What are the responsibilities and job description for the Senior Compensation and Operations Analyst position at Treace?
Company Description
Treace’s mission is to be the leader in the surgical treatment of bunions by establishing the Lapiplasty® System as the standard of care. We are committed to operating our business with the highest standards of ethical conduct. We intend to exceed our customers’ expectations through an innovation-driven, high-velocity approach to solving treatment and surgical problems. With our products and services, our mission is to assist foot and ankle surgeons in improving patient outcomes and reducing healthcare costs, while providing rewarding experiences and opportunities for our employees and stakeholders.
Job Description
The Senior Compensation & Operations Analyst plays a vital role in managing and supporting the company’s compensation programs to ensure competitive and compliant practices while driving continuous improvement. Reporting to the CHRO and working closely with HR team members and business leaders, this position is responsible for developing and administering compensation programs, as well as overseeing operations related to data administration, compliance, and reporting to drive organizational success.
What you will be responsible for:
Compensation Program Development - Utilize best practices and innovative strategies to develop competitive compensation programs that align with company goals and objectives.
Compensation Administration - Oversee efficient and effective processes for survey participation, job evaluations, salary structure development, and incentive plan design. Conduct market competitive analyses and salary surveys to ensure competitive pay structures, job evaluations, and updates to job descriptions.
Market Insights & Stakeholder Collaboration - Stay current on compensation labor market trends to guide decision-making. Collaborate with HR Business Partners and organizational leaders to provide expert advice on pay decisions and market competitiveness for jobs.
Annual Compensation Practices - Lead and execute key annual compensation processes, including merit increases, incentive/bonus administration, equity awards (e.g., RSUs), and external benchmark survey participation.
Compliance - Administer compliance-related documentation and reporting, including Affirmative Action Plans (AAP), Veterans Employment (VETS), California Pay Data, EEO-1, and SOX audits. Ensure adherence to legal/regulatory requirements and maintain segregation of duties where necessary.
Compensation Documentation - Develop and maintain essential compensation-related documentation, such as change forms and offer letters. Ensure proper tracking and filing of documents.
Qualifications
Skills and Qualifications:
- Bachelor’s degree in Human Resources, Business Administration, Finance, or related field required.
- Minimum of 5 years in HR or related field; 3 years of experience in Compensation or equivalent.
- Experience with ADP (WFN) HRIS helpful.
- CCP, SHRM-CP, PHR, or equivalent certifications desirable.
- Extensive knowledge and experience with compensation program design and administration.
- Strong analytical and problem-solving skills to assess labor market trends and conduct job evaluations.
- Deep understanding of regulatory compliance requirements related to compensation (e.g., AAP, EEO-1, SOX).
- Proficiency in data administration, reporting, and compensation processes.
Additional Information
All your information will be kept confidential according to EEO guidelines.
Treace's Privacy Policy
It is Treace’s policy not to discriminate against any applicant for employment, or any employee because of age, color, sex, disability, national origin, race, religion, veteran status or any other characteristic protected by applicable law. EEO/Disabled/Veterans Employer
Treace is a drug free employer.