Job SummaryAdministers compensation programs, including salary structures and incentive plans. Analyzes market data to ensure competitive and fair pay practices. Supports the development and implementation of compensation policies in alignment with organizational goals.
Key Responsibilities- Assesses the effectiveness of compensation programs, identifying areas for improvement and ensuring they align with organizational objectives.
- Assists in the management of annual compensation reviews, ensuring timely and accurate execution of salary adjustments, bonuses, and incentive programs.
- Coaches less experienced staff on compensation principles and practices, providing guidance and support for more complex tasks.
- Conducts more complex compensation analyses to evaluate the company's position within the market and ensure internal equity.
- Confers with managers and People & Culture (P&C) leaders to interpret and implement compensation strategies across various departments.
- Defines compensation structures and job evaluation processes to ensure consistency across the organization.
- Designs systems to support compensation management, including developing tools and resources to improve decision-making.
- Develops more complex compensation models to predict future pay scales and analyze the financial impact of compensation programs.
- Implements processes to ensure compliance with federal, state, and industry-specific compensation regulations, maintaining up-to-date knowledge of legal requirements.
- Performs other duties as assigned
- Complies with all policies and standards
Required Education & ExperienceMinimum Education Level: Bachelor's Degree
Years of Experience: 5-7 Years
Preferred Education & ExperienceMinimum Education Level: Master's Degree
Specialized Degree: None
Licenses/Certificates: Certified Compensation Professional (CCP)
Years of Experience: 8-11 Years
Field of Expertise: Human Resources, Business Management, Finance, or related field; experience with SuccessFactors, CompXL, JDXpert
Spans of ControlDoes this role Manage Southwire Team Members: No
TravelTravel: Domestic Up to 25%
Physical RequirementsMoving: 5%
Standing: 5%
Sitting: 90%
Working ConditionsOffice
EquipmentComputer/Keyboard
CompetenciesAction Oriented
Balances Stakeholders
Collaborates
Customer Focus
Nimble Learning
Plans and Aligns
SkillsCritical Thinking
Regulatory Compliance
Analytical Skills
Process Improvement
Job Architecture
Governance
Budgeting
Human Resources Information System (HRIS)
Troubleshooting (Problem Solving)
Market Pricing
Benefits We Offer:
- 401k with Matching
- Family and Individual Insurance Packages (Health, Life, Dental, and Vision)
- Paid Time Off & Paid Holidays
- Long & Short-Term Disability
- Supplemental Insurance Plans
- Employee Assistance Program
- Employee Referral Program
- Tuition Reimbursement Programs
- Advancement & Professional Growth opportunities
- Parental Leave
- & More
