Compensation Analyst, Specialist

Reposted 19 Days Ago
Be an Early Applicant
Malvern, PA, USA
In-Office
Mid level
Fintech
The Role
The Compensation Analyst supports compensation processes by conducting job evaluations, analyses, and benchmarking. They partner with consultants to advise management on equitable pay and assist with policy improvements.
Summary Generated by Built In

Details:

Join Vanguard’s Total Rewards team as a Compensation Analyst. In this role, you will support a wide array of compensation processes and projects. You will partner with our team of Compensation Consultants to evaluate roles, conduct compensation analyses, and provide guidance to business leaders. Your focus will include areas such as job evaluation, survey participation, compensation benchmarking, job change analyses, and year-end compensation. You will also help improve our compensation practices, guidelines, and procedures.
The ideal candidate has strong analytical skills, proficiency in Excel, and excellent communication skills. You should be comfortable analyzing large datasets to find key insights and trends. Familiarity with job evaluations, salary structures, and market benchmarking is preferred. Experience with Workday is a plus, as you will support various compensation processes within the platform. Attention to detail and a commitment to high-quality work and customer service are important for success in this role.

Core Responsibilities

1. Conducts job family design, job evaluations, salary increase reviews and benchmark reviews to ensure crew pay is internally equitable and externally competitive.

2. Manages and contributes to a work stream for strategic initiatives that span across base pay, sales and incentives, executive compensation and Vanguard's overall compensation philosophy. Monitors the effectiveness of existing compensation policies and procedures and recommends plan revisions to compete with market trends.

3. Conducts compensation benchmarking exercises and manages surveys to support competitive analysis of compensation programs. Performs trend analysis and industry best practices research to support enterprise decision making. Conducts and participates in compensation surveys.

4. Assists with compiling and preparing reports for the purpose of providing written support and conveying information to senior management.

5. Participates in special projects and performs other duties as assigned.

Qualifications

  • Three years related work experience.

  • Undergraduate degree or equivalent combination of training and experience.

Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission—we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

Skills Required

  • Three years related work experience
  • Undergraduate degree or equivalent combination of training and experience

Vanguard Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vanguard and has not been reviewed or approved by Vanguard.

  • Retirement Support Retirement support appears unusually strong through a 401(k) design that includes a match plus an additional employer contribution, which can materially lift long-term total rewards. HSA seeding and an enhanced employer match further strengthen the savings-and-benefits value of the package.
  • Wellbeing & Lifestyle Benefits Wellbeing and lifestyle support is reinforced by a sizable annual FlexFund stipend that can be applied across many day-to-day categories such as fitness, childcare, and other personal expenses. On-site or virtual clinics and fitness options add practical health and wellness convenience.
  • Affordable Benefits Healthcare and related benefits are positioned as comparatively affordable via heavily subsidized medical plans and broad coverage options. This affordability can offset moderate base pay for employees who place higher value on out-of-pocket cost reductions.

Vanguard Insights

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The Company
Charlotte, NC
20,252 Employees
Year Founded: 1975

What We Do

We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests. Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind. Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets. For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin Vanguard Marketing Corporation, Distributor.

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