Compensation Analyst

Join Us as a Compensation Analyst!

At Smithfield Foods, you will be at the heart of our dynamic compensation programs, ensuring fair and competitive compensation practices. You will dive into the world of compensation administration, managing position descriptions, evaluations, FLSA testing, salary administration, and conducting in-depth compensation analyses. Your role will keep our compensation requirements precise and compliant.

You will also be instrumental in implementing innovative compensation programs that translate our strategic goals into real-world success. Your insights and dedication will drive Smithfield Foods forward, making a tangible impact on our journey towards excellence.

What You'll Do:

• Dynamic Data Management

  • Complete and maintain salary survey data by compiling, organizing, and submitting data on a timely basis, ensuring up-to-date market information for management's annual reviews and frequent job pricing.

  • Evaluate the organization's jobs, document responsibilities and requirements in job descriptions, and respond to inquiries about compensation, market competitiveness, job leveling, and job description maintenance and development.

  • Execute core processes, support the annual merit increase process, and partner with HRIS and Payroll departments to ensure smooth, efficient, and error-free operations.

• Strategic Compensation Solutions

  • Maintain and enhance a comprehensive database for accessing compensation information and associated job descriptions.

  • Assist with KPI tracking, calculations, and forecasting of all incentive plans, including annual incentives and sales incentive compensation.

  • Prepare compensation-based communication materials, supporting and partnering with key stakeholders to drive the completion of compensation projects.

• Special Projects and Continuous Improvement

  • Develop and maintain internal compensation databases, processes, and procedures, ensuring continuous improvement and efficiency.

  • Tackle special projects as needed, including acquisition integration, organization restructuring, system installation, report analysis, and more.

  • Seek internal and external information to provide strategic solutions to complex compensation issues, and partner with finance for compensation audits and accruals, using analytics to monitor the effectiveness of compensation plans, programs, and policies.

What We're Seeking:

• Bachelor's Degree from an accredited four-year college or university and 2+ years relevant experience, or equivalent combination of education and experience; required.

• Bachelor's degree preferred.

• Knowledge of, and experience with, compensation principles and concepts, compensation analysis and consulting, including market pricing, compensation plan/structure design, job evaluation and grading, and FLSA review.

• Excellent analytical and technical skills including expertise in Excel, Word, PowerPoint and HRIS.

Other Skills That Make You Stand Out:

• Demonstrated maturity in dealing with all levels of employees and the ability to maintain confidentiality of all employee information.

• Strong planning, problem-solving, project management, organizational, and communication skills; able to multi-task.

• Current PHR, SHRM-CP or CCP certification (or willingness to obtain) is a plus.

• Ability to develop positive working relationships with both internal and external vendors and customers.

• Ability to work well with others in fast paced, dynamic environment.

• Ability to be respectful, approachable and team oriented while building strong working relationships and a positive work environment.

Relocation Package Available: Yes

EEO Information: Smithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law. If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.