Sr Compensation Analyst

SPX Corporation; Charlotte (NC); Hybrid; USD 110,000 - 140,000; Full time

Job summary

SPX Corporation is seeking a Senior Compensation Analyst to partner with HR and business leaders worldwide on compensation strategy and policy execution. You will serve as a subject matter expert for base pay administration, job evaluations, market benchmarking, and salary survey participation to ensure market alignment.

You will lead analyses, governance, and systems updates to ensure competitive pay structures and effective incentive programs across regions, with a hybrid onsite work

Qualifications

• 5+ years of compensation administration experience.
• Ability to benchmark to external market data and ensure internal equity.
• Experience managing salary surveys across multiple countries.
• Knowledge of federal and state compensation laws.

Responsibilities

• Conduct market analysis to determine salary levels according to leveling guidelines.
• Evaluate external competitiveness and internal equity for compensation recommendations.
• Manage Market Pay (online pricing) administration and participate in salary surveys.
• Participate in global annual salary review and develop competitive pay structures.
• Support short-term and long-term incentive programs.
• Collaborate with HRIS/HRMS to update SuccessFactors and perform compensation audits.

Skills

Analytical acumen

External market benchmarking

Internal equity analysis

Survey administration

Data auditing

Compensation laws knowledge

Education

Bachelor's degree in business or HR management

Certified Compensation Professional or GRP

Tools

Market Pay

SuccessFactors

Job description

Building the people that build the world.

With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.

How you will make an Impact (Job Summary)

SPX is a diverse team of unique individuals who all make an impact. As a Senior Compensation Analyst, you will serve as a consultant to HR and business leaders globally on a wide variety of compensation-related topics. You will help shape compensation philosophy while ensuring the integrity of our compensation strategy and practices through execution of sound policy and governance practices. You will serve as a subject matter expert for global base pay administration with emphasis on job evaluations, salary recommendations, market benchmarking, and salary survey participation to ensure that our positions continue to align to market and remain competitive.

What you can expect in this role (Job Responsibilities)

While each day brings new opportunities at SPX, your core responsibilities will be:

1. Market Analysis
   • Conduct job analysis to determine appropriate salary levels according to job leveling guidelines, maintain documentation including job descriptions, survey benchmarks, FLSA classifications and relevant supporting data.
   • Evaluate individual jobs and job families by analyzing external competitiveness and internal equity to make compensation recommendations.
2. Survey Management
   • Manage Market Pay (on-line market pricing system) administration.
   • Participate in salary surveys for multiple countries adhering to deadlines and job match accuracy.
3. Compensation Administration
   • Participate in the analysis, design, implementation and communication of the global annual salary review process.
   • Develop and maintain competitive pay structures
   • Support the administration of the short-term and long-term incentive programs.
4. Systems Administration & Governance
   • Work with HRIS/HRMS teams to ensure that SuccessFactors is updated to reflect changes to salary structures, bonus programs, vendor interfaces, etc.
   • Conduct compensation audits and assist with preparation of analytics and reports

What we are looking for (Experience, Knowledge, Skills, Abilities, Education)

We each bring something to the table, and we are looking for someone who has:

Required Experience

• 5+ Years related experience with an analytical acumen, preferably in Compensation Administration
• Ability to conduct thorough job analysis including benchmarking to external market data and internal equity.
• Demonstrated experience managing survey administration including responding to surveys and interpreting results
• Ability to audit complex sets of data, draw conclusions, make recommendations and identify opportunities for improvement.
• Knowledge of federal and state laws relating to compensation

Preferred Knowledge, Skills, and Abilities

• Stock plan knowledge for a publicly traded company is a plus.
• Familiarity with Market Pay or similar market benchmarking tools

Education & Certifications

• Bachelor's degree in business or human resource management or equivalent experience
• Certified Compensation Professional or GRP

Travel & Working Environment

• Hybrid schedule working onsite 3+ days per week
• Minimal travel

How we live our culture

Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.

What benefits do we offer?

We know that the well-being of our employees is integral. Our benefits include:

• Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
• Competitive health insurance plans and 401(k) match, with benefits starting day one
• Competitive and performance-based compensation packages and bonus plans
• Educational assistance, leadership development programs, and recognition programs

Our commitment to embrace diversity to build a culture of inclusion at SPX

We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.

SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.