Job Details

Senior Analyst, Compensation & Benefits

Location: BANGALORE, KARNATAKA

Date Opened: 08/30/2019

Job Type:

Job Number: 1900062T

Job Description

Who We Are:

HBC is a diversified global retailer focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. HBC's portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 480 stores and over 40,000 employees around the world.

 

HBC's leading banners across North America and Europe include Hudson's Bay, Lord + Taylor, Saks Fifth Avenue, Saks OFF 5TH.

 

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

 

The HBC India corporate teams focus on Finance & Accounting, Technology, Merchandising, and Shared Service operations.  HBC's entrance into this market has expanded the company's global footprint and further established HBC as a truly global retailer.

 

The teams in the India office play an integral role in supporting HBC's strategic plan. Bengaluru's workforce has deep experience in a variety of areas, including finance and accounting, technology, as well as other shared services and will support HBC's operations on an ongoing basis.  

 

You can learn more and view available positions in Bengaluru, by visiting http://www.hbcindiacareers.com/.

 

What This Position Is All About:

Reporting to the Senior Compensation Program Manager, with the Global HR Compensation Team, the position involves working as part of a dynamic, creative, service-obsessed, and hardworking team. The Compensation Analyst will play an integral role in supporting the Global Compensation Team on compensation related activities, as well as the implementation and administration of corporate and business specific compensation programs. This includes, but is not limited to, compensation modeling, survey submission, market research and analysis, base pay review, and the administration of merit programs & short-term incentive plans.

 
Who You Are:
  • Self-motivated with a proactive approach to problem solving and utilizing limited resources to maximum capacity
  • Ability to operate with limited supervision, work independently and in a team environment
  • Professional individual with a strong work ethic and a sense of urgency
  • Ability to work well under pressure and multi-task
  • Positive, high?energy, customer-service obsessed attitude
  • Eagerness to take on new projects, learn new skills, gain knowledge and build experience
  • Strong interpersonal skills - ability to draw business requirements from users and translate to process and system solutions
You also have:
  • Has 4-6 years directly related work experience preferably in a similarly sized organization with operations in North America
  • Exceptional analytical, mathematical and problem solving skills, especially in situations with incomplete or missing information
  • Strong PC skills including a high proficiency in Microsoft Excel and Access ? Formulas, Links and
  • Macro writing
  • Strong attention to detail with strong follow-through skills
  • Good verbal, written and analytical communication skills to enable work with all levels of the organization
  • Working knowledge of HRIS systems
  • Sound knowledge of Human Resource activities and procedures is preferred
  • Self-starter, highly organized and able to produce high quality work under pressure
  • Able to work in strict confidence
 

As the Compensation Sr. Analyst, you will:

  • Assists in analyzing market data to identify trends and market movement.
  • Completes annual salary survey submissions, conduct custom surveys and prevailing wage reports as needed.
  • Compiles data and provides modeling for Collective Bargaining and Compensation Planning activities
  • Assist Compensation Managers with various compensation modeling including wage costing proposals, commission program modeling, incentive plan costing
  • Researches legislative changes and keeps the team up-to-date on upcoming state and provincial changes
  • Facilitate annual salary review and annual incentive plan processes for assigned businesses
  • Identify and recommend process improvements and efficiencies
  • Participating in special projects as required

How Often You May Travel:

  • As per business requirement

Your Life and Career at HBC:

  • Be part of a world-class team; work with an adventurous spirit; think and act like an owner-operator!
  • Exposure to rewarding career advancement opportunities, from IT to Human Resources, Merchandising to Finance.
  • A culture that promotes a healthy, fulfilling work/life balance
Education Qualifications:
  • Graduation mandatory

Job Qualifications

Thank you for your interest with HBC. We look forward to reviewing your application.

 

HBC provides equal employment opportunities (EEO) to all employees and applicants for employment.