Compensation and Data Associate

Job ID
2017-1179
Category
Human Resources
Jersey City
NJ

Overview

About Lord Abbett:

 

Founded in 1929, Lord Abbett is an independent firm with a singular focus on the management of money. Over the course of our history, we’ve earned a sterling reputation for our leadership, influence, and innovation in the asset management industry. Today, our independent perspective, our commitment to active management, and our intelligent product design continue to make us relevant to individual and institutional investors.

 

From the very beginning, we’ve recognized that our people are our greatest asset. As an investment-led, investor-focused firm, we value intellectual curiosity, teamwork, and collaboration across the organization.

 

We’re looking for people with a keen interest in working for a trusted leader in the asset management industry, a desire to expand their knowledge, and a passion for delivering a client experience that exceeds expectations.

 

Now that you know our history, are you ready to be part of our future?

 


Job Overview: 

 

The Compensation and Data Associate is responsible for assisting in the compensation and workforce analytics function for all of Lord Abbett’s employee and partner population. This role assists in planning, developing and implementing new and revised compensation programs, policies and procedures to be responsive to the company's goals and competitive practices. This position is also responsible for ensuring through audits, legal reports and personal interactions that the company compensation programs are consistently administered in compliance with company policies and government regulations. Additionally, the Compensation and Data Associate will help design, build and execute a dynamic workforce analytics platform. This includes reporting and a new HRIS system implementation.

 

Responsibilities

Responsibilities include, but are not limited to:

  • Provide advice to key stakeholders on pay decisions, policy and guideline interpretation, and job evaluation, including the design of creative solutions to specific compensation-related programs
  • Manage the administration of direct compensation by partnering with Finance colleagues (executive, exempt and nonexempt compensation programs)
  • Keep apprised of federal, state and local compensation laws and regulations to ensure company compliance
  • Assist in managing the Year-End compensation manager decisions process which includes:
    • Matching and analyzing industry benchmarking data
    • Designing compensation reports to assist in understanding compensation expense and distribution of decisions
    • Developing repeatable audits to ensure accuracy of compensation decisionsDevelop key reporting on workforce footprint with a goal to provide data to support and drive business needs, including headcount, recruiting, diversity and talent

  • Partner with Technology colleagues to help lead departmental transformation of HRIS source system change

Qualifications

  • 9 years of Human Resources Compensation related experience
  • Strong Microsoft Excel and Access Database skills
  • Thorough attention to detail
  • Excellent presentation, communication skills both written and oral

 


Personal Characteristics Required:

  • Ability to manage multiple priorities simultaneously
  • Possess excellent judgment and an ability to balance commercial needs with risk
  • Self-starter, independent thinker
  • Must be a team player

 

 

Lord Abbett is an equal employment opportunity employer.  We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law.   All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

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