Job Description
Reporting to the Director, Compensation, North & Central America, this position supports the development and implements new and revised compensation programs, policies, and procedures and supports the Talent & Culture team in their administration.
They will leverage data analysis skills to provide insight, prepare reports and contribute to the execution of compensation initiatives.
Summary of Responsibilities :
- Participates and coordinates participation in external compensation surveys for Hotel and Corporate based positions - compiles, analyzes and evaluates survey data, and provides results and data-driven recommendations.
- Supports and executes the Hotel Short Term Incentive Plan (STIP) annual cycle including preparation of relevant documents & worksheets plan communications and payout administration in collaboration with T&C Operations leaders.
- Prepares summaries and analysis to supports leadership and Talent & Culture partners on compensation policies and programs including job evaluation, salary recommendations, salary / wage budgeting, and policy interpretation.
- Monitors competitive trends and best practices in compensation and analyzes, recommends, and delivers improvements to programs, structure and processes.
- Support the administration of the STIP for support functions by calculating the estimated accrual for Corporate Finance and administers the final award calculation and payout process.
- Provides guidance and consultative support for the Corporate annual merit process.
- Maintains current knowledge of regulations and laws governing compensation administration in North America.
- Supports the Talent & Culture team by performing ad hoc reporting and general analytics and in developing excel-based analytical and reporting tools.
- Special projects as assigned.
Qualifications
- University / college degree or diploma in finance, accounting, management, HR or equivalent.
- 2 - 5 years experience in compensation or financial analysis in multinational environment
- Advanced proficiency in Excel is required, experience in HRMS compensation applications is desirable.
- Proven analytical and quantitative skills with demonstrated ability to provide high-level summaries for management decision-making.
- Excellent written and verbal communication skills with ability to express compensation concepts, terms and related information in a succinct, understandable and professional manner.
- Good knowledge and understanding of compensation philosophies, policies and practices.
- Proven ability to manage projects, to multitask, and to prioritize in a fast-paced environment and meet timelines.
- Excellent interpersonal and relationship-building skills
- Strongly detail-focused and able to work independently and with a high degree of accuracy.
- Highest degree of professionalism, good judgment, integrity and confidentiality
- Ability to anticipate needs and make recommendations where appropriate.
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