Sr Compensation Analyst (Finance)

Overview

ENERPAC - Who we are?

Enerpac Tool Group is a premier industrial tools and services company serving a broad and diverse set of customers in more than 25 countries. The Company's businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group trades on the NYSE under the symbol "EPAC".

Our vision is to be our customer's preferred partner through relentless innovation of industrial tools and services that help them safely and reliably tackle their toughest jobs around the world.

For further information on Enerpac Tool Group and its businesses, visit the Company's website at https://www.enerpactoolgroup.com/ .

Summary - basic function of the role

Manages, analyzes, and optimizes Enerpac compensation programs, including base pay, long and short-term incentives, and market analysis to ensure alignment with company objectives for recruiting, retention, and employee engagement.

Shift: Monday - Friday; 8 - 4:30 pm or 8:30 - 5:00 pm; flexible

Job Duties and Responsibilities

• Develops and implements salary structures and administrative guidelines in accordance with compensation policy. Analyzes and benchmarks current structures and recommends changes or opportunities for improvement.
• Reviews global survey needs and participates in compensation surveys.
• Develops and maintains compensation policies, guidelines, and procedures to ensure consistent and fair pay practices across the organization.
• Conducts job evaluations and analysis globally to determine appropriate salary levels according to compensation guidelines.
• Reviews and provides recommendations on salary increases permitted within budgetary limits and according to established compensation policies.
• Analyzes organizational pay practices and makes recommendations based on market trends, and to ensure internal equity.
• Analyzes company compensation policies in relation to government wage and hour regulations, FLSA, prevailing rates for similar jobs in comparable industries or geographic areas, agreements with labor unions, and recommends changes as appropriate to establish and maintain competitive rates.
• Administers annual bonus, merit and equity processes within HRIS system, including testing, communications, audits and reporting.
• Provide advice, ad hoc analysis, guidance and support to HR business partners, managers, and leadership on compensation-related issues, inquiries or requests.
• Provide education and training to managers and HR professionals on compensation practices and policies.
• Monitor market trends, economic factors, and regulatory changes that may affect compensation practices.
• Provide support and oversight to administration of deferred compensation and employee stock purchase programs.

Skills and Competencies

• Competence in all Microsoft office software applications with advanced skills in Excel.
• Strong ability to analyze and interpret information to develop insights.
• Understanding of compensation structures, salary benchmarking, job evaluation methods, and incentive compensation programs.
• High level of accuracy and attention to detail.

Education and Experience

• Bachelor's degree in human resources or business administration and at least five years of experience in compensation administration
• CCP designation preferred

Physical Demands

Employee will have to be able to walk/climb to a variety of primary work locations. Employee will need to listen, understand, and speak with team members in person, telephonically, and electronically at all levels within a diverse workforce and with supported organizations. Employee is able to work in front of a personal computer and telephone for long periods of time.

Work Environment

Primary work environment is temperature-controlled office setting, but may also include typical warehouse environment on occasion, where following appropriate safety protocols at the location would be required. Employee will be exposed to low levels of noise in an office.

Direct Reports

None

Key External Contacts/Clients

Vendors, former employees

EEO Statement

Enerpac is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected status in accordance with applicable federal, state, and local laws. We are committed to creating an inclusive environment for all employees and applicants and encourage candidates of all backgrounds to apply.

If you are an individual with a disability and you need assistance or a reasonable accommodation during the application process, please reach out to us at: recruiter@enerpac.com

If you're looking for a unique, exciting career with variety and potential for growth, Enerpac Tool Group offers challenges and rewards for people on a global scale.

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