Rich’s, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working in 100 locations globally, with annual sales exceeding $4 billion, Rich’s is a global leader with a focus on everything that family makes possible. Rich’s®—Infinite Possibilities. One Family.
Purpose Statement
Rich Products, a $5.5Billion food manufacturing company, is currently looking for a Senior COmpensation Analyst. In this role, you will provide the analytical and technical support necessary in developing and managing compensation programs and strategies that align with the organization’s goals, while ensuring internal equity, external competitiveness, and legal compliance. This position provides expert analysis and guidance on compensation programs, supports data-driven decision-making, and partners with AEN and business leaders to attract, retain, and reward talent effectively.
Whilst we are open to remote applicants for the role, we have a strong prefernce for those located on the east coast.
Key Accountabilities and Outcomes
•Annual Compensation Programs – assist in annual compensation processes including merit increases and incentive awards processes.
•Assist in full cycle of annual compensation programs (base pay adjustments, incentive payments), by communicating annual incentive program (AIP), researching trends for global base pay increase budgets, updating pay ranges, preparing Associate Central Compensation module and/or excel spreadsheets for programs and then creating communication documents. Maintains long term incentive (LTI) roster and works with Finance and external vendor to validate roster and update quarterly update interest.
•Job Evaluations – Work with AEN Business Partners, Talent Acquisition and leadership to evaluate position descriptions by compiling market data and assigning band and incentive levels, using CompAnalyst tool. Reviews data from an internal equity perspective and recommends appropriate course of action. Summarizes data back to requestor and meets to review as necessary.
•Data Analysis and Integrity - Analyze compensation data and trends to provide actionable insights and recommendations. Fosters the integrity of compensation-related data maintained in Associate Central by conducting data audits and reviewing with AEN.
•Job Code Creation – Create and update job codes and pay ranges in Associate Central, as needed. Fills out forms for ADP job code creation as well.
•CompAnalyst System Maintenance – work with Rich’s Associate Central team to add associate data to Comp Analyst, to be used for market data analysis, DEI analysis and salary survey submission. Develop a process to have this data updated on a regular basis.
•Salary Survey Completion - Administer annual salary survey process, filling out survey questionnaires in an accurate and timely manner.
•Compliance - Ensure compliance with federal, state, and local compensation laws and regulations (e.g., FLSA, pay transparency).
•Special Projects - Assists with specialized compensation projects by conducting research, developing spreadsheet analyses, providing recommendations and preparing reports/presentations.
•Perform other related responsibilities, as needed, to support Rich Products Corporation's business objectives.
Knowledge, Skills, and Experience
BS in Business Administration, Human Resources, Finance, or other analytical discipline; concentration in Human Resources preferred
· Between 5 – 8 years experience in compensation analysis or total rewards
· Demonstrated ability to conduct quantitative and qualitative analyses, including researching information and making recommendations based upon such analyses
· Demonstrated mathematical and statistical aptitude
· Advanced Excel skills (e.g. complex formulas, If statements, Lookup Tables and Pivot Tables); proficiency using Microsoft Office suite
· Ability to access, utilize and maintain data in an automated information system. Knowledge of Success Factors and ADP preferred.
· Demonstrated interpersonal skills necessary to effectively provide customer service and develop a consulting relationship with AEN professionals and leadership throughout the organization
· Effective written and oral communication skills
· Demonstrated ability to coordinate and manage small to medium-size projects
· High attention to detail and commitment to data integrity
COMPENSATION
In accordance with state law, the rate or range provided is Rich Products Corporation, its subsidiaries and affiliates ("Rich's"), reasonable estimate of the base compensation for this role. The actual amount may be higher or lower, based on non-discriminatory factors such as experience, knowledge, skills, abilities, shift differential, and location.
Annual Range/Hourly Rate
$92,700.00 - $125,500.00
Rich Products Corporation, its subsidiaries and affiliates (“Rich’s”), are committed to a policy of Equal Employment Opportunity, standing up for fairness and maintaining a culture of belonging, to provide an exceptional experience for all. We will not discriminate against an applicant or employee on the basis of race, color, religion, sex, national origin, disability, military or veteran status, or any other Federal or State legally protected classes. The information collected by this application is solely to determine suitability for employment, verify identity, and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Rich’s. Please contact Rich’s Associate Experience Network at hrhelp@rich.com if you need assistance completing this application or to otherwise participate in the application process.
