Sr. Compensation Analyst

Position: Sr. Compensation Analyst - The Toro Company
## Sr. Compensation Analyst - The Toro Company Sr. Compensation Analyst at TTC:

Analyzes, designs and administers compensation programs such as base pay, long and short-term incentives, spots bonuses and commissions that align with company objectives. Designs and communicates pay structures, job profile grades, compensation budgets and guidelines. Provides thought leadership and strategic advice to create solutions that align compensation policies with business needs to support the attraction and retention of employees. Conducts research and analysis on market competitiveness, compensation trends and regulatory  order to grow and build a successful career with The Toro Company, you will be responsible for the following duties:
* Partner closely with Human Resources Business Partners and key stakeholders to consult on global compensation needs and initiatives.
* Lead and support the development, execution, communication and implementation of compensation programs (i.e. base pay, incentive plans, sales compensation, equity) and policies.
* Perform job evaluations using internal and external data to assign appropriate job grade.
* Conduct in-depth analysis on job families in partnership with HR and business leaders.
* Provide high-level strategic insights on complex and challenging compensation situations.
* Lead annual compensation processes to include merit planning, budget development, salary surveys, market analysis and incentive plan administration.
* Ensure compensation programs and policies comply with regulatory and legal requirements.
* Provide executive compensation support.
* Lead, drive, and support compensation-related projects from inception through execution.
* Operate independently in high-responsibility tasks, occasionally serve in a team lead capacity.

To be considered for this role, an individual should meet the following minimal requirements:

Preferred qualifications:

* Certified Compensation Professional (CCP) designation preferred
* Previous experience working with Workday, Comp Analyst and AON preferred
* Design and administration of incentive and sales plans preferred
* Equity plan administration experience preferred
* Bachelor’s degree in relevant field (HR, Business, Finance or related field)
* 7+ years of broad compensation experience required with a strong track record in designing and implementing compensation strategies
* Excellent communication skills, both verbal and written, with strong analytical and quantitative abilities
* Expertise in compensation theory, program design and understanding of regulatory requirements
* Highly organized and adaptable with a demonstrated ability to lead
* Demonstrated critical thinking, listening and problem-solving ability; understands broader implications of decisions

At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits
-The Toro company offers employees at our Bloomington, MN HQ location a variety of perks, including:
* Location* – Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters! – The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the annual pay range is between Cash compensation is one piece of our competitive total rewards package.

If you need to, you can access your pay early with the dailypay app.
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