Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The company believes it offers one of the world’s broadest inventory of aerospace products, comprised of more than 600,000 active stock keeping units, including hardware, bearings, tools, electronic components, machined parts and chemicals. Wesco Aircraft has more than 2,700 employees across 82 locations in 19 countries.
The Compensation Analyst is accountable for administering Wesco’s salary administration program. This position will monitor, evaluate, and analyze salary data, determine pay grades, conducts or participates in compensation surveys. Performs a variety of tasks and works under general supervision. A certain degree of creativity and latitude is required.
DUTIES AND RESPONSIBILITIES:
Administers and maintains all salary structures and pay ranges.
Complete the compensation benchmarking for all positions within the company and maintain a record of all titles, grades, FLSA status, and pay ranges for all salaried and hourly positions.
Conducts internal comparisons and provides salary adjustment recommendations for pay ranges.
Ensures all salary structure schedules are accurately updated and maintained per approved guidance from senior management.
Conducts various department and individual wage review projects internally, including costing analysis, communication and implementation.
Ensures accuracy by reviewing data sets for trends or anomalies for compensation projects, including data for participation in salary surveys, wage scale reviews or job comparisons, both internally and externally.
Works with managers and HR Business Partners (globally) to analyze compensation-related issues.
Uses compensation expertise to solve complex business problems to meet business needs.
Applies sound compensation principles, best practices and appropriate guidelines when presenting recommendations to management.
Prepares detailed and summary reports for senior management as needed.
Leads special projects/analyses to identify trends, assess impact, analyze alternatives and recommend action plans.
Provides project status reports to management and ensures project results meet the needs and requirements of the business.
Assists in the design, communication and distribution of compensation programs, including base salary administration and incentive plans.
Participates in the planning and administration of the annual compensation review process for merit, bonus, deferred compensation, and sales incentive plan.
Documents new and updates existing processes and procedures.
Identifies and develops recommendations for new methods / procedures / process and system enhancements.
Keeps appraised of applicable industry legislation and regulations related to local and international compensation to ensure compliance.
• Bachelor's degree in Human Resources, Finance, or related field or equivalent work experience.
• Five or more years of experience in Compensation, Human Resources or related area.
• Proven analytical, critical thinking and problem solving skills; ability to synthesize information and data from a variety of sources.
• Highly proficient in MS Office; Excel and PowerPoint.
• Ability to develop Excel models for calculations and analysis, using VLOOKUPs, Pivot tables, charts, and mail merge.
• Outstanding problem solving skills and a high receptivity to feedback.
• Strong project management and organizational skills.
• Excellent relationship management and critical thinking/decision management skills.
• Strong attention to detail with the ability to work under pressure and adapt to changing priorities
This position requires use of information which is subject to compliance with the International Traffic in Arms Regulations (ITAR). To conform to U.S. Government export regulations/ITAR, applicant must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State.
Wesco Aircraft is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
This is an exciting time to join Wesco Aircraft due to our expansion and increased market share within the aerospace industry. At Wesco Aircraft, we invest in our employees, meaning the opportunity for career progression and personal development is outstanding.
Wesco is proud to offer a broad range of benefits options. You can choose from a number of plans including medical, dental, vision, life and disability insurance and voluntary supplemental programs. All full time employees are eligible for benefits coverage.
At Wesco Aircraft, we know that having the best employees provides us the competitive advantage and we are always searching for capable individuals. Apply online at: www.wescoair.com
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