Expired job

Just missed a job?

Sign up and never miss an opportunity again!

Compensation Analyst job

Sallie MaeNewark, DE
Sallie Mae jobs

Company

Salary

Skills

Benefits

Company Description

Sallie Mae is a company created with great purpose. We provide loans. But what separates us from any other financial institution is that we have a why. We have a purpose. We make the dream of higher education a reality. We do it by being a resource for families who want to save, plan, and pay for college. Our vision, to be a trusted financial partner, inspires us to explore new ways to serve our customers every day. No matter what position you hold at Sallie Mae, you'll have a role in moving us toward that vision.

Over the last 40 years, Sallie Mae has helped more than 34 million Americans pay for college. The same passion we have for helping customers is applied to helping our employees achieve professional and personal growth. With a wide range of opportunities available, we invite you to join our growing team and help students make their dreams of higher education a reality.

Job Description

Compensation Analyst

Newark - Continental, DE

Who we are:

Sallie Mae is proud to help Americans aspiring to create the life they want—whether that means helping them make college happen, or something more. Our colleagues across departments and across the country are united in our passion and our customer-first approach. Whether you want to join a growing company, be part of an agile workforce, or gain new skills—you’re in the right place.

What You’ll Contribute:

The Compensation Analyst will assist with the design, implementation, and
administration of compensation programs that are cost effective and that
provide strong competitive positioning to support the company’s
compensation philosophy. Must have a foundational knowledge of compensation
principles, compensation tools, surveys and market data resources to
provide sound data and recommendations. Must have the ability to explain
compensation principles to all management levels of the company while
ensuring compliance to all state and federal regulatory requirements that
relate to compensation.

What You'll Do:

50% - Compensation Administration
  • Supports the Compensation team in establishing the compensation
    strategy and set short- and long-term objectives to drive the success
    of the function.
  • Plans, analyzes and supports merit and incentive programs; provides
    accrual estimates, plan payouts, and timelines to finance for
    Management incentive plan.
  • Reviews salary adjustment requests and position approval proposals for
    all positions; makes recommendations based on internal equity and
    external competitiveness.
  • Evaluates any new or revised job descriptions and determines
    appropriate job grades and salary ranges;
  • Ensures the new job code, job grade, new salary ranges exist in Workday
    and compensation structure.
  • Validates job grades in the compensation structure to ensure the grade
    assignment is aligned with the market and reflects the internal value.
  • Provides consulting services to HR Business Partner(s) and business
    unit management on compensation policies and practices.
  • Audits and diagnoses compensation issues in the workplace and
    identifies appropriate strategies to resolve problems.
  • Partners with Legal counsel to conduct audits and manages audit process
    to ensure compliance of compensation policies and legal requirements
30% - Incentive Compensation Administration
  • Oversees the company’s short-term incentive governance program which
    outlines the standards and requirements for incentive compensation plan
    (ICP) design and administration. Works with HR and business units to
    communicate and ensure compliance with program requirements
  • Partners with HR Business Partner(s) to support the design and analysis
    of business area incentive plans. Assist in establishing guidelines to
    measure ongoing plan effectiveness
  • Supports the design and administration of the Corporate Incentive Plan
    (MIP)
  • Provides corporate level reporting and tracking of ICP performance
    against goals and anticipated/actual payouts.
  • Stay abreast of regulatory environment impacting incentive
    compensation. Ensure continued compliance with regulatory requirements,
    internal controls and Sallie Mae’s compensation strategy
  • Provides expertise in the ongoing management and improvement of
    incentive compensation programs and processes
20% - Equity Administration
  • Assists in preparing annual proxy statement, including preparation of
    all equity charts
  • Responsible for maintaining controls and processes for equity awards
  • Oversees annual Employee Stock Purchase Plan
Required Qualifications:

What You'll Bring:
  • Bachelor’s degree in Human Resources or related field or equivalent
    work experience
  • Three years of combined experience in Compensation, Human Resources, or
    analytics
  • Previous Experience in banking industry highly preferred
  • Knowledge of Federal Guidelines on Sound Incentive Compensation
    Policies
  • Must have strong computer and database application skills including
    Microsoft Word, Excel, PowerPoint
  • Workday knowledge or experience preferred
  • Experience with equity plans preferred
  • Demonstrated knowledge of compensation and employment law
  • Excellent oral and written communication skills
  • Knowledge of equity plan design and administration
  • Strong data analysis skills
  • Must be extremely detail oriented
  • Ability to influence and build effective interpersonal relationship
  • Strong project and time management skills
  • Ability to multi-tasking and prioritize multiple projects/tasks
  • Strong customer service skills
  • Strong problem-solving skills
  • PHR/CCP Certification preferred
What You'll Get at Sallie Mae:
  • Comprehensive Compensation and Healthcare Benefits (Medical, Dental, Vision plans)
  • Financial Well-being: 401(k) company match, employee stock purchase plan, and basic life insurance and short-term disability are provided to employees at no cost
  • Work/Life Balance: Paid time off, time off to volunteer, and tuition reimbursement. In addition, after 6 months of employment, primary caregivers receive 12 weeks of 100% fully paid time off and secondary caregivers are eligible for 4 weeks of 100% fully paid time off, for birth or adoption
  • Wellness: Fitness centers/gym subsidies, free Fitbits with step challenges, and wellness education
Estimated annual salary
$84,267
average
Minimum
$54,830
Maximum
$98,256

TASKS

  • Evaluate job positions, determining classification, exempt or non-exempt status, and salary.
  • Ensure company compliance with federal and state laws, including reporting requirements.
  • Prepare occupational classifications, job descriptions, and salary scales.
  • Provide advice on the resolution of classification and salary complaints.

SKILLS

  • Reading ComprehensionUnderstanding written sentences and paragraphs in work related documents.
  • Active ListeningGiving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • WritingCommunicating effectively in writing as appropriate for the needs of the audience.
  • SpeakingTalking to others to convey information effectively.

KNOWLEDGE

  • Administration and ManagementKnowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • ClericalKnowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • Economics and AccountingKnowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • Customer and Personal ServiceKnowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
Dental InsuranceTuition AssistanceVacation & Paid Time Off
Employee Stock Purchase Plan401K PlanLife Insurance
Health InsuranceDisability InsuranceVision Insurance

Sallie Mae

Type

Company - Public

Size

1001-5000

Revenue

$1B to 2B

Location

300 Continental Dr.Newark, DE, 19713and others

Industry

Insurance
Banking/Mortgage
Accounting/Finance
More...

Founded

1972

CEO

Raymond J Quinlan

Job Filters

Statistical Modeler ISallie MaeNewark, DE
Statistical Modeler INewark - Continental, DEWho we are:Sallie Mae is proud to help Americans aspiring to create the life they want-whether that means helping them make college happen, or something more. Our colleagues across departments and across the...Read more
Senior Android DeveloperSallie MaeIndianapolis, IN
Senior Android DeveloperIndianapolis, INWho we are:Sallie Mae is proud to help Americans aspiring to create the life they want-whether that means helping them make college happen, or something more. Our colleagues across departments and across the country...Read more
Analyst, Web AnalyticsSallie Mae IncNewton, MA
Analyst, Web AnalyticsNewton, MAWho we are:Sallie Mae is proud to help Americans aspiring to create the life they want-whether that means helping them make college happen, or something more. Our colleagues across departments and across the country are...Read more
Software Development Test Engineer IISallie Mae IncIndianapolis, IN
Software Development Test Engineer IIIndianapolis, INWho we are:Sallie Mae is proud to help Americans aspiring to create the life they want-whether that means helping them make college happen, or something more. Our colleagues across departments and across...Read more
Senior Software EngineerSallie Mae IncIndianapolis, IN
Senior Software EngineerIndianapolis, INWho we are:Sallie Mae is proud to help Americans aspiring to create the life they want-whether that means helping them make college happen, or something more. Our colleagues across departments and across the country...Read more

Closed Job Filters

Facility CoordinatorSallie MaeBear, DE
Facility Coordinator New Castle - Christiana, DE Who we are: Sallie Mae is proud to help Americans aspiring to create the life they wantwhether that means helping them make college happen, orRead more
Compensation AnalystSallie MaeNewark, DE
Compensation Analyst Newark - Continental, DE Who we are: Sallie Mae is proud to help Americans aspiring to create the life they want—whether that means helping them make college happen, or somethingRead more
ManagerSallie MaeNewark, DE
**Customer Experience Project Manager** **Req ID** R01944 **Description** **Sallie Mae** is proud to help Americans aspiring to create the life they want\-\-whether that means helping them makeRead more
Credit Card Project ManagerSallie MaeNewark, DE
" Return to Search Results Title Credit Card Project Manager Req ID S01749 Description Sallie Mae is proud to help Americans aspiring to create the life they want--whether that means helping them makeRead more
Senior Database AdministratorSallie MaeIndianapolis, IN
Sallie Mae is proud to help Americans aspiring to create the life they want—whether that means helping them make college happen, or something more. Our colleagues across departments and across theRead more
Similar jobs in the area
A cybersecurity technology is in need of a Telecommute Senior Compensation Analyst. Must be able to: Create and implement incentive programs aligned with supporting core values and driving performance Lead annual compensation analyses for benchmarking all...Read more
Excellent opportunity for a skilled HRIS Analyst / Payroll specialist with experience in ADP Workforce Now Client Details Our client is a entrepreneurial Engineering / Manufacturing firm that has been experiencing significant growth. Description Handle Pay...Read more
RCM Technologies is looking for an HRIS Analyst. This is a remote position. Liaise with Human Resources and Information Services to identify and implement added system functionality Maintain HRIS system core data tables Maintain integrity and accuracy of...Read more
Overview AASKI Technology is a dynamic government services and solutions provider to multi-faceted Military and Commercial sectors. By creating a highly stable work environment centered on fulfilling our customers' needs, AASKI fosters a challenging work...Read more
flexjobs
Deliver Eats with Uber EatsUber EatsNewark, DE
Deliver with Uber. Earn on your schedule. Work on your schedule. Deliver for a few hours in the mornings, every night, or just on weekends—it's up to you. Earn Good Money. You’ll earn by bringing people the food they love from local restaurants. Choose...Read more
The Benefit Investment Analyst will play an integral role in the investment management and cost control of the defined benefit, defined contribution and the stock plan for the North America Region. The position will be the back office of the benefit...Read more
Veteran Corps of America, an INTERFUZE company, largely staffed by military veterans, provides equipment, training, and technical support to first responders, law enforcement and military personnel around the globe. The mission of Veteran Corps is absolute...Read more
An information technology outsourcing firm is in need of a Remote Talent Management Analyst. Must be able to: Consultant for Compensation Management, Goals, and Performance Provide data analysis and reporting for Talent Management programs Applicants must...Read more
A staffing agency is searching for a person to fill their position for a Remote Workday HRIS Analyst. Candidates will be responsible for the following: Acting as the Workday SME for the internal HR team Ensuring the team is empowered to utilize the system...Read more
Senior Compensation Manager If you are a current employee, click here to apply Locationby JobbleRead more
Acquisition Program AnalystParsons Commercial Technology Group Inc.Aberdeen, MD
Parsons is a leader in the world of Engineering, Technical Services, Electronic Security Systems, and Cyber Security. We provide complex, solution-oriented services for the defense, intelligence, security, and space markets. Our purpose is to Deliver a...Read more
Show more jobs
500+ more jobs

Similar jobs

A shared housing startup is searching for a person to fill their position for a Remote Member Acquisition Representative. Core Responsibilities of this position include: Quickly responding to prospective members’ emails in a friendly way Helping...Read more
Parsons is a leader in the world of Engineering, Technical Services, Electronic Security Systems, and Cyber Security. We provide complex, solution-oriented services for the defense, intelligence, security, and space markets. Our purpose is to Deliver a...Read more
A multinational technology firm is filling a position for a Telecommute Analyst Relations Manager. Core Responsibilities Include: Developing and implementing a holistic analyst relations program Guiding consistent interaction and engagement with key...Read more
Tracking Code PMRDR-19-1935-W Job Code 19-1935 Posting Title Acquisition Specialist Post Date 1/2/2020 Full Time / Part-Time Full Time Travel Up to 25% City Aberdeen Proving Ground State MD Country US Description Acquisition Specialist (PMRDR-19-1935-W...Read more
Acquisition SpecialistUkpeagvik Iupiat Corporation/Bowhead Family of CompaniesAPG, MD
Tracking CodeC3TTS-19-0102-W Job Code19-0102 Posting TitleAcquisition Specialist Post Date1/16/2019 Full Time / Part-TimeFull Time TravelNo Travel Required CityAPG StateMD CountryUS DescriptionAcquisition Analyst (C3TTS-19-0102-W): Bowhead seeks an...Read more
Ashland LLC Are you the kind of person that is always thinking, sketching, seeking, and adjusting? Who needs to understand how things work and then figure out how they can work better? Are you a passionate, tenacious, solver who loves to work with others...Read more
Acquisition Specialist (PMRDR-19-1935-W): Bowhead is seeking an Acquisition Specialist to support the PM Radars Contract in Aberdeen, MD. The Acquisition Specialist will assist in analyzing, organizing, planning and administering various phases of day-to...Read more
A technology company has an open position for a Remote Onboarding Specialist. Individual must be able to fulfill the following responsibilities: Help prioritize inbound leads based on fit and potential Develop support materials like tutorials, FAQs...Read more
A health insurance company is searching for a person to fill their position for a Remote Workforce Management Professional 2. Core Responsibilities of this position include: Actively leading analysis of data and overall end to end solutions that drive the...Read more
Tracking Code PMRDR-19-1937-W Job Code 19-1937 Posting Title Acquisition Specialist - Senior Post Date 1/2/2020 Full Time / Part-Time Full Time Travel Up to 25% City Aberdeen Proving Ground State MD Country US Description Acquisition Specialist- Senior...Read more