Analyst, Compensation

Analyst, Compensation - Pune India

Does working and analyzing critical and confidential data sound exciting to you? How about working for a global fintech company? Join Western Union as an Analyst, Compensation.

Western Union powers your pursuit.

Reporting to the Director, Regional Compensation, EMEA-APAC, this position is responsible for providing compensation program support to the Compensation team and our Strategic HR Business Partners across the APAC region. This team is critical in supporting the compensation needs of our global organization by helping manage the day-to-day administration of our Reward programs including the overall spend and effectiveness of our global programs

Role Responsibilities

• Conduct job benchmarking analysis, job evaluation and salary administration to determine appropriate salary grades, ranges, and pricing based on internal and external equity.

• Review job matches, survey data and prepare survey submissions for participation in various external salary and compensation surveys. 

• Work closely with HRBP and Talent Acquisition teams on proposals for new hire offers, promotions, and market adjustments.

• Participate in a variety of Human Resources and Compensation related analytical projects including the Annual Compensation Planning year-end cycle.

• Support industry market survey submission process for the APAC region.

• Review survey results and proactively provide the analysis of market trends and recommendations for any changes in our structure or individual adjustments based on the data.

• Receive, research, and respond to customer inquiries concerning salaries and salary adjustments promptly and professionally.

• Attend and participate in onboarding and new hire orientation.

• Provide analytical support for compensation programs, including data analysis and reporting.

• Collaborate with HR and management to develop and communicate HR policies and procedures.

• Conduct regular market analysis to ensure the competitiveness of the organization's compensation.

• Assist in conducting studies for specific functional areas; analyze market trends; complete statistical reports and assist in the development of recommendations and action plans designed to attract, retain and reward employees.

• Work on regional and other special projects as assigned

Role Requirements

• Experience in Human Resources, Business Administration, or related field.

• Minimum of 2-4 years of previous HR experience, ideally in compensation program support, including technical knowledge of key compensation fundamentals.

• Experience with an automated HRIS system, preferably Workday, is preferred.

• Proficient in Microsoft Office Suite (Word, PowerPoint) and excellent skills in Excel.

• Strong written and verbal communication skills.

• Ability to handle confidential and sensitive information with discretion.

• Attention to detail and follow-through skills a must.

• Strong problem solving and analytical skills.

• Sound logic, reasoning skills to identify, develop, evaluate alternative solutions, conclusions, or approaches to problems.

• Excellent organizational and time management skills.

We make financial services accessible to humans everywhere. Join us for what’s next.

Western Union is positioned to become the world’s most accessible financial services company transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.

Benefits

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few (https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your India specific benefits include:

• Employees Provident Fund [EPF]

• Gratuity Payment

• Public holidays

• Annual Leave, Sick leave, Compensatory leave, and Maternity / Paternity leave

• Annual Health Check up

• Hospitalization Insurance Coverage (Mediclaim)

• Group Life Insurance, Group Personal Accident Insurance Coverage, Business Travel Insurance

• Cab Facility

• Relocation Benefit

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.  

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

#LI-KP2 #LI-Hybrid

Estimated Job Posting End Date:

09-27-2024

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.