2 Compensation Specialist Jobs in White Plains, NY
LanceSoft Inc is Hiring a Compensation Specialist Near White Plains, NY
Summary
- Responsible for assisting with the planning and design and implementation and administration of compensation programs that attract, retain, motivate, and reward employees while ensuring internal equity, external competitiveness, and compliance.
- Provides support and administration of compensation programs, including salary programs, annual compensation review; compensation analyses; benchmarking of roles; maintaining and updating position descriptions, and conducting job evaluations.
- Maintain knowledge of trends and legislative issues affecting compensation.
Responsibilities
- Support the implementation of the company's compensation philosophy, strategy, policies, and programs.
- Recommend changes to compensation policies & procedures.
- Administer the annual compensation review process including market pricing, review of job title, and description.
- Administer annual merit increase program, coordinating data with HRIS and management; ensuring adherence to policy, and generating summary reports for senior management.
- Administer additional compensation programs (stipends, incentive pay, etc.) ensuring adherence to policy and generating summary reports for senior management.
- Review changes in wages and salaries for conformance to policy.
- Evaluate positions and application of existing classifications to individuals.
- Conduct job evaluations for salaried, hourly, middle, and top management positions for assigned business units.
- Handle new or changed position requests which fall outside of the annual compensation review process for assigned business units.
- Coordinate and participate in annual salary and pay practices surveys.
- Consolidate information for submission to assigned surveys and follow up on requests from providers.
- Provide an overview of market trends and best practices from various survey sources.
- Counsel and communicate with managers and staff on compensation policies and procedures to ensure smooth operation of compensation initiatives.
- Supports other members of the Human Resources team as needed to complete projects and keep others informed.
Knowledge, Skills, and Abilities:
- Knowledge of compensation, performance, motivation, and rewards programs
- Knowledge and experience participating in compensation salary surveys.
- Strong analytical and quantitative skills.
- Good research skills in a variety of mediums to remain up to date on compensation surveys, trends, and laws.
- Current knowledge of human resources areas required (including Federal and state employment laws, FLSA, ADA, EEO, compensation, etc.)
- Good written, verbal, and presentation skills required.
- Strong Excel skills required.
- Knowledge of and experience in using Microsoft Office programs (Word, PowerPoint, Outlook, Access).
- SAP Personnel and SuccessFactors Compensation Module experience preferred.
- Familiar with compensation survey management tools required, Kenexa’s CompAnalyst preferred.
- Ability to work with all levels of the organization.
- Good organizational and time management skills required.
- Demonstrated flexibility and ability to handle multiple tasks simultaneously.
- Strong attention to detail required.
- Ability to observe confidentiality required.
Education, Experience, and Certifications
- Bachelor’s degree.
- Minimum seven (7) years’ experience working in a compensation role required.
- Certified Compensation Professional (CCP) designation preferred.
- Experience with technical industry preferred.
- Experience as an HR generalist or working with multi-site setting preferred.
Physical Requirements
- Ability to sit at a desk and use a computer and telephone.
- Minimal travel primarily within NY State
EEO Employer - Minorities/ Females/ Disabled/ Veterans/ Gender Identity/ Sexual Orient
Job Summary
Full Time
Business Services
$120k-146k (estimate)
05/25/2024
11/28/2024
lancesoft.com
HERNDON, VA
500 - 1,000
2000
Private
DIVYA GANDHI
$200M - $500M
Business Services
Related Companies
About LanceSoft Inc
LanceSoft is a provider of application development, management outsourcing and data-warehousing services to the aerospace and automotive sectors.
The job skills required for Compensation Specialist include HRIS, Job Evaluation, Market Pricing, Benchmarking, Microsoft Office, Presentation, etc. Having related job skills and expertise will give you an advantage when applying to be a Compensation Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Compensation Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Compensation Specialist positions, which can be used as a reference in future career path planning. As a Compensation Specialist, it can be promoted into senior positions as a Compensation Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compensation Specialist. You can explore the career advancement for a Compensation Specialist below and select your interested title to get hiring information.
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