Supporting the development, implementation, and management of the company's compensation programs.
Analyzing compensation data, conducting market research, and ensuring that compensation practices are competitive and equitable.
Conducting analyses of compensation data to ensure internal equity and external competitiveness.
Performing market research and benchmarking, analyzing trends and providing recommendations based on industry data.
Assisting in developing, maintaining, and aligning job families, salary ranges, and pay structures with organizational goals and market practices.
Preparing and maintaining accurate reports and data on compensation metrics, trends, and comparisons, ensuring data integrity across systems.
Ensuring compliance with federal, state, and local regulations, monitoring changes and implementing necessary adjustments.
Supporting the design, management, and evaluation of incentive and bonus programs, recommending improvements.
Providing guidance and responding to employee and management inquiries on pay structures, adjustments, and incentive programs with clear communication.
Identifying and implementing process improvements to enhance the efficiency and effectiveness of compensation operations.
Collaborating with HR, finance, and other departments to align compensation practices with organizational objectives.
Requirements
Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field or an equivalent combination of education and experience.
Professional certification in compensation (e.g., CCP
Certified Compensation Professional) is a plus but not required.
Minimum of 2 years of experience in compensation analysis or a related field.
Strong understanding of compensation principles, practices, and regulations.
Proficiency in compensation software and tools (e.g., PayScale, MarketPay, Compensate).
Experience with Workday HCM, particularly in compensation and/or benefits modules; Workday implementation experience is a plus.
Knowledge of total rewards programs, including benefits, wellness, and perks, with the ability to integrate these into broader compensation strategies.
Excellent analytical skills with the ability to interpret complex data and provide actionable insights.
Strong communication skills, with the ability to present data and recommendations clearly to management and stakeholders.
High level of integrity and discretion when handling confidential information.
Ability to work independently and as part of a team, managing multiple priorities in a dynamic environment.