Senior Compensation Analyst - Field Programs & Insights

Lowe’s; Mooresville (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

Lowe’s is seeking a Compensation Analyst to design, develop, and administer base salary, variable and incentive programs for retail stores, distribution centers, and corporate associates at the Mooresville HQ. You will help ensure market competitiveness and internal equity.

You will analyze market data, model bonuses, prepare policy docs, and process compensation events while maintaining confidentiality and collaborating with Finance, Accounting, and Corporate Communications.

Qualifications

• Bachelor’s degree in Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis or related field or equivalent years of experience in lieu of education requirement.
• 5 Years Experience in Microsoft Excel, database analytics, and financial analysis. Experience working in a compensation environment. Excellent verbal and written communication skills. Ability to learn software platforms quickly. Experience dealing with confidential information.

Responsibilities

• Evaluates market data/trends and conducts analyses to determine the competitiveness of Lowe’s compensation programs, and makes recommendations accordingly.
• Performs analysis, modeling, and calculations for annual bonuses, incentive programs and other ad hoc data requests.
• Assists with the preparation of policy documentation and recommends clarification to policy issues.
• Facilitates and processes increases for compensation events, such as annual merit increases, wage increases, step increases, etc.
• Reviews information coming back from the field to ensure its accuracy.
• Communicates various store, distribution center or corporate incentive awards via reports, meetings, emails, online systems, etc.
• Serves as a tactical SME on assigned programs and processes at a granular
• Participates in compensation surveys, completing and maintaining job documentation and performing job analysis.
• Conducts job evaluation and reviews new and/or existing roles (i.e., ranking, factor comparison, points method, etc.)
• Ensures compliance with all federal, state, and regulatory standards and laws governing the compensation programs
• Works closely with other groups (Accounting, Finance, Employee & Corporate Communications, etc.) in order to ensure Lowe’s compensation strategy is executed seamlessly.
• Ability to maintain confidentiality around all different types of personal employee information.

Skills

Analytical thinking

Communication skills

Confidentiality

Learning software

Education

Bachelor’s degree in Business/HR/Finance or related field

Tools

Microsoft Excel

Job description

Lowe’s is seeking a Compensation Analyst to design, develop, and administer base salary, variable and incentive programs for retail stores, distribution centers, and corporate associates at the Mooresville HQ. You will help ensure market competitiveness and internal equity.

You will analyze market data, model bonuses, prepare policy docs, and process compensation events while maintaining confidentiality and collaborating with Finance, Accounting, and Corporate Communications.