Compensation Specialist
We are looking for a Compensation Specialist to join our team in Parsippany, NJ!
Location: Parsippany, NJ (Hybrid)
Salary: $84,000 - $110,000
Please note that the salary range information provided is a general guideline only, reflecting a position based in New Jersey. Criteria such as the candidate’s qualifications and relevant experience, the scope of the specific position, as well as market and business considerations will be evaluated when extending an offer.
Your Challenge:
Partner with field locations in the U.S. and other countries to administer compensation programs aligned with Corporate policy. Handle inquiries from field locations, interpret company policy and government regulations, and provide solutions to compensation-related issues.
Create job descriptions, conduct job evaluations, determine U.S. FLSA exemption status, and recommend compensation grade assignments.
Participate in various industry-related compensation surveys and utilize data to ensure competitive pay practices.
Provide administrative support for the short-term incentive compensation plans, including completing forfeiture analyses and auditing bonus plan participation details.
Conduct periodic compensation-related data audits in Workday and support compensation plan configuration and maintenance.
Develop and monitor salary ranges globally to ensure internal equity and market competitiveness.
Complete global merit budget analysis and assist in the company’s annual focal compensation planning process for global salary review, long-term incentive grant, and incentive payout.
Evaluate and analyze compensation practices and propose adjustments pay programs and administrative processes.
Ensure compliance with applicable federal, state, and international laws to ensure programs and plans meet statutes and requirements.
Assist with executive compensation analysis and projects.
Support the Compensation department with various projects across the organization in order to help achieve key deliverables in the department in a timely fashion.
Your Expertise:
Bachelor’s Degree with 3+ years of compensation experience in a multinational environment
Excellent Microsoft Excel skills (pivot tables, vlookup)
Knowledge of compensation practices and processes
Excellent written and verbal communications skills
Strong organization, project management, and time management skills
Strong analytical and reporting skills
Ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems
Ability to maintain a high level of confidentiality and professionalism
Ability to conduct comprehensive market pricing studies
Ability to build collaborative relationships and foster teamwork
Quality orientation and careful attention to detail
Experience with Workday Compensation preferred
Completion or progress towards Certified Compensation Professional (CCP) preferable
*Please note, benefits are country specific and may vary from location to location.
#IND
#LI-NK1
No unsolicited agency submittals please. Agency partners must be invited to participate in a search by ourTalent Acquisition Team and have signed terms in place prior to any submittal. Resumes submitted directly to any Curtiss-Wright employee or affiliate will not qualify for fee payment, and therefore become the property of Curtiss-Wright.