Analyst, Compensation

Journey with us! Combine your career goals and sense of adventure by joining our exciting team of employees. Royal Caribbean Group is pleased to offer a competitive compensation & benefits package, and excellent career development opportunities, each offering unique ways to explore the world.

This position is on site in Miami, Florida.

We are proud to be the vacation-industry leader with global brands — including Royal Caribbean International, Celebrity Cruises and Silversea Cruises — the most innovative fleet and private destinations, and the best people. Together, we are dedicated to turning the vacation of a lifetime into a lifetime of vacations for our guests.

Royal Caribbean Group’s Human Resources Team has an exciting career opportunity for a full time Lead, Compensation reporting to the Shipboard Compensation Senior Director

Position Summary

The Compensation Analyst is responsible for leveraging data analytics and business intelligence tools to support the company's compensation strategies and ensure regulatory compliance. This role involves developing and maintaining Power BI reports and dashboards, conducting market and internal equity analyses, and collaborating across departments to provide actionable insights. The ideal candidate will possess strong analytical skills, proficiency in data visualization, and a thorough understanding of compensation policies and practices to drive data-driven decision-making and enhance organizational effectiveness.

Essential Duties and Responsibilities:

• Liaise with Operations and other departments to understand business needs and advise on compensation-related data insights.
• Develop, design, and maintain Power BI reports and dashboards to provide realtime insights into compensation data, utilizing Power Query Editor, SQL queries, and dashboard management best practices. 
• Develop comprehensive reports to provide visibility and assurance of compliance with CBA requirements and other applicable regulations.
• Create dashboards to support tracking and monitoring of new compensation policies and program implementations, aiding in oversight and analysis.
• Assist in the merit increase and annual bonus processes by building necessary reports and supporting distribution efforts.
• Collaborate with the technical team to ensure data integrity, accuracy, and timely reporting to meet business needs.
• Evaluate positions using existing job evaluation methodologies, market pricing, and internal equity to determine pay ranges and wage grids. Conduct competitive wage analysis and make data-driven recommendations.
• Review and analyze compensation workflow processes; recommend and implement enhancements to improve efficiency and effectiveness.
• Ensure all compensation programs comply with applicable laws and regulations, staying abreast of regulatory changes and industry best practices.
• Perform other duties as required, including ad hoc data analysis and reporting projects.

Qualifications

• Bachelor’s degree in Human Resources, Business Administration, Data Analytics, or a related field; Master’s degree preferred.
• Proven experience in building Power BI reports, dashboards, and data models. Proficiency in data analysis using Microsoft Excel, including the ability to interpret and manipulate complex datasets.
• Experience with HRIS systems such as JD Edwards is a plus.
• Familiarity with compensation policies, procedures, and practices, including CBA knowledge preferred.

Knowledge and Skills

• Excellent interpersonal and communication skills, with the ability to translate complex data into understandable reports and dashboards for management and stakeholders.
• Advanced proficiency in Power BI, including report development, dashboard design, data modeling, Power Query Editor, and DAX.
• Strong SQL querying skills for data extraction and manipulation.
• Familiarity with data warehousing and data management best practices.
• Excellent analytical and problem-solving skills, with meticulous attention to data accuracy, validation, and quality assurance.
• Skilled in data visualization best practices, designing intuitive dashboards that effectively communicate insights.
• Effective project management and organizational skills to handle multiple reports and meet deadlines.
• Eagerness to stay current with Power BI updates and industry trends, demonstrating continuous learning.
• Collaborative team player with strong stakeholder management skills and proactive ownership of reporting tasks.

Physical Demands

The physical demands are representative of those required to perform the essential functions of this role, including sitting, standing, operating a computer, reviewing and analyzing reports, and communicating effectively. Occasional movement around the office and travel may be required. Lifting up to 15 pounds may be necessary.

Work Environment

The work environment includes both office and remote settings, with occasional travel to other office locations or offsite locations. Noise levels may vary, especially during site visits.

We know there is a lot to consider. As you go through the application process, our recruiters will be glad to provide guidance, and more relevant details to answer any additional questions. Thank you again for your interest in Royal Caribbean Group. We will hope to see you onboard soon!

It is the policy of the Company to ensure equal employment and promotion opportunity to qualified candidates without discrimination or harassment on the basis of race, color, religion, sex, age, national origin, disability, sexual orientation, sexuality, gender identity or expression, marital status, or any other characteristic protected by law. Royal Caribbean Group and each of its subsidiaries prohibit and will not tolerate discrimination or harassment.

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