Fives Group is seeking a Compensation Analyst
About Fives Group:
Fives Group, headquartered in Paris, France, is an industrial engineering group founded in 1812 that designs and supplies machines, process equipment and production lines for the world's largest industrial groups including the aluminum, steel, tube and pipe, glass, automotive, aerospace, logistics, cement and energy sectors. Fives has achieved sales of over $2.5 billion with a team of over 9000 employees and a network of over 100 operational units in over 25 countries.
Overview:
The Compensation Analyst supports compensation and employee rewards programs through accurate data preparation, routine analysis, market pricing, program administration, reporting, and coordination with HR, Finance, Talent Acquisition, Talent Management, Payroll, business leaders, and external vendors. The role completes recurring processes, research routine issues, maintains documentation, and prepares summaries and materials for review by the Total Rewards team
Responsibilities:
Market Pricing and Job Evaluation Support
• Completes assigned market-pricing and job-evaluation activities using approved survey sources, matching guidelines, and established procedures.
• Reviews job information, research potential benchmarks, documents proposed matches and assumptions, and submits work for review.
• Prepares comparison files, summaries, and supporting documentation for benchmark and pay-structure maintenance.
• Gathers requirements and relevant data for routine compensation requests and escalates incomplete or unusual requests.
Compensation and Rewards Program Administration
• Supports recurring compensation and employee rewards activities, including annual salary administration, recognition and referral awards, survey participation, and related communications.
• Coordinates assigned data exchanges, eligibility checks, invoices, purchase orders, reconciliations, testing, and issue tracking with internal partners and external vendors.
• Updates process calendars, documentation, controls, and status trackers and follows up on deadlines, approvals, exceptions, and open items.
• Research routine data or process issues, documents findings, make corrections within established procedures, and escalate unresolved items.
Data Analysis, Reporting, and Documentation
• Performs standard range-positioning, geographic-differential, pay-equity, compression, and scenario analyses using established templates and methods.
• Reconciles information across data sources, checks calculations, research variances, and documents corrections or open questions.
• Updates compensation survey data, benchmarking applications, HRIS files, compensation platforms, routine reports, and supporting records.
• Prepares routine reports, summaries, presentation materials, and supporting detail using approved templates.
Compliance and Team Support
• Supports wage-and-hour reviews, FLSA documentation, reporting requirements, audits, and confidential record handling.
• Updates compensation tools, templates, procedures, training materials, and job description records.
• Responds to routine questions about compensation processes and program guidelines and refers exceptions or policy questions to the appropriate team member.
• Supports assigned compensation and cross-functional HR projects and uses approved digital tools responsibly
Qualifications:
• Bachelor's degree in human resources, business administration, finance, analytics, or related discipline preferred.
• 3-5 years of compensation, human resources, finance, or data-analysis experience preferred, including exposure to market pricing, job evaluation, salary surveys, or program administration.
• Foundational knowledge of compensation principles, including market pricing, job evaluation, salary structures, pay equity, geographic differentials, and wage-and-hour requirements.
• Ability to review job information, research benchmark options, follow established matching guidelines, and document work for review.
• Proficiency with Microsoft Excel, including formulas, lookups, pivot tables, data validation, reconciliation, and organization of moderately large data sets.
• Ability to learn and use compensation systems, HRIS data, reporting tools, workflow testing, and vendor-supported applications.
• Ability to follow documented processes, manage recurring deadlines, maintain accurate records, and complete assigned work with guidance.
• Strong attention to detail and ability to check data, calculations, and documents for accuracy and completeness.
• Clear written and verbal communication skills, including preparation of routine reports, summaries, and presentation materials.
• Ability to explain routine methods and results, respond to standard questions, and escalate exceptions appropriately.
• Organizational, problem-solving, and follow-through skills, with sound judgment in handling confidential employee and pay information.
• Ability to collaborate with HR, Finance, Payroll, Talent Acquisition, Talent Management, HRMS, IT, business contacts, and external vendors.
• Willingness to learn compensation practices, systems, tools, and processes through training, feedback, and experience.
• Skills and knowledge must be commensurate with the required experience and analyst level.
• Proficiency with Microsoft Excel and experience working with data sets are required.
• Experience with compensation technology platforms or HRIS data is preferred.
• CCP coursework or a comparable compensation credential is a plus.
Benefits:
Hired employees will receive great benefits along with an extremely competitive compensation package. Benefits include Health, Dental, Vision, Life, Disability, Holidays, Personal Time Off and 401K & IRA and more.