Compensation Analyst | MAA Corporate Office

Job SummaryThe Compensation Analyst reports to compensation team management to coordinate and execute analytical projects for human resources with a focus on compensation and related total rewards programs. Primary responsibilities include research and analysis of HR programs and data; the design and generation of standard and custom reports, metrics, and dashboards to generate insights and recommendations; collaboration as an internal consultant on a broad range of cross-functional HR projects.Please note that this is an in‑office role that reports to the MAA Corporate Office in Germantown, Tennessee.Duties And ResponsibilitiesBusiness Insight, Decision Quality and Financial AcumenAnalyzes internal and external pay equity and provides consultative guidance and recommendations for internally equitable and market competitive offers and pay adjustments based on compensable factors (e.g., documented qualifications, location, job level).Prepares, facilitates, and administers regular and ad-hoc bonus and incentive plans and programs.Analyzes and contributes to the evaluation of total reward programs, including bonus and commission incentive plans, pay differentials, and other recognition and rewards. Researches and analyzes market data to benchmark best practices and competitive positioning. Identifies and prioritizes recommendations to improve and maintain market competitiveness.Facilitates the configuration, maintenance, and administration of job descriptions, competencies, and performance management systems and processes to enable effective recruitment, retention, and pay for performance. Collaborates and Communicates EffectivelyContributes subject matter expertise and consultative guidance to internal customers and cross-functional projects within HR and the company.Develops and prepares high quality analyses, reporting, and presentations. Gathers and documents business requirements and identifies potential solutions and recommendations. Designs and generates standard and ad-hoc reports to analyze and provide insights and interpretation to enhance decision making and problem solving. Instills Trust and Optimizes Work ProcessesMaintains and enforces data integrity, accuracy, and confidentiality of all human resources data. Audits data and processes to ensure data integrity and quality. Participates in the continuous development, adoption, testing and maintenance of HR processes and systems. Documents and maintains standard operating procedures and workflows for select HR functions and business processes. Monitors current and emerging HR trends and practices to continually develop professional competencies and HR programs.Ensures AccountabilityMaintains awareness of federal, state, and local wage and hour and other employment-related laws and regulations (e.g., Fair Labor Standards Act, EEO). Supports compliance with federal, state, and local employment-related laws and regulations with reporting and by researching best practices and implementing process enhancements to improve efficiency and effectiveness.Performs other related duties as assigned to meet the needs of the business. Required QualificationsBachelor’s degree and 2 to 4 years of experience in quantitative and qualitative analysis of human resources programs with a focus on compensation or related area required, or an equivalent combination of education and experienceProject management experience requiredPreferred QualificationsCorporate compensation and/or consulting experience strongly preferredExperience with incentive compensation and/or sales performance management systems strongly preferredExperience with Workday human capital management system strongly preferredCertification in human resources or related field preferred (e.g., SHRM-SCP/CP, SPHR/PHR, CCP)Knowledge, Skills, And AbilitiesQuantitative and qualitative analytical skills applicable to large data setsKnowledge of human resource principles and practices, especially base and incentive compensationKnowledge of all employment laws and regulations, especially governing wage and hour practices (e.g., FLSA, EEO, FMLA)Knowledge and skill to design reports, summarize and interpret data, draw conclusions, and prepare recommendationsIntellectual curiosity and research skills applied to the field of human resourcesBusiness and financial acumen, including general financial concepts and modelingEffective written and verbal communication skills, including public speakingApplied critical thinking, analytical, and problem-solving skillsKnowledge and skills to manage projects, organize, prioritize, and meet deadlinesProcess management skills, including mapping and streamlining processesOrganizational skills to coordinate multiple projects, goals, and objectivesAttention to detail and accuracy and data integrityFlexibility and adaptability to change as well as a tolerance for ambiguitySystems thinking and technological savvy to learn HR applications (e.g., Workday)Proficiency with Microsoft Office applications (Word, Excel, Outlook, and PowerPoint)Initiative and self-direction as well as the ability to collaborate as part of a teamAbility to maintain confidentiality and maintain appropriate discretionPhysical And Environmental RequirementsThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.This position requires the ability to occasionally lift office products and supplies, up to 20 pounds.This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.DisclaimerPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.