Global Compensation Lead

5 - 7 years experience  • 

Salary depends on experience
Posted on 03/27/18
Baltimore, MD
5 - 7 years experience
Salary depends on experience
Posted on 03/27/18

ESSENTIAL DUTIES & RESPONSIBILITIES:

Responsible for the planning, design, implementation and administration of global compensation programs that attract, retain, motivate and reward employees while ensuring internal equity, external competitiveness and governmental compliance.

SPECIFIC RESPONSIBILITIES:

  • Lead the global annual merit and bonus compensation planning, administration and communication to HR and business leaders.
  • Creates and updates global salary structures and develops annual merit increase guidelines.
  • Works collaboratively with HR business partners to educate, advise, and recommend on  compensation related matters.
  • Coordinates with cross-functional areas including payroll, finance, tax, international mobility to provide timely information, or recommendation and analyses.
  • Conducts research, learns best practices and recommends plan and program revisions and/or new plans that are cost effective and consistent with compensation trends and UA objectives.
  • Performs job evaluations, market job pricing, internal analyses, impact analyses, and plan effectiveness analyses.
  • Conducts, participates in, and analyzes compensation surveys to ensure compensation objectives are achieved.
  • Conducts analysis related to cost and trends, and providing analytical data management support for measurement and tracking of key compensation HR-related metrics. Develops techniques for compiling, preparing and presenting data to senior management.
  • Conducts on-going analysis of processes. Researches and makes recommendations for process enhancements.
  • Ensures that all legal requirements for compensation programs are met.
  • Accurately interprets, counsels, communicates, and educates managers and HRBPs on pay decisions, policy and guideline interpretations, job evaluations, and job descriptions.
  • Leads development and administration of compensation policies and guidelines.
  • Conducts training sessions and facilitates meetings as needed.
  • Assists with various compensation projects and assignments as assigned.
  • Assists in preparation of data for Compensation Committee meetings.
  • Oversees administration of the global Executive database (VP+).

EDUCATION AND/OR EXPERIENCE:

  • Five (5) years professional level compensationexperience including job evaluations, completing salary surveys, establishing pay lines/salary grades, job families, career ladders and related compensation policies, programs and procedures
  • Bachelor’s Degree in Human Resources, Business, Accounting or relevant field of study
  • Certified Compensation Professional (CCP) status preferred (or working toward Certification)
  • Experience developing, analyzing and administering sales incentive plans
  • Experience with HRIS and developing analytics to support compensation decision
  • Retail and global experiencepreferred
  • Experience managing equity program and interface between vendor, company and finance

110030

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