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Total Rewards Analyst

Location: Fort Worth, TX
Job # 11243663
Date Posted: 08-06-2018
The Total Rewards Analyst II is responsible for researching, analyzing, evaluating, and administering GM Financial's compensation programs. The position will conduct research and data analysis regarding various aspects of the plans, identify and develop process improvements, and implement programs accordingly. The Total Rewards Analyst II will monitor compensation trends in the business environment and must stay abreast of applicable legislation. This team member is responsible for providing subject matter expertise on administration, compliance, vendor management, reporting, as well as employee communication and education for compensation programs. The Total Rewards Analyst II will provide support to the Total Rewards management team and other GM Financial employees as it relates to compensation.
JOB DUTIES
  • Collaborate with Accounting
  • Provide root cause analysis on issues and processes to drive efficiency and resolve issues quickly
  • Work with IT on Oracle and other IT projects – including open enrollment configurations, patches, testing, etc
  • Maintain master list of processes and ensure processes are kept up to date
  • Work with internal audit, manage projects and process changes as a result of findings, track and report management action plans for findings
  • Keep HRBPs and other business leaders up to date on their areas of responsibility
  • Evaluate current and newly created job descriptions for components such as level cutters, an appropriate title, the GM Financial format, and descriptive knowledge, skills, and abilities
  • Review position classifications to assure compliance with Fair Labor Standards Act Stay abreast of federal, state, and local compensation laws and regulations, as well as trends in total compensation practices, in order to ensure Company compliance
  • Conduct job analysis, market pricing, and internal equity review to determine base pay and salary grade recommendations for new positions
  • Participate in published salary surveys, conduct customized salary surveys, and evaluate compensation survey data to determine company's competitive position
  • Participate and provide support in the planning and administration of the annual salary review processes for assigned business units
  • Review of proposed salary adjustments for conformance to established guidelines, policies, and practices
  • Recommend corrective or alternative actions to resolve compensation related problems
  • Conduct special total rewards audits; determine if individuals/groups need to be adjusted based on market findings
  • Calculate and evaluate monthly, quarterly, and annual bonus payments; report any variances seen, and communicate important trends and measures to management
  • Thoroughly examine calculations, ensuring that all information has been recorded and paid accurately; perform reconciliation as needed
  • Perform financial analysis and cost-benefit analysis for strategic initiatives and special projects Make recommendations regarding financial impact of initiatives and projects
  • Assist with bonus plan documentation
  • Assist in leading the design, communication, and implementation of incentive and base pay programs

Qualifications

Knowledge
  • Administrative and clerical procedures
  • Knowledge of salary surveys
  • Market pricing and analysis
  • State and Federal regulatory compliance
  • Good knowledge of Excel (eg, pivot tables, modeling, vlook-ups)
  • Good software applications (eg, Outlook, Word, Excel, Lotus, Access, Internet, Email)
  • Equal Employment Opportunity (EEO) regulations
Skills
  • Administering or coordinating compensation programs
  • Basic software applications (eg, Outlook, Word, Excel, Lotus, Access, Internet, Email) skills
  • Communicating organizational compensation programs to employees
  • Completing various administrative duties (eg, answering phones, making copies, filing)
  • Designing benefits programs (eg, medical and life coverage for employees and eligible dependents)
  • Generating HR reports
  • Integrating information from various HR database sources
  • Microsoft Outlook
  • Analyzing compensation policies to ensure compliance with legal requirements
  • Communicating pertinent information
  • Ensuring compensation programs comply with legal requirements
  • Generating reports for management personnel
  • Using HR databases and information systems (eg, HRIS)
Education
  • High School Diploma required
  • Bachelor’s Degree in Human Resources, Business Administration, or in related field or equivalent work experience preferred
Experience
  • 2-4 years experience in the Human Resources field, preferably within compensation and benefits; comparable or equivalent related experience considered; working towards CCP, CBP certification required
Work Conditions
  • Occasional overtime or split shifts may be required
  • Subject to loud noise
  • Subject to stressful situations
  • normal office environment
  • Fast-paced office environment
  • Strong focus on providing quality service to internal and external customers
  • Work a flexible schedule including extended business hours, weekends and holidays
  • Work additional hours based on production demands requiring mandatory overtime
  • Flexible schedule with possibility of working long hours
  • Limited travel may be required to support business needs
  • Must be able to deal with stressful office conditions while troubleshooting problems

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Gyna M. Bivens
President & Executive Director
North Texas LEAD

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