Compensation Analyst

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Logo of ERMCO-ECI

ERMCO-ECI

1001 - 5000 employees

Founded 1972

⚡ Energy

🏭 Manufacturing

🔧 Hardware

Energy • Manufacturing • Hardware

ERMCO-ECI is a manufacturer specializing in transformers and related components, offering a variety of products including single and three-phase padmount transformers. The company is ISO 9001:2015 certified, indicating a commitment to quality management systems. Located in Dyersburg, TN, ERMCO-ECI emphasizes its culture and employee engagement, providing various career opportunities and resources for current and prospective employees.

📋 Description

• Provide compensation recommendations based on internal equity, external market competitiveness, and ERMCO salary ranges • Conduct day-to-day compensation evaluations, including promotions, market adjustments, lateral adjustments, and new-hire recommendations • Assist in maintaining salary structures through the annual compensation study • Support the annual compensation process for the US, Canada, and Mexico • Ensure compensation programs and practices comply with applicable regulations • Maintain compensation guidelines, procedures, and documentation • Monitor compensation trends and industry practices and recommend improvements • Support compensation-related communications by creating content, presentations, and supporting materials • Collaborate with the communications team to deliver compensation messaging • Support compensation survey participation and maintain survey-vendor relationships • Audit jobs in the system to ensure compensation criteria are current and accurate • Handle ad hoc analytics requests

🎯 Requirements

• Bachelor’s degree in HR, Business Administration, Finance, or a related field, required • A minimum of 3 years compensation experience, required • In-depth knowledge of compensation practices, trends, and regulatory requirements • Experience working with major survey vendors • Experience conducting salary surveys • Experience performing ad hoc analysis • Experience creating salary structures • Ability to support compensation cycle management • Ability to build communication plans, audit workbooks, respond to leaders, create and deliver communication statements, and load statements into HRIS • Expert-level Excel proficiency • Strong analytical, mathematical, and data visualization skills, including Power BI or Tableau • Attention to detail and accuracy when handling sensitive financial data • Strong communication, presentation, and stakeholder management skills • Ability to manage multiple tasks and projects effectively • High level of professionalism and ability to work at all levels of the organization • High level of integrity and confidentiality when handling sensitive information • Master’s degree or relevant certifications preferred

🏖️ Benefits

• Relocation assistance will be provided • Opportunity to learn, contribute, and grow in a manufacturing environment • Innovation and collaboration-focused culture

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