MACA - Lead Compensation Analyst-Brady Corp

COMPANY NAME:

Brady Corporation

POSITION TITLE:

Lead Compensation Analyst

LOCATION:

Milwaukee, WI

COMPENSATION:

ABOUT THE COMPANY:

Brady makes products that make the world a safer and more productive place. We are a global leader in safety, identification and compliance solutions for a diverse range of workplaces. From the depths of the ocean to outer space, from the factory floor to the delivery room - we’re just about everywhere you look. Companies around the world trust Brady because of our deep expertise and knowledge across a wide range of industries and applications - powered by our world-class manufacturing capabilities.

We have a diverse customer base in industries including electronics, telecommunications, manufacturing, electrical, construction, healthcare, aerospace and more. As of July 31, 2023, Brady employed approximately 5,600 people worldwide. Our fiscal 2023 sales were approximately $1.33 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. You can learn more about us at www.bradycorp.com.

Why work at Brady:

A career at Brady means working for a global company that has thrived for over 100 years, and whose innovative spirit drives our future growth.

Brady offers competitive pay and great benefits, supported by a culture that encourages collaboration and innovation. We strive to foster an inclusive workplace where diverse talent can learn, grow, and succeed. And with deeply rooted values, no matter where you work at Brady, you’ll feel connected to the community through our charitable contributions and opportunities to give back.

Our headquarters are in Milwaukee, Wisconsin, but we have more than 70 locations globally, giving our employees the opportunity to work with colleagues around the world.

JOB SUMMARY / DESCRIPTION:

What We Need:

The Lead Compensation Analyst at Brady will play a pivotal role within the compensation and benefits team. They will partner with leadership on program design and will spearhead the execution and administration of our global compensation and total rewards programs. This role entails managing the annual merit and bonus process in Workday, overseeing compensation structures, conducting in-depth analyses to drive strategic insights, and providing essential support to HR business partners worldwide.

This role reports directly to the Global Compensation & Benefits Director.

What You’ll Be Doing:

Take charge of all compensation activities, including job evaluations, salary recommendations, creating and enhancing compensation structures, developing controls and completing audits and identifying ways to improve upon current compensation practices.
Collaborate in the strategic development of new compensation programs and policies to align with organizational goals.
Independently administer the annual merit and bonus process in Workday, including coordination of merit budgets, ensuring accuracy of bonus payout calculations, and preparation of communications and training materials.
Utilize Payfactors to automate benchmarking and conduct pay equity analyses, ensuring proactive insights and compliance with regulations.
Stay updated on pay transparency and pay equity regulations. Collaborate with key stakeholders to raise awareness, devise roadmaps, and implement strategies for compliance.
Determine global salary survey needs, participate in surveys, and interpret results to benchmark current practices effectively.
Assist in the annual review of executive compensation levels and prepare comprehensive annual U.S. total compensation statements.
Generate and maintain turnover, compensation, and other KPI reports to inform decision-making processes.
Partner with HRIS to leverage technology for enhanced compensation process administration.

REQUIREMENTS:

Bachelor’s Degree in HR, Finance, Statistics, Information Systems, Business, or related field.
3 - 5 years of compensation or financial analysis experience, demonstrating advanced proficiency in Microsoft Excel.
Ability to independently manage multiple projects in a fast-paced environment.
Exceptional analytical skills with a proactive mindset for process improvement and problem-solving.
Mindset for continuous improvement with the ability to speak up when an opportunity is identified.
Excellent verbal and written communication skills, fostering collaboration and clarity.
Dedication to building and maintaining strong relationships to drive successful outcomes.

HOW TO APPLY:

Apply online at https://www.bradyid.com/corporate/careers

ADDITIONAL INFORMATION:

Milwaukee Area Compensation Association (MACA) is a professional organization of compensation and human resources specialists from the greater Milwaukee area. MACA provides members the opportunity to obtain and exchange information on plan design and industry trends on topics such as base pay, variable compensation, employee benefits and policy deployment.

MACA Headquarters | PO Box 833 | Germantown, WI 53022

Phone: 888-782-6815 | Fax: 888-287-4116