Advance Auto Parts
Compensation Analyst
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Job Description
- Req#: R-0522317
Understand Field, Professional and Corporate bonus plan elements and guiding principles driving bonus exceptions
Investigate and address bonus disputes raised by Team Members in a timely manner with clear and concise communication
Collaborate with Human Resources Business Partners (HRBPs), Finance, and Legal partners to investigate complex compensation inquiries
Collaborate with Payroll on off-cycle bonus payments
Oversee the accurate maintenance of Team Member data related to compensation
Ensure consistency between bonus plans and job profiles. Partner with HR Reporting & Analytics to make necessary adjustments in Workday
Create documentation that clearly outlines the Company’s bonus plans and collaborate with Communications team to publish documentation
Maintain thorough and accurate documentation of off-cycle bonus payments, bonus exception requests, and Act of God bonus payments
Ability to handle confidential Team Member data with sensitivity and discretion
Support Field, DC, and Corporate Consultants with job benchmarking exercises to ensure market competitiveness
Learn guiding principles for employee retention
Track and maintain Team Member retention metrics including base salary, bonus, and LTI
Run ad hoc reporting requests to support data analysis needs from Consultancy
Bachelor’s degree in Human Resources, Finance or related field
Proficiency in data interpretation, reporting and advanced knowledge of Excel
Workday experience preferred
Basic knowledge of Compensation principles and bonus structures
Effective communication skills to collaborate effectively with Consultants and HRBPs
Detail-oriented with ability to maintain accuracy in data management
Job Description
OVERVIEW
As a Compensation Analyst, you will play a crucial role in managing various programs related to Incentive Management and Consulting. Core responsibilities include bonus dispute resolution, data maintenance, and market surveys.
KEY RESPONSIBILITIES
Incentive Management
Consulting
QUALIFICATIONS
LOCATION & WORK AVAILABLITY
This position is Hybrid (4 days in office, 1 day remote) based at our corporate headquarters in Raleigh, NC.
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About the company
Founded in Roanoke, VA in 1932, Advance Auto Parts is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. Our family of companies operate more than 5,100 stores across the United States, Canada, Puerto Rico and the Virgin Islands under four brands, Advance Auto Parts, Carquest Auto Parts, WORLDPAC and Autopart International.