Sign In
 [New User? Sign Up]
Mobile Version

Compensation Analyst

Henry Schein Inc.


Location:
Melville, New York 11747
Date:
05/12/2017
Job Code:
R103403
Job Type:
Employee
Job Status:
Full Time
Categories:
  • Compensation
Henry Schein Inc.
  •  
  • Save Ad
  • Email Friend
  • Print
  • Research Salary

Job Details

This position is responsible for the implementation and administration of Compensation processes including salary administration, bonus plan administration or Long-Term Incentive Plan administration.

 

KEY RESPONSIBILITIES:  

  • Salary Administration
  • Evaluate salaried, hourly and professional positions and make compensation recommendations to the business
  • Prepare and review job descriptions based on analysis of position responsibilities
  • Evaluate jobs using established evaluation systems, determine grades and prepare records of the validity of the evaluation
  • Review changes in wages and salaries for conformance to Company policy
  • Audit evaluation of positions and application of existing classifications to individuals
  • Participate in compensation surveys
  • Assist in updating the salary structure
  • Audit data in Workday, iSchein and MarketPay as needed
  • Approve some compensation recommendations and changes in Workday
  • Bonus Plan Administration
  • Own and drive the International Executive Performance Incentive Plan process including data collection, populating award templates and ensuring awards are correct and accurate
  • Work with business and finance teams to assign correct budgets to PIP participants
  • Audit data in Workday, iSchein and MarketPay as needed
  • Assist in administering the U.S. annual bonus programs to collect and update data and to calculate awards
  • Assist in reviewing bonus plans for conformance to policy
  • Long-Term Incentive Plan (LTIP) Administration
  • Assist in the preparation of exhibits for the Compensation Committee of the Board of Directors
  • Assist with annual and off-cycle restricted stock and restricted stock unit vesting’s
  • Assist with processing bank wires to transfer tax proceeds to local entities
  • Conduct LTIP audits and prepare grant loads for review
  • Conduct SOX testing
  • Assist with reporting and ad-hoc LTIP requests

 

TRAVEL/ PHYSICAL DEMANDS:

 

Travel no more than 10% of the time. 

Office environment. No special physical demands required. 

Requirements

Typically 5 or more years of increasing responsibility in terms of any applicable professional experience.

 PREFERRED EDUCATION:  

Bachelor's Degree or global equivalent in related discipline. Participate in local HR organizations.  Proactively keep up with regulatory changes.

 

GENERAL SKILLS & COMPETENCIES: 

  • Professional skills with an understanding of industry practices and company policies and procedures
  • General proficiency with tools, systems, and procedures
  • Good planning/ organizational skills and techniques
  • Good analysis and problem solving skills
  • Good writing and communication skills
  • Excellent conflict resolution skills. Self -starter in creating issue resolution
  • Excellent decision making skills
  • Excellent Interpersonal skills
  • Exercise judgment within defined procedures and practices to determine appropriate action.
  • Direction from manager/director is needed on some complex issues
  • Professional maturity in delivering difficult messages in a professional and empathetic manner
  • Proficient in employment law / compensation regulatory requirements
  • Developing professional credibility

SPECIFIC KNOWLEDGE & SKILLS:

  • Proficient Microsoft Excel skills
  • Proficient in Workday and associated processes
  • Proficient in iSchein and associated processes
  • Proficient in internal audit BWise system and associated processes
  • Proficient in stock plan administration system and associated processes
  • Intermediate knowledge of  MarketPay and associated processes

 

 

Henry Schein, Inc.  is an Equal Employment Opportunity Employer and does not discriminate against applicants or employees on the basis of race, color, religion, creed, national origin, ancestry, disability that can be reasonably accommodated without undue hardship, sex, sexual orientation, gender identity, age, citizenship, marital or veteran status, or any other legally protected status.

SHRM provides content as a service to its readers and members. It does not offer legal advice, and cannot guarantee the accuracy and stability of its content for a particular purpose. Disclaimer