Compensation Analyst

Milo's Tea Company

  • Milo, WA
  • Permanent
  • Full-time
  • 20 days ago
Overview:COMPANY OVERVIEWMilo’s Tea Company is one of the fastest growing beverage companies in the US. Our culture and operations are built on the belief that we can make a difference in the world. That’s why we put People First and strive to continually reduce our environmental impact on the planet. We leverage our world class operations and decades-long distribution partnerships to grow the footprint of our core products and create new, innovative beverage products.
  • We are the #1 and fastest growing brand in the Refrigerated Tea Category in the nation.
  • Our core mission is that we put people and the planet first and by doing this, it will be good for our business.
  • We are committed to unlocking the personal genius of every associate and have a strong focus on growth and learning.
  • Our Company is women-led and strongly committed to Diversity, Inclusion, and Belonging.
  • We are committed to annual charitable giving by delivering upon our 1% profit pledge.
  • We are Platinum Certified in Zero Waste Manufacturing; recycling, reducing, and reusing 95% of waste at our facilities
By being a part of the Milo’s TEAm, you’ll get to collaborate with a group of passionate and high-performing people, where everyone feels empowered to do their best work and feels good about the work they’re doing.And as a "People First" company, Milo’s is committed to the success and well-being of our associates, customers, and fans, no matter their gender, race, or creed. Some of the great things offered that reflect our commitment include:And as a "People First" company, Milo’s is committed to the success and well-being of our associates, customers, and fans, no matter their gender, race, or creed. Some of the great things offered that reflect our commitment include:
  • Competitive salary with bonus opportunities for various roles
  • 100% paid medical insurance for our associates and their families
  • Free Mental Health, Financial Wellness, and Legal Counseling benefits
  • 401K with a company match
  • Company-paid Life Insurance
  • Robust Wellness Program
  • Tuition reimbursement assistance
  • Continuous learning opportunities through various platforms and resources
  • Paid parental leave benefit
  • Care Relief Fund to help Associates in need
  • Associate Assistance Program
  • Paid volunteer time
Position Summary:We are seeking a detail-oriented Compensation Analyst with a strong background in data analytics to join our TEAm. The ideal candidate will be responsible for developing, implementing, and managing our compensation strategy to ensure competitive and fair compensation practices. This role involves conducting market reviews, analyzing grade structures, and positioning within the market to attract and retain top talent.Responsibilities:
  • Compensation Strategy Development:
Assist in development and implementation of the organization’s compensation strategy.Ensure alignment with business objectives and compliance with federal and state laws. * Market Reviews and Analysis:Conduct market surveys to analyze compensation practices against competitors.Benchmark jobs against market data to determine competitive compensation levels.Prepare and present reports on job and compensation analysis.
  • Grade Structure and Positioning:
Evaluate job duties and responsibilities to determine appropriate compensation levels.Develop and maintain job classifications and salary scales.Analyze and recommend adjustments to grade structures to ensure internal equity and market competitiveness. * Data Analytics:Utilize data analytics to interpret compensation data and identify trends.Provide data-driven recommendations for compensation adjustments and policy changes.Collaborate with People and Finance departments to understand the impact of compensation decisions and ensure alignment to the annual Plan or applicable forecast. * Compensation Program Analysis:Analyze, verify, track, and report on compensation programs, including job evaluation and analysis for assigned functional areas.Evaluate jobs by reviewing job descriptions and analyzing best practices and benchmark data both internally and externally.Continually review the organization’s comparative position relative to market data and determine appropriate salary grades and job attributes.Model compensation alternatives and cost out changes; make appropriate recommendations.Coordinate with People Systems TEAm to create report templates that meet compensation reporting needs. * Compliance and Policy Management:Ensure compensation practices comply with federal and state regulations, including FLSA.Review and revise compensation policies and procedures as necessary.Stay updated on industry trends and best practices in compensation management. * Stakeholder Collaboration:Work closely with People, Finance, and management teams to develop and implement compensation programs.Leading the annual merit processes and training for the business in partnership with the People TEAm.Participate in special projects as needed.Present compensation recommendations to management and justify suggestions with data. * Salary Surveys and Reporting:Complete timely and accurate salary surveys and analyze results as necessary.Operate under general guidance with varied work assignments requiring interpretation and independent decisions on the course of action.Perform related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act.Upholds and demonstrates leadership in all Corporate Responsibility programming including recycling, social advocacy, and MMAD volunteering opportunities.This position has food Safety Responsibilities.Other responsibilities, as necessary.Supervisory:This position does not have supervisory responsibilities.Qualifications:Bachelor's Degree in Human Resources, Business Administration, Finance or related field4-7 years of compensation experienceRelevant certifications are a plusWorkday experience preferredQuantitative & Qualitative Research MethodsKnowledge of applicable laws, regulations and best practicesGrade Structure & PositioningCompensation Modeling & Proficiency in Data AnalysisCritical Competencies:☒ Building Relationships☒ Coachable/Open to Feedback☒ Process Driven☒ Teamwork☒ Critically Evaluates☒ Action-Oriented

Milo's Tea Company