Compensation Analyst II

Descripción del Trabajo

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.