Senior Compensation Specialist

Why is This a Great Opportunity?

An opportunity to work for a leader who is focused on team development and ensuring they have the resources necessary to do their role effectively.

A growing organization in the STL area that has a strong reputation for being associate focused.

Job Description :

Assist in the development of compensation programs in accordance with guidelines and policies and recommendations on compensation issues and proposals, including compensation program design, evaluation and analysis, cost projections, and communications

Responsible for ongoing compensation initiatives such as annual market review, salary planning, short term and long term incentive plans, and sales incentive plans through data collection / reporting, analysis, data management, transaction assistance, market research, and data integrity audits.

Ability to comprehend and apply broad company policies to individualized compensation issues

Administer various sales incentive plans by performing incentive calculations utilizing various data resources, including review of sales data, sales dispute resolution with managers, decision making and product assessment to arrive at determined conclusions, and providing reporting to individual sales team members, management, and Finance

Owns full life cycle of conducting job analysis, evaluation and salary administration to determine appropriate salary grades, ranges, and pricing based on internal and external equity

Work closely with HR business partners and Talent Acquisition teams on proposals for new hire offers, promotions, and adjustments

Deliver accurate, complete and timely submission of required reports, documentation, forecasts and analyses

Support industry market survey submission process as needed. Conduct and participate in compensation surveys

Review survey results and proactively provide the analysis of market trends and recommendations for any changes in our structure or individual adjustments based on the data

Provide market research when needed

Facilitates and manages the equity-based grants and awards processes

Develop documentation for compensation processes and procedures

Assemble and distribute recurring reporting for Finance and Compensation for proper accrual management and expense forecasting exercise

Design and prepare ad hoc compensation related reports

Work under limited supervision as a collaborative team member and independent contributor to support the Compensation and HR team

Work in conjunction with Payroll to research compensation and incentive payment issues

Research sales incentive payment discrepancies, resolve issues and communicate to sales organizations on matters such as sales plan interpretation and compliance with guidelines

Conduct ad-hoc analysis and modeling when appropriate

Leads or assists with review and implementation of HRIS compensation-related items in HR systems

Qualifications

Must be able to work in a fast-paced changing environment and be able to use independent judgment for decisions that may not be straightforward

Knowledge of compensation principals, programs, practices

Strong technical knowledge of excel required including development of spreadsheets with formulas, functions, pivot tables

Demonstrate advanced computer skills, incorporating the ability to effectively leverage technology

Ability to prioritize and handle multiple projects at once

Ability to handle sensitive HR information with high degree of confidentiality and discretion

Must be detail oriented with strong analytical skills and be able to present analytical data in an easily understandable format Supervisory Responsibilities

Qualifications :

Education and / or Experience

Bachelor’s degree in Business or Human Resources Management or equivalent experience; CCP a plus

A minimum of 3 to 5 years of experience in Human Resources and direct experience / exposure in compensation

Experience in banking or financial services industry is preferred

Experience with Workday is preferred . Computer and Software Skills

Microsoft office suite

Advanced Excel skills

SQL preferred but not required

Google Suite Experience (Docs, Sheets)

Salesforce experience preferred