communication.
  • Utilize strong communication skills to influence and educate leaders on compensation decisions.
  • Educate employees and leaders on compensation activities, practices, and philosophy (Comp 101).
  • Perform other duties as assigned.

FAQs

What are the primary responsibilities of a Compensation Analyst III at SNC?

The primary responsibilities include conducting market research and analysis, analyzing compensation data, acting as a liaison with management on compensation matters, administering compensation programs, auditing data for discrepancies, implementing best practices, participating in compensation projects, evaluating job positions for classification, approving promotions and salary adjustments, and educating employees and leaders on compensation practices.

What qualifications are required to apply for this position?

Candidates must have a Bachelor's degree in finance, accounting, economics, mathematics, Human Resources, Business Administration, or a related field, as well as 6+ years of experience in compensation analysis and program development.

Are there any preferred qualifications for this role?

Yes, preferred qualifications include a Certified Compensation Professional (CCP) Certification, experience in the Aerospace & Defense Industry, and exposure to Service Contract Act (SCA) or Davis Bacon Act (DBA).

What skills are necessary for a Compensation Analyst III?

Necessary skills include strong analytical abilities, advanced Excel knowledge, excellent communication skills, project management skills, and the ability to adapt to various situations and groups.

Is experience in a specific industry preferred for this role?

Yes, experience in the Aerospace & Defense Industry is preferred, including knowledge of rate structures and Government Contracting.

Does SNC offer any benefits for this role?

Yes, SNC offers a generous benefits package, including medical, dental, and vision plans, a 401(k) plan with a 150% match up to 6%, life insurance, 3 weeks of paid time off, tuition reimbursement, and more.

What is the company’s stance on diversity and inclusion?

SNC is committed to fostering an inclusive, accepting, and diverse environment free of discrimination, making employment decisions without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

What is the process for applying for this position?

Interested candidates should apply through the official SNC careers page or job posting platform where this position is listed.

Are there any citizenship or residency requirements for this position?

Yes, to conform to U.S. government international trade regulations, applicants must be U.S. citizens, lawful permanent residents, or eligible to obtain the required authorizations from the U.S. Department of State or U.S. Department of Commerce.

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Sierra Nevada Corporation

Defence & Aerospace
Industry
1001-5000
Employees
1963
Founded Year

Mission & Purpose

SNC is an innovative and agile aerospace and defense contractor. We design, manufacture, and enhance spacecraft, aircraft, ground vehicles, electronics, hardware and software, and provide services that serve and empower our astronauts, war fighters, and first responders. Honored as a Tier I Superior Supplier for the U.S. Air Force, we consistently rank among America’s fastest growing businesses. We were also selected to represent the commercial space industry by the newly formed National Space Council as one of the most innovative U.S. companies in space. Founded in 1963 and headquartered in Reno/Sparks, Nevada (America's #1 Best Small City), SNC is privately owned and operates under the leadership of owners, CEO Fatih Ozmen, and Chairwoman & President Eren Ozmen. Today we have nearly 4,000 employees in 32 locations in 19 U.S. states, England, Germany and Turkey.