What are the responsibilities and job description for the Senior HR Specialist: Senior Compensation Analyst position at Hire Velocity?
Overview
Analyze, develop, and maintain compensation programs to meet company objectives
- Participate or lead special projects (e.g. pay structure development, job descriptions, AAPs)
- Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position; review annually and recommend percent adjustment as applicable
- Gather data from market-based compensation surveys; use spreadsheets and data analysis techniques to assess results and market trends
- Prepare and maintain job descriptions for each position in the organization; ensuring descriptions accurately reflect the work being performed by incumbents through interviews with managers, Talent Acquisition team and HR Business Partners
- Evaluate job positions, determining FLSA classification of either exempt or non-exempt status and assign wage range
- Assist Talent Acquisition team and HR Business Partners on new hire offers, transfers, and promotions as requested
- Lead the administration of annual merit compensation process by compiling employee eligibility, position, salary, and other information, providing managers with individual spreadsheets, consolidating returned sheets, preparing EC mass upload template, and coordinating with Payroll for accuracy and processing
- Provide cost analysis leading up to and during the annual merit increase process as requested
- Complete annual EEO reports
- Lead annual OFCCP Affirmative Action Plan data collection and preparation in partnership with DSV outside counsel and HR Director and assist with associated analysis and actions to be taken
- Administer annual, quarterly and monthly bonus programs for both managers and operations staff (currently only A&S and some Group)
- Ensure compliance with equal pay laws, acts or statutes
- Administer monthly service anniversary award program (currently only A&S)
- Assist with compensation and equity related communications
- Participate in compensation surveys and perform associated analysis
- Study market trends to assist in developing effective compensation programs
- Conduct internal research and analysis to assess compensation programs, and procedures across multi-state locations within the freight forwarding industry
- Assist with annual compensation analysis, using internal and external tools, to ensure pay equity and market competitiveness
- Ensures compensation programs and policies comply with legal and regulatory requirements
- Annually review to ensure current salaries do not fall below minimum wage
- Annually review to ensure exempt status positions still comply with legal and regulatory requirements
- All other duties as assigned
Educational background / Work experience
