Compensation Associate

Scholastic • Full-time • Remote (Remote from New York, United States) • $60,000 - $75,000 / year • 6d ago

Fast Facts

Join Scholastic as a Compensation Associate to support and administer various compensation functions for executive and broad-based compensation, ensuring data integrity and compliance while collaborating with multiple departments.

Responsibilities: Assist in the administration of executive compensation plans, manage annual merit processes, perform data audits, prepare compensation-related reports, and support various ad-hoc compensation projects.

Skills: Strong analytical and organizational skills, project management abilities, proficiency in Excel and HRIS systems, with WorkDay experience preferred.

Qualifications: Minimum of 2 years of compensation experience, preferably in equity compensation, and a Bachelor's degree in HR, business, or finance.

Location: This position is remote with no specific office location; based in New York, USA.

Compensation: $60000 - $75000 / Annually

Job Description:

THE OPPORTUNITY

Responsible for the day-to-day support of the broadbased and executive Compensation functions. Provides regular and ad-hoc reports and assists with administration of various compensation plans and programs. Performs analysis and data audits procedural in maintaining data integrity. This role will report to the Compensation Manager and work closely with the Director, Executive Compensation. Interfaces with HRBPs, Finance, Payroll, vendors, HRIS and Legal.

RESPONSIBILITIES

Executive Compensation

Support the day-to-day operations of executive compensation.
Support the maintenance of long-term incentive plans (LTIP)
Support the administration of the Management Stock Purchase Plan (MSPP), and Employee Stock Purchase Plan (ESPP)
Provide reporting on all aspects of executive compensation, as well as ad-hoc requests.

Compensation

Assist with the administration of annual merit processes, including working with HRIS to ensure data integrity and testing of systems.
Collaborate on salary surveys, gather data for annual submissions.
Track Spot Bonus program, monitor budget spend and generate quarterly reports.
Track Compensation Commitments, confirm payments with HRBPs, payroll and partner with Finance on monthly reports.
Audit data in WorkDay and collaborate with HRBPs.
Support FLSA and entry level job evaluations requests.

Reporting & Compliance

Support with the preparation of compensation-related proxy tables.
Support the preparation of annual CEO Pay Ratio analysis.
Support and prepare Financial, Accounting and SOX reporting.

Project Support

Gather data for Total Rewards Statement preparation.
Prepare supporting materials for the Job Family project.
Support with ad-hoc compensation projects, and participate in departmental initiatives as requested.

About Scholastic

For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children’s books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children's media. As the world's largest publisher and distributor of children's books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com.

Some benefits that we offer:

Full suite of health and wellness benefits (including a $0 deductible Medical Plan)
Retirement Savings Plan 401(k) with options for both Roth and Traditional Contributions
Tuition-Free programs for undergraduate and graduate degrees
Generous Parental Leave Program
Employee Stock Purchase Plan (ESPP) with opportunity for discounted stock at a 15% discount

Thank you for your consideration in choosing Scholastic.

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Qualifications

HOW YOU CAN FIT (Qualifications)

Knowledge, Skills and Abilities:

Excellent analytical, organizational, project management skills with strong attention to detail.

Ability to manage multiple tasks and meet deadlines.

Strong written and verbal communication skills.

Demonstrated knowledge of excel, and HRIS systems. WorkDay experience preferred.

Experience and Education:

2 years of compensation experience.
Equity compensation experience preferred.
Knowledge of compensation best practices and processes.
Ability to work independently, with teammates and interact with all levels of professionals.

Education: Bachelor's degree in HR, business or finance

Time Type:

Full time

Job Type:

Regular

Job Family Group:

Human Resources

Location Region/State:

New York

Compensation Range:

Annual Salary: 60,000.00 - 75,000.00

EEO Statement:

Scholastic is an Equal Opportunity Employer. Our policy is clear: there shall be no discrimination on the basis of race, religion, color, sex, pregnancy, national origin, marital status, sexual orientation, gender identity or expression, age, non-disqualifying physical or mental disability, or status as a disabled veteran or Vietnam veteran. Those factors shall not influence the determination of qualifications for a job or other opportunity within the company. Further, all personnel actions (such as compensation, tuition aid, benefits, transfers, promotions, and dismissals, company-sponsored training, social and recreational programs) shall be administered without discrimination.

EEO is the Law Poster

EEO Scholastic Policy Statement

Pay Transparency Provision