Compensation Analyst

Website Graco

Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.

Job Purpose:

The Compensation Analyst is responsible for executing upon compelling and performance driven compensation programs aimed at attracting and retaining world-class multi-disciplined talent in a competitive environment. Reporting to the Enterprise Total Rewards Leader, this individual will partner with Graco’s HR Managers and leadership team to provide consultative services on all compensation topics, and ensuring programs are aligned with the business and talent strategies.

Essential Duties:

  • Execute global merit and annual factory wage review processes, including budget analysis, recommendation and implementation within Workday.
  • Oversee global grade pay structures, including development of annual market movement recommendations and periodic country or region reviews.
  • Collaborate with divisional and regional management to design, calculate and communicate variable bonus and incentive plans.
  • Support the calculation and review of executive and board of director compensation including auditing calculations and preparing presentations.
  • Conduct job evaluations and compliance reviews including pay equity and FLSA exemption and provide recommendations on appropriate pay range.
  • Complete regular reporting and analysis of compensation and human capital metrics.
  • Research and develop recommendations for new compensation programs and assigned special projects as needed.
  • Participate in compensation activities involved with the integration of acquisitions.

Skills/Abilities/Competencies:

  • Strong analytical capability to collect, analyze, interpret, and model compensation data to support decision-making.
  • Communication and collaboration proficiency to ensure seamless compensation processes and employee experience.
  • Ability to influence decision making through explanation of facts, policies and practices.
  • Project management competency with a commitment to timelines, accuracy and detail.

Position Requirements:

  • Broad working knowledge of compensation theories, techniques and practices.
  • Bachelor’s degree or equivalent in business, finance, human resources or related field.
  • 2+ years’ experience supporting compensation function.
  • CCP, PHR, or SHRM-CP credentials (or is on track to earn credentials).
  • HRIS (Workday) and compensation administration tool (MarketPay), and Advanced MS Office knowledge is preferred.

Power to Be
At Graco, the Power to Be means providing the support, resources and freedom to pave your own way. Bring your unique attributes to the table, along with a commitment to being your best self, and you can be a part of a culture that rewards effort, celebrates uniqueness, and gives you the tools you need to succeed and become your best, fullest self along the way. Our culture empowers employees to chart their own career path. Our managers provide support and opportunities while offering freedom for employees to find their own Power to Be. Whether you decide to move up within the same department or expand to another cross-functional group, you will gain the well-rounded experience to succeed on your own terms.

Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.

Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.

Proven Quality. Leading Technology. Launch your career with Graco!

To apply for this job please visit graco.wd5.myworkdayjobs.com.