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Compensation & Total Rewards Analyst

Date: Jun 11, 2021

Location: Columbus, OH, US, 43085

Company: Worthington Industries, Inc

Summary

The Compensation / Total Rewards Analyst will be part of the Human Resource Compensation Team. This role will focus on compensation related projects and analysis that supports the Worthington Industries compensation strategy with an emphasis on evaluating pay and the connection to financial and business impact.  This role requires strong analysis skills with all levels and responsibility around the development, analysis and implementation of various incentive-based compensation programs. The Compensation / Total Rewards Analyst will also be responsible for ensuring market-competitive compensation structures for hourly and salaried positions which may include: annual market reviews and overseeing merit processes; ad hoc market reviews related to new or changing roles; development and evaluation of internal position descriptions; providing annual employee communications, etc.  Conducts and participates in compensation surveys facilitated by third party vendors.  May assist with preparation of data for Compensation Committee of the Board of Directors.

Responsibilities

  • Responsible for annual market reviews and merit processes for the hourly and salary groups. Recommends structural changes and merit budgets to senior management to account for shifts in external market compensation.
  • Provides guidance to managers and HR consistent with the Company’s compensation philosophy regarding compensation issues. Provides compensation analysis and offer letters, as needed, for salaried new hires, promotions, position changes, etc.
  • Participates in special projects related to various incentive compensation programs and may provide support for administering programs.
  • Maintains external market survey database matches and market pricing system.  Participates in external market survey questionnaires to reduce data costs. Evaluates and recommends surveys to be included in market comparisons.
  • Evaluates roles and responsibilities and recommends placement of new and modified positions in the compensation structure based on market value, internal equity and proper FLSA classification. Audits process to ensure consistent application of roles and responsibilities.
  • Participates in the development and maintenance of WI’s compensation policies, procedures, practices and compensation structures.  Analyzes pay practices and recommends changes when needed (i.e., FLSA, overtime guidelines, etc.)
  • Analyzes executive compensation and may assist with preparation of executive compensation materials for the Compensation Committee of the Board of Directors and Annual Proxy Statement.
  • Participates in the development and implementation of various strategic projects/initiatives and process improvements

Desired Experience

  • 3+ years of human resources, financial or business analysis or compensation related experience
  • Advanced skill in Excel required as well as other MS Office applications 
  • Advanced math and statistics skills
  • Strong communication skills
  • Strong project and time management skills 

Education

Bachelors in Business

 

Company Information

We are dedicated to the belief that people are our most important asset. In filling job openings every effort is expended to find candidates within Worthington, its divisions or subsidiaries. Employee development, opportunity to grow and continuing to evolve both as an employee and as a company are instrumental to our success. We encourage employees to inquire about open positions and apply to those that help further their career goals.  

Worthington Industries Inc., and its subsidiaries, is an equal employment opportunity employer. Qualified applicants are considered regardless of race, color, religion, age, national origin, sex, disability or veteran’s status.

 


Nearest Major Market: Columbus
Nearest Secondary Market: Dublin

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