Job Description
Your role in our mission
• Serves as a compensation consultant to HR partners and management regarding compensation policies, programs and issues. May be a team lead for a practice area or unit within Compensation. Performs more complex analyses of jobs, wages, salaries and organizational structures to evaluate and ensure internal equity, external competitiveness and legal compliance of the unit's pay practices. Recommends and implements changes to salary ranges, budgets and/or policies.
• Considers internal and external factors and overall strategic plan. Designs and recommends variable compensation programs such as bonus plans, incentive compensation and sales compensation to management to meet the needs of the business unit and/or organization.
• Ensures plans are competitive while within the budgetary constraints and overall compensation strategy of the organization.
• Participates in the annual performance review and merit increase process. Develops program materials and counsels unit management on distribution of dollars based on performance reviews and addresses compensation related concerns.
• Reviews recommended salary adjustments for conformance to established guidelines, policies and practices. Approves and processes adjustments within established level of approval.
• Oversees and/or prepares compensation reports, programs and other initiatives and presents findings/recommendations to HR partners or management.
• Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action. Provides leadership and work guidance to less experienced personnel.