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Open nowPosted 4 days ago

Compensation Analyst

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Manhattan, NY, United States
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Your applicationOpen nowCompensation AnalystJoin · Manhattan, NY, United States
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  4. 19.7%14 days
  5. 35.6%30 days
  6. 58.0%60 days
This job: posted 4 days ago

The posting

Job Description

The Team:

The Human Resources team supports our employee population by providing the structure, care, and development needed for individual employees to be successful in their own careers, which in turn contributes to the overall growth and success of the Company. The Human Resources department is organized in three strategic pillars:

  • Compensation and Benefits: payroll, health and welfare benefits, retirement plan services, and immigration.
  • Human Resources Business Partners: performance management, employee relations, recruiting and retaining talent, coaching and counseling.
  • Talent Development: corporate social responsibility, Diversity, Inclusion & Family, learning and leadership development, internal communications, and employee engagement.

The Opportunity:

The Compensation Analyst is a key member of the Compensation and Benefits team, responsible for supporting the administration, analysis, and maintenance of company’s compensation programs. This position will report to the Director of Compensation. This role ensures the accurate application of commission, incentive, and bonus plans eligibility, maintains compensation-related systems and data, and provides analytic support for compensation planning and market benchmarking activities. The Compensation Analyst collaborates closely with the Human Resource, Payroll, and Finance teams to ensure the programs are administered consistently, accurately, and in alignment with the organization’s objectives. This position plays an important role in supporting compensation process, reporting, data integrity, and employee reward programs.

About the Role:

Compensation Data Management

  • Maintain accurate compensation, job, and employee data within compensation systems and HR platforms (Oracle (“MyClickH”), PayScale, Varicent, & ADP Workforce Now).
  • Monitor and update employee headcount changes, organizational updates, and compensation records.
  • Perform regular audits and validations to ensure data integrity and compliance with compensation program requirements.
  • Assist with the annual compensation planning cycle, including merit increases, promotional increases, and bonus planning activities.
  • Generate recurring and ad hoc compensation reports, analyses, and dashboards for leadership and business stakeholders.

Compensation Analysis

  • Analyze compensation trends, salary structures, pay equity considerations, and market competitiveness.
  • Support modeling activities related to compensation programs and prepared recommendations with supportive analysis for compensation related decisions.

Market Benchmarking & Surveys

  • Participate in compensation survey submissions and data collection activities.
  • Maintain pay range data for positions against market sources.
  • Assist in evaluating compensation competitiveness and identifying market trends.

Compliance & Process Improvement

  • Ensure compensation practices comply with applicable laws, regulations, and company policies.
  • Document compensation processes and maintain procedural guidelines.
  • Identify opportunities to improve compensation administration, reporting and system efficiency.
  • Support special compensation projects and initiatives as assigned.

Compensation Program Administration

  • Administer and maintain compensation programs, including commission, incentive and bonus plans.
  • Ensure compensation programs are applied accurately and consistently according to the established plan rules and company policies.
  • Review and validate compensation calculations, earnings, and participant eligibility.
  • Support resolution of compensation-related inquiries from managers, employees, Payroll and HR partners.

Supervisory Responsibility:

  • No

Budget Responsibility:

  • No

Decision Making Responsibility:

  • No

About You:

  • 2-3 years of experience in compensation, human resources, payroll, or data analytics.
  • Experience in supporting incentives, commissions, bonus, or compensation administration programs, preferred.
  • Experience working with HRIS and compensation managements systems.
  • Proficient in Microsoft Excel, including formulas, pivot tables, data analysis, and reporting.
  • Exceptional attention to detail and commitment to data accuracy.
  • Strong analytical and problem-solving abilities.
  • High level of integrity and discretion when handling confidential employee information.
  • Ability to work independently while also collaborating effectively across teams.
  • Strong sense of accountability and ownership for responsibilities.
  • Ability to prioritize multiple projects and meet deadlines in a fast-paced environment.
  • Excellent time management and organizational skills.
  • Regular in-person work at a Company-designated work location is an essential function of this position.

The salary range for this position is $75,000- $88,000. Actual rates are determined based on the job, location, and individual experience.

We are looking for a candidate that has a combination of the above attributes and can perform the key functions of the role with or without reasonable accommodations.

Hermès is proud to offer a variety of benefits to support the needs of our employees and their families, including:

  • Commission and bonus incentives based on sales performance
  • Medical, Dental, Vision
  • Life Insurance and Disability
  • Paid time off (annual vacation of 15 days, 11 company holidays, 3 floating holidays, 2 wellbeing days, and sick & safe time)
  • Paid Parental leave and transition time
  • 401(k) and Roth Retirement plan with company matching and profit sharing
  • Various voluntary benefits such as flexible spending accounts, fitness reimbursement, voluntary life insurance
  • Product discount and EAP resources
  • Access to Calm App, Health Advocate, Family Building Support and more!

COMPANY OVERVIEW

Since 1837, Hermès has remained faithful to its artisan business model and humanist values. We place people at the heart of what we do and aspire to make a positive impact on the world. The freedom to create, the constant search for beautiful materials, the transmission of a savoir-faire of excellence and the aesthetic of functionality define the singularity of Hermès, a house dedicated to making highly-crafted, beautiful objects made to stand the test of time.

An independent, family-owned company, Hermès is dedicated to keeping production in France through its 42 workshops, The Hermès organization is also a truly global community with a network of 310 stores in 49 countries. Hermès employs more than 15,000 people worldwide with over 6,000 of the workforce being Hermès craftspeople engaged in making artisanal products, nurturing a 180+ year tradition of creativity and innovation.

At Hermès, our actions for sustainable development and corporate social responsibility are founded in values passed down by generations of humble artisans who have shaped the story of our house and the integrity of our objects. The roots of Hermès’ success and longevity lie in a sense of responsibility; a quest for authenticity and respect for time and preservation of natural resources. All at Hermès wish to leave a positive footprint on the world, a mission that’s at the heart of our commitment to progress. This narrative can be experienced in a series of shorts films “Footsteps Across the World” available on our website.

OUR COMMITMENT

Family is at the heart of Hermès. At Hermès of Paris, we are committed to being a Maison for All, a home where we make efforts to generate, support and advance the values of diversity, inclusion and family both within our own walls and in the wider world. At Hermès of Paris we look to create a diverse workforce of talented and unique individuals with different backgrounds, skillsets and worldviews that will enrich our Hermès of Paris family. We support our individual team members personal and professional success through a culture that values equality, individuality and fairness and through an environment where individuals can thrive and feel comfortable being their authentic selves. Beyond the walls of our Maison, we advance our DIF values through the work that we do in partnership with our community and non-profit partners.

At Hermès of Paris, we are proud to be an equal opportunity workplace. It is the policy of Hermès of Paris, Inc. that applicants for employment are recruited, selected and hired on the basis of individual merit and ability with respect to positions being filled and potential for promotion or transfer which may be expected to develop. Applicants are recruited, selected and hired without discrimination because of race, color, religion, sex, age, national origin, disability, genetic information, sexual orientation, citizenship, military or veteran status or any other basis prohibited by applicable law. In addition, personnel procedures and practices with regard to training, promotion, transfer, compensation, demotion, lay off or termination are to be administered with due regard to job performance, experience and qualifications, but without discrimination because of race, color, religion, sex, age, national origin, disability, genetic information, sexual orientation, citizenship, military or veteran status or any other basis prohibited by applicable law. Hermès of Paris, Inc. also provides reasonable accommodations to qualified individuals with disabilities, in accordance with applicable laws.

We collect personal information (PI) from you in connection with your application for employment with Hermes, including the following categories of PI: identifiers, personal records, commercial information, professional or employment information, non-public education records, and inferences drawn from your PI. We collect your PI for our purposes, including performing services and operations related to your potential employment. For additional details or if you have questions, contact us at [email protected]. Please do not submit resumes or applications to this email address.

About Us

A creator, artisan and seller of high-quality objects since 1837, Hermès is an independent, family-owned French house that employs nearly 25,185 people worldwide. Driven by its permanent entrepreneurial spirit and consistently high standards, Hermès cultivates the freedom and autonomy of each individual through responsible management. The company perpetuates the transmission of exceptional know-how through strong territorial anchoring that respects people and resources. Sixteen artisanal métiers feed the creativity of the house, whose collections are presented in over 300 stores around the world.

Hermès of Paris (HOP), the United States subsidiary, opened its first boutique in Beverly Hills in 1972. Today, the company operates 39 boutiques and an accessories pop-up shop, in addition to a Distribution & Service Center located in New Jersey. The Corporate Headquarters is situated in the heart of New York City, in close proximity to the Client Relations Center and Campus Hermès, the company’s training center. Hermès of Paris also maintains a regional Corporate Office in Beverly Hills. The organization employs more than 1,500 associates, and this number continues to grow. The subsidiary’s expansion is supported and guided by President & Chief Executive Officer Diane Mahady and the Senior Leadership Team.

We are proud to be an equal opportunity workplace. It is the policy of HOP, that applicants for employment are recruited, selected and hired on the basis of individual merit and ability with respect to positions being filled and potential for promotion or transfer which may be expected to develop. Applicants are recruited, selected and hired without discrimination because of race, color, religion, sex, age, national origin, disability, genetic information, sexual orientation, citizenship, military or veteran status or any other basis prohibited by applicable law. In addition, personnel procedures and practices with regard to training, promotion, transfer, compensation, demotion, lay off or termination are to be administered with due regard to job performance, experience and qualifications, but without discrimination because of race, color, religion, sex, age, national origin, disability, genetic information, sexual orientation, citizenship, military or veteran status or any other basis prohibited by applicable law. HOP also provides reasonable accommodations to qualified individuals with disabilities, in accordance with applicable laws.

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