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The Compensation Specialist will be responsible for the administration of compensation and benefit programs. This includes coordinating with vendors, managing contracts and vendor agreements, and overseeing audits related to employee benefits.
The ideal candidate will have a deep understanding of pay structures, salary bands, and market analysis. They will assess jobs and their duties to determine classification as exempt or nonexempt and appropriate salary range.
Key Responsibilities:
- Compensation data benchmarking and market analysis
- Participating in compensation surveys to gather industry insights
- Supporting organization-wide compensation needs and objectives
- Leading the annual merit plan process and bonus planning
Additional responsibilities include ensuring compliance with pay equity changes, completing EEO1 surveys, and maintaining accurate records in the HR system.
Skills and QualificationsThe successful candidate will possess excellent analytical skills, with the ability to interpret complex data and make informed decisions. They will also have strong communication and interpersonal skills, with the ability to collaborate effectively with stakeholders.
In addition, they will have a solid understanding of employment laws and regulations, including those related to pay equity and diversity.
BenefitsThis role offers a competitive salary and benefits package, including opportunities for professional growth and development.
