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Compensation Partner

Compensation Partner

Northwest BankErie, PA, United States
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Job Description

The Compensation Partner designs, establishes, and assesses Northwest's organizational structure, career

framework, job roles and essential functions, and pay structure. The Compensation Partner collaborates with

management to assess the department's roles, responsibilities, and talent needs. Functions of this role include,

but are not limited to creating and maintaining Northwest's career framework, grading structure(s), and job

descriptions, market pricing, compensation survey participation, and org chart creation and maintenance.

Essential Functions

Partner with department leadership to ensure that the organizational structure, job roles and essential

functions, and pay structure align with company strategies

Enhance, design and refine the organizational structures, job descriptions, and career frameworks for each

department by leading the design, developing and recommending options by providing modeling and

analysis, and providing relevant market data to support the decision-making process

Assist with continuing to evolve an equitable compensation system across Northwest including the review of

career levels, evaluation criteria, job families, job titles, and job descriptions

Assist leaders with mapping out team expansion and suggest areas of improvement while aligning employees'

skills with Northwest's needs

Assist with the creation of career development plans that focus on the growth within the employee's current

and future roles

Maintain knowledge and expertise on compensation trends

Assess competitive labor market trends and the market environment to ensure competitive pay practices are

in place that also support Northwest's pay philosophy and recommend changes as necessary

Identify and research changing compensation laws and provide recommendations on next actions

Analyze compensation policies, government regulations, and prevailing wage rates to assist with the

development of a competitive pay structure and career path opportunities

Manage external vendor relationships as required to support the compensation area's needs

Perform cost analysis or modeling of potential outcomes due to market pricing or pay equity review

Assist with maintenance of compensation guidelines by writing and updating pay policies, procedures, and

structures

Resolve employee questions and problems by interpreting policies and procedures

Work with HR business partners as well as external business partners to address compensation related issues

Create additional training related materials to foster a greater understanding of various components of the

compensation area

Assist with other components of compensation as needed including Equity Programs, bonus payments, merit

increase cycle, etc.

Ensure compliance with Northwest's policies and procedures, and Federal / State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department in order

to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Education and Qualifications preferred

Bachelor's degree

5-6 years of experience in Human Resources

5-6 years of experience with Compensation Administration with a focus on organization design, career framework, and job descriptions

This position is performed onsite Monday - Thursday with Friday as an optional work from home day.

#LI-EK1

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

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Compensation Partner • Erie, PA, United States

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