Compensation Analyst - 32038

Guidant Corporation researches, manufactures and markets systems for cardiac rhythm management, vascular intervention and cardiac/vascular surgery worldwide. Our mission is to provide innovative, therapeutic medical solutions of distinctive value for our customers, patients and health care systems around the world. In our industry, we have always been known for leadership and innovation, and for an organizational structure that allows employees freedom to grow.

 

Compensation Analyst

Minneapolis/St. Paul, MN

GSC/I-MB/32038

 

Participates in the planning, development and implementation of employee compensation programs. Analyzes and evaluates market benchmark information to provide competitive direct compensation and incentive pay systems for employees, including salary surveys, job structures, and merit budget development. Audits compensation programs for effectiveness.

 

Prepares, finalizes and audits job descriptions by reviewing job responsibilities, activities, duties and requirements.

Determines salary grade assignment and exemption classification using the job evaluation process (e.g., job analysis, documentation and market data analysis).

Participate in third-party benchmark salary and pay practice surveys by compiling and submitting company data to obtain current market data.

Collects and analyzes competitive salary information by using compensation surveys.

Reviews proposed salary adjustments by gathering, assessing, and analyzing the data for conformance to established guidelines, policies, and practices.

Solves problems by analyzing the situation and recommending corrective or alternative actions.

Develops and revises company salary structures and merit program by analyzing market survey data (e.g., salaries and pay practices) and formulating detailed recommendations for changes.

Develops salary administration practices by researching survey data and recommending applicable policy changes.

Conducts special studies on subjects such as incentive compensation, bonus plans, stock options, etc. by researching and analyzing options for implementation.

 

Position Qualifications Bachelor's degree plus 6+ years of related work experience with a strong understanding of specified functional area, or an equivalent combination of education and work experience. Advanced degree preferred.

Additional Information -Familiarity in working with and developing complex databases such as MS Access/MS Excel. -Previous Compensation experience helpful. Experience in understanding Guidant compensation philosophy a plus. Strong communication skills critical. Ability to analyze sales performance and compensation trends and directly report findings to Senior Management and Sales Management. Proven ability in project management to prioritize several high level projects. -People Soft experience preferred,Excellent Excel and PowerPoint skills. Position located in St. Paul.

Posting ID 19560BR

 

Guidant offers a company environment of market leadership, product innovation and personal growth, plus excellent benefits, including medical, dental, vision and life insurance, short and long-term disability, paid vacations and holidays, 401(k), retirement ESOP, annual bonus, paid year-end shut down, and tuition reimbursement.

 

For further details about this position and to apply, please visit: https://sjobs.brassring.com/1033/ASP/TG/cim_jobdetail.asp?partnerid=95&siteid=5184&AReq=19560BR&Codes=I-MB

 

Guidant is an Equal Opportunity Employer and maintains an Affirmative Action Program.