TrueCar is currently seeking a Compensation Analyst? in our Total Rewards function. This individual will report directly to the VP, Total Rewards and will support the development, implementation and administration of TrueCar’s compensation policies and programs, designing and managing our merit, annual and long term incentive plans, and building our compensation procedures and infrastructure.
Reviews proposed salary adjustments for conformance to established guidelines, policies and practices. ? Reviews requests for new or revised classifications to determine appropriate salary grade assignment.
Reviews new hire offers and assists in negotiating compensation packages.
Prepares job descriptions, creates job profiles and partners with the HR Operations team in creating a job classification system.
Maintains salary structure.
Provides project management for the company’s broad based compensation programs including merit, annual incentive, long term incentive, and sales incentive programs.
Supports the VP, Total Rewards and the EVP, Chief Human Resource Officer in managing the company’s executive compensation programs and preparing materials for the Compensation Committee of the Board of Directors. May prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation or stock options.
Support the design and administration of Dealer Sales Incentive plan
Develop and maintain job leveling/job architecture to deliver role-specific salary, bonus and equity ranges and more insight into career path/advancement.
Evaluate jobs and the application of existing job classifications, assignment of job levels, salary ranges and FLSA status to positions. Make recommendations for revisions and/or changes
Complete annual compensation surveys and audit survey output, market trends and competitive pay positions to ensure TrueCar’s compensation plans meet overall company goals and objectives
Provide subject matter expertise, consultation to HR Business Partners, senior leaders and Talent Acquisition regarding compensation issues, evaluation of new positions, job bands, grade levels, job descriptions, promotions and transfers
Develop compensation communication and training materials for both managers and employees
Build compensation processes and work flows for both ongoing and annual compensation events
Ensure that TrueCar’s compensation and benefit plans comply with all laws and regulations (e.g. ERISA, Affordable Care Act), and that SOX processes and controls are in place to ensure ongoing compliance
May perform other duties as required.
Minimum of 5 years' relevant total rewards experience
High-level market benchmarking expertise, with a deep understanding of Radford compensation practices and surveys.
Expert level Excel skills.
Demonstrate understanding of current regulatory and statutory requirements governing compensation administration.
Familiarity with Workday
Strong analytical skills and business acumen
Experience implementing and supporting merit and bonus programs
High level of professional integrity.
Creative problem solving skills and ability to think strategically and objectively
Strong communication skills (verbal, written and presentation) skills including the ability to communicate complex ideas in a simple way and to tailor key messages and presentation style to multiple audiences
NICE TO HAVE:
High-tech industry preferred
Knowledge of equity compensation programs; experience in a publicly held company