Compensation Specialist
Compensation Specialist
Posted on :
03-12-2024
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
POSITION SUMMARY: This position is responsible for supporting a variety of HR functions with an emphasis on compensation and benefits. Is directly involved in the development and analysis of workforce metrics to produce business solutions and champion a datadriven HR culture focused on improvement and automation. To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill and ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. GEOGRAPHIC REGION:Applications out of the geographic region for this position will not be considered. QUALIFICATIONS: Required
- Two (2) years of current work experience related to HR with an emphasis on Compensation in a corporate environment with demonstrated experience in job evaluation and related best practices as well as compensation analysis to include design and oversight of all programs processes and guidelines related to compensation management. This includes the oversight of all variable pay plans.
- Bachelors Degree in an HR Business or related field. In lieu of degree four (4) years of recent experience relevant to HR or a combination of education and experience.
- Strong communication and presentation skills. Demonstrated ability to partner with different level stakeholders to drive HR and Business initiatives.
- Ability to work collaboratively with others
- Proven analytical skills; ability to analyze statistical and financial data and provide datadriven recommendations.
- Experience with process improvement and/or business analysis to provide business solutions.
- Utmost professional discretion and the ability to work with confidential and sensitive information.
- Ability to work independently and as a member of a team.
- Proficient in Microsoft Office; Advanced skill in Excel (if statements nested formulas vlookups countif pivot tables).
- Working knowledge of employment laws guidelines and other applicable local state and federal laws such as wage and hour regulations and compensation principles.
- Detail oriented highly organized proven strength in project management.
- Exceptional time management skills; ability to meet deadlines.
- Strong written and oral communication skills in English combined with the ability to engage and influence.
- Ability to analyze problems identify alternative solutions project consequences of proposed actions and implement recommendations in support of goals.
- Ability to read analyze evaluate and summarize technical information or statistical data.
- Ability to work independently with limited supervision multitask and possess strong initiative.
- Ability to think logically establish and follow procedures instructions and make sound decisions.
- Ability to exercise independent judgment within established systems and procedures.
- Ability to work extended hours holidays and/or weekends as needed.
Preferred
- Current SHRM Certification (PHR SPHR or GPHR).
- Strong vendor management experience.
- Data analytics and data modeling.
- Prior strategiclevel work experience.
- Experience using market pricing tools such as MarketPay.
- Experience developing metrics and dashboards to support business goals.
- Experience working with immigration processes for employees.
DUTIES AND RESPONSIBILITIES:Primary
- Administers a high level of independent judgment in providing a wide range of HR support for assigned functions including but not limited to compensation administration immigration HR analytics and benefits.
- Leads company market pricing performs equity analysis and makes recommendations on pay ranges.
- Perform complex analysis review utilization and experience data and identify trends to evaluate the effectiveness of programs; make timely and actionable recommendations for change.
- Review existing salary structure propose appropriate modifications ensuring sound salary administration process linking salary to performance.
- Researches new hire offers to ensure recruitment team aligns salaries with internal pay strategy.
- Audit pay practices to ensure compliance with federal and state legislation applicable to wage and hour laws and regulations and internal pay policies.
- Develops job descriptions and conducts job analyses along with exemption classification testing.
- Conduct internal and external job analysis and evaluations to ensure that an appropriate job evaluation system is applied to determine the relative importance of jobs and assign a suitable band level for every position.
- Creates new positions as needed and provides appropriate market salary benchmark.
- Responsible for annual compensation practices to include market pay adjustments merit pay and shortterm incentive pay (STIP) plans; ensure internal equity of same.
- Prepare the annual compensation and benefits plans budgets determine the actual cost of personnel propose annual budget adjustments.
- Conduct employee onboarding and new hire orientation.
- Resolve employee inquiries and complaints regarding compensation and benefits; Escalate more complex concerns to the appropriate personnel.
- Prepare reports and presentations relating to compensation and benefits; create communication materials and deliver presentations to the organization to include Executive members.
- Provides support to the Regional HR Manager in the preparation review and maintenance of documents in support of immigration sponsorship requests for various visas and permanent residence applications.
- Acts as a liaison between employees and external immigration attorneys on immigrationrelated matters.
- Develops HR solutions by collecting and analyzing information and recommending courses of action.
- Reviews and tracks employee metrics such as turnover complaints discipline etc.
Secondary
- Performs administrative duties such as review of documents filing edocuments etc.
- Performs audits of immigration files and new hire data entries.
- Serves as a backup to Benefits Specialist.
- Creates updates and maintains policy and procedure manuals.
- Keeps abreast of applicable US laws updates and trends.
- Performs additional duties as assigned.
PHYSICAL REQUIREMENTS:
- The employee is regularly required to use their hands and fingers.
- The employee frequently is required to talk and/or hear.
- The employee is continuously required to sit.
- The employee is occasionally required to stand and walk; climb or balance; stoop kneel crouch or crawl.
- The employee must occasionally lift and/or move up to ten (10) pounds.
- Specific vision abilities required by this job include close vision distance vision color vision peripheral vision depth perception and ability to adjust focus.
SAFETY REQUIREMENTS:
- Report safety hazards.
- Immediately report incidents involving injury illness or property damage.
- Wear protective PPE (Personal Protective Equipment) as instructed or necessary.
- Comply with all company safety policies procedures and rules.
- Refuse any unsafe task or operation.
- Participate in safety meetings and training.
- Be constantly aware of their personal safety and that of their coworkers.
Employment Type
Full Time
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
