Compensation Strategist
8 hours ago
The Compensation Consultant plays a pivotal role in designing, administering, and supporting compensation department programs, projects, and initiatives that align with business strategies and talent objectives. This role requires a deep understanding of core finance and accounting principles, as well as strong knowledge of compensation concepts and methodologies.
Key Responsibilities- Conduct complex analysis and data modeling to evaluate compensation programs and address business needs.
- Monitor the effectiveness of existing plans, policies, processes, guidelines, and procedures, recommending new plans consistent with business needs and compensation trends.
- Assist with the design, preparation, and maintenance of compensation models.
- Partner with HR Communications to create communication plans and strategies to support compensation programs and initiatives.
- Support the year-end compensation process and the training/communications requirements of compensation programs.
- Serve as a consultative partner and resource on complex compensation-related projects with business stakeholders.
- Identify the appropriate course of action on compensation projects and tasks, ensuring timely resolution of issues and delivery of work product.
- Play a key role in the development, implementation, and administration of salary structures, geographic differentials, incentive plans, merit increases, salary surveys, program communication/education, and functional audits.
- Work proactively to ensure clear communication of programs and compensation activities company-wide, consistently obtaining necessary alignment from stakeholders.
- Participate in cross-functional team projects as necessary, supporting ad hoc project/analysis requests.
- Partner with the HR Technology team to ensure the HRMS system meets compensation needs and is updated to reflect compensation changes.
- Conduct compensation benchmarking and generate compensation recommendations for broad-based and executive-level positions.
- Perform job evaluations, reviewing job descriptions and providing recommendations on job levels and grading.
- Organize and maintain compensation files and records.
- Coordinate with functional areas and other HR centers of excellence on compensation matters.
- Serve as an auxiliary resource for the administration and management of the company's long-term incentive program and other compensation programs, as required.
- Participate in the ongoing evaluation of current processes and procedures.
- Remain informed of emerging compensation trends and regulations.
- Bachelor's degree in Human Resources or a related field.
- 7+ years of experience in compensation administration.
- 3+ years of experience in project management.
- Ability to maintain confidentiality and adhere to the highest degree of professional standards.
- Ability to influence others.
- Ability to analyze and interpret data.
- Ability to handle multiple projects and tasks.
- Ability to maintain confidentiality of information.
- Ability to make decisions and solve problems while working under pressure.
- Ability to prioritize and organize effectively.
- Knowledge of compensation administration.
- Knowledge of Fair Labor Standards Act and Employment laws.
- Demonstrated knowledge of compensation fundamentals, including design principles, administration, and strategic planning.
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Compensation Strategist
1 day ago
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Compensation Strategist
1 month ago
St Louis, Missouri, United States Spectrum Full timeAbout the RoleThe Compensation Strategist at Spectrum designs, administers, and supports compensation department programs, projects, and initiatives that are competitive and align with business strategies and talent objectives. This role conducts data reporting and analytics and generates insights and recommendations from such analysis to inform and educate...
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Compensation Strategist
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St Louis, Missouri, United States Spectrum Full timeCompensation Consultant Job DescriptionThe Compensation Consultant plays a pivotal role in designing, administering, and supporting compensation department programs, projects, and initiatives that align with business strategies and talent objectives. This role requires a deep understanding of core finance and accounting principles, as well as strong...
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Compensation Strategist
1 month ago
St Louis, Missouri, United States Spectrum Full timeCompensation Consultant RoleThe Compensation Consultant plays a pivotal role in designing, administering, and supporting compensation department programs, projects, and initiatives that are competitive and aligned with business strategies and talent objectives.Key ResponsibilitiesConduct data reporting and analytics to generate insights and recommendations...
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Compensation Strategist
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St Louis, Missouri, United States Spectrum Full timeCompensation Consultant Job DescriptionOverviewThe Compensation Consultant plays a critical role in designing, administering, and supporting compensation department programs, projects, and initiatives that align with business strategies and talent objectives.Key ResponsibilitiesConduct data reporting and analytics to generate insights and recommendations for...
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