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Senior Global Compensation Analyst
#5661
Portsmouth, New Hampshire, United States
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Job Description
About Albany International
Albany International Corporation is a global advanced textiles and materials processing company. The company has two core businesses: Albany Machine Clothing is the world's leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries, and Albany Engineered Composites is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. We are committed to creating a positive and engaging work environment where our employees can thrive and grow. Join us and be a part of a dynamic team that values innovation, collaboration, and excellence.
Role Overview
The Senior Global Compensation Analyst plays a pivotal role in designing, implementing, and maintaining compensation programs for Albany with an international footprint. This role ensures that the company's compensation strategies are competitive, equitable, and compliant with regulatory standards in all the regions where the company operates. The Senior Global Compensation Analyst works closely with HR, finance, and business leaders to support talent strategies and organizational goals. They will manage and analyze compensation data across multiple geographies, assess market trends, and help develop global compensation structures that attract, motivate, and retain top talent. By leveraging analytical expertise and a deep understanding of international labor markets, this role ensures the organization's pay practices are both competitive, compliant and aligned with business objectives.
Key Responsibilities
- Market Analysis and Benchmarking: Conduct comprehensive compensation surveys and market pricing analyses for jobs in various global locations. Assess market competitiveness by benchmarking against peer organizations and industry standards.
- Data Management: Collect, maintain, and analyze internal and external compensation data. Ensure the integrity and accuracy of compensation databases and tools.
- Global Compensation Program Design: Assist in the development, implementation, and administration of global compensation programs, including base salary, incentives, bonuses, equity, and expatriate packages.
- Compliance and Regulatory Support: Ensure the organization's compensation practices comply with regional laws and regulations, including tax implications, pay equity, and transparency requirements.
- Job Evaluation and Classification: Perform job analysis and evaluation to support the creation and maintenance of global job architectures and leveling frameworks.
- Compensation Planning and Budgeting: Partner with HR, finance, and business units to support annual compensation planning cycles, salary reviews, and the allocation of merit increases, bonuses, and other rewards.
- Reporting and Analytics: Develop and deliver compensation reports, dashboards, and analytics to inform decision-making and support executive leadership.
- Stakeholder Collaboration: Collaborate with Global HR Business Partners, Talent Acquisition, and business leaders to address compensation-related queries and ensure alignment with talent strategies.
- Manage executive compensation programs, including salary, bonuses, and equity awards.
- Support Board of Directors and Compensation Committee meetings.
- Continuous Improvement: Stay informed about trends, emerging practices, and new technologies in compensation. Recommend process improvements to enhance the effectiveness and scalability of compensation programs.
- Communication and Training: Prepare clear and concise communications and training materials to explain compensation policies, processes, and changes to HR teams and business partners globally.
Experience/Education/Skills
Key Competencies and Personal Attributes
- Analytical Skills: Demonstrated ability to analyze large data sets, identify trends, and draw actionable insights. Advanced proficiency in Excel and compensation analytics tools is expected.
- Attention to Detail: High level of accuracy and thoroughness in handling sensitive compensation data and maintaining confidential information.
- Global Mindset: Deep understanding of cultural and regional compensation differences, labor markets, and the ability to adapt to diverse business environments.
- Communication Skills: Strong verbal and written communication skills, with the ability to explain complex compensation concepts to various audiences, including non-technical stakeholders.
- Project Management: Experience managing or supporting multiple compensation projects simultaneously, meeting deadlines, and driving results in a dynamic environment.
- Collaboration: Ability to work effectively as a team member in a global, matrixed organization, building relationships across functions and geographies.
- Problem-Solving: Proactive approach to identifying issues, evaluating solutions, and implementing improvements within compensation programs and processes.
- Technological Proficiency: Familiarity with HRIS (Human Resources Information Systems), compensation management systems, and data visualization tools.
- Integrity and Discretion: Handles sensitive and confidential information with the highest standards of ethics and professionalism.
- Curiosity and Initiative: Demonstrates a willingness to learn, adapt, and innovate in a fast-changing global landscape.
- Customer Orientation: Dedicated to delivering high-quality service to internal stakeholders and partners.
- Organizational Savvy: Comfortable navigating complex organizational structures and working with stakeholders across all levels.
Education and Experience
- Bachelor's degree in Human Resources, Business Administration, Finance, Economics, or a related field is required; a Master's degree or MBA is preferred.
- Professional certifications such as Certified Compensation Professional (CCP) or Global Remuneration Professional (GRP) are highly desirable.
- 7+ years of experience in compensation analysis, preferably with exposure to global or multinational organizations.
- Experience in managing compensation data and market analysis across different regions (Americas, EMEA, APAC, etc.) and with a defense contractor is a strong advantage.
Remuneration & Benefits/ Other
- Location: Portsmouth, NH, full-time office, 9/80 schedule: Week 1: 9 hours Mon-Thu, 8 hours Friday. Week 2: Work 9 hours Mon-Thu, Friday off
- Compensation: Will be structured to attract and retain the best possible candidate.
- Please Note: Due to the restricted nature of work, only US Citizens and US Persons (permanent residents) will be considered for this role. We cannot at this time sponsor employment visas (e.g. H-1B visa status).
Location Address
325 Corporate Drive, 4th Floor,
Portsmouth
,
New Hampshire
03801
, United States
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