What are the responsibilities and job description for the Senior Compensation Specialist position at Harbor?
Harbor is seeking a Senior Compensation Specialist to join our Talent Operations Team. As a Senior Compensation Specialist, you will be responsible for supporting the strategy, design, analysis and administration of Harbor’s global compensation programs, including base salary, bonus compensation and incentives, ensuring regulatory compliance and alignment with business goals. The ideal candidate is passionate about building a sophisticated and comprehensive HR infrastructure and Total Rewards program in a high growth entrepreneurial environment that feels like a start-up but at scale and with the stability of an established business. This is a remote position that can be worked from anywhere in the USA or Canada (EST and/or CST is highly preferred).
Responsibilities:
- Manages compensation data, providing data-driven insights to support decision-making and strategic planning.
- Provides insights into pay structures, fixed and variable pay, allowances and overall compensation practices across different regions.
- Conducts detailed pay gap analyses to identify disparities in compensation based on various metrics, demographics and regions; presents recommendations to address any gaps.
- In collaboration with the Learning & Development team, builds and maintains the job architecture to ensure a structured framework for organizing and defining jobs, responsibilities, skills, and career paths as well as associated compensation programs.
- Conducts market analysis, participates in salary surveys, and establishes salary structures using market data and internal benchmarks.
- Builds, configures, maintains and utilizes compensation software (i.e. Payfactors)
- Leads critical compensation processes, including salary reviews, adjustments and incentive calculations.
- Seeks continuous process enhancements and automation to improve organizational effectiveness.
- Ensures compliance with global compensation regulations and reporting requirements.
- Creates compensation and associated reports for audits, leadership team and business needs, as they arise.
- Completes audits and reconciliations between various systems to ensure compensation data accuracy.
- Assists with compensation and bonus calculations and allocations to provide monthly bonus accruals to finance.
- Ensures accuracy of compensation information within all systems
- Collaborates with the global payroll team to ensure accurate and updated data
Qualifications:
- Bachelor’s degree in related field or relevant experience.
- At least 5 years of hands-on compensation experience
- Experience building and maintaining a job architecture
- Proven knowledge and experience with global compensation policies and practices.
- Experience with HRIS systems and compensation modules/tools.
- Experience working in a fast paced, high growth, global organization.
- Professional Services experience desired.
- Must be organized, detail oriented and able to handle and maintain confidential information.
- Ability to prioritize.
- Collaborative and client centric approach with all levels of the organization.
- Advanced MS Excel skills required including v-lookups, pivot tables, advanced formula development, graphs and charting, conditional formatting, data tables, etc.
- Ability to analyze complex data, identify trends and draw meaningful conclusions
- Demonstrated ability to work independently and take initiative.
- Acts with integrity and flexibility.
