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Senior Compensation Analyst

Flowserve Corporation

This is a Full-time position in Irving, TX posted August 29, 2021.

Company Overview:If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve.

As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions.

Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety.

Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!Role Summary:The Sr.

Compensation Analyst will provide ongoing support for administration of Compensation policies and processes.

The ideal candidate will be able to work independently within a collaborative team environment, provide customer-focused solutions, have proven analytical and communication skills and be able to adapt to a frequently changing environment.Responsibilities & Requirements:Support compensation initiatives to administer global compensation programs; respond to compensation-related inquiries in a timely manner, identify potential process improvements and escalate priority issues, when applicable.Lead the Annual Review process including: developing the timeline and project plan; creating requirements for system changes to reflect new compensation strategy/policies; participating in system setup and testing; developing and delivering communications to employees, people leaders and HRBPs; developing and delivering training for HRBPs and Managers; responding to in-cycle inquiries and creating and reviewing end-of-cycle reporting.Support formal and informal recognition programs through process review, education, communication, responding to inquiries and escalations and maintaining relationships with our third-party recognition providerPrepare regular and ad hoc compensation analysis and recommendations as requested; this may include analysis for new hires, promotions, market adjustments, response to market trends, etc.Participate in the compensation benchmarking process; collect and submit data to third party compensation surveys; evaluate and perform analysis on market positioning, salary structures, and pay mixes to ensure market competitiveness to support overall compensation strategyConduct job evaluation and market pricing for new and existing jobs, with a focus on consulting with requestors to determine appropriate existing jobs that can be used and identifying when new jobs are needed.Keep up to date on compensation trends, laws and regulations; share knowledge with Compensation team members and make recommendations on any needed changes to existing policies or procedures.Participate in compensation initiatives and projects as assigned.Requirements:Bachelor’s degree or equivalent combination of education and experienceAt least 5 years’ experience in Compensation, Total Rewards, HR or other related field.Demonstrated experience partnering at multiple organizational levels and across geographiesAbility to work both independently and in team settings.Strong analytical and excel skills are required to analyze data and create models, reports and dashboardsExcellent communication skills with the ability to explain and present technical topics to all levels of employeesAbility to prioritize work and ensure deadlines are adhered to; high attention to detailPreferred Experience / Skills:Preferred Requirements:Experience with International Compensation, preferredExperience with Workday or PayFactors is idealCertifications; CCP, PHR and/or SPHRCompetencies:Self-reliant and effective problem-solver generating high quality and innovative solutions in a timely fashion.A positive attitude, an optimistic approach, and resiliency when facing obstacles or challenges are all critical for success in this role.Able to collaborate with others to solve challenging business problems.Ability to prioritize, multitask and work on multiple projects at once.Passionate about learning, motivated to continuously improve skills, and ability to adapt to new technologies and business solutions.Flexible, agile, and adaptable to changing business needs.Value the importance of being customer-centric and serving others.Strong attention to detail with a high level of personal ownershipAbility to work well with people of different cultures, generations, and experience levelsJob Advertising Title: Senior Compensation AnalystPrimary Posting Location: Irving, Texas USJob Posting Category: Human ResourcesEmployment Type: Full timeCountry: United StatesAuto req ID: 52590BRFlowserve is an equal opportunity employer and makes employment decisions without regard to race, gender, disability or protected veteran status.

Click here to learn more.

Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers Click here to learn more.If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access www.flowserve.jobs as result of your disability.

You can request a reasonable accommodation by sending an e-mail to employment@flowserve.com.

In order to quickly respond to your request, please use the words “Accommodation Request” as your subject line of your email.

For more information, read the Accessibility Process.

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