Compensation Analyst

American Honda Motor Company, Inc.; Marysville (OH); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive base salary

Paid overtime

401K plan with company match

Job summary

Honda is seeking a Compensation Analyst to provide ongoing support and guidance in administering our salary and pay programs. The role involves research, market studies, and analysis to help align compensation with our reward strategy.

You will support merit and bonus programs, participate in job evaluation, and prepare recommendations based on market trends. Travel to Honda sites may be required; strong Excel and HRIS proficiency are essential for success.

Qualifications

• Bachelor’s Degree in Human Resources, related field or equivalent experience.
• 0-4 years’ experience based on education.
• Ability to work independently and meet deadlines.
• Proficient in MS Office; advanced Excel skills are critical.
• Proficient in HR System software.
• Excellent written and verbal communication skills.
• Excellent time management and ability to manage multiple projects.

Responsibilities

• Consults and advises region and leaders regarding compensation policy interpretation, new hire offers, promotions, market analysis, job evaluation, and other compensation projects and initiatives.
• Administers, supports, and provides advice and analysis for annual Compensation processes, including merit, bonus, LSEP, and NE wage increases, as well as equity/market adjustments and promotions.
• Conducts job evaluation and assigns compensation grade per Honda’s job evaluation methodology.
• Gathers data from market-based compensation surveys and uses spreadsheets and data analysis techniques to assess results and market trends.
• Assists in the design, implementation, and administration of compensation programs and policies.

Skills

Analytical thinking

Advanced Excel

Data analysis

Communication

Time management

Project management

Education

Bachelor’s degree in HR or related

Tools

MS Office

HRIS systems

Job description

What Makes a Honda, Is Who Makes a Honda

Honda has a clear vision for the future, and it’s a joyful one. We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals. At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success. We strive to be a company that serves as a source of “power” that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize “the joy and freedom of mobility” by developing new technologies and an innovative approach to achieve a “zero environmental footprint.”

We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team.

If your goals and values align with Honda’s, we want you to join our team to Bring the Future!

Job Purpose

The Compensation Analyst provides ongoing support and guidance in the administration of company salary and pay programs in accordance with the organization’s reward strategy. The Analyst supports compensation decision-making through research, market studies, and analysis. The effort will include compensation analytics, benchmarking and leveling roles. The Analyst administers multiple compensation projects and programs including, but not limited to, annual merit & bonus programs.

Key Accountabilities

• Consults and advises region and leaders regarding compensation policy interpretation, new hire offers, promotions, market analysis, job evaluation, and other compensation projects and initiatives.
• Administers, supports, and provides advice and analysis for annual Compensation processes, including merit, bonus, LSEP, and NE wage increases, as well as equity/market adjustments and promotions.
• Conducts job evaluation and assigns compensation grade per Honda’s job evaluation methodology. Analyses jobs for any applicable premiums (geographic and/or functional).
• Gathers data from market-based compensation surveys and uses spreadsheets and data analysis techniques to assess results and market trends. Prepares and presents recommendations.
• Assists in the design, implementation, and administration of compensation programs and policies.

Qualifications, Experience, And Skills

• Bachelor’s Degree in Human Resources, related field or equivalent experience required.
• 0-4 years’ experience based on education.
• Ability to work independently and meet deadlines.
• Ability to develop analytics from multiple data sources, interpret and analyze trends, and develop meaningful recommendations in a logical concise way.
• Proficient in MS Office software; advanced Excel skills are critical.
• Proficient in HR System software.
• Excellent written and verbal communication skills.
• Excellent time management skills and the ability to manage multiple projects under tight deadlines.
• Must be detailed oriented with demonstrated project management capabilities.

Working Conditions

• Some travel may be required to Honda sites.
• OT may be required during peak times.

What differentiates Honda and make us an employer of choice?

Total Rewards

• Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)
• Paid Overtime
• Regional Bonus (when applicable)
• Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
• Paid time off, including vacation, holidays, shutdown
• Company Paid Short-Term and Long-Term Disability
• 401K Plan with company match + additional contribution
• Relocation assistance (if eligible)

Career Growth

• Advancement Opportunities
• Career Mobility
• Education Reimbursement for Continued Learning
• Training and Development programs

Additional Offerings

• Tuition Assistance & Student Loan Repayment
• Lifestyle Account
• Childcare Reimbursement Account
• Elder Care Support
• Wellbeing Program
• Community Service and Engagement Programs
• Product Programs

Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.