Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.

The Senior Compensation Analyst is responsible for designing, maintaining, and administering compensation programs aimed at at attracting and retaining world-class multi-disciplined talent in a competitive environment. Reporting to the Compensation Manager, this individual will partner with Graco’s HR Managers and leadership team to provide consultative services on all compensation topics, and help ensure that compensation and total rewards programs are aligned with the business and talent strategies. 

What You Will Do at Graco

• Lead global annual compensation processes including the merit cycle, bonus and incentive payouts, salary survey participation, pay range reviews, factory wage reviews, and stock grants

• Provide strategic consultation to HR partners and leaders on compensation-related matters

• Conduct job evaluations to ensure jobs are graded appropriately, considering external market analysis, internal equity, and regulatory compliance

• Oversee global grade pay structures, including development of annual market movement recommendations

• Collaborate with divisional and regional management and financial controllers to design, administer, calculate, and communicate variable bonus and incentive plans.

• Administer the company’s stock option grant programs and global equity plans, ensuring compliance with regulatory requirements

• Manage compensation programs for expatriates, including the analysis, review, administration, and communication of expatriate allowances and policies

• Assist with preparing materials for the compensation committee of the board and the company’s annual proxy statement

• Support the analysis and administration of Board of Director and executive total compensation plans and programs

• Analyze compensation program effectiveness and make recommendations for continuous improvements

• Participate in compensation activities involved with the integration of acquisitions.

• Ensure compliance with all laws and regulations related to compensation, and conduct compliance reviews including pay equity and FLSA exemption

• Research and develop recommendations for new compensation programs  and conduct analyses for assigned special projects as needed.

What You Will Bring to Graco

• Broad working knowledge of compensation theories, techniques, and practices, including job analysis, market pricing, and salary structure design

• Bachelor’s degree or equivalent in human resources, business, finance, or related field.

• 5+ years’ experience in compensation

• Strong analytical skills, including advanced knowledge of Microsoft Excel and proven capabilities to collect, analyze, interpret, model, and summarize compensation data to support decision-making

• Strong written and verbal communication skills and ability to collaborate effectively with cross-functional teams

• Strong attention to detail and organizational skills

• Experience with equity administration and global compensation is strongly preferred

• Experience designing and administering sales incentive plans and variable compensation programs is preferred

• Experience with Workday and MarketPay is preferred

• CCP, PHR, or SHRM-CP credentials is preferred

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At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco’s culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.

Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.

Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.