Senior Compensation Analyst Job Denver CO Advanced Energy

Job Overview: Senior Compensation Analyst Role

Compensation analysis is a critical function within any successful organization, and Advanced Energy, located in the vibrant city of Denver, Colorado, is currently seeking a talented Senior Compensation Analyst to join their team. This pivotal role offers a unique opportunity to contribute to the design, implementation, and administration of Advanced Energy's compensation programs. If you are a seasoned professional with a passion for compensation and a desire to work in a dynamic and innovative environment, this could be the perfect opportunity for you. The Senior Compensation Analyst will be responsible for conducting in-depth analysis of compensation data, ensuring that Advanced Energy's pay practices are competitive, equitable, and aligned with the company's overall business objectives. This involves researching market trends, participating in salary surveys, and developing compensation models to support strategic decision-making. A key aspect of the role involves collaborating with HR business partners and other stakeholders to provide guidance and support on compensation-related matters. This includes assisting with job evaluations, salary recommendations, and the development of compensation packages for new hires and promotions. The Senior Compensation Analyst will also play a crucial role in ensuring compliance with all applicable laws and regulations related to compensation, including pay equity laws. This requires a thorough understanding of legal requirements and the ability to interpret and apply them in a practical context. Furthermore, the analyst will be involved in the administration of Advanced Energy's various compensation programs, such as annual merit increases, bonus plans, and equity programs. This includes preparing reports, analyzing data, and communicating program details to employees. The ideal candidate will possess a strong analytical skillset, excellent communication abilities, and a deep understanding of compensation principles and practices. They should be able to work independently, manage multiple priorities, and thrive in a fast-paced environment. If you are a highly motivated and results-oriented professional with a passion for compensation, we encourage you to explore this exciting opportunity at Advanced Energy.

Responsibilities of the Senior Compensation Analyst

The responsibilities of a Senior Compensation Analyst at Advanced Energy are multifaceted and crucial for the organization's success. A primary responsibility involves analyzing compensation data and market trends to ensure the company's pay practices are competitive and aligned with industry standards. This includes participating in salary surveys, conducting job evaluations, and developing compensation models. The analyst will also be responsible for designing and administering compensation programs, such as merit increases, bonus plans, and equity programs. This requires a deep understanding of compensation principles and best practices, as well as the ability to develop and implement effective programs that attract and retain top talent. A significant aspect of the role involves collaborating with HR business partners and other stakeholders to provide guidance and support on compensation-related matters. This includes assisting with salary recommendations, job leveling, and the development of compensation packages for new hires and promotions. The Senior Compensation Analyst will also play a vital role in ensuring compliance with all applicable laws and regulations related to compensation, including pay equity laws. This requires a thorough understanding of legal requirements and the ability to interpret and apply them in a practical context. Effective communication is paramount in this role. The analyst will need to communicate compensation program details to employees, managers, and executives in a clear and concise manner. They will also need to be able to present compensation data and analysis to various audiences. In addition to these core responsibilities, the Senior Compensation Analyst may also be involved in other projects and initiatives related to compensation and benefits. This could include conducting research on new compensation trends, developing training programs for managers, or participating in the implementation of new HR systems. To excel in this role, a Senior Compensation Analyst must possess strong analytical skills, excellent communication abilities, and a deep understanding of compensation principles and practices. They should be able to work independently, manage multiple priorities, and thrive in a fast-paced environment. Their role is essential in ensuring that Advanced Energy attracts, motivates, and retains its employees through competitive and equitable compensation practices.

Qualifications and Skills for the Role

To effectively perform the duties of a Senior Compensation Analyst at Advanced Energy, certain qualifications and skills are essential. A bachelor's degree in human resources, business administration, finance, or a related field is typically required. A master's degree or professional compensation certification (such as CCP - Certified Compensation Professional) is often preferred and can significantly enhance a candidate's qualifications. In terms of experience, a minimum of 5-7 years of progressive experience in compensation analysis and administration is generally expected. This experience should include a strong understanding of compensation principles, practices, and regulations. Proficiency in data analysis and modeling is crucial. The analyst must be able to collect, analyze, and interpret compensation data from various sources, including salary surveys, market research, and internal databases. They should be comfortable using spreadsheet software (such as Microsoft Excel) and statistical analysis tools. Strong analytical and problem-solving skills are essential for evaluating compensation programs, identifying trends, and developing recommendations for improvement. The ability to think critically and strategically is also important for aligning compensation practices with the company's overall business objectives. Effective communication skills, both written and verbal, are paramount. The analyst must be able to communicate compensation program details clearly and concisely to employees, managers, and executives. They should also be able to present compensation data and analysis to various audiences. A deep understanding of relevant laws and regulations, such as the Fair Labor Standards Act (FLSA) and pay equity laws, is essential for ensuring compliance. The analyst must be able to interpret and apply these laws in a practical context. In addition to these technical skills, certain soft skills are also important for success in this role. The analyst should be able to work independently, manage multiple priorities, and meet deadlines. They should also be able to collaborate effectively with HR business partners and other stakeholders. Finally, a strong commitment to accuracy, attention to detail, and ethical conduct is essential for maintaining the integrity of the compensation function.

Advanced Energy: A Company Overview

Advanced Energy (AE) is a global leader in the design and manufacturing of innovative power and control technologies. They are a company committed to powering the future through their highly engineered precision power, measurement, and control solutions, which are critical to innovation in various industries. With a rich history spanning several decades, Advanced Energy has established itself as a trusted partner to leading technology companies worldwide. AE's products and services are used in a wide range of applications, including semiconductor manufacturing, industrial processing, data center computing, and medical equipment. The company's commitment to innovation is reflected in its extensive portfolio of patents and its ongoing investment in research and development. Advanced Energy operates with a global footprint, with manufacturing facilities, sales offices, and service centers located in North America, Europe, and Asia. This global presence allows the company to effectively serve its diverse customer base and respond to evolving market needs. The company's culture is characterized by a strong emphasis on collaboration, innovation, and customer satisfaction. Employees are encouraged to think creatively, challenge the status quo, and work together to achieve common goals. Advanced Energy is committed to creating a diverse and inclusive workplace where all employees feel valued and respected. The company offers a comprehensive range of benefits, including competitive salaries, health insurance, retirement plans, and paid time off. They also provide opportunities for professional development and growth, including training programs, tuition reimbursement, and career advancement opportunities. Advanced Energy's vision is to be the world's leading provider of power and control technologies, enabling its customers to innovate and succeed. The company's mission is to deliver exceptional value to its customers, employees, and shareholders through its commitment to innovation, quality, and customer service. Working at Advanced Energy provides a chance to be part of a team that is shaping the future of technology. The company's dedication to innovation, global reach, and employee development makes it an attractive employer for talented professionals seeking to make a meaningful impact.

Denver, Colorado: A Great Place to Live and Work

Denver, Colorado, often referred to as the "Mile High City," is a vibrant and dynamic metropolis that offers a unique blend of urban amenities and outdoor recreational opportunities, making it a great place to both live and work. The city's thriving economy, diverse culture, and stunning natural surroundings make it an increasingly popular destination for professionals seeking a high quality of life. Denver's economy is robust and diversified, with key industries including aerospace, technology, healthcare, energy, and financial services. This diverse economic base provides a stable job market and ample opportunities for career advancement. The city's pro-business environment and access to a skilled workforce make it an attractive location for companies of all sizes. Beyond its economic strengths, Denver boasts a vibrant cultural scene, with numerous museums, theaters, art galleries, and music venues. The city is home to a thriving arts community, with a wide range of artistic expression on display. Denver's culinary scene is equally impressive, with a diverse array of restaurants, cafes, and breweries offering something to suit every taste. One of the biggest draws of living in Denver is its proximity to the Rocky Mountains. Outdoor enthusiasts can enjoy a wide range of activities, including hiking, skiing, snowboarding, mountain biking, and camping. The city's extensive park system and network of bike trails provide ample opportunities for outdoor recreation within the city limits as well. Denver's climate is another appealing factor. The city enjoys a mild, sunny climate with four distinct seasons. Summers are warm and dry, while winters are relatively mild with plenty of sunshine. The city's altitude also contributes to its unique weather patterns, with cool evenings even during the summer months. Denver is a city that values sustainability and environmental stewardship. The city has implemented a number of initiatives to reduce its carbon footprint and promote energy efficiency. Denver's commitment to sustainability makes it an attractive place for environmentally conscious individuals. Overall, Denver offers a high quality of life, with a strong economy, a vibrant culture, and access to world-class outdoor recreation. It's a city that attracts talented professionals from all over the world and provides a great environment for career growth and personal fulfillment.