Compensation Analyst
Hermès
- Pay
- $75K to $88K
- a year
- Location
- Manhattan, NY
- Work style
- On-site
- Job type
- Full time
- Posted
- Oct 23
- 1 day ago
Career path
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About the company
Hermès
Luxury goods & jewelry · 10,001+ employees
Since 1837, Hermès has remained faithful to its artisan business model and humanist values. We place people at the heart of what we do and aspire to make a positive impact on the world. The freedom to create, the constant search for beautiful materials, the transmission of a savoir-faire of excellence and the aesthetic of functionality define the singularity of Hermès, a house dedicated to making highly-crafted, beautiful objects made to stand the test of time. An independent, family-owned company, Hermès is dedicated to keeping production in France through its 42 workshops, The Hermès organization is also a truly global community with a network of 310 stores in 49 countries. Hermès employs more than 15,000 people worldwide with over 6,000 of the workforce being Hermès craftspeople engaged in making artisanal products, nurturing a 180+ year tradition of creativity and innovation. At Hermès, our actions for sustainable development and corporate social responsibility are founded in values passed down by generations of humble artisans who have shaped the story of our house and the integrity of our objects. The roots of Hermès’ success and longevity lie in a sense of responsibility; a quest for authenticity and respect for time and preservation of natural resources. All at Hermès wish to leave a positive footprint on the world, a mission that’s at the heart of our commitment to progress. This narrative can be experienced in a series of shorts films “Footsteps Across the World” available on our website.
What you'll do
- Compensation and Benefits: payroll, health and welfare benefits, retirement plan services, and immigration.
- Human Resources Business Partners: performance management, employee relations, recruiting and retaining talent, coaching and counseling.
- Talent Development: corporate social responsibility, Diversity, Inclusion & Family, learning and leadership development, internal communications, and employee engagement.
- Maintain accurate compensation, job, and employee data within compensation systems and HR platforms (Oracle (“MyClickH”), PayScale, Varicent, & ADP Workforce Now).
- Monitor and update employee headcount changes, organizational updates, and compensation records.
- Perform regular audits and validations to ensure data integrity and compliance with compensation program requirements.
- Assist with the annual compensation planning cycle, including merit increases, promotional increases, and bonus planning activities.
- Generate recurring and ad hoc compensation reports, analyses, and dashboards for leadership and business stakeholders.
- Analyze compensation trends, salary structures, pay equity considerations, and market competitiveness.
- Support modeling activities related to compensation programs and prepared recommendations with supportive analysis for compensation related decisions.
- Participate in compensation survey submissions and data collection activities.
- Maintain pay range data for positions against market sources.
- Assist in evaluating compensation competitiveness and identifying market trends.
- Ensure compensation practices comply with applicable laws, regulations, and company policies.
- Document compensation processes and maintain procedural guidelines.
- Identify opportunities to improve compensation administration, reporting and system efficiency.
- Support special compensation projects and initiatives as assigned.
- Administer and maintain compensation programs, including commission, incentive and bonus plans.
- Ensure compensation programs are applied accurately and consistently according to the established plan rules and company policies.
- Review and validate compensation calculations, earnings, and participant eligibility.
- Support resolution of compensation-related inquiries from managers, employees, Payroll and HR partners.
- No
- 2-3 years of experience in compensation, human resources, payroll, or data analytics.
- Experience in supporting incentives, commissions, bonus, or compensation administration programs, preferred.
- Experience working with HRIS and compensation managements systems.
- Proficient in Microsoft Excel, including formulas, pivot tables, data analysis, and reporting.
- Exceptional attention to detail and commitment to data accuracy.
- Strong analytical and problem-solving abilities.
- High level of integrity and discretion when handling confidential employee information.
- Ability to work independently while also collaborating effectively across teams.
- Strong sense of accountability and ownership for responsibilities.
- Ability to prioritize multiple projects and meet deadlines in a fast-paced environment.
- Excellent time management and organizational skills.
What you need
- 2-3 years of experience in compensation, human resources, payroll, or data analytics
- Experience working with HRIS and compensation managements systems
- Proficient in Microsoft Excel, including formulas, pivot tables, data analysis, and reporting
- Regular in-person work at a Company-designated work location
- Experience in supporting incentives, commissions, bonus, or compensation administration programs (preferred)
Key skills
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Perks
- Medical, Dental, Vision
- Life Insurance and Disability
- Paid time off
- Paid Parental leave
- 401(k) and Roth Retirement plan
- company matching and profit sharing
- Product discount
- EAP resources
See full description on company page, apply now