Compensation Analyst

Posted 8 Days Ago
Be an Early Applicant
Hiring Remotely in OH
Remote
3-5 Years Experience
Fintech
The Role
The Compensation Analyst at Progressive Leasing will focus on base salary, short term and long-term incentives plans. Responsibilities include evaluating jobs, administering compensation processes, managing stock purchase plans, participating in salary surveys, streamlining compensation procedures, and partnering with external vendors and various business functions.
Summary Generated by Built In

Progressive Leasing is a leading provider of in-store and e-commerce lease-to-own solutions. As an almost 20+ year old FinTech company that has gone from start-up to industry leader, we know how to innovate, simplify, and value all people. We are a company founded on our grit and we are constantly looking to the future. As an ever-evolving group of entrepreneurs and technologists, we strive to do the right thing period in all aspects of our work. We are a subsidiary of PROG Holdings (NYSE: PRG), an exciting FinTech holding company, with three business segments including Progressive, Vive Financial, and Four, a Buy Now Pay Later (BNPL) platform.

 

Progressive Leasing is hiring a Compensation Analyst, reporting to the VP Rewards and People Operations. This can be either a remote position or can go to an office in Draper, UT.

The Senior Compensation Analyst will focus on base salary, short term and long-term incentives plans. You will join a fun compensation team and be able to learn and develop.

YOUR DAY TO DAY:

  • Evaluate jobs, determine salary ranges, and educate management on appropriate job classification and profile. Review proposed promotion and adjustment increases and counsel managers on Compensation-related challenges.
  • Administer Advanced Compensation processes in Workday including configuration, testing and ongoing requirements for the Compensation team. Identify best practices and lead automation of processes.
  • Administer quarterly short-term incentive plans for the discretionary bonus plan and sales incentive plans.
  • Administer annual merit and bonus awards, including cost modeling; developing budgets, guidelines, and tools; preparing communication materials; and counseling People Partners and management.
  • Manage PROG’s Employee Stock Purchase Plan (ESPP) including enrollments and bi-annual purchases.
  • Participate in annual salary surveys, including preparation and submission of all required data elements.
  • Identify, develop and document procedures to streamline compensation processes and ensure compliance with regulatory and audit/SOX requirements.
  • Partner with external vendors for compensation programs including employee data files from the HCM to the vendor.
  • Support Compensation projects from design through execution, including modeling, project planning, communication and training.
  • Assist with PROG’s long-term incentive plan, including annual and off-cycle grants, annual and off-cycle vesting events and communications to recipients.
  • Partner with Accounting for monthly and quarterly financial reporting, accrual estimates and annual budget support.
  • Partner with Payroll, Legal, Audit, and Tax to ensure ongoing compliance with our shareholder approved plans.

YOU'LL BRING

  • 4+ years’ experience in Compensation, Finance or data analysis
  • Advanced Excel skills required
  • Demonstrated analytical abilities
  • Workday Advanced Compensation experience a plus
  • Experience with equity administration a plus
  • CCP certification a plus
  • Ability to function in a fast-paced environment
  • Strong communication skills with an ability to communicate effectively with all levels of employees and internal/external partners
  • Excellent project management skills
  • Experience successfully navigating competing priorities and shifting business needs
  • Ability to interface effectively and build and maintain strong relationships across multiple business functions
  • Bachelor’s degree in Human Resources, Finance, Business Administration, or another field that uses quantitative analysis, or equivalent practical experience

YOU MAY ALSO BRING:

  • Excellent problem-solving, critical thinking, deductive reasoning, inductive reasoning, and analytical skills
  • High professional standards and strong customer experience mentality with an energetic, positive attitude

WHAT WE OFFER

  • Competitive Compensation
  • Full Health Benefits; Medical/Dental/Vision/Life Insurance + Paid Parental Leave
  • Company Matched 401k
  • Paid Time Off + Paid Holidays + Paid Volunteer Hours
  • Diversity Alliance Resource Groups
  • Employee Stock Purchase Program
  • Tuition Reimbursement
  • Charitable Gift Matching
  • Job required equipment and services

Progressive Leasing welcomes and encourages diversity in the workplace. We do not discriminate in any aspect of employment on the basis of race, color, religion, national origin, ancestry, gender, sexual orientation, gender identity and/or expression, age, veteran status, disability, or any other characteristic protected by federal, state, or local employment discrimination laws where Progressive Leasing does business.

Top Skills

Excel
Workday
The Company
HQ: Draper, UT
1,480 Employees
On-site Workplace
Year Founded: 1999

What We Do


Our Mission is to provide convenient access to simple and affordable purchase options for credit-challenged consumers.

OUR VALUES
• We Value People Above All Else
• We Do The Right Thing - Period
• We Innovate & Simplify
• We Have GRIT

DIVERSITY @ PROG
We believe that diversity – of people and ideas – inspires innovation and improves communities. Progressive Leasing strives to be an inclusive organization that reflects the diversity of the customers we proudly serve.

OUR AWARDS
2022
• Shatter List (Women Tech Council)

2021
• Shatter List (Women Tech Council)
• Business Equality Leader (Equality Utah)
• Best Companies to Work For (Utah Business Magazine)
• Best Places to Work (Phoenix Business Journal)

2020
• Shatter List (Women Tech Council)
• Best Companies to Work For (Utah Business Magazine)
• Utah's Fast 50 (Utah Business Journal)

2019
• Best Companies to Work For (Utah Business Magazine)
• Utah's Fast 50 (Utah Business Magazine)

2018
• Best Places to Work (Glassdoor)
• Top CEOs (Glassdoor)
• Best Companies to Work For (Utah Business Magazine)
• Utah's Fast 50 (Utah Business Magazine)
• Forty under 40: Utah's Rising Stars (Utah Business Magazine)

Progressive Leasing is a leading provider of in-store, ecommerce, and app-based point-of-sale lease-to-own solutions that provide transparent and competitive payment options and flexible terms intended to help credit challenged customers achieve merchandise ownership. The company has helped millions of consumers acquire furniture, appliances, jewelry, electronics, mattresses, cell phones, and other products consumers need by utilizing a technology-based proprietary platform that provides instant decisioning results. Progressive Leasing is owned by PROG Holdings, Inc. (NYSE:PRG), a fintech holding company based in Salt Lake City, Utah. More information on Progressive Leasing can be found on the company’s website, https://progleasing.com..

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