Senior Compensation Specialist
2 months ago
Why Valvoline Global Operations?
Valvoline Global is a worldwide leader in automotive and industrial solutions, creating future-ready products and best-in-class services for partners around the globe. Established in 1866, we introduced the world's first branded motor oil, claiming our position as The Original Motor Oil.
As an affiliate of Aramco, one of the world's largest integrated energy and chemicals companies, we continue to invest strategically and expand globally, driving unparalleled product innovation and sustainable business solutions.
Our corporate values of care, integrity, passion, and excellence shape everything we do. Living out our values is what makes our company, our employees, our partners, our customers, and the communities we serve great.
When you join Valvoline Global, you join a culture that is committed to: treating all people with care, operating with integrity, striving for excellence in everything we do, and showing passion about delivering on our commitments.
*Valvoline Global Operations Headquarters is located in Lexington, KY. We prefer local candidates willing to work an in-office work schedule (3 days per week). We are also open to candidates living in nearby markets (i.e. Cincinnati and Louisville), willing to visit HQs 1x per week.
Careers for the Driven
Valvoline has a rewarding opportunity as a Senior Compensation Specialist. We whole-heartedly adopt a 'never idle' mindset. We also know that outstanding service begins and ends with our employees. So, we're looking for good people to join our team. You bring your skills, talents, and drive. We will give you a great place to work, a competitive salary and benefits, and the resources and support to develop and advance within our global company.
How You'll Make an Impact
The Senior Compensation Specialist will ensure current compensation practices are in line with the Company's compensation philosophy by developing, coordinating, and administering compensation programs. Responsibilities include performing analysis of both internal and external data, analyzing trends and marketplace information, implementing, administering, and developing base and variable pay compensation programs. Partners and collaborates with HR Center of Expertise, Country HR Leads and HR Business Partners to understand and execute job evaluation strategy and compensation programs by providing support and advice for compensation related issues. Acts as the subject matter expert by understanding and identifying business needs and addresses them by conducting analyses, creating and implementing innovative solutions to address key findings and remedy problems.
In the role, you would be responsible for:
- Conducts compensation analysis and market pricing of roles to proactively ensure the Valvoline Global's pay practices are competitive. Modifies compensation structures and conducts equity analysis of roles in response to changing organizational needs, market values and geographic differentials. Manages global compensation projects, pay equity, and survey management.
- Ensures job development follows career framework/architecture including the development of job descriptions and maintaining of systems. Partners with Human Resources and Business Leaders on the program. Assists in the development and maintenance of job descriptions, ensuring job responsibilities, scope and qualifications are accurately reflected. Partners with Human Resources to train on effective use of career framework/architecture and compensation offerings. Evaluates new job requests to identify alignment with existing jobs or determine need for new job including a review of existing structure as well as a market analysis and determination of FLSA status.
- Manages annual pay programs including annual pay cycle and short-term incentive process.
- Participates in salary surveys and analyzes results to determine organization's market relationship including administration of compensation systems and tools. Researches and responds to questions, interprets policies, and assists with review of compensation issues. Performs ad-hoc analysis as needed.
- Collaborates with HRIS to ensure the integrity of employee and job data within HRIS system. Modifies and creates custom reports in HRIS system as needed. Liaises with HRIS to configure compensation-related business processes. Creates and updates compensation matrix/grids for incentive plans based on the business needs. Keeps abreast with compensation trends and changes and ensures Valvoline Global is aligned to any compensation changes e.g. FLSA, minimum wages, etc.
- Bachelor's degree in human resources management, Business, Accounting, Finance or other related degree.
- Minimum of four years of strong compensation experience directly related to the administration of compensation programs.
- Thorough knowledge of compensation practices and processes. Solid understanding of state and federal laws and regulations relating to compensation.
- Strong quantitative and analytical skills and a detailed knowledge of compensation administration.
- Ability to communicate optimally with internal and external customers of all levels, including executives.
- Strong project management and proficient presentation skills.
- Ability to organize and maintain a high level of objectivity and confidentiality. Proficient with Microsoft Excel, Word, PowerPoint, Outlook; Strong Excel skills (v-look-ups, pivot tables).
- Applied advanced knowledge and expertise of Compensation principles and best practices Advanced data analysis and spreadsheet skills.
- Strong communication and presentation skills.
- Excellent analytical and problem-solving skills.
- Demonstrates independent thinking and decision-making abilities.
- Experience in a customer-facing, business partner role.
- Outstanding attention to detail and ability to organize work.
- Initiative and team-oriented mindset require.
- Excellent written and verbal communication skills. Excellent interpersonal skills; able to build strong business relationships with internal customers, external agencies, and vendors.
- Must be authorized to work in the U.S.
- CCP preferred.
- Experience in compensation, HRIS, SuccessFactors, MarketPay or WTW Compensation Software a plus.
- Experience leading merit cycle process.
- Health insurance plans (medical, dental, vision)
- HSA and flexible spending accounts
- 401(k)
- Incentive opportunity*
- Life insurance
- Short and long-term disability insurance
- Paid vacation and holidays*
- Employee Assistance Program
- Employee discounts
- Tuition reimbursement*
- Adoption assistance*
Valvoline provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Are you good at what you do? Join us.
The Company endeavors to make its recruitment process accessible to any and all users. Reasonable accommodations will be provided, upon request, to applicants with disabilities in order to facilitate equal opportunity throughout the recruitment and selection process. Please contact Human Resources at 1-800-Valvoline or email 1-800V[redacted] to make a request for reasonable accommodation during any aspect of the recruitment and selection process. The contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.
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