Compensation Specialist Job at Theron Solutions, Edison, NJ

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  • Theron Solutions
  • Edison, NJ

Job Description

Job Description:

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 our client's 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.

Key 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.
  • 7+ 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.

Equal Opportunity Employer:

Our client is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at our client are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. We will not tolerate discrimination or harassment based on any of these characteristics.

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