Compensation Specialist
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Job Description
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Responsibilities:
- Responsible for the administration of company compensation programs
- Assists in the design of plans and leads the implementation of annual performance and compensation-related cycles
- Responsible for reviewing programs, suggesting modifications, and ensuring achievement of competitive market position and other goals identified by the organization
- Ensures programs meet employee needs, comply with legal requirements, are cost effective and enhance the organization's ability to recruit and retain top talent
- Administers compensation processes
- Assists in planning, developing and implementing employee programs in collaboration with the HR Business Partners and finance
- Develops and implements plans and policies that provide a competitive employee value proposition
- Administers the annual incentive process in collaboration with other stakeholders
- Oversees and administers the performance management cycle
- Participates and advises in the development of bonus & incentive plan designs
- Develops and executes a comprehensive communication strategy for compensation and performance management cycles and programs
- Ensures data integrity as well as compensation plan compliance with the company’s policies, procedures
Requirements:
- Bachelor’s Degree in Human Resources, Finance or related field or military experience
- Advance Degree or MBA preferred
- HR certification (PHR, SPHR, SHRM, CCP or CEBS) certification preferred
- 5+ years of experience in Compensation in a US publicly traded small to mid-size organization
- Experience in a multi-state environment (including California) with exempt, non-exempt and union employees
- Sales compensation experience is a plus
- Experience with HRIS (Workday preferred), reporting and HR Analytics
- Knowledge of all pertinent federal and state regulations, filing and compliance requirements, affecting employee compensation programs
- Strong analytical skills and attention to detail
- Ability to ensure customer service and exercise discretion and professionalism when handling highly confidential and sensitive information
- Project Management skills with the ability to complete projects independently
- Highly proficient in Microsoft Office suite of products; Word, Excel, PowerPoint and HRIS (preferably Workday)
Benefits:
- Health, dental and vision plan options
- Spending and health savings accounts
- Employee assistance program
- Critical illness and accident insurance
- Life and disability insurance
- 401(k) Retirement with company match
- Paid time off
- Additional discount programs and benefits
- Identity theft protection
- Legal insurance
- Pet insurance
- Gym memberships
- Home and auto insurance
- Professional Development Opportunities
- Leadership development program
- Peer coaching
- Collaborative career development plans
- Training & development
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