Compensation Strategist

1 month ago

St Louis, Missouri, United States Build-A-Bear Full time
Job Summary

We are seeking a highly skilled Compensation Strategist to join our team at Build-A-Bear. The ideal candidate will have a strong background in compensation analysis and a proven track record of designing and implementing effective compensation programs.

The successful candidate will work closely with HR, Finance, and senior leadership to ensure that our compensation program is competitive, equitable, and aligned with our strategic objectives. They will be responsible for conducting regular assessments and analyses of our compensation programs, as well as developing and implementing strategies to improve our compensation practices.

Key Responsibilities

  • Design and implement a comprehensive compensation strategy
  • Regularly assess and analyze compensation programs
  • Conduct detailed analyses of internal and external compensation data
  • Benchmark compensation practices
  • Ensure accurate and equitable job classifications and salary structures via job evaluation
  • Administer salary administration programs, including merit increases, promotions, and adjustments
  • Manage the annual compensation review process
  • Provide guidance and support to HR Business Partners and managers on compensation-related matters
  • Develop and deliver communication materials and training programs for compensation-related topics
  • Ensure compliance with all applicable laws, regulations, and internal policies related to compensation practices, including FLSA, EEO, and pay equity
  • Identify and address potential compliance risks, and recommend appropriate actions to mitigate

Requirements

  • Bachelor's degree in Human Resources, Business Administration, Finance or a related field
  • 3+ years of experience in compensation
  • Strong analytical skills with the ability to interpret complex data sets and draw meaningful insights
  • Proficiency in compensation benchmarking methodologies and tools
  • Excellent communication and influential presentation skills
  • Demonstrated ability to manage multiple projects simultaneously and meet deadlines
  • Strong attention to detail and commitment to accuracy and data integrity

Preferred Qualifications

  • 5+ years of progressive compensation analysis and administrative experience
  • Proficiency in HRIS and compensation management systems (e.g., UKG, Workday, SAP SuccessFactors) is preferred
  • Professional certifications such as CCP
  • Master's Degree in HR or related field

Behavioral Traits for Success

  • An analytical, inquiring, and critical mind that solves complex problems
  • A knack for anticipating potential issues
  • Strong commitment to tasks being completed correctly and on time
  • Thrives in a structured environment
  • Enjoys accomplishing work as an individual
  • Can work harmoniously with others
  • Communication is factual, polite, and professional

Working Environment

  • Typical office environment with climate control and sufficient lighting, ergonomic desk/chairs
  • Corporate Office located St. Louis, MO
  • Domestic travel up to 10%

Your Performance Will Be Measured On

  • Decision making, judgment, and execution
  • Able to communicate complex issues in a clear and concise manner
  • Timeliness of project completion
  • Data accuracy and reporting
  • Stakeholder feedback

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