Analyst II, Compensation


: $74,390.00 - $116,900.00 /year *

Employment Type

: Full-Time


: Human Resources

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8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238

CarMax, the way your career should be!
About this job:
We are currently seeking a Compensation Analyst to join our growing team of rewards innovators. In this role you will you will get to consult with senior business and HR leaders to make sound choices about pay. You will have the opportunity to design and implement compensation programs, translating strategy and philosophy into results. Do you think collaboration is a virtue? Great! You will partner with other HR functions to champion the culture, bring in the most innovative people, and develop approaches to grow and keep them at CarMax.

What you will do:
  • Analyze market data and make recommendations on pay strategy with business and HR leaders
  • Use data and metrics to determine program success and to drive improvements in all elements of compensation
  • Provide data-driven insights to business leaders on how pay works and how to maximize its effectiveness in their organizations
  • Execute on core processes like annual merit, bonus, and stock award administration
  • Partner with key stakeholders to drive completion of compensation projects
  • Partner with HRIS and Payroll Systems teams to support thoughtful configuration and execution of compensation programs
  • Ensures compliance of all compensation programs with federal, state, and local regulations

Qualifications and Requirements:
  • Undergraduate degree or equivalent experience with a preference for business, economics, or other quantitative majors
  • At least three years of work experience in a corporate setting, with experience in either HR, Compensation, or Analytics
  • Intermediate Excel skills
  • Prior experience in some form of internal or external consulting (preferred)
  • Prior experience working in Workday or similar HRIS system (preferred)

About CarMax

CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation's largest retailer of used cars, with over 200 locations nationwide.

Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For?.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application .

If you have technical problems when submitting your application, please contact us by phone (888) ###-#### ext. 3888 or email

Associated topics: benefit, benefit specialist, bonus, compensation specialist, global compensation, incentive compensation analyst, incentive compensation specialist, payroll analyst, payroll transformation, specialist * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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