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Compensation Specialist
Job Description
Compensation Specialist
Company Name:
Baker Construction Enterprises Inc
Location:
Monroe, OH, US, 45050
Req ID:
8399
Travel:
Up to 15%
Number of Openings:
1 Achieve more in your career with the nation's leading specialty concrete contractor. At Baker Construction, you'll be part of a team that prioritizes people, invests in their development, and offers unparalleled opportunities for professional growth. In this role, you'll be integral to building the future of our country and ourpany. You'll collaborate across diverse teams, have a hand in significant projects, and dive headfirst intoplex challenges with the best in the industry. If you are driven to do more and have the grit to follow through, you'll have everything you need to define your career on your terms. Make a meaningful impact with a team that values ambition and rewards initiative. Apply today and be more with Baker.
Summary
The Compensation Specialist is responsible for analyzing, implementing, benchmarking and administering the organization'spensation programs. S/he ensures that pay practices arepetitive, equitable, andpliant with applicable laws and internal policies. The Compensation Specialist partners with Core HR, HRIS, Finance, and business leaders to support salary benchmarking,pensation planning, job evaluation, and incentive programs. This role conductspensation analysis, prepares reports and modeling to support decision-making, and evaluates internal equity and marketpetitiveness. S/he is responsible for developing and maintaining accurate job documentation, including writing and updating role descriptions to ensure proper job classification, market alignment, and internal equity. The Compensation Specialist translates job requirements and organizational needs into clear, structured role descriptions that supportpensation decisions and workforce planning
Roles and Responsibilities
Partners with the HRIS team to:
Support system configuration, integrations and security roles
Conduct system testing for new releases and enhancements, including impact analysis, regression testing, validation ofpensation calculations, data reconciliation, and defect resolution prior to production deployment
Serves as a subject matter expert for SAP
SuccessFactors Compensation
Designs, configures, and managespensation templates for new cycles, ensuring accurate eligibility, budgeting, guidelines, and workflow alignment
Administerspensation cycles, including plan activation, budget distribution, launch, monitoring, publishing of finalizedpensation statements and reconciliation.
Contributes to continuous improvement, automation, and optimization within SuccessFactors Compensation to enhance user experience and process efficiency
Develops and maintainspensation dashboards, analytics, and reporting
Analyzespensation data to identify trends, potential gaps, or inconsistencies and partners with Talent to rmend appropriate adjustments
Conducts internal equity analyses to evaluatepensation consistency across roles, departments, and employee populations, identifying and addressing potential pay disparities
Validatespensation calculations and reporting outputs and performs reconciliation to ensure accurate publication to Employee Central
Translatesplexpensation data into clear, actionable insights for HR and leadership audiences
Partners with external consulting firms and survey providers to analyze market data, support pay band rmendations and validatepensation structures
Performs pay equity reviews to help ensurepensation practices align with applicable equal pay and anti-discrimination laws, including Equal Pay Act Title VII
Documentspensation analyses, methodologies, and decisions to support audit readiness and regulatorypliance.
Develops and maintains accurate job descriptions in partnership with business leaders and HR ensuring accurate documentation of job duties, required qualifications, and organizational alignment
Evaluates new and revised roles to assess appropriate job leveling and alignment with establishedpensation structures.
Participates inpensation benchmarking and market analysis to supportpetitive and equitable pay practices
Partners with outsidepensationpany to support job leveling and pay band placement based on market data, internal equity considerations, andpensation guidelines.
Partners with Talent Acquisition and HR to ensure new roles and job postings align with established pay ranges and internal equity guidelines.
Documents standard processes and procedures and creates and deploys user documentation and guides; helps train users on thepensation module Attends HR department staff meetings and participates in developing HR goals, objectives, and systems
Participates in development of department budget and goals including planning and forecasting Requirements
Bachelor's degree in HR, Finance, Business Administration or related field required and minimum of 3 years' experience inpensation, total rewardspensation analytics; or an equivalentbination of education and/or experience
Certified Compensation Professional (CCP) preferred
Experience managingpensation cycles within Sap SuccessFactors preferred
Highly proficient with Windows, Microsoft Word, Excel, PowerPoint, and Human Resource Information Systems; knowledge of relational databases and report-writing tools
Experience running HCM reports along with Ad hoc capabilities; advanced reporting tools and analytical experience
Must possess strong customer service skills
Must be agile; and able to respond to multiple and changing demands Must be highly confidential
Must be detail oriented and analytical
Work may require travel
The followingpetencies are needed to successfully perform this job:
Ability to present information in written and oral form to all levels of co-workers within the Company
Ability to interpret and explainpensation surveys as well as pay structures
Ability to perform basic mathematical processes such as addition, subtraction, division, multiplication, percentages, and ratios Ability to work with all levels of co-workers Ability to read/research, write, and analyze various types of reports and data
Ability to use judgment that is consistent with standards, practices, policies, procedures, regulations, and laws
Ability to multi-task, organize and prioritize work
At Baker Construction, we wee those who are driven to make things happen. Your tenacity will be rewarded with great pay, excellent benefits, and opportunities to make your mark. This is an opportunity to own your future while working alongside co-workers who are united in our purpose to build better structures and better lives. Go further with an industry leader that puts people first, honors its word, and has the grit to achieve greatness.
Baker is an EOE Disability/Veterans Employer.
Applicants with physical and/or mental disabilities who require a reasonable amodation for any or part of the application process may make their requests known by emailing hrtechsharedservices.cc or calling 1-513-539-4000 and asking for HR.
Benefits
- Professional Development
- Dental Insurance
