Senior Classification and Compensation Specialist
2 weeks ago
PCG International Inc. is a forward-thinking and technology-oriented organization that collaborates with health, education, and human services sectors to enhance lives. We are currently seeking a professional Senior-Level Classification and Compensation Analyst.
The ideal candidate will be tasked with the evaluation, analysis, and implementation of classification and compensation frameworks within the organization. The primary objective is to ensure accurate categorization of job roles, appropriate grading, and fair, competitive compensation.
Key Responsibilities:
- Job Classification: Classify various job roles within the organization by assessing job duties, responsibilities, qualifications, and complexity. This includes developing job descriptions, determining job levels or grades, and establishing consistent job titles.
- Compensation Analysis: Conduct comprehensive analyses of compensation data to establish suitable salary ranges for different job classifications. This involves researching industry benchmarks, evaluating market trends, and considering internal equity and organizational budget constraints.
- Benchmarking: Compare the organization’s compensation and benefits offerings with those of other employers in the industry to ensure competitiveness and alignment with market standards.
- Compensation Planning: Assist in the development and implementation of compensation strategies and policies, including pay structures, incentive programs, and performance-based compensation systems.
- Compliance: Ensure that compensation practices adhere to relevant laws and regulations, such as the Fair Labor Standards Act (FLSA), Equal Pay Act, and other federal, state, and local regulations governing compensation and classification.
- Job Evaluation: Evaluate the relative worth of different job positions within the organization, taking into account factors such as job complexity, skill requirements, and market demand.
- Communication and Documentation: Effectively communicate compensation policies and practices to employees and stakeholders, while maintaining accurate records of job classifications, salary structures, and compensation decisions.
Requirements:
- Education: A bachelor’s degree in Human Resources, Business Administration, Industrial/Organizational Psychology, Finance, or a related field is typically required. Some employers may prefer candidates with a master’s degree or specialized certification in compensation management, human resources, or a related field.
- Analytical Skills: Strong analytical skills are essential for analyzing compensation data, conducting benchmarking studies, and formulating compensation recommendations. Proficiency in data analysis tools such as Excel, SPSS, or statistical software is often required.
- Communication Skills: Excellent verbal and written communication skills are necessary for effectively engaging with stakeholders, preparing reports and presentations, and drafting job descriptions. The ability to convey complex information clearly and concisely is important.
- Attention to Detail: Attention to detail is crucial for accurately classifying jobs, analyzing compensation data, and documenting processes. Even minor errors in classification or compensation calculations can have significant implications.
- Project Management Skills: The ability to manage multiple projects simultaneously, prioritize tasks, and meet deadlines is important in roles that involve developing compensation structures, conducting analyses, and implementing process improvements.
- Knowledge of Employment Laws and Regulations: Familiarity with relevant federal, state, and local employment laws and regulations, such as the Fair Labor Standards Act (FLSA), Equal Pay Act, and relevant anti-discrimination laws, is essential for ensuring compliance in compensation and classification practices.
- Teamwork and Collaboration: The ability to work effectively as part of a team, collaborate with colleagues across departments, and build positive working relationships is important for success in this role.
- Integrity and Confidentiality: Given the sensitive nature of compensation data and decisions, a high level of integrity and the ability to maintain confidentiality is essential.
- Certifications: Professional certifications such as Certified Compensation Professional (CCP), Professional in Human Resources (PHR), or Senior Professional in Human Resources (SPHR) are often preferred and can demonstrate expertise and commitment to the field.
- Experience: Previous experience in compensation analysis, job classification, HR operations, or related fields is typically required. Experience working with compensation surveys, market data analysis, and job evaluation methodologies is highly desirable.
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Chicago, Illinois, United States PCG INTERNATIONAL INC Full timeJob OverviewPCG International Inc. is a forward-thinking and technology-oriented organization that collaborates with health, education, and human services sectors to enhance lives. We are currently seeking a Senior Classification and Compensation Analyst to contribute to our mission.The ideal candidate will play a pivotal role in assessing, analyzing, and...
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Chicago, Illinois, United States PCG INTERNATIONAL INC Full timeJob OverviewPCG International Inc. is a forward-thinking and technology-oriented organization dedicated to collaborating with health, education, and human services sectors to enhance lives. We are currently seeking a Senior-Level Classification and Compensation Analyst to contribute to our mission.This role involves a comprehensive approach to evaluating,...
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