Compensation Analyst

Coca-Cola Bottling Co. Consolidated
life insurance, paid time off, paid holidays, 401(k)
United States, North Carolina, Charlotte
April 26, 2024
Requisition ID:189029 Posting Locations: Charlotte Our Secret Ingredient is our Teammates. We offer great rewards, competitive pay, career advancement and growth opportunities. Full Time Teammates are also eligible for: Paid Training Paid Time Off plus paid holidays 401(k) with Company matching on a dollar-for-dollar basis Employee Stock Purchase Plan (ESPP) Group Health Insurance - Medical, Dental, Vision & Disability Basic and Supplemental Life Insurance Refresh and Grow your Career with Us! Job Overview The Compensation Analyst is responsible for analyzing, evaluating, and maintaining core compensation policies, programs, and processes (including job evaluation, salary structure development, survey participation, incentive plan design, and associated analysis) to support the organization's business initiatives and strategic goals. Additionally, this position monitors Total Rewards programs, practices, and policies in compliance with applicable federal, state, and local statutes. Duties & Responsibilities Conducts analysis and creates high-level summaries to support leadership presentations and decision processes Researches and analyzes market data trends that align external benchmarks with internal positions, evaluate internal equity, external competitiveness, business conditions, legal requirements, and economic impact to make sound recommendations and resolve compensation concerns Provides analytical support to identify gaps and inefficiencies in programs, processes for a broad base and, or incentive compensation initiatives Conducts individual and group salary analysis using market-based evaluation methods and prepare recommendations to maintain a competitive position within labor markets Audits compensation processes, programs, and provides recommendations to ensure compliance with internal guidelines and government regulations Knowledge, Skills, & Abilities HR technologies, compensation modules, and compensation modeling and forecasting tools. Knowledge of relevant Federal, State, Local laws, regulations relating to compensation Experience in sourcing and managing salary benchmarking surveys, including job matching, survey submissions, comparative reviews, pay line analysis, and reporting Ability to manage multiple and competing priorities with high volume work periods combined with tight deadlines Strong analytical and problem-solving skills with the ability to influence, and lead discussions utilizing data High-level and advanced proficiency in MS Access, Excel, Word, and PowerPoint Excellent communication skills, teamwork, and collaboration Minimum Qualifications High school diploma or GED Knowledge acquired through minimum 1 up to 5 years of relevant workexperience Preferred Qualifications Three (3) years of increasing responsibility in data analysis, market research, and comprehensive knowledge of compensation Bachelors Degree in Accounting, Statistics, Business Administration, Economics, Finance, Human Resources or related experience Society for Human Resource Management (SHRM) or HR Certification Institute (HRCI) certification Work Environment Office environment Coca-Cola Consolidated, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.