Enerpac Tool Group

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Sr Compensation Analyst (Finance)



Overview

Job Title (Internal):

Senior Compensation Analyst

Job type (Production, support, professional, managerial):

Professional

Job Title (External):

Senior Compensation Analyst

Job Code:

HR044

Location:

Menomonee Falls, WI

Reports To (title):

Compensation Manager

Segment/BU:

ETG Corp

Function/Department:

Human Resources

Approved By:

Human Resources

Approved Date:

February 1, 2025

ENERPAC - Who we are?

Enerpac Tool Group is a premier industrial tools and services company serving a broad and diverse set of customers in more than 25 countries. The Company's businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group trades on the NYSE under the symbol "EPAC".

Our vision is to be our customer's preferred partner through relentless innovation of industrial tools and services that help them safely and reliably tackle their toughest jobs around the world.

For further information on Enerpac Tool Group and its businesses, visit the Company's website at https://www.enerpactoolgroup.com/ .

Summary - basic function of the role

Manages, analyzes, and optimizes Enerpac compensation programs, including base pay, long and short-term incentives, and market analysis to ensure alignment with company objectives for recruiting, retention, and employee engagement.

Shift: Monday - Friday; 8 - 4:30 pm or 8:30 - 5:00 pm; flexible

Job Duties and Responsibilities

  • Develops and implements salary structures and administrative guidelines in accordance with compensation policy. Analyzes and benchmarks current structures and recommends changes or opportunities for improvement.
  • Reviews global survey needs and participates in compensation surveys.
  • Develops and maintains compensation policies, guidelines, and procedures to ensure consistent and fair pay practices across the organization.
  • Conducts job evaluations and analysis globally to determine appropriate salary levels according to compensation guidelines.
  • Reviews and provides recommendations on salary increases permitted within budgetary limits and according to established compensation policies.
  • Analyzes organizational pay practices and makes recommendations based on market trends, and to ensure internal equity.
  • Analyzes company compensation policies in relation to government wage and hour regulations, FLSA, prevailing rates for similar jobs in comparable industries or geographic areas, agreements with labor unions, and recommends changes as appropriate to establish and maintain competitive rates.
  • Administers annual bonus, merit and equity processes within HRIS system, including testing, communications, audits and reporting.
  • Provide advice, ad hoc analysis, guidance and support to HR business partners, managers, and leadership on compensation-related issues, inquiries or requests.
  • Provide education and training to managers and HR professionals on compensation practices and policies.
  • Monitor market trends, economic factors, and regulatory changes that may affect compensation practices.
  • Provide support and oversight to administration of deferred compensation and employee stock purchase programs.

Skills and Competencies

  • Competence in all Microsoft office software applications with advanced skills in Excel.
  • Strong ability to analyze and interpret information to develop insights.
  • Understanding of compensation structures, salary benchmarking, job evaluation methods, and incentive compensation programs.
  • High level of accuracy and attention to detail.

Education and Experience

Education Requirements:

  • Bachelor's degree in human resources or business administration and at least five years of experience in compensation administration
  • CCP designation preferred

Physical Demands

Employee will have to be able to walk/climb to a variety of primary work locations. Employee will need to listen, understand, and speak with team members in person, telephonically, and electronically at all levels within a diverse workforce and with supported organizations. Employee is able to work in front of a personal computer and telephone for long periods of time.

Work Environment

Primary work environment is temperature-controlled office setting, but may also include typical warehouse environment on occasion, where following appropriate safety protocols at the location would be required. Employee will be exposed to low levels of noise in an office.

Direct Reports

None

Key External Contacts/Clients

Vendors, former employees

Diversity Statement

We are committed to recruiting, hiring, training, and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We will ensure your application is fairly considered and if hired, you will have an equitable opportunity to give your best at work, not because we're required to, but because it's the right thing to do. Enerpac Tool Group will provide reasonable accommodations within the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, reach out to our Talent Acquisition Team for additional information.

The above statements reflect the general details necessary to describe the principle functions of the job described and shall not be construed as a detailed description of all the work requirements that may be inherent in the job.

I have read and understand the job requirements, responsibilities and expectations set forth in the job description provided for my position, I attest that I am able to perform the essential job duties as outlined with or without any reasonable accommodation. Additionally, this signed copy will be filed in you personnel file.

________________________________ _________________________

Employee's Signature Date

________________________________

Print Name

________________________________ ___________________________

Supervisor's Signature Date

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Print Name

For Compensation Use Only:

Job Code

US Only

EE0-1 Code

Job Group

FLSA status

NEW

Professional

Professionals

Exempt Apply

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