Senior Compensation Analyst

Website MyEyeDr.

About the role
The Senior Compensation Analyst acts as a project manager and provides advanced analytical expertise to the planning, design, development, and administration of compensation and total rewards programs across the organization. Principal outcomes of this position include executing, modeling, and recommending strategies and programs that maximize competitive offerings, drive business results and support MyEyeDr.’s strategic goals in a cost-effective manner.

The Senior Compensation Analyst provides key insights to internal stakeholders and business partners to develop, evaluate and support base pay and variable pay programs. This position will interface regularly with HR Business Partners and multiple levels of leadership to ensure compensation components are competitively positioned and effectively attract, retain, recognize, and reward top talent while ensuring MyEyeDr. remains an employer of choice.

The Senior Compensation Analyst will report to the Director, Compensation and is a hybrid role based out of MyEyeDr.’s Home Office in Vienna, VA.

You Will

  • Represent the Compensation team as an influential collaborator on projects with cross-functional business partners including but not limited to Accounting, Finance, Legal, Operations, Communications, and IT to achieve desired business outcomes.
  • Deliver effective, accurate and competitive pay programs to our Associates and Optometrists in support of their work with our patients.
  • Design, implement, and maintain MyEyeDr.’s job architecture, career levels, and pay bands in conjunction with management and HRBPs.
  • Audit jobs for content and prepare job descriptions reflecting job responsibilities, activities, duties and requirements.
  • Own survey management and market analysis of MyEyeDr’s jobs to determine competitive positioning and recommend base pay changes. Responsible for data implementation, auditing and data validation, and system analytics.
  • Guide leaders through the job evaluation process, to include quality controls the job classification process for both exiting and newly created positions as well as auditing existing classifications.
  • Provide guidance to management regarding salary changes associated with promotions, demotions, transfers, and relocations as well as market and equity adjustments. Recommend corrective or alternative actions to resolve compensation-related concerns.
  • Monitor regulatory legislation and audit to identify potential compensatory, operational, and financial impacts. Ensure compliance with existing federal, state, and local compensation related regulations (Minimum Wage, FLSA, EEO-1, Wage & Hour). Monitor cost of wage geographic differentials.
  • Own the planning and administration of annual salary review cycles, manage off cycle processes and budget preparation. Ensure compensation programs follow internal and external regulations and policies.
  • Support the design, communication, and implementation of incentive plans.
  • Create and modify compensation operation policies, guidelines, procedures, and compliance documentation.
  • Lead projects that support compensation design, including data collection, data analysis, presentation development, communication, and program implementation.
  • Provide recurring and ad-hoc HR reports and statistics as needed.
  • Develop variable pay plans, various incentive metrics, analyses, and account reconciliations. May audit and maintain quota tracking reports, quota changes, and pay plan changes.
  • Calculate monthly and quarterly commission payments for participants on a variable compensation plan.
  • May assist with compilation of monthly financial reporting, forecasts and assist with budget preparation.
  • Work collaboratively and influentially on projects with cross-functional business partners including but not limited to Accounting, Finance, Legal, Operations, Communications, and IT to achieve desired business outcomes.

About You

  • 7+ years of experience in the analysis, design, and administration of compensation programs; including experience working with job architecture and multiple surveys.
  • Bachelor’s Degree in Human Resources, Business Administration, Mathematics, Finance, or related field. Advanced degree preferred.
  • Strong business acumen, analytical, quantitative, and problem-solving skills, including keen judgment and decision-making, with an eye towards process efficiency and simplification.
  • Excellent written and verbal communication skills. Ability to be influential with impactful presentation skills.
  • Advanced Microsoft Office experience: in particular, Word, PowerPoint, and Excel experience that includes VLOOKUP, pivot tables, charts, regression analysis, and nested function statements.
  • Detail-oriented strategic thinker and strong with data and analytics. Ability to capture and analyze large compensation data files and create Excel-based models, proficient with complex formulas.
  • Exhibit proactive drive and intellectual curiosity to conduct research, streamline processes, assess opportunities, model improvements, and make proposals to ensure that MyEyeDr.’s compensation practices are aligned with business strategies.
  • Ability to work cooperatively and collaboratively with others; builds and maintains strong working relationships with both internal and external business partners.
  • Able to maintain confidentiality of information and privacy of associate information.

Grow with Us

  • Career Development and Training Opportunities
  • Participate in a comprehensive benefits package including medical and dental coverage, tax-free savings plans, life insurance and more
  • Participate in our Vision coverage and associate discounts on our products
  • Participate in our 401(k) with competitive company match
  • Accrue PTO and paid holidays from day one

Introduction | MyEyeDr.

How do you see yourself today? Are you looking for that unique opportunity where you can make a difference in the lives of the patients we serve? MyEyeDr. is a high-growth, premier healthcare company: a total vision care concept with a unique retail experience. Our trusted community doctors and knowledgeable teams are all focused on helping our patients live their best lives by delivering an exceptional, personalized experience to each of our patients in every interaction. Our business model is unlike others in the industry: we make healthcare accessible by welcoming all insurance and providing a great selection of stylish eyewear that meets the diverse needs of our patients.

This role provides a chance for you to build your professional career with an organization that is purposeful and whose values drive actions. You would have the opportunity to prioritize the care of our associates and our patients, to connect the knowledge of our talented teams to our patients’ needs, and to work in a fun, inclusive environment as part of a collaborative team. We are in search of that unique individual who is inspired by a career focused on helping others and providing quality care while continuously growing professionally and improving MyEyeDr. in meaningful ways. If this is you, we encourage you to apply so you can get your journey started with MyEyeDr. where you can help people see, look, and be their very best.

MyEyeDr. is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, religion, sex/gender (including pregnancy), sexual orientation, gender identity or gender expression, age, physical or mental disability, military or protected veteran status, citizenship, familial or marital status, genetics, or any other legally protected category. MyEyeDr. will not tolerate discrimination or harassment based on any of these characteristics.

To apply for this job please visit careers.myeyedr.com.