Compensation Specialist | Onsite in Houston, TX

3 weeks ago


Houston, United States Vaco Full time

***Compensation Specialist***

***Onsite in Houston, TX - 77040***

Job Description:

As a Compensation Analyst, you will play a pivotal role in shaping our compensation strategy, ensuring that we attract, retain, and motivate top talent. You will collaborate with cross-functional teams, analyze compensation data, and provide insights to help drive informed decisions related to compensation and benefits. Your expertise will contribute to the overall success of our organization.

Responsibilities:

  • Data Analysis: Utilize advanced analytical tools and techniques to evaluate compensation data, market trends, and internal equity. Provide data-driven insights to inform compensation decisions.
  • Market Research: Conduct regular market research and benchmarking to ensure our compensation packages remain competitive within the industry and region.
  • Salary Structure: Assist in the development and maintenance of salary structures, pay scales, and salary ranges. Recommend adjustments as necessary.
  • Compensation Planning: Collaborate with HR and leadership to design and implement compensation programs and initiatives that align with the company's business objectives.
  • Job Evaluation: Evaluate job roles and responsibilities to ensure accurate job classifications and equitable pay practices.
  • Compensation Communication: Prepare and communicate compensation-related materials, including offer letters, compensation statements, and policies, to employees and management.
  • Compliance: Stay updated on federal and state regulations related to compensation and benefits. Ensure the organization's practices are compliant with relevant laws.
  • Performance Management: Assist in integrating compensation and performance management processes to support employee development and engagement.
  • Data Integrity: Maintain data integrity and accuracy in compensation databases and systems.

Minimum Requirements:

  • Bachelor's degree in human resources, Business, or a related field.
  • Minimum of 3 years of experience in compensation analysis or a related HR role.
  • Strong analytical skills with proficiency in data analysis tools and Excel.
  • Knowledge of compensation principles, including job evaluation, salary benchmarking, and incentive programs.
  • Familiarity with HRIS and compensation software.
  • Excellent communication and presentation skills.
  • Detail-oriented with a high degree of accuracy.
  • Ability to work independently and collaboratively in a team environment.


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