The Compensation Data Analyst at Velosio is a key contributor to our financial planning and analysis team, responsible for ensuring the accurate and efficient management of sales commission and incentive calculations, employee payout statements, plan document statements, and various compensation-related data. This role works in close collaboration with the Human Resources department, supporting the annual merit process, market matching, and maintaining compensation ranges and compa ratios. The Compensation Data Analyst plays a pivotal role in optimizing our compensation strategies and ensuring competitiveness in the market.
Who we are:
At Velosio, we focus on what matters most – our people. We are a values-driven organization committed to delivering an outstanding employee experience to all our team members.
Velosio’s years of experience with business applications translate to a deep bench of tenured team members with competency across enterprise resource management (ERP), customer relationship management (CRM), and cloud services.
We have earned recognition from Microsoft as a top 1% performing partner worldwide and an emerging NetSuite leader. We have strategic independent software vendor (ISV) partnerships and a portfolio of solution and service offerings to accelerate what’s next for business.
Our mission is to enable clients to realize business value faster, simplify the process of deploying technology, acquire deeper data-driven insights, and explore ongoing innovation to drive business forward. We support the entire Microsoft Dynamics portfolio, Office 365 family and Azure services. Velosio is the only Microsoft Cloud Distributor that specializes in Dynamics 365 and is a prominent Microsoft Master VAR. Headquartered in Columbus, Ohio, Velosio’s 400 employees serve over 4,000 clients.
Beyond our expertise, as a Velosio team member, you can leverage the Velosio award winning culture – a network of top-notch peers, day-to-day flexibility, career development resources and the largest incentive opportunities in the industry.
Your day might look like:
Sales Commission and Incentive Calculations:
- Calculate, validate, and audit sales commission and incentive plans.
- Collaborate with all functions, finance, and human resources to ensure accurate and timely payouts.
- Provide insights and recommendations to enhance sales and professional services performance through incentive plans.
Employee Payout Statements and Plan Document Statements:
- Generate and distribute detailed employee payout statements and plan document statements.
- Maintain confidentiality and accuracy in all records related to compensation data.
- Partner with human resources to maintain and catalogue the data for reporting and hr compliance purposes
Annual Merit Process Support:
- Collaborate with HR to facilitate the annual merit increase process.
- Assist in data analysis, reporting of merit increase recommendations.
Market Matching and Compensation Range Maintenance:
- Conduct market analysis to ensure our compensation packages remain competitive.
- Maintain and update salary ranges to align with market trends.
- Manage the compa ratio inventory, ensuring it is accurate and up-to-date.
Data Analysis and Reporting:
- Utilize tools such as Power BI and Excel to analyze compensation data.
- Create reports, dashboards, and visualizations to support decision-making.
- Provide ad-hoc data analysis and reports as needed.
Compliance and Documentation:
- Ensure compliance with company policies and relevant employment laws.
- Maintain accurate and up-to-date compensation plan documents and records.
Collaboration, Controls and Communication:
- Collaborate with cross-functional teams, particularly HR and Finance.
- Communicate compensation-related information effectively to various stakeholders.
- Ensure control processes are in place and being followed.
What you’ll bring:
- Bachelor’s degree in Finance, Accounting, or a related field.
- Proven experience in compensation analysis, data management, or a related role.
- Proficiency in Microsoft Excel and Power BI for data analysis and reporting.
- Strong analytical skills with attention to detail and accuracy.
- Proactive communication skills.
- Excellent communication and interpersonal skills.
- Knowledge of compensation best practices and market trends.
- Ability to maintain strict confidentiality and handle sensitive data.
Some reasons you might like working with us:
At Velosio, YOU MATTER.
Due to our proven commitment to delivering an exemplary employee experience, Velosio was awarded Best Company Culture, Best Company for Diversity, Best CEO, and Best Company for Women by Comparably in 2022 and 2021, in addition to Best Company for Career Growth, Best Perks & Benefits, and Best Leadership Team by Comparably in 2022.
Access the following link to see why 100% of current Velosio team members feel their company is invested in their career growth, 99% of current Velosio employees feel their manager cares about them as a person, and 99% of current Velosio team members look forward to interacting with their coworkers every day
At Velosio, YOUR WELLNESS MATTERS.
We know one size doesn’t fit all, which is why we offer a comprehensive benefits package that allows our team members to create a personalized plan best suited for their unique needs, including:
- 5 Medical Insurance options with a company contribution to HSA
- 3 Dental Insurance options including adult orthodontics
- 2 Vision Insurance options
- PTO with added time with each year of service
- Remote working environment
- 401k Match 50% of the first 6%
- StayWell Program – a cash reimbursement up to $600 a year toward Wellness
- Quarterly Incentive Program