Logo of Huzzle

Sr. Compensation Analyst

image

IKEA

Jan 16

Applications are closed

  • Job
    Full-time
    Mid & Senior Level
  • People, HR & Administration
    Business, Operations & Strategy
  • Conshohocken

Requirements

  • Bachelor’s degree in human resources, finance or business. Or an equivalent combination of education and work experience
  • Minimum of 3 years related work experience supporting the design and administration of base pay and incentive compensation programs
  • Minimum of 5 years of HR experience
  • Proven Training in HR Management, Business Administration or equivalent Skills
  • Knowledge of the Fair Labor Standards Act (FLSA)
  • Knowledge of federal, state, and local laws and ability to advise on laws and regulations affecting HR practices
  • Knowledge of salary planning tools and methods, job evaluation techniques, and market salary trends
  • Proficient in Microsoft Office Suite: Word, Excel, PowerPoint, etc.; with emphasis on Excel
  • Skill In writing and editing job descriptions
  • Strong time-management, problem-solving, and organizational skills
  • Skill in analyzing and organizing technical data
  • Skill in completing assignments accurately and with attention to detail
  • Ability to work and thrive in a fast-paced, dynamic environment with frequent interruptions, distractions, and a fluctuating workload
  • Ability to work successfully as a member of a team and independently with moderate supervision
  • Ability to process and handle confidential information

Responsibilities

  • Serves as a consultative partner to HR Business Partners and business leaders and advise on compensation matters (i.e., pay decisions, policy and guideline interpretation).
  • Participates in the design and implementation of compensation solutions to meet dynamic business needs.
  • Leads compensation related projects as assigned (i.e., location expansion, organizational changes, etc.).
  • Conducts analysis of jobs, hourly wages, salaries and incentives to ensure external market competitiveness and internal equity.
  • Ensures compliance with state and federal Wage and Hour Laws including but not limited to FLSA.

FAQs

What is the minimum educational requirement for the Sr. Compensation Analyst position?

A Bachelor's degree in human resources, finance, or business, or an equivalent combination of education and work experience is required.

How many years of related work experience are needed for this role?

A minimum of 3 years of related work experience supporting the design and administration of base pay and incentive compensation programs is required.

Is knowledge of the Fair Labor Standards Act (FLSA) important for this position?

Yes, knowledge of the Fair Labor Standards Act (FLSA) is required for this role.

What types of skills are required for the Sr. Compensation Analyst?

Skills required include proficiency in Microsoft Office Suite, particularly Excel, strong time-management, problem-solving, organizational skills, and ability to analyze technical data.

What is the salary range for the Sr. Compensation Analyst position?

The salary range for this position is $89,649 to $133,578.

Is this role a full-time position?

Yes, the Sr. Compensation Analyst position is a full-time, permanent role.

Where is the job located?

The job is located at the IKEA Service Office in Conshohocken, PA.

Will there be a background check or drug test required for this position?

Yes, successful candidates will be required to complete a background check and a drug test as a condition of employment.

Can this position be done completely remotely?

No, the position is a hybrid role, which means some in-office attendance is required.

What are the primary responsibilities of the Sr. Compensation Analyst?

The primary responsibilities include serving as a consultative partner to HR Business Partners, participating in compensation solution design, leading compensation-related projects, and conducting analyses to ensure market competitiveness and internal equity.

The IKEA vision is to create a better everyday life for the many people

Retail & Consumer Goods
Industry
10,001+
Employees
1943
Founded Year

Mission & Purpose

The IKEA vision is to create a better everyday life for the many people. Our business idea is to offer well-designed, functional and affordable, high-quality home furnishing, produced with care for people and the environment. The IKEA Brand unites more than 200.000 co-workers and hundreds of companies with different owners all over the world. It’s one brand, but it reaches millions of hearts and homes. Our value chain is unique. It includes everything from product development, design, supply, manufacture and sales – and of course it begins and ends with our customers. The IKEA retail business is operated through a franchise system. Today, 12 different groups of companies market and sell the IKEA product range under franchise agreements with Inter IKEA Systems B.V. Any jobs published on this page are offered by different companies operating under the IKEA Trademark. IKEA was founded in Sweden in 1943.

Culture & Values

  • Togetherness

    Togetherness is at the heart of the IKEA culture. We are strongest when we trust each other, pull in the same direction and have fun together.

  • Caring for people and planet

    We want to be a force for positive change. We have the possibility to make a significant and lasting impact — today and for the generations to come.

  • Cost-consciousness

    As many people as possible should be able to afford a beautiful and functional home. We constantly challenge ourselves and others to make more from less without compromising on quality.

  • Simplicity

    A simple, straightforward and down-to-earth way of being is part of our Smålandic heritage. It is about being ourselves and staying close to reality. We are informal, pragmatic and see bureaucracy as our biggest enemy.

  • Renew and improve

    We are constantly looking for new and better ways forward. Whatever we are doing today, we can do better tomorrow. Finding solutions to almost impossible challenges is part of our success and a source of inspiration to move on to the next challenge.

  • Different with a meaning

    We are not like other companies and we don’t want to be. We like to question existing solutions, think in unconventional ways, experiment and dare to make mistakes - always for a good reason.

  • Give and take responsibility

    We believe in empowering people. Giving and taking responsibility are ways to grow and develop as individuals. Trusting each other, being positive and forward-looking inspires everyone to contribute to development.

  • Lead by example

    We see leadership as an action, not a position. We look for people’s values before competence and experience. People who ‘walk the talk’ and lead by example. It is about being our best self and bringing out the best in each other.

Get notified when IKEA posts a new role

Get Hired with Huzzle

Discover jobs with AI-powered precision. Autofill and track applications, create tailored resumes, and find the best opportunities across the web – all by simply chatting.

Already have an account?