Senior Compensation Analyst

  • 600 Hennepin Ave, Minneapolis, MN 55403, USA
  • Full-time
  • Sub-Department: Total Rewards
  • Department: HR
  • Site Location: Minneapolis

Company Description

When it comes to being wild, we know a thing or two. We’re not afraid of trying something new or the hard work it takes to make it happen. It’s in our DNA. We’ve turned a family recipe into the world’s largest meat snack business, that’s still proudly family owned and operated.

We’re a company built by innovators, and are driven to not only satisfy your hunger, but to also feed your journey – whether that journey is on the road, on the run, at the campground, at the playground, in the office or in the moment. It’s a journey we share with you. It’s the journey forward of our people, of our communities, of our category…with a reverence for quality and an irreverence for the status quo.

At Jack Link’s Protein Snacks, we see every moment of every day as an opportunity to move forward, to forge new ground, to realize our vision of becoming the World’s #1 Protein Snack Company. We never give up. You never give up. Together, we keep going. Are you wild enough to join us?

Join the team, make a difference, be part of something bigger.

Link Snacks, Ink (“Jack Link’s”) is the #1 Meat Snack brand in the U.S. Headquartered in Minong, Wisconsin, Link Snacks is a family-owned and operated company that represents a heritage of quality, safety and innovation. The company is made up of passionate team members who share an uncompromising commitment to delivering awesome products. Sold in more than 40 countries, the Link Snacks’ family of companies owns a portfolio of brands that includes Jack Link’s®, Lorissa’s Kitchen®, Wild River®, Golden Island®, MATADOR®, BiFi®, and Peperami®.

Job Description

This position is a hybrid role.

Under the leadership and direction of the Senior Vice President of Human Resources, the Senior Compensation Analyst is responsible for analyzing, developing and administering Team Member compensation programs which includes conducting benchmarking and market research, survey participation and analysis of base pay, incentive performance management and other pay programs. They will lead the implementation of new projects and initiatives and directing the service delivery of the compensation philosophy. The goal is to ensure that the compensation programs enhance the organization’s ability to recruit, retain and motivate our Team Members.

Specifically, you will: 

  • Evaluate jobs and analyze base salaries and incentive plans for external competitiveness, internal equity, and legal compliance
  • Survey industry and market data to determine company’s competitive position in all direct and indirect pay programs to ensure that compensation and benefits programs enhance the organization’s ability to recruit, retain and motivate team members
  • Identify geographic pay differentials and apply varying conditions in compensating team members
  • Creates, implements, and manages a meaningful annual merit/bonus planning process
  • Develops, recommends, manages, and implements compensation structures including grade/band structures, bonus plans, sales incentive plans and executive compensation plans and ensures that the programs are fair, equitable and competitive and that they align with company strategy and business goals
  • Monitors compensation program elements such as competitive pay adjustments, promotions, job changes and short-term incentive goals and awards
  • Maintain compensation data and generate compensation reports
  • Provides HR team and leaders with tools to ensure all pay adjustments and promotions align to established guidelines, policies, and practices
  • Conducts regular total compensation market analysis to update or confirm total compensation structure and market competitiveness for each position and function
  • Interpret competitive compensation data, present observations to management and recommends actions based on analysis
  • Ensures that detailed job descriptions and relevant compensation structures are reviewed with HR leadership and functional leaders
  • Conduct job evaluations of new and revised positions using methods such as market pricing or job slotting
  • Design and maintain pay/grade structure and pay delivery methodology
  • Collaborate with HR Business Partners and Business leaders to understand and in partnership, help solve for issues related to compensation and benefits
  • Influence the design of an HRIS for optimal compensation planning experience
  • Oversees the preparation of reports and applications required by law to be filed with federal and state agencies, such as Internal Revenue Service, Department of Labor, etc.
  • Ensure data integrity of employee salary data through SAP
  • Utilize Cornerstone platform to develop compensation planning

 

Qualifications

  • BS degree in Business Administration, Human Resource Management or related field or equivalent experience
  • 5 years’ experience in compensation including base salary design/administration, use of market surveys, job pricing and variable pay design
  • Excellent communication and interpersonal skills and a proven ability to build strong relationships across all levels of an organization
  • Proven experience working with and managing confidential and sensitive information
  • Experience applying data and analytics to influence decision making and business outcomes
  • Knowledge and understanding of all applicable laws (e.g., FLSA)
  • Experience working with Geographic Differentials
  • Proven proficiency in Microsoft Office Suite with strong excel modeling skills required, including ability to understand and trace complex formulas, and comfort with functions such as SUMIFS, VLOOKUP, and with pivot tables. Strong attention to detail.
  • Highly self-motivated with strong time management, interpersonal, communication and planning skills
  • Experience in organizing and prioritizing multiple projects / deliverables
  • Certification from WorldatWork or SHRM a plus
  • Experience working in privately held companies desired
  • Experience working in manufacturing companies desired

Preferred qualifications:

  • Experience with Cornerstone Learning Management System
  • Experience with Merit Planning Systems

 

Additional Information

EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER:
Jack Link’s provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic that is protected by federal, state or local law.

E-VERIFY:
Jack Link’s is participant in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees.  For information about the E-Verify program, please visit:  http://www.uscis.gov/e-verify/employees

All your information will be kept confidential according to EEO guidelines.

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