• Compensation Analyst

    Job Locations US-NY-New Hyde Park
    Requisition ID
    2018-1187
    Category
    Human Resources
    Position Type
    Regular Full-Time
  • Overview

    Company Overview

     

    Parts Authority was formed in 1997 by the merger of four companies, that date back to 1973, that had common ownership and had the vision of creating a better vehicle for the wholesale distribution of automotive and truck parts. Parts Authority has become one of the country’s largest distributors of automotive and truck parts.

     

    The company is headquartered in Long Island, New York and operates distribution centers in New York, New Jersey, Washington D.C., Maryland, Georgia, Arizona, California and Ohio. Parts Authority has been expanding rapidly and now has over 200 locations in 12 states with future expansions on the horizon. As a privately owned company Parts Authority does not answer to Wall Street, Parts Authority answers only to customers.

     

    Each and every team member plays a vital role in our success. We are rapidly expanding and looking for a professional, self-motivated individual to fill the role of Compensation Analyst 

    Responsibilities

    Position Summary

     

    Reporting directly to the EVP of HR, the Compensation Analyst will analyze our current nationwide program and then design, propose, implement and maintain a new competitive and cost effective, legally-compliant compensation program. Additionally, the incumbent will act as a subject matter expert and adviser to strategic partners and department heads with regard to compensation for all base pay, regional COLA, incentive pay, annual bonuses and performance management programs.

    Responsibilities

    • Analyze market data and make recommendations on pay strategy with business leaders for all positions nationwide
    • Review local, regional, national data and practices to ensure Parts Authority’s policies and programs are consistent with its compensation philosophy and are competitive with the market
    • Develop, implement and administer compensation policies and programs.
    • Develop and maintain a salary matrix and compensation ratios for all Part Authority team members
    • Partner with business leaders to solve pay related issues including internal equity, incentive design and movement
    • Perform analysis, forecasts and modeling for bonus plans and other incentive plans
    • Create reports and consult with Parts Authority’s business leaders on how pay works and how to maximize its effectiveness on their respective teams
    • Use data and metrics to determine program success and to drive improvements in all elements of compensation
    • Conduct special compensation projects as requested by management

    Qualifications

    Qualifications

    • Five (5) to seven (7) years of hands on experience in analyzing, designing, proposing, implementing and maintaining compensation programs
    • Bachelor’s degree in Business Administration, Human Resources, or related field required
    • Must have experience with compensation research and data analysis as they relate to compliance requirements in private sector
    • High-level proficiency with HRIS Systems, Microsoft Office and Google Suite... Expert in Excel highly desired!
    • Excellent interpersonal and problem-solving skills
    • Strong attention to detail with excellent organizational skills
    • Must be a self starter and able to work independently with minimal guidance and supervision
    • Professional Certifications or Credentials a plus! – (SHRM-CP, SHRM-SCP, PHR, SPHR, or CCP preferred)

    Some of the benefits of being a part of our growing Parts Authority family:

    • Medical Insurance, Dental Insurance, Vision Insurance
    • Flexible Spending Accounts- Healthcare and Dependent Care
    • Company Paid Life Insurance
    • 401K
    • Paid Time Off- including vacation and sick time
    • Excellent Advancement Opportunities

     

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