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Senior Compensation Analyst

BMW Group · Woodcliff Lake, New Jersey, US

SPREAD ENTHUSIASM. SHAPE THE FUTURE. SHARE YOUR PASSION.

Job description

SPREAD ENTHUSIASM. SHAPE THE FUTURE. SHARE YOUR PASSION. Knowing the destination isn't enough: you need to know how to get there. Build up your own networks, exploit new ideas, consistently take the initiative. Inspire other people with your enthusiasm. That's the only way to give ideas the power that allows them to become true innovations. WHAT AWAITS YOU. WHAT YOU SHOULD BRING. WHAT YOU CAN LOOK FORWARD TO . - Lead compensation analyst responsible for position grading and FLSA determinations for SF2-US and C4-US entities; develops and administers compensation policies and procedures. - Develops salary band structures, geographical pay systems, expert career path, salary and bonus administration; harmonizes policies across C4-US and SF2-US. - Analyzes salaries for market competitiveness and team equity; recommends structural adjustments as needed. - Manages position data to track and report salary bands, personal grades, and function levels; ensures SAP reflects compensation changes. - Oversees Geographical Pay structure for SF2-US and C4-US; evolves structure to maintain harmonized approach. - Evaluates effectiveness of compensation processes and market pay trends; advises on act...