Senior Variable-Pay Compensation Analyst

Socket.dev; Reading (Berks County); On-site; USD 90,000 - 130,000; Full time

Job summary

Penske’s Corporate Compensation team is seeking a Senior Compensation Analyst focused on variable pay to support the Manager Compensation and related commission and incentive plans. The role provides compensation analysis and consultation to management and HR Partners, guiding managers on plan policies and offering system support when needed.

The position contributes to design, compliance, and training initiatives, collaborating across corporate departments to ensure equitable and competitive

Responsibilities

• Provide compensation support and consultation to various corporate departments and field locations.
• Lead and process annual plan design and documentation.
• Identify trends and develop recommendations to address any areas of opportunity.
• Assist in audits and reviews to ensure compliance.
• Partner with the compensation team on variable, commission plans for new jobs to determine compensation structure.
• Partner with compensation of jobs and ranges for the organizations compensation program to evaluate internal equity, external competitiveness and legal compliance.
• Deliver training to HR and Managers to educate them on our compensation philosophy, practices and systems.
• Actively participate in projects that impact associate compensation and organizational hierarchy, offer compensation support when necessary.

Job description

Penske’s Corporate Compensation team is seeking a Senior Compensation Analyst focused on variable pay to support the Manager Compensation and related commission and incentive plans. The role provides compensation analysis and consultation to management and HR Partners, guiding managers on plan policies and offering system support when needed.

The position contributes to design, compliance, and training initiatives, collaborating across corporate departments to ensure equitable and competitive