Compensation Strategist

2 weeks ago

St Louis MO USA, United States Team D3 Full time
Job Title: Compensation Manager

At Team D3, we are seeking a highly skilled Compensation Manager to oversee our organization's compensation programs, ensuring they are competitive, fair, and aligned with our strategic goals.

Key Responsibilities:

  • Compensation Strategy Development:
    • Design and implement comprehensive compensation strategies that align with organizational objectives.
    • Develop and maintain salary structures, job classifications, and pay scales.
  • Performance Management Support:
    • Collaborate with management to develop and maintain compensation programs and individual plans with performance management systems.
  • Budget Management:
    • Work with the finance department to manage the compensation budget.
    • Ensure compensation practices are cost-effective and within budget.
  • Data Analysis and Reporting:
    • Analyze compensation data and prepare reports for senior management.
    • Provide recommendations based on data analysis and research.
  • Employee Communication:
    • Communicate compensation policies and procedures to employees and management.
    • Address employee inquiries regarding compensation matters.
  • Training and Development:
    • Provide training to HR staff and management on compensation-related topics.
    • Stay current with compensation trends and best practices through continuous learning and professional development.
  • Market Analysis:
    • Benchmark company compensation against industry standards and trends.
  • Policy and Procedure Management:
    • Develop, implement, and maintain compensation policies and procedures.
    • Ensure compliance with federal, state, and local compensation laws and regulations.

Requirements:

  • Education:
    • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
  • Experience:
    • Minimum of 5 years of experience in compensation management or a related field.
    • Proven track record in developing and implementing compensation strategies and plans.
  • Skills:
    • Ability to understand the organization's business model and align compensation strategies with business goals.
    • Strong financial acumen and understanding of budgeting and financial analysis.
    • Strong analytical and problem-solving skills.
    • Excellent communication and interpersonal skills.
    • Detail-oriented with strong organizational skills.
    • Ability to handle confidential information with integrity and professionalism.
    • Business acumen and strategic thinking.

Team D3 is an equal opportunity employer and welcomes applications from diverse candidates.

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