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Compensation Analyst

TJX

TJX

IT
Marlborough, MA, USA
Posted on Thursday, June 13, 2024

Discovery is at the core of everything we do - whether it’s a great value, incredible style, or building long-lasting partnerships with people around the world. That’s what makes TJX different. You can find it all across our brands: TJ Maxx, Marshalls, HomeGoods, Sierra, and Homesense. Every one of our brands has one thing in common: environments that are always changing. That’s just how we like it. Every day is an opportunity to discover something new about our business, our partnerships, and even about yourself. Come discover what different can mean for you.


The Opportunity: Contribute To The Growth Of Your Career.

Our Compensation Center of Expertise (CoE) leads all aspects of compensation programs and processes including salary programs, incentives and equity administration. We provide global and local support in a matrix management environment.

The Compensation Analyst supports the analytical processes in the design, administration, and delivery of a variety of complex compensation programs and projects, as well as acts as an internal consultant, to ensure competitive positioning and cost effectiveness to attract, retain, and reward Associates.

  • Collaborates with global team members and other partners (i.e., Finance, Payroll, HRIS, IT, Legal, etc.) on the execution of compensation programs, including base pay and incentives.
  • Participates in cyclical compensation administration of processes that may include salary planning, reviewing salary structures, annual merit program planning, and bonus plan administration applying the Company’s systems and tools. Generates and analyzes required documentation to support compensation programs.
  • Supports complex executive compensation programs, including gathering, organizing, and analyzing data for our proxy statement and related disclosures.
  • Provides compensation consulting support to certain internal business clients, including providing compensation recommendations for new hires, promotions, and transfers.
  • Supports ad-hoc compensation and cross-functional projects related to changing regulations and business requirements.
  • Participates in the development and implementation of compensation processes and system enhancements.
  • Performs detailed modeling and analysis to support compensation decision-making.
  • Troubleshoots issues or problems and identifies and shares solutions.
  • Participates in communicating and educating internal partners on total rewards philosophy, policy, and practice, ensuring compensation programs are administered fairly and consistently.
  • Assists in providing required data during internal and external audits.

Who We Are Looking For: You.

  • Bachelor’s Degree or equivalent
  • 1 - 3 years of experience with either compensation administration and techniques or similar analytical process experience such as in a finance or related function
  • Ability to flex and adapt to a fast pace, changing work environment
  • Strong analytical and project management skills with high attention to detail
  • Ability to work in a matrix-managed environment
  • Ability to multitask, prioritize, organize and manage time optimally
  • Ability to work independently as well as be a team player
  • Proficiency with Microsoft Office, including advanced Excel skills
  • Ability to communicate effectively with all levels

We care about our culture, but we also prioritize your needs!

  • Competitive Pay
  • Hybrid Work Environment
  • Weekly paychecks
  • Paid time away
  • Programs to support environment and corporate responsibility
  • TAAP – TJX Associate Assistance Programs
  • Associate Discount
  • Career Development Opportunity
  • Be a part of an inclusive team

Benefit programs and eligibility terms vary across our global locations. We encourage you to apply to learn more about how our benefits can make a difference for you.

This position has a starting salary range of $66,500 to $83,100 per year.

Actual starting pay is determined by a number of factors, including relevant skills, qualifications, and experience.

Discover Different at TJX means opportunity, teamwork, and career growth. That’s why working here is so much more than a job. When you’re a part of our TJX family, you have the full support of a diverse, close-knit group of people that work together to deliver the best value and style in the business. Our inventory is always changing and our approach is continually evolving, which means every day is another chance to Discover Different.

We consider all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status. We also provide reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.

Posting Notes: 300 Value Way Marlborough MA 01752