Associate Compensation Analyst

La-Z-Boy Inc.; Monroe (MI); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

401(k) plan with company match

Job summary

La-Z-Boy Incorporated is seeking a Total Rewards Analyst to analyze and enhance compensation programs, with an initial focus on the Retail division. You will partner with HRBPs and Payroll to validate data for commissions and incentives, and provide actionable recommendations to improve accuracy and reporting.

You will handle inquiries in the HRIS, support system improvements, and contribute to special compensation-related projects across the company.

Qualifications

• Bachelor’s degree in HR, Finance, Business or related field.
• Strong Excel skills and experience with large data sets.
• Ability to maintain confidential data and meet deadlines.

Responsibilities

• Collaborate with HRBPs and Payroll to analyze data for commission, bonus, and incentive programs.
• Perform data analysis on pay structures to recommend enhancements and improve reporting.
• Troubleshoot discrepancies in compensation data with Total Rewards, Payroll, and HRBPs.

Skills

Excel proficiency

Data analysis

Attention to detail

Confidential data handling

Travel up to 5%

Education

Bachelor’s degree in HR/Finance/Business

Tools

Workday

HRIS

WFM

Job description

Comfort starts with our 10,000+ team members across the globe, who are transforming the power of comfort every day. Our employees have the power to change lives, in our homes, work and communities. We foster an inclusive environment while honoring a legacy built on family, where everyone can be themselves.If you are ready to join an industry leading organization where our people are the most important asset, and innovation propels us into the future, you’re ready to take your seat at La-Z-Boy Incorporated.WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORTJob Summary:This role supports the Total Rewards team by analyzing and enhancing various compensation programs. Primary responsibilities include supporting sales incentive programs, conducting data analysis on current pay practices for the Company and providing recommendations on improvements, and assisting in special projects to support organization changes. Initial focus will be on supporting the Retail division.Job Description:KEY RESPONSIBILITIES (other duties as assigned):Collaboration with HRBPs and Payroll: Partner closely with HR Business Partners (HRBPs) and the Payroll team to analyze current practices for gathering, validating, and calculating essential data for various commission, bonus, and incentive programs.Data Analysis for Insights: Conduct thorough data analysis on existing pay structures and employee compensation data to provide actionable recommendations for enhancing all compensation frameworks, administration processes, and reporting mechanisms.Discrepancy Resolution: Proactively troubleshoot and address discrepancies in compensation data in collaboration with the Total Rewards team, Payroll, and HRBPs to ensure accurate variable compensation payouts.Commission Reporting: Generate and review monthly commission reports for the Total Rewards team and Retail Leadership, including the creation of process documentation, audit reports, and other ad hoc reporting requests.Compensation Support: Field compensation related inquiries from employees who submit cases in the HRIS platform, ensuring timely and accurate resolution of questions in alignment with pay plans and the company’s compensation philosophy.System Improvements: Contribute to ongoing and future implementations and enhancements of Point of Sales(POS) reporting systems and HRIS configurations, ensuring they meet compensation accuracy and reporting needs.Special Projects: Undertake special assignments as directed and provide comprehensive support for additional compensation-related processes as necessary.SCOPE & IMPACT:As a key member of the Total Rewards Team, this role will prioritize compensation administration and data analysis to enhance pay practices for all divisions in the Company. This role has a direct impact on employee compensation and requires a high degree of confidentiality and attention to detail.MINIMUM REQUIREMENTS:Bachelor’s degree in Human Resources, Finance, Business or related field with 0-2 years of relevant experience or equivalentHighly proficient in ExcelExperience working with large data setsHigh attention to detailCuriosity to understand the story behind numbersAbility to maintain confidential data and meet strict deadlinesUp to 5% travelPREFERRED REQUIREMENTS:Experience using HR systems – WFM, WorkdayExperience and knowledge with sales and manufacturing incentive paySUPERVISORY RESPONSIBILITIES: NonePHYSICAL DEMANDS/WORK ENVIRONMENT:Office environment/no specific or unusual physical or environmental demands.OTHER DUTIES: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the incumbent for this job. Duties, responsibilities and activities may change at any time with or without notice.Weekly Hours:40Benefits for Employees in the US:Benefit offerings to employees and their families include: Medical, Vision, Dental and Basic Life Insurance, available 401k retirement plan with company match of up to 6%. Paid time off includes: 9-11 paid holidays each year, two weeks’ prorated vacation as a new hire and either personal time (non-exempt only) or state mandated sick time.More information can be found via: https://learn.bswift.com/la-z-boyIf this role requires travel / driving in order to perform the key responsibilities outlined above, candidates must be able to meet the qualifications noted in the company’s Driver Management Program to be considered for the role.At La-Z-Boy Incorporated, we're an equal opportunity employer. We understand that our employees’ diverse backgrounds, experiences, perspectives, and viewpoints add value to our ability to create and deliver the best possible service, quality products, and is of utmost importance as we work together to build comfort. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.We are committed to fostering an environment in which all employees feel valued, included, and empowered to do their best work and bring great ideas to the table. If you are a qualified individual that may need a change or adjustment to the application/interviewing/hiring process as a result of your disability, you may request a reasonable accommodations by emailing our recruiting team at [e-mail] or by calling 734-242-1444.