Associate Compensation Analyst

Posted 9 Days Ago
Be an Early Applicant
Monroe, MI
Entry level
Retail
The Role
This role analyzes and enhances compensation programs, supports commission processing, and collaborates with HR and Payroll on retail compensation data.
Summary Generated by Built In

Comfort starts with our 10,000+ team members across the globe, who are transforming the power of comfort every day. Our employees have the power to change lives, in our homes, work and communities. We foster an inclusive environment while honoring a legacy built on family, where everyone can be themselves.
 
If you are ready to join an industry leading organization where our people are the most important asset, and innovation propels us into the future, you’re ready to take your seat at La-Z-Boy Incorporated. 
 
WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORT

Job Summary:

This role supports the Total Rewards and Retail teams by processing commission and analyzing and enhancing various compensation programs for the retail division. Primary responsibilities include the preparation and submission of retail commission pay. Outside of payroll schedule, the role will focus on conducting data analysis for recommendations on improvements to retail compensation structures and reporting.

Job Description:

KEY RESPONSIBILITIES (other duties as assigned):

  • Collaboration with HRBPs and Payroll: Partner closely with Retail HR Business Partners (HRBPs) and the Payroll team to analyze current practices for gathering, validating, and calculating essential data for various retail commission and bonus programs that are not processed by Kronos.
  • Data Analysis for Insights: Conduct thorough data analysis on existing pay structures and employee compensation data to provide actionable recommendations for enhancing retail compensation frameworks, administration processes, and reporting mechanisms.
  • Discrepancy Resolution: Proactively troubleshoot and address discrepancies in compensation data in collaboration with the Compensation team, Payroll, and Retail HRBPs to ensure accurate commission payouts.
  • Commission Reporting: Generate and review monthly commission reports for the Total Rewards team and Retail Leadership, including the creation of process documentation, audit reports, and other ad hoc reporting requests.
  • Compensation Support: Field retail compensation inquiries from the HR Shared Services team, ensuring timely and accurate resolution of questions in alignment with pay plans and the company’s compensation philosophy.
  • System Improvements: Contribute to ongoing and future implementations and enhancements of POS retail reporting systems and Workday configurations that impact retail store positions, ensuring they meet compensation accuracy and reporting needs.
  • Ad Hoc Support for HRBP Team: Assist senior Compensation team members and Retail HRBPs with special requests, including managing retail monthly contests, resolving timecard administration issues affecting commission calculations, and facilitating retail annual survey participation.
  • Special Projects: Undertake special assignments as directed and provide comprehensive support for additional compensation-related processes as necessary.

SCOPE & IMPACT:   

As a key member of the Compensation Team, the candidate will prioritize tasks related to commission pay administration and data analysis to enhance retail pay practices for over 700 employees. This role has a direct impact on employee compensation and requires confidentiality and attention to detail. Additionally, as Workday evolves, the candidate will have the opportunity to influence future commission practices for the company.

MINIMUM REQUIREMENTS:  

  • Bachelor’s degree in Human Resources, Finance, Business or related field with 0-2 years of relevant retail experience or equivalent
  • Highly proficient in Excel
  • High attention to detail
  • Curiosity to understand the story behind numbers
  • Ability to maintain confidential data and meet strict deadlines
  • Familiarity with labor laws: FLSA, FMLA, ADA, Pay Transparency etc.
  • Up to 5% travel

PREFERRED REQUIREMENTS: 

  • Experience using HR systems – Kronos, Workday, Peoplesoft
  • Experience and knowledge with sales commission

SUPERVISORY RESPONSIBILITIES: None

PHYSICAL DEMANDS/WORK ENVIRONMENT:

Office environment/no specific or unusual physical or environmental demands.

OTHER DUTIES:  Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the incumbent for this job.  Duties, responsibilities and activities may change at any time with or without notice.

Weekly Hours:

40

Work Shift:

At La-Z-Boy Incorporated, we're an equal opportunity employer. We understand that our employees’ diverse backgrounds, experiences, perspectives, and viewpoints add value to our ability to create and deliver the best possible service, quality products, and is of upmost importance as we work together to build comfort. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.We are committed to fostering an environment in which all employees feel valued, included, and empowered to do their best work and bring great ideas to the table. If you are a qualified individual that may need a change or adjustment to the application/interviewing/hiring process as a result of your disability, you may request a reasonable accommodations by emailing our recruiting team at [email protected] or by calling 734-242-1444.

Top Skills

Excel
Kronos
Peoplesoft
Workday
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The Company
HQ: Monroe, MI
2,888 Employees
On-site Workplace

What We Do

La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world—a mission that began when our founders invented the iconic recliner in 1927. Today, we operate as a vertically integrated furniture manufacturer and retailer, committed to uncompromising quality and compassion for our consumers.

Our Retail segment consists of 184 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of over 350 La-Z-Boy Furniture Galleries®, serving customers nationwide when coupled with La-Z-Boy.com. Joybird®, an ecommerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. In our Wholesale segment, we manufacture comfortable, custom furniture for our Furniture Galleries® and a variety of retail channels: England Furniture Co., which offers custom upholstered furniture, and casegoods brands Kincaid®, American Drew®, and Hammary®, which provide pieces that make every room feel like home.

The La-Z-Boy Incorporated state-of-the-art, LEED-certified world headquarters is located in Monroe, Michigan. This location along with our Innovation Center in Dayton, Tennessee, and all our North American manufacturing locations all represent our commitment to the environment—we integrate sustainable business practices to reduce the impact of our operations.

Being a great employer isn’t limited to our sustainability or record-breaking safety performance; it also means being a good corporate citizen. In FY 2023, La-Z-Boy Incorporated and the La-Z-Boy Foundation granted more than $3 million to non-profit organizations through monetary and in-kind donations. Our signature partnership with Ronald McDonald House Charities® (RMHC®) helps give families a comfortable home away from home while their children receive much-needed medical care, as we’ve donated more than 15,000 pieces of furniture to RMHC® homes.

Join our team to impact the world through comfort.

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