Compensation Specialist
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Job Description
Compensation Specialist evaluating and managing industry compensation trends for non-exempt positions at Dealer Tire. Ensuring fair compensation practices across the organization and compliance with regulations.
Responsibilities:
- Evaluate and monitor industry compensation trends, survey data, and local market developments that impact non-exempt positions.
- Create and manage compensation reports in Compensation Management tool to assess program's market competitiveness.
- Assist in conducting pay equity analyses to ensure fair and consistent compensation practices.
- Evaluate job positions, collaborate with legal to determine FLSA classification, and compile cost-of-labor and cost-of-living data.
- Develop and oversee non-exempt compensation programs, conducting scenario analyses to inform recommendations for program administration.
- Ensure compensation programs comply with local, state, and federal regulations.
- Manage incentive and bonus plan communication and administration for all non-exempt roles.
Requirements:
- Bachelor’s degree in business administration or HR management or a combination of education and experience that enables performance in all aspects of the position
- 2+ years of compensation administration experience; demonstrated knowledge of compensation methodologies, commonly used concepts, practices, and procedures
- Knowledge of compensation principles (market pricing, salary structures, pay equity, and compliance)
- Demonstrated proficiency in MS Excel and Microsoft Office suite
- Ability to effectively communicate and collaborate cross functionally
- Strong analytical skills and attention to detail
- Excellent interpersonal, verbal and written communication skills
- Excellent time management skills
- Ability to interact with and influence others effectively
- Ability to research and identify problems, develop proposals, conduct analysis independently and in collaboration with others
- Demonstrated strategic decision making and project management skills.
Benefits:
- paid time off
- medical insurance
- dental insurance
- vision insurance
- 401k match (50% on the dollar up to 7% of employee contribution)
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