The Compensation Specialist is a key member of the team; will be responsible for supporting Total Rewards strategy and practices, including job pricing, survey participation, data management, as well as supporting compensation programs. The role will be responsible for working cross-functionally with our Business Partners, Recruiters, and finance teams to maintain company compensation programs.
Responsibilities :
- Work on varied assignments on organization's compensation and total rewards programs and policies and recommend improvements
- Serve as the primary point of contact for compensation questions, such as job pricing inquiries, requisition approvals, and data requests
- Participate in benchmarking exercise using a variety of external sources to ensure the competitiveness of pay practices
- Assist with total rewards programs and practices, such as equity, bonus programs, sales plans
- Participate in external salary surveys
- Collaborate with project teams and leadership to develop, educate, and deploy new compensation initiatives across the organization
- Maintain accurate HRIS compensation data and communicate changes to payroll
- Support annual compensation review process including ownership of the compensation cycle system
- Ensure company compliance with relevant laws and regulations
- Recommend actions to resolve compensation-related issues
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