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Compensation Analyst Job in Bengaluru at Luminar Technolab

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Compensation Analyst

Luminar Technolab

  Full Time Job

  Not Disclosed

  3-4 years

  Posted  30+ days ago

Location
  • Bengaluru
Skills Required
  • HR Management
  • Recruiting/Talent Acquisition/ HR Reporting
  • Analytical skills
  • Problem Solving
  • Microsoft Excel
  • MS Office
  • Communication Skills
About this Job

Luminar Tech is hiring for the role of Compensation Analyst!

Responsibilities of Candidate:

  • Support the design, implementation, and maintenance of our global total rewards strategy
  • Ensure our programs are aligned with Luminar's values and mission while informed by the market
  • Model complex scenarios to ensure compliant pay practices sometimes
  • Execute Comp Unvested Equity Modeling Calculator creation
  • Review and approve offers for professional level and below for client groups
  • Perform routine and ad-hoc analysis of employee pay
  • Support job evaluation process for Director level and below
  • Maintain job profile data
  • Participate in salary surveys
  • Maintain compensation grade profiles
  • Create compensation data load files for the systems team
  • Analyze and interpret relevant market data, and develop recommendations for updates to job architecture, salary structures, and benefits offerings
  • Propose salary increase budgets on a global basis and administer all rewards lifecycle actions (job pricing, focal cycle administration, equity refresh cycle, open enrollment)
  • Maintain salary structures and geographic differentials
  • Maintain market pricing software and updated benchmark data
  • Support process improvement activity
  • Assist in the preparation of policies/procedures to ensure competitive employee compensation Maintain a thorough knowledge of labor laws, and federal and state local legislations influencing compensation and award programs
  • Ensure programs are current with regard to trends, practices, and costs
  • Support and maintain the total rewards program, including rewards HRIS configuration and partnership with external solution providers
  • Build trusting relationships with business leaders, HR colleagues, and employees to develop a deep understanding of the organization’s workforce and retention opportunities
  • Collaborate with Talent Acquisition, Immigration, and other stakeholders to achieve business goals

Requirements:

  • Minimum of three (3) years’ work experience in a compensation-focused role.
  • Ability to comprehend, interpret, and apply the appropriate sections of applicable laws, guidelines, regulations, ordinances, and policies.
  • Experience with Restricted Stock Units.
  • Previous experience using Workday Payroll.
  • Strong analytical and problem-solving skills.
  • Strong Excel proficiency or other modeling tools
  • Strong human relations, organizational / time management, and project management skills.
  • Bachelor’s degree in Human Resources, Business Administration, Finance or a related field
  • Prior global payroll experience in a company with +2,000 employees with preference given to publicly traded companies.
  • Previous business-facing HR, HR COE, HR Operations, or role-related experience
Eligible Degrees
Master of Business Administration / All Courses
Bachelor of Technology/Engineering / All Courses
Master of Technology / All Courses
Bachelor of Arts / All Courses
Bachelor of Science / All Courses

+84 More

Who can apply
Work Experience: 3-4 years
Eligible Graduation Years: 2020, 2019, 2018
Documents Required

1. Resume

2. ID Proof (e.g. Aadhar Card, PAN Card, etc.)

About Luminar Technolab
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