Compensation

Overview

Responsible for supporting the administration and implementation of the company’s compensation programs. Conducts compensation analyses;

prepares and maintains written job descriptions; completes job evaluations, including market pricing; and assists with salary and incentive plan administration.

Responsibilities

Compensation Administration and Implementation :

• Completes and maintains salary survey data
• Evaluates jobs, prepares market reference ranges; documents responsibilities in job descriptions; responds to inquiries regarding job evaluations, market reference ranges and market competitiveness
• Supports the annual increase processes for the organization
• Assists with incentive plan administration, including development and implementation across the organization, calculation of monthly, quarterly, and annual incentives
• Collaborate with Finance to ensure accruals are established for incentive plan payouts
• Develop and maintain compensation databases, market reference range database, etc.
• Supports update and maintenance of data within HRIS system related to compensation
• Assists with modeling, costing and analysis of compensation programs; prepares metrics regarding the same
• Participates in special projects as needed, including acquisitions / affiliations
• Assists in creation and maintenance of employee recognition and reward programs

Qualifications

EDUCATIONAL REQUIREMENTS :

• Bachelor’s degree in HR related field
• Two to four years of experience administering compensation programs
• Proficient with Microsoft Office products including Excel, Word, PowerPoint. Etc.

GENERAL KNOWLEDGE, SKILLS & ABILITIES :

• Knowledge of all pertinent federal and state regulations, filing and compliance requirements affecting compensation programs
• Must be able to research and handle confidential information in a discretionary fashion
• Knowledge of plan documents and administrative procedures to ensure compliance within federal and state regulations
• Demonstrated analytical skills
• Strong written and verbal communications skills required
• Excellent customer service and interpersonal skills
• Excellent technical skills with working knowledge and understanding of HRIS systems; compensation and benefits administration systems
• Knowledge and ability to research updates surrounding benefits and compensation
• Attention to detail to ensure accuracy and integrity of personal and company data
• Work style : has a high bias for action, is highly organized, and able to focus on results even within a fluid working environment

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