Compensation Analyst (Principal or Sr. Principal Level)
About the position At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history. Northrop Grumman is seeking a Principal/Senior Principal Compensation Analyst in Falls Church, VA. Reporting to the Director of Compensation, the successful candidate will have responsibility for providing consultation, analysis, and support as well as support the design, implementation and administration of the company's compensation programs, policies and procedures. This position can support a virtual telecommuting candidate, however, the preference is Falls Church, VA.
Responsibilities
- Engaging with HR Business Partners (HRBPs) to identify current and future compensation needs.
- Researching market trends and analyzing data to develop and ensure the execution of HR/Compensation priorities that align with business objectives.
- Collaborating with HRBPs to provide guidance on total compensation solutions.
- Completing complex analyses to identify issues, provide alternatives, and recommend solutions to business needs.
- Reviewing job classifications, position descriptions and market data to make recommendations with respect to job qualifications and levels in support of company policy and organization budgets.
- Periodically reviewing and assessing pay competitiveness across business functions, identifying and recommending appropriate adjustments.
- Developing and shaping strong change management plans in support of compensation-related programs and priorities.
- Leading the Annual Compensation Review (ACR) integrated process and training for the business unit in partnership with human resources.
- Supporting the development and delivery of enterprise-wide compensation training and communications to foster a greater understanding of total compensation.
- Conducting ad hoc research upon request from HR and other business/department leaders.
Requirements
- Bachelor's Degree in Business Management, Human Resources or related discipline.
- Minimum of 5 years compensation, HR, or related discipline experience for Principal Level.
- Demonstrated knowledge of HR practices, including compensation analysis.
Nice-to-haves
- Master's degree in Business, Human Resources or other applicable field of study and minimum 4 years of experience for Principal Level.
- Certified Compensation Professional or progress towards certification.
- Working knowledge of Workday business processes and functionality.
- Previous experience in a large government contracting environment.
- Minimum of 8 years compensation, HR, or related discipline experience for Sr. Principal Level.
- Master's degree in Business, Human Resources or other applicable field of study and minimum 7 years of experience for Sr. Principal Level.
Benefits
- Health insurance coverage
- Life and disability insurance
- Savings plan
- Company paid holidays
- Paid time off (PTO) for vacation and/or personal business
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