Incentive Compensation Jobs in Virginia (NOW HIRING)

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Have a seat at our table. When you join Smithfield, you become part of something special - a company that's sustainably feeding people around the world, producing good food the right way with respect for our people, animals, communities and planet. With opportunities across locations and functions, a culture grounded in our Core Four values - gratitude, communication, respect and accountability - and a strong commitment to learning, collaboration, and innovation, Smithfield offers challenging and rewarding careers where you can grow, contribute and make a real impact. Apply Now!

THE VALUE YOU'LL BRING:

The position summary states the general nature and purpose of the job. Overall accountabilities are defined in this section.

Join Us as a Compensation Analyst!

At Smithfield Foods, you will be at the heart of our dynamic compensation programs, ensuring fair and competitive compensation practices. You will dive into the world of compensation administration, managing position descriptions, evaluations, FLSA testing, salary administration, and conducting in-depth compensation analyses. Your role will keep our compensation requirements precise and compliant.

You will also be instrumental in implementing innovative compensation programs that translate our strategic goals into real-world success. Your insights and dedication will drive Smithfield Foods forward, making a tangible impact on our journey towards excellence.

WHAT YOU'LL DO:

The below statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.

• Dynamic Data Management

  • Complete and maintain salary survey data by compiling, organizing, and submitting data on a timely basis, ensuring up-to-date market information for management's annual reviews and frequent job pricing.

  • Evaluate the organization's jobs, document responsibilities and requirements in job descriptions, and respond to inquiries about compensation, market competitiveness, job leveling, and job description maintenance and development.

  • Execute core processes, support the annual merit increase process, and partner with HRIS and Payroll departments to ensure smooth, efficient, and error-free operations.

• Strategic Compensation Solutions

  • Maintain and enhance a comprehensive database for accessing compensation information and associated job descriptions.

  • Assist with KPI tracking, calculations, and forecasting of all incentive plans, including annual incentives and sales incentive compensation.

  • Prepare compensation-based communication materials, supporting and partnering with key stakeholders to drive the completion of compensation projects.

• Special Projects and Continuous Improvement

  • Develop and maintain internal compensation databases, processes, and procedures, ensuring continuous improvement and efficiency.

  • Tackle special projects as needed, including acquisition integration, organization restructuring, system installation, report analysis, and more.

  • Seek internal and external information to provide strategic solutions to complex compensation issues, and partner with finance for compensation audits and accruals, using analytics to monitor the effectiveness of compensation plans, programs, and policies.

WHAT WE'RE SEEKING:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals to perform the essential functions.

• Bachelor's Degree from an accredited four-year college or university and 2+ years relevant experience, or equivalent combination of education and experience; required.

• Bachelor's degree preferred.

• Knowledge of, and experience with, compensation principles and concepts, compensation analysis and consulting, including market pricing, compensation plan/structure design, job evaluation and grading, and FLSA review.

• Excellent analytical and technical skills including expertise in Excel, Word, PowerPoint and HRIS.

OTHER SKILLS THAT MAKE YOU STAND OUT:

• Demonstrated maturity in dealing with all levels of employees and the ability to maintain confidentiality of all employee information.

• Strong planning, problem-solving, project management, organizational, and communication skills; able to multi-task.

• Current PHR, SHRM-CP or CCP certification (or willingness to obtain) is a plus.

• Ability to develop positive working relationships with both internal and external vendors and customers.

• Ability to work well with others in fast paced, dynamic environment.

• Ability to be respectful, approachable and team oriented while building strong working relationships and a positive work environment.

Smithfield Foods provides pay ranges that reflect its good faith estimate of thesalary or hourly wagethe company reasonably expects to pay for a positionat the time of hire. Individual compensation will be determined based on several factors, including but not limited to, the scope and responsibilities of the role, location of the position, the candidate's qualifications and experience, internal equity, external market pay for comparable positions and budget considerations. At Smithfield Foods, base pay represents only one aspect of the comprehensive total rewards package. Learn more about our benefits package here.

EEO Information

Smithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law.

If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.