Compensation Specialist

Description:

• Establish strong team member relations, at all levels and provide support for people development, coaching and mentoring with a focus on teamwork and inclusion

• Collaborate with international team members or other customers

• Collect and analyze data from market-based compensation surveys, use spreadsheet and data analysis techniques to assess results and determine market trends.

• Design, implement, and administer compensation and benefit programs

• Develop a consistent compensation philosophy in line with work culture and organizational objectives

• Ensure that compensation and benefit programs are 100% legally compliant, competitive, and support business objectives

• Support business objectives through continuous evaluation and implementation of comprehensive strategies that enable the company to recruit, retain and engage team members at all levels of the organization

• Monitor, measure, analyze and support all compensation program activities with continuous improvement (Kaizen) in mind

• Manage outsourced vendor relationships and complete appropriate problem solving and performance measurement to achieve plan administration compliance

• Prepare and deliver management and team member communications along with executive summaries of plan performance and demographic metrics

• Complete ad hoc requests or special projects as directed

• Collaborate effectively across all internal teams to ensure effective support for and input from team members at all levels of the organization

• Participate in salary and hourly labor market surveys to determine prevailing pay rates and benefits

• Serve as a communication window regarding significant compensation and benefit issues

• Performs other related duties as assigned by the department

• Ability to work outside of typical business hours and travel as needed (domestically and internationally)

Additional Skills & Qualifications:

• 3 years of relevant experience

• ERISA knowledge

• Understanding of laws and regulations governing labor relations, employee treatment and wage and hours (ADA, EEOC, FMLA, OSHA, etc.)

• Proficiency with mathematical and statistical application analysis tools

• Extensive knowledge of quantitative and qualitative research methods

• Strong verbal and written communication skills with the ability to interact with upper management

• Ability to handle and maintain highly confidential information

• Demonstrated proficiency in Microsoft Office Suite of Products

Must Haves:

- Bachelor’s degree in Business Administration, Human Resources, Finance, or related field

- 3 years of relevant experience with compensation and HRIS Systems (Workday, SAP, Peoplesoft, ADP)

-Automotive industry experience

- Be able to do research and analysis of market data and trends.

- Experience leading efforts around market pricing, annual compensation cycles, compensation plan/structure design, and survey submissions

- Know how to look at data points and make decisions based on them.

- Must be able to organize data in a meaningful way. The ability to distill large and complex data sets into digestible, relevant points supporting recommendations.

- Analytical, communication, critical thinking, and problem-solving skills are vital to this position.

- Knowledge of current laws and regulations related to compensation.

- Advanced Excel skills

About Actalent

Actalent is a global leader in engineering and sciences services and talent solutions. We help visionary companies advance their engineering and science initiatives through access to specialized experts who drive scale, innovation and speed to market. With a network of almost 30,000 consultants and more than 4,500 clients across the U.S., Canada, Asia and Europe, Actalent serves many of the Fortune 500.

Diversity, Equity & Inclusion

At Actalent, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:

• Hiring diverse talent
• Maintaining an inclusive environment through persistent self-reflection
• Building a culture of care, engagement, and recognition with clear outcomes
• Ensuring growth opportunities for our people

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email actalentaccommodation@actalentservices.com for other accommodation options.

Salary : $90,000 - $120,000