Sr Compensation Analyst

Overview

ENERPAC - Who we are?

Enerpac Tool Group is a premier industrial tools and services company serving a broad and diverse set of customers in more than 25 countries.

The Company's businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world.

The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin.

Enerpac Tool Group trades on the NYSE under the symbol "EPAC".

Our vision is to be our customer's preferred partner through relentless innovation of industrial tools and services that help them safely and reliably tackle their toughest jobs around the world.

For further information on Enerpac Tool Group and its businesses, visit the Company's website at https://www.enerpactoolgroup.com/ .

Summary - basic function of the role

Manages, analyzes, and optimizes Enerpac compensation programs, including base pay, long and short-term incentives, and market analysis to ensure alignment with company objectives for recruiting, retention, and employee engagement.

Shift: Monday - Friday; 8 - 4:30 pm or 8:30 - 5:00 pm; flexible

Hybrid: in office Tue, Wed and Thur.

Job Duties and Responsibilities


* Develops and implements salary structures and administrative guidelines in accordance with compensation policy.

Analyzes and benchmarks current structures and recommends changes or opportunities for improvement.


* Reviews global survey needs and participates in compensation surveys.


* Develops and maintains compensation policies, guidelines, and procedures to ensure consistent and fair pay practices across the organization.


* Conducts job evaluations and analysis globally to determine appropriate salary levels according to compensation guidelines.


* Reviews and provides recommendations on salary increases permitted within budgetary limits and according to established compensation policies.


* Analyzes organizational pay practices and makes recommendations based on market trends, and to ensure internal equity.


* Analyzes company compensation policies in relation to government wage and hour regulations, FLSA, prevailing rates for similar jobs in comparable industries or geographic areas, agreements with labor unions, and recommends changes as appropriate to establish and maintain competitive rates.


* Administers annual bonus, merit and equity processes within HRIS system, including testing, communications, audits and reporting.


* Provide advice, ad hoc analysis, guidance and support to HR business partners, managers, and leadership on compensation-related issues, inquiries or requests.


* Provide education and training to managers and HR professionals on compensation practices and policies.


* Monitor market trends, economic factors, and regulatory changes that may affect compensation practices.


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