Compensation Specialist

Compensation Specialist

Summary/objective The Compensation Specialist will support activities to develop, implement, and administer compensation policies and programs designed to attract, retain, and motivate high quality employees and continue supporting the company's profile as a Great Place to Work. We are seeking enthusiastic candidates who love to work in a fast-paced environment. Core Job Dutie Assist in the process of reviewing jobs for content and prepares job descriptions reflecting job responsibilities, activities, duties, and requirements.

• Participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position.
• Provide support in the planning, development, implementation, training, administration, and reporting of compensation programs, policies, and procedures.
• Process wage and salary changes resulting from merit increases, promotions, market adjustments, or other job changes, and review proposed adjustments for conformance to established guidelines, policies, and practices.
• Review requests for new or revised classifications to determine appropriate salary grade assignment and FLSA exemption status. Prepare research and create ad-hoc reporting and analysis related to compensation programs and policies, including incentive compensation, bonus plans, sales compensation, or other total rewards.
• Participate in the development and delivery of training regarding administration of compensation programs, policies, and procedures.
• Maintain and update compensation databases, coordinate with HCM Specialist regarding programming and data integrity, and make recommendations for system enhancements.
• Review existing and proposed statutory requirements governing compensation administration and recommend appropriate courses of action.
• Provides support on activities and tasks related to mergers & acquisitions
• May perform other duties as assigned. Job Complexity Applies acquired job skills and company policies and procedures to complete assigned tasks.
• Interaction Works on assignments that are semi- routine in nature but recognizes the need for occasional deviation from accepted practice. Supervision Normally follows established procedures on routine work, requires instructions only on new assignments. Work may be spot- checked in progress and upon completion

Experience Typically requires a minimum of 1 - 3 years of related experience. Scope N/A Discretion N/A Minimum Qualifications

Bachelor's degree or equivalent years of applicable experience.

1+ years of related compensation experience, including, but not limited to the following areas: market analysis, job analysis, sales compensation, equity programs, incentive plan design and administration.

Advanced MS Excel skills in financial modeling.

Strong MS Office – PowerPoint and Word. Strong mathematical acuity to understand appropriate calculations to use and spot discrepancies in data and logic, and for setting up plan costing models. Ability to gather and analyze statistical data and generate reports. Knowledge of federal and state wage and salary laws and regulations.

Knowledge of human resources laws, regulations, and best practices.

Skilled in analyzing and evaluating job content and writing accurate job descriptions.

Strong analytical and problem-solving skills to identify and analyze problems in depth and determine subtle relationships among data from various sources.

Ability to work independently and use sound judgment in decision making; demonstrating consistent logic, rationality, and objectivity.

Must demonstrate creative abilities to generate new approaches to problems and innovative solutions.

Must possess conceptual ability to deal effectively with abstract conceptual matters, not just tangible issues.

Demonstrates initiative and sense of urgency in finding ways to resourcefully overcome challenges and re-stimulate projects.

Plans, organizes, schedules in an efficient and productive manner – focusing on key priorities. Ability to juggle multiple projects. Highly effective oral communication skills in one to one, in small groups, and in "public-speaking" situations.

Highly effective written communication. Possesses utmost integrity and ability to maintain confidentiality. Physical Demands Prolonged periods of sitting at a desk and working on a computer. Must be able to lift up to 15 pounds.

Travel Required

Yes, up to 15% domestic travel may be required.

Work Authorization

Employee must be legally authorized to work in the United States.

FLSA Classification Exempt

About isolved isolved is an employee experience leader, providing intuitive, people-first HCM (Human Capital Management) technology. Our solutions are delivered directly or through our partner network to more than five million employees and 145,000 employers - who use them every day to boost performance, increase productivity, and accelerate results while reducing risk. Our HCM platform, isolved People Cloud, seamlessly connects and manages the employee journey across talent management, HR & payroll, workforce management and engagement management functions. No matter the industry, we help high-growth organizations employ, enable and empower their workforce by transforming employee experience for a better today and a better tomorrow. For more information, visit www.isolvedhcm.com. isolved is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. isolved is a progressive and open-minded meritocracy. If you are smart and good at what you do, come as you are. Visit www.isolvedhcm.com/careers for more information regarding our incredible culture and focus on our employee experience. Visit www.isolvedeebenefits.com for a comprehensive list of our employee total rewards offerings.