Advanced Compensation Analyst
Maumee, OH, US, 43537
Dana is a global leader in the supply of highly engineered driveline, sealing, and thermal-management technologies that improve the efficiency and performance of vehicles with both conventional and alternative-energy powertrains. Serving three primary markets – passenger vehicle, commercial truck, and off-highway equipment – Dana provides the world's original-equipment manufacturers and the aftermarket with local product and service support through a network of nearly 100 engineering, manufacturing, and distribution facilities.
Job Purpose
The Advanced Compensation Analyst is responsible for supporting business leaders with their compensation requirements, including salary and bonus administration, detailed compensation analyses, and job evaluations. In addition, this position is responsible for project management as it relates to projects that are outside of the annual programs. The Advanced Compensation Analyst acts as the expert on compensation trends in the external market and ensures that Dana jobs are appropriately aligned for internal equity and external competitiveness.
Job Duties and Responsibilities
Responsibilities
- Develops, implements, analyzes, and administers compensation such as off-cycle salary evaluations, variable pay or short-term incentives (annual incentive plans, sign on bonuses, retention bonuses, etc.), and annual salary increases
- Design and drive annual employee compensation planning activities integrated with performance management processes, including salary increase review cycle, promotions, and equity/market adjustments
- Planning and execution of executive compensation programs including LTI equity (RSU, PSU, NQSO, etc.), deferred compensation, legacy company payments, special payments, and related administration/reporting
- Collaborate with and transfer practical compensation knowledge to HR Business Partners to drive, align, and continue implementation of Dana’s global grading guidelines
- Partner with HR colleagues and HRIS to ensure data integrity
- Provides recommendations on pay decisions, policy interpretations, and job evaluations
- Interprets internal or external compensation issues and recommends solutions
- Develop and document compensation policies and procedures ensuring compensation programs are consistently administered in compliance with internal policies and applicable local laws and statutory requirements
- Solves complex problems; takes a broad perspective to identify solutions
- May lead functional teams or projects
- Other duties within the compensation scope
Requirements
- Bachelor’s degree in Business, Finance, Human Resources, or related field required. Advanced degree a plus
- 10+ years’ experience in compensation, financial analysis, or HR administration in the manufacturing / automotive industry preferred. 7 – 10 years of experience will be considered
- Experience with SAP SuccessFactors a plus
- Strong detail-orientation skills to ensure adherence to controls and accuracy in deliverables
- Strong written and verbal communication skills, with the ability to communicate effectively to various stakeholders
- Must be an excellent problem solver and independent thinker who can create innovative solutions, with some guidance, and views challenges broadly
- Demonstrated critical thinking and decision-making skills
- Manages ambiguity, adapts to shifting priorities, and balances workload with competing priorities
- Advanced skills in Microsoft Excel and PowerPoint
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per Dana policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters were engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that Dana will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
Nearest Major Market: Toledo