Compensation Analyst

Are you passionate about analyzing data and finding the perfect balance between employee compensation and company budget? If so, Kohl's is looking for a skilled Compensation Analyst to join our team! As a leading retail company, we understand the importance of fair and competitive compensation for our hard-working employees. That's where you come in - using your expertise in data analysis and knowledge of industry trends, you will play a crucial role in ensuring our employees are fairly compensated and motivated to achieve their full potential. Join us in our mission to create an exceptional work environment and drive business success. Read on for the qualifications we are seeking in our ideal candidate.

1. Conduct comprehensive analysis of employee compensation data to identify trends and patterns.
2. Collaborate with HR, Finance, and other departments to develop and implement compensation strategies.
3. Evaluate and benchmark compensation packages to ensure competitiveness within the industry.
4. Use market data and industry trends to make recommendations for salary structures and compensation plans.
5. Develop and maintain compensation guidelines and policies that align with company goals and objectives.
6. Stay up-to-date on laws and regulations related to employee compensation.
7. Provide guidance and support to HR and management on compensation-related matters.
8. Communicate and explain compensation plans and policies to employees.
9. Conduct regular audits to ensure accuracy and fairness in compensation practices.
10. Analyze and make recommendations for improvements to the company's overall compensation strategy.
11. Collaborate with the recruitment team to develop competitive job offers for new hires.
12. Assist in the development and implementation of employee incentive programs.
13. Monitor and track employee performance and provide recommendations for merit increases and bonuses.
14. Prepare reports and presentations for senior management on compensation trends and recommendations.
15. Maintain confidentiality and integrity when handling sensitive compensation data.

According to JobzMall, the average salary range for a Compensation Analyst in Menomonee Falls, WI 53051, USA is $62,000 to $76,000 per year. However, this can vary depending on factors such as the specific company, years of experience, and education level of the individual. Additionally, geographic location can also play a role in determining salary ranges for this profession.

Kohl's Corp. owns and operates family-oriented department stores. It offers exclusive brand apparel, shoes, accessories and home & beauty products through its department stores. The company's stores offer apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows and house wares targeted to middle-income customers. Its stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences.