Performs advanced level analysis and administration of the company’s compensation programs. Manages compensation projects from inception to implementation. Compensation responsibilities include data analysis, policy review, geographic assignments, compensation tools/systems, annual merit cycles, queries, and reports.
- Participate in strategic and operational initiatives to enhance the compensation programs.
- Analyze compensation, market and other data and provide recommendations.
- Research external market trends, competition, business intelligence and other information to ensure that the compensation strategy remains competitive.
- Research internal data, market, and external information to make recommendations for existing or new compensation initiatives. Research and analyze compensation related issues.
- Develop and document compensation processes and practices and make recommendations to improve, consolidate, automate, and align.
- Provide advanced analysis and recommendations for HRMS implementation.
- Manage annual merit cycle for different non-exempt pay structures.
- Assist with the administration of the annual exempt merit and bonus program.
- Administer the annual hourly merit pay programs and make recommendations for enhancements.
- Develop, update, and distribute compensation communications to HR Managers and teammates.
- Develop, maintain, implement, and audit all compensation policies/programs to ensure compliance with federal and state regulations and internal policies. Evaluate state and local minimum wage laws and work with leaders to maintain compliance.
- Ensure that exempt, office, maintenance, and mechanic jobs have the appropriate market target based on geographic location.
- Test compensation programs in existing and new ERP systems and develop test scenarios to audit results.
Qualifications:
- Bachelor’s degree in business or a related field such as human resources, accounting, finance, or mathematics preferred.
- 3 or more years of advanced compensation analysis experience or equivalent.
- Ability to work collaboratively within team and with other business/human resource leaders.
- Experience with ERP implementation preferred.
- Advanced Microsoft Excel and Word skills are required.
- Ability to analyze and organize substantial amounts of data and make recommendations for solutions based on internal and external factors.
- Ability to manage assigned projects including fact-gathering, analysis, meeting deadlines, communication, training, implementation, and project completion evaluation.
- Strong project management, decision-making, problem solving and analytical skills.
- Knowledge of federal and state laws related to compensation and HR required.