Global Compensation Specialist

1 day ago


Bristol, Connecticut, United States Barnes Inc. Full time

Barnes Inc. Overview

Barnes Inc. is a forward-thinking organization that prioritizes innovation and collaboration. Our goal is to leverage specialized skillsets to drive growth and capitalize on new opportunities in a digital world.

Job Summary

We are seeking a detail-oriented and collaborative compensation professional to join our Total Rewards Team as a Global Compensation Analyst. This role will play a critical part in developing, implementing, and administering the day-to-day operations of our compensation programs.

Key Responsibilities

  • Participate in the administration of our global compensation programs, including annual salary planning, short-term, sales, special, and long-term incentive plans, by maintaining all data eligibility files, leading Compensation Management system configuration, creating process trainings and communications, liaising with HR teams and external vendors, and preparing reports and analysis for Senior Leadership.
  • Complete annual external salary surveys to ensure we remain competitive in the market.
  • Conduct salary analyses, job evaluations, and competitive market pay comparisons to identify trends and make compensation recommendations.
  • Lead day-to-day administration and quarterly reporting requirements for our global Rewards & Recognition Program.
  • Maintain our department's SharePoint site with compensation reference materials and library of global job descriptions and job codes.
  • Complete data audits and support data integrity processes to ensure data accuracy and integrity in our HRIS system.
  • Support Manager, Global Compensation with ad hoc compensation analyses and projects.
  • Support monthly compensation departmental invoice reconciliation and processing.

Requirements

  • 3+ years of compensation administration experience.
  • Experience working in a global and multi-site organization.
  • Working knowledge of job grading structures and compensation strategies, familiarity with various types of incentive programs.
  • Detail-oriented with excellent organization and time management skills.
  • Analytical, problem-solving, and decision-making skills to develop innovative compensation solutions.
  • Exceptional communication skills; both verbal and written.
  • Advanced Excel and MS Office skills; Experience with HRIS system reporting and Compensation Management tool (UKG Pro, HRSoft experience a plus).
  • Must be discrete and maintain the highest confidentiality with extremely sensitive data.

Education Requirements

  • Bachelor's degree in Human Resources, Finance, Business Administration, or a related field.

Estimated Salary: $85,000 - $110,000 per year



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