What are the responsibilities and job description for the Compensation Specialist position at Tech Intellectuals?
Role: Compensation Specialist
Role Type: Full Time (No 3rd Party or Contractors)
Compensation: Up to $130K DOE Bonus
Location: Edison, NJ
Years of experience: 8
Key Competencies: Hr, Compensation, Analytical, Compensation laws, and regulations.
Overview:
The Compensation Specialist will be responsible for developing, implementing, and administering compensation programs that align with the company's strategic goals. This role will be part of the US Total Rewards team and involves analyzing compensation data, ensuring compliance with regulations, and providing guidance on compensation-related matters. The role will also require working on core compensation activities, sales incentive plans, and pay models.
Responsibilities:
- Design and manage core compensation programs, including salary structures, incentive plans, and bonus schemes.
- Conduct market research and analysis to ensure competitive compensation packages.
- Evaluate job positions and determine appropriate salary levels.
- Ensure compliance with federal, state, and local compensation laws and regulations.
- Collaborate with HR and management to develop and implement compensation strategies.
- Prepare and present reports on compensation trends and metrics.
- Provide guidance and support to managers and employees on compensation-related issues.
- Participate in compensation surveys and analyze survey data to benchmark company compensation practices.
- Provide analytical support and guidance to HR and management on Total Rewards-related matters.
- Develop and deliver communication materials to educate employees & HR about total rewards programs.
Qualifications:
- Bachelor's degree in Human Resources, Business Administration, or related field.
- 8 years of experience in compensation or related HR roles.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Knowledge of compensation laws and regulations.
- Certification in Compensation (CCP) is a plus.
349672
Job Type: Full-time
Pay: $85,000.00 - $130,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
Salary : $85,000 - $130,000
