• Compensation Analyst

    Requisition ID
    2018-7873
    Requisition Post Information* : Post End Date
    Full-Time
  • Overview

    Tractor Supply Company (TSCO), the largest retail chain of rural lifestyle products in the United States, is dedicated to enhancing our strong company culture built on our team members’ commitment to our Mission and Values.  With over 1,700 stores in 49 states and an innovative e-commerce platform, Tractor Supply ranks in the Fortune 400 with revenues of $7 billion and growing! Come grow your career with us as we serve those who live “Life out Here”!

     

    Support the administration of the Compensation programs and policies that attract, motivate and retain the Team Members. Perform analysis of compensation programs and act as a consultant to Management for Compensation related programs, processes, and policies.

    Responsibilities

    • Work with the HR Business Partners, recruiters, and department managers to create and document jobs using job descriptions and other related tools.
    • Evaluate new and/or revised jobs to determine the appropriate pay range, FLSA exemption status, and job evaluation grade.
    • Assist in the coordination and administration of the company’s bonus plans. This includes the , annual bonus plan maintenance and distribution, drafting of new bonus plans, and assisting managers and HR Business Partners with their understanding of the bonus plan measures. 
    • Perform proactive pay equity analysis on the employee population to verify adherence to federal and state regulations. Works with the HR Business Partners to further research Team Member pay and develop recommendations to address pay equity issues.
    • Support the administration of the annual merit increase process by working with the HR Administration team to setup and test the merit system. Partner with communications to develop clear and concise communications for managers.
    • Participate in salary surveys using a third party market pricing software package. Utilize survey results to develop annual pay ranges.
    • Participate in the process of developing pay ranges, communications, and administrative guides for use by field and Store Support Center management. Conduct analyses using compensation metrics to identify changes and patterns in pay ranges.
    • Conduct geographic analyses to identify where stores are located and the corresponding impact of pay variances across the country using third party software. Develop tools and communication materials to educate managers on geographic differentials.
    • Educate Management on Compensation policies and procedures to assure consistent application of the policies and procedures on employee population.

    Qualifications

    Experience: One to two years compensation or human resources experience preferred.   

     

    Education:  Bachelor’s degree in Human Resources or Business.

     

    Professional Certifications: None

     

    Other knowledge, skills or abilities: Demonstrated strong interpersonal, analytical, problem solving, communication, organization, and multi-tasking skills. Ability to handle detail oriented tasks in a confidential manner.Proficiency in Microsoft Office products including, Excel, Word, PowerPoint, and Access.

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