Overview

Job Location:
Irving-Irving Corporate Office-3939 West John Carpenter Freeway

Support Center – Irving

We’re here for the Makers! Come be a part of the team where innovation and teamwork come together to support the most exciting missions in the world!

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

To review a comprehensive list of benefits, please visit Michaels Benefits

CO, CT and NYC only -To review pay ranges for the position you are applying for, please visit Michaels Pay Ranges – CO, CT, Ithaca and NYC only

Under the direction of the Manager – Compensation the Total Rewards Analyst will be responsible for analyzing, maintaining, and processing compensation program elements, benefits, and retirement programs 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, benefits, and retirement programs. This role 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 the 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 analyses.
  • 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.
  • Coordinate and administer 401(k), GRRSP/DPSP, and non-qualified Deferred Compensation programs
  • Ensures vendor support systems and integrations are operating properly mitigating compliance and service issues
  • Responds to and resolves Team Member concerns regarding retirement and non-qualified plans
  • Ensures data integrity relating to retirement plans including accuracy of vendor files and payroll deductions, collection of contributions and premiums, and integration between systems both internal and external through establishing, coordinating, and conducting ongoing audits
  • Provide support for benefits invoice billing and projects such as open enrollment and Workday testing
  • Other duties as assigned

Minimum Education

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

Minimum Experience

  • Proficient in Excel
  • 2+ years experience in HR, with working knowledge of a wide range of HR practices in an analytical environment
  • A high degree of accuracy, confidentiality, and timeliness is required for the completion of assigned projects.
  • Ability to work independently and assume responsibility
  • Ideal 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 Workday
  • Payfactors experience

Preferred Type of Experience the Job Requires

  • Previous retail experience is a plus
  • Knowledge of ERISA, DOL, 401(k), Form 5500, and other laws and legislative requirements

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