Support Center - Irving

Under the direction of the Manager – Compensation the Compensation Analyst will be responsible for analyzing, maintaining, and processing compensation program elements in support of company initiatives and organizational needs. The Analyst will be accountable for competitive analysis, supporting fair pay practices, program administration and support of properly communicated compensation programs. This roll will assist in various elements of plan design to ensure external competitiveness and internal equity as we partner to attract, engage, and retain outstanding talent.

Major Activities

Conduct job analysis, evaluation, salary administration and FLSA assessments to determine appropriate salary grades, ranges, and pricing based on internal and external equity.Participate in the annual salary structure review process. Ensures salary structures remain competitive and aligned to market.Consult with HR Business Partners on moderately complex compensation issues using knowledge of Compensation, Human Resources, and internal policies.Complete survey submissions for annual and ad hoc market surveys and utilize results for salary planning, salary structures and job evaluations.Assist in the maintenance of compensation-related data including job profiles, salary structures, incentive plans, reporting and validation in Workday and other internal systems of record.Partner and provide Compensation guidance, interpretation, and recommendations to HR Business Partners.Generate ad-hoc reports, as requested, including range position, minimum wage, exemption change reports, or other compensation-related analysis.Perform weekly Compensation audits to ensure compliance with ranges and minimum wage rates.Assist with variable pay programs such as, but not limited to, Bonus, Merit and Sales Commission plans.

Minimum Education

BS, BA or graduate degree in business or a related degree or equivalent work experience. 

Minimum Special Certifications or Technical Skills

Proficient in Excel

Minimum Type of Experience the Job Requires

2 years’ experience in HR, with working knowledge of a wide range of HR practices, preferably in Compensation or an analytical environment

Other

A high degree of accuracy, confidentiality and timeliness is required for the completion of assigned projects.Ability to work independently and assume responsibilityIdeal candidate is an analytical-minded self-starter who is eager to dive right in and make an immediate impact on the Global Total Rewards and Compensation team.Demonstrated experience with year-end Rewards processes and executing on annual merit, bonus, and other planning cycles

Preferred Special Certifications or Technical Skills

Certified Compensation Professional (CCP)Working knowledge of WorkdayPayfactors experience

Preferred Type of Experience the Job Requires

Previous retail experience is a plus

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

To review a comprehensive list of benefits, please visit Michaels Benefits (MIKBenefits.com)

CO, CT, WA and RI only - To review pay ranges for the position you are applying for, please visit Michaels Pay Ranges - CO, CT, WA and RI. (MIKBenefits.com)

For 50 years, Michaels has been the best place for all things creative. We strive to inspire our customers, cultivate confident leaders, and serve our communities by fostering an inclusive environment for everyone to learn, shop, and create. At Michaels, everyone has a seat at our craft table and every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is committed to delivering on our purpose to fuel the joy of creativity. As the leading creative destination in North America, we operate over 1,290 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels, a dedicated handmade goods marketplace.

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.

Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).

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