Job Description
We are seeking a detail-oriented and analytical Compensation Analyst 2 to join our Compensation Analysis Center of Excellence (COE). This role plays a vital part in ensuring accurate, competitive, and equitable pay for our largest employee population. As a key member of our High-Volume Pod, you will collaborate closely with Compensation Consultants to support compensation strategies across our Stores, Supply Chain, Operations, and Restaurant teams. Your work will directly impact the compensation experience of our frontline employees—the individuals who deliver exceptional service to our customers every day.
A day in the life…
Partner with Compensation Consultants to perform client-based project work
Partner with Compensation Consultants to conduct job analysis and to articulate recommendations and rationale for new and existing jobs
Support market analysis by working with Compensation Consultants to match jobs, assisting with annual survey participation and summarizing survey results for review by HR leaders
Execute pay structure and individual pay changes related to minimum wage and minimum salary increases
Administer incentive programs for annual bonus, quarterly bonus, commissions, and productivity incentives
Maintain job and compensation-related data by creating job governance materials, submitting requests to create or modify jobs, maintaining location details, minimum wage and minimum salary requirements by location
Create and update client-facing compensation tools and user instructions
Produce and distribute compensation-related reporting and audits
Support annual compensation review process in Workday by participating in planning, completing audits and creating reports
Create and maintain process documentation and workflows, streamlining processes where possible
Maintain and publish plan documents for compensation programs
You own this if you have…
3+ years of experience in compensation, accounting, finance or similar analytic roles
1+ years of compensation experience required
Advanced knowledge of Excel – able to create advanced formulas, pivot tables and macros
Ability to share data analysis and conclusions in a way that is easily understood
Organized approach to tracking and delivering on multiple concurrent priorities
Ability to work independently and collaborate within the team and across functional teams
Basic knowledge of technical and legal aspects of compensation including variable and incentive compensation
Ability to deliver accurate and complete work in a timely manner
Ability to handle sensitive and confidential information professionally and respectfully
Proficient in Microsoft Word, Outlook and PowerPoint
Experience with Workday a plus
Bachelors Degree in HR, Finance, Business Administration or related field preferred
Location:
This is a hybrid role requiring the selected candidate to work onsite three (3) days per week and be located within a commutable distance of the Nordstrom corporate offices in Seattle, WA
We’ve got you covered…
Our employees are our most important asset and that’s reflected in our benefits. Nordstrom is proud to offer a variety of benefits to support employees and their families, including:
- Medical/Vision, Dental, Retirement and Paid Time Away
- Life Insurance and Disability
- Merchandise Discount and EAP Resources
A few more important points...
The job posting highlights the most critical responsibilities and requirements of the job. It’s not all-inclusive. There may be additional duties, responsibilities and qualifications for this job.
Nordstrom conducts background checks and considers qualified applicants with criminal histories in a manner consistent with all legal requirements.
Applicants with disabilities who require assistance or accommodation should contact the nearest Nordstrom location, which can be identified at www.nordstrom.com.
Please be mindful that there may be legal notices and requirements related to this job posting that are specific to your state. Review the Career Site FAQ’s for relevant information and guidelines.
© 2022 Nordstrom, Inc
Current Nordstrom employees: To apply, log into Workday, click the Careers button and then click Find Jobs.
Pay Range Details
The pay range(s) below has been provided in compliance with state specific laws. Pay ranges may be different for other locations.
Pay offers are dependent on the location, as well as job-related knowledge, skills, and experience.