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Analyst, Incentive Compensation
•30 days ago
| Hours | Full-time, Part-time |
|---|---|
| Location | 175 Progress Place Cincinnati, Ohio |
About this job
Job Overview:
The Analyst, Incentive Compensation will provide analytic support to the Compensation team and business groups to align compensation programs with business group objectives. Analyst will work with the Compensation teams and their respective business partners and will support one or more of the following compensation programs: salary structures, incentive compensation, and merit pay.
Perform other duties as assigned. This position is based out of Springdale, Ohio.
Essential Functions:
• Calculate & execute incentive bonus programs with accuracy according to policy and procedures including incentives for ongoing vendor and Macy’s internal strategic programs.
• Assess, recap, and audit current incentive & commission payouts through standard and ad hoc reporting to ensure accuracy and effectiveness.
• Support & audit configuration of commission pay plan tables.
• Resolve incentive & commission payout questions through interactions with Human Resources or vendors.
• Ensure payments submitted to Payroll for processing are timely and accurate.
• Support union incentive pay programs and ad-hoc reporting.
• Perform other duties as assigned.
• Regular, dependable attendance & punctuality.
Qualifications:
Education/Experience:
• Bachelor’s degree required.
• Emphasis in Human Resources, Business, Finance or related field required.
• 1-3 year(s) previous human resources, financial, compensation or related experience preferred.
Communication Skills:
• Ability to read, write and interpret instructional documents such as reports and procedure manuals.
• Excellent written and verbal communication skills with the ability to tailor communications to suit various audiences.
Mathematical Skills:
• Must have above average mathematical skills, including the ability to compute rates, ratios, and percentages, and the ability to work with mathematical concepts such as probability and statistical inference.
Reasoning Ability:
• Must be able to work independently with minimal supervision.
• Strong analytic and problem solving capabilities.
• Ability to work with confidential data and manage multiple projects.
Physical Demands:
• This position involves extended periods of sitting and the extensive use of computer and the office equipment.
• May involve stooping, kneeling, or crouching.
• Involves close vision, color vision, depth perception, and focus adjustment.
Other Skills:
• Advanced Microsoft Excel skills required.
• Proficient in Microsoft Word. Knowledge of Oracle HCM, MarketPay, Microsoft Access and VBA preferred.
• Must be able to work in a fast-paced, collaborative team environment.
Work Hours:
• Ability to work a flexible schedule based on department and store/company needs.
This job description is not all inclusive. Macy’s Inc. reserves the right to amend this job description at any time. Macy's Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.
The Analyst, Incentive Compensation will provide analytic support to the Compensation team and business groups to align compensation programs with business group objectives. Analyst will work with the Compensation teams and their respective business partners and will support one or more of the following compensation programs: salary structures, incentive compensation, and merit pay.
Perform other duties as assigned. This position is based out of Springdale, Ohio.
Essential Functions:
• Calculate & execute incentive bonus programs with accuracy according to policy and procedures including incentives for ongoing vendor and Macy’s internal strategic programs.
• Assess, recap, and audit current incentive & commission payouts through standard and ad hoc reporting to ensure accuracy and effectiveness.
• Support & audit configuration of commission pay plan tables.
• Resolve incentive & commission payout questions through interactions with Human Resources or vendors.
• Ensure payments submitted to Payroll for processing are timely and accurate.
• Support union incentive pay programs and ad-hoc reporting.
• Perform other duties as assigned.
• Regular, dependable attendance & punctuality.
Qualifications:
Education/Experience:
• Bachelor’s degree required.
• Emphasis in Human Resources, Business, Finance or related field required.
• 1-3 year(s) previous human resources, financial, compensation or related experience preferred.
Communication Skills:
• Ability to read, write and interpret instructional documents such as reports and procedure manuals.
• Excellent written and verbal communication skills with the ability to tailor communications to suit various audiences.
Mathematical Skills:
• Must have above average mathematical skills, including the ability to compute rates, ratios, and percentages, and the ability to work with mathematical concepts such as probability and statistical inference.
Reasoning Ability:
• Must be able to work independently with minimal supervision.
• Strong analytic and problem solving capabilities.
• Ability to work with confidential data and manage multiple projects.
Physical Demands:
• This position involves extended periods of sitting and the extensive use of computer and the office equipment.
• May involve stooping, kneeling, or crouching.
• Involves close vision, color vision, depth perception, and focus adjustment.
Other Skills:
• Advanced Microsoft Excel skills required.
• Proficient in Microsoft Word. Knowledge of Oracle HCM, MarketPay, Microsoft Access and VBA preferred.
• Must be able to work in a fast-paced, collaborative team environment.
Work Hours:
• Ability to work a flexible schedule based on department and store/company needs.
This job description is not all inclusive. Macy’s Inc. reserves the right to amend this job description at any time. Macy's Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.