SummaryThe Compensation Analyst 1 provides essential analytical support to the compensation team at Nordstrom. This role involves administrative support of pay structures, incentive programs, and annual compensation review, along with market research, report creation, and data integrity. The analyst will also engage in client-facing project work in collaboration with Compensation Consultants.
Responsibilities- Administer incentive programs for annual bonus, quarterly bonus, commissions, and productivity incentives.
- Maintain job and compensation-related data, including job governance materials and location details.
- Execute pay structure and individual pay changes related to minimum wage and salary increases.
- Support market analysis and assist with annual survey participation.
- Create and update client-facing compensation tools and user instructions.
- Produce and distribute compensation-related reporting and audits.
- Partner with Compensation Consultants for client-based project work.
- Support annual compensation review process in Workday.
- Research and resolve employee portal cases from HR Service Center.
- Create and maintain process documentation and workflows.
Requirements- 2+ years of experience in compensation, accounting, finance, or similar analytic roles.
- Basic knowledge of technical and legal aspects of compensation.
- Intermediate to advanced knowledge of Excel, including advanced formulas, pivot tables, and macros.
- Ability to share data analysis and conclusions clearly.
- Organized approach to managing multiple priorities.
- Ability to collaborate within and across teams.
- Proficient in Microsoft Word, Outlook, and PowerPoint.
- Experience with Workday is a plus.
- Bachelor's Degree in HR, Finance, Business Administration, or related field preferred.
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