What are the responsibilities and job description for the Compensation Specialist position at WPS Health Solutions?
Role Snapshot
As a Compensation Specialist you will play a crucial role in our mission to attract, engage, and retain top talent. We are seeking a compensation professional who will help support and understand our complex business, support its needs, deliver solutions, and execute efficiently/effectively. In this role, you will have the opportunity to help with the evolution of our WPS compensation program, assist with operational compensation support (internal equity analysis, Service Contract Act (SCA) hourly rate reviews, HRIS system data updates and administration), reviewing and approving compensation transactions, creating new job codes, and working closely with recruitment for compensation review.
Salary Range
$60,000 - $85,000
The base pay offered for this position may vary within the posted range based on your job-related knowledge, skills, experience and may fall outside the posted range.Work Location
This role will require work out of our Madison, WI headquarters; first consideration will be individuals located near Madison Wisconsin to take advantage of Hybrid collaboration. We will consider individuals in Wisconsin, Illinois, Indiana and Minnesota. Our office location: WPS Corporate Center Building - 1717 W. Broadway in Madison, WI.
Compensation Programs:
- Participates in the design, implementation, and administration of the annual merit process, short-term incentive plan, and long-term incentive plan.
- Configures compensation designs into the HR system, testing applications, and developing communications and training materials.
- Collaborates with HR leaders, HR business partners and business leaders to ensure programs are well executed.
Compensation Operations:
- Partners in managing day-to-day operational activities and ensuring compliance with applicable state and federal laws and regulations, including the Fair Labor Standards Act (FLSA) and the Service Contract Act (SCA).
Compensation Architecture:
- Assists in updating and maintaining business rules within HR systems associated with job-related fields, along with reviewing and updating salary range assignments.
Minimum Qualifications
- Bachelor's Degree in related field or equivalent post high school and/or related work experience.
- 1 or more years of compensation-specific work experience.
Preferred Qualifications
- 3 or more years of compensation-specific work experience
- Strong understanding of employment compliance, regulations and laws.
- Strong problem-solving skills and attention to detail.
Remote Work Requirements
- High speed cable or fiber internet
- Minimum of 10 Mbps downstream and at least 1 Mbps upstream internet connection (can be checked at https://speedtest.net)
- Please review Remote Worker FAQs for additional information
Benefits
- Remote and hybrid work options available
- Performance bonus and/or merit increase opportunities
- 401(k) with a 100% match for the first 3% of your salary and a 50% match for the next 2% of your salary (100% vested immediately)
- Competitive paid time off
- Health insurance, dental insurance, and telehealth services start DAY 1
- Employee Resource Groups
- Professional and Leadership Development Programs
- Review additional benefits: (https://www.wpshealthsolutions.com/careers/fulltime_benefits.shtml)
Who We Are
WPS Health Solutions is a leading not-for-profit health insurer and federal government contractor headquartered in Wisconsin. WPS offers health insurance plans for individuals, families, seniors, and group health plans for small to large businesses. We process claims and provide customer support for beneficiaries of the Medicare program and manage benefits for millions of active-duty and retired military personnel across the U.S. and abroad. WPS Health Solutions has been making health care easier for the people we serve for more than 75 years. Proud to be military and veteran ready.
Culture Drives Our Success
WPS’ Culture is where the great work and innovations of our people are seen, fueled, and rewarded. We accomplish this by creating an inclusive and empowering employee experience. We recognize the benefits of Diversity, Equity, and Inclusion as an investment in our workforce—both current and future—to effectively seek, leverage, and include diverse perspectives that fuel agility and innovation on high-performing teams. This results in people bringing their authentic selves to work every day in an organization that successfully adapts to business changes and new opportunities.
We are proud of the recognition we have received from local and national organization regarding our culture and workplace: WPS Newsroom - Awards and Recognition
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Salary : $60,000 - $85,000
