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Compensation Analyst II

Req ID: J2290585

  • Location
    Remote - USA, Florida, United States of America
    St. Petersburg/Tampa, Florida, United States of America
  • Category Human Resources
  • Posted Thursday, October 14, 2021
  • Time Type Full time
  • Job Type Permanent Employee

Job Description

The Compensation Analyst II, as a member of Jabil’s Global Compensation Center of Excellence (CoE) team, will assist in the design, validation, and optimization of Jabil’s broad-based compensation programs and will provide oversight and on-going process improvement efforts associated with non-executive incentive and compensation programs. Additional initial focus will include designing/automating and implementing the process to manage and administer sales and business development incentive compensation programs.

Plan Development

  • Evaluate and support the design of broad-based compensation programs

  • Review/analyze compensation structures to ensure successful outputs per line of business

  • Evaluate the effectiveness and competitiveness of Jabil’s variable pay programs including bonus and incentive programs, and provide input to design and program modifications

  • Conduct analysis of compensation data and information to ensure optimal execution and attainment of objectives

  • Collect and analyze compensation data and prepare reports and presentations

  • Create and update compensation program policies and guidelines

  • Assist in the oversight of the configuration of incentive plans in Workday

Plan Administration, Sales / Business Development

  • Perform activities related to implementation, communication, and administration of incentive programs, plans, policies, and quotas

  • Collaborate and assist with system integration and improvement projects

  • Ownership of the day to day administration and issue resolution for incentive pay processes

  • Load data into business incentive system and execute processes

  • Calculate incentive award payments based on plan provisions

  • Ensure accuracy and timeliness of incentive payments as outlined in the plan

  • Review incentive payment reports for accuracy and completeness

  • Calculate and reconcile payments of incentive compensation on a quarterly and annual basis including

  • Ensure the alignment of HRIS data between and among systems and databases

  • Maintain, review, and distribute incentive compensation plan documents on an ongoing basis, and communicate and launch plan components and documents for annual compensation plan updates

  • Manage relationships with third party survey vendors and software providers

  • Perform audits of all data sources to confirm accuracy and functionality of system/process and manage issue resolution with appropriate teams as necessary and ensure all internal audit controls are effective

System Design, Sales / Business Development

  • Improve the systems, processes and data that drive the sales incentive plans for a large, multi-role sales/business development organization

  • Research technical solution to best calculate, manage, and pay a sales/business development organization

  • Participate in plan design and drafting-model proposed plans against anticipated business conditions

  • Develop/implement solutions as appropriate

  • Communicate plans and participate in training the Sales team

May perform other duties as assigned

Qualifications, Knowledge, and Skills:

  • Bachelor’s Degree in Finance, Accounting, or Business Administration preferred

  • 3 - 5 years of work experience in compensation and/or incentive compensation or related field preferred

  • Preferred experience designing/developing and implementing an incentive compensation plans and tools

  • Strong communication skills, experience working in a cross-functional environment is required

  • Exceptional technical and analytical skills with the ability to work with large data sets and understand and interpret data

  • Advanced MS Excel skills (i.e. pivot tables, vlookups, index matching, formatting for presentation)

  • Proficiency in other Microsoft applications:  PowerPoint, Word, and Outlook

  • Xactly, Workday, and data aggregation tools experience is strongly preferred

  • Strong project management, critical thinking, detail orientation and problem-solving skills

  • Ability to effectively prioritize assigned accountabilities and be flexible to adapt to changing priorities   

This job cannot be performed remotely in the state of Colorado.

Accessibility Accommodation

If you are a qualified individual with a disability, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access https://careers.jabil.com/ site as a result of your disability. You can request a reasonable accommodation by sending an e-mail to Always_Accessible@Jabil.com or by calling 1.727.803.7515 with the nature of your request and contact information. Please do not direct any other general employment related questions to this e-mail or phone number. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address and/or phone number.

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