PacificSource

Senior Compensation Specialist

PacificSource$65K — $111K *
US-AnywhereRemote in Virginia, US
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4 years of HR experience, with a focus on job analysis and compensation research.
  • Experience in benefit administration and compliance requirements.
  • Bachelor's degree in relevant field such as Economics, Finance, or Business Administration.
  • Preferred certifications: SHRM-CP, SHRM-SCP, PHR, or SPHR.
  • Proficient in Workday and other compensation analysis software.
  • Strong analytical skills and ability to interpret complex data.

Responsibilities

  • Manage the administration of direct compensation for all employee classifications.
  • Develop and implement consistent compensation guidelines in line with company philosophy.
  • Create and analyze job descriptions and wage classifications.
  • Evaluate and provide recommendations for new hire offers and internal promotions.
  • Advise management on pay decisions and policy interpretations.
  • Conduct salary surveys and maintain an up-to-date salary survey database.
  • Ensure compliance with federal, state, and local compensation laws.

Benefits

  • Health, dental, and vision insurance options.
  • 401(k) retirement plan with employer match.
  • Generous paid time off and holiday schedule.
  • Flexible work environment with possible remote options.
  • Opportunities for professional development and certification support.
Full Job Description
Responsible for developing, administering, and maintaining compensation programs which support our compensation philosophy. Partner with the business to enable attraction and retention of talent. Evaluate requests to establish equitable and appropriate titles, salary ranges, pay rates, exemption assignments and benefit levels. Manages projects related to compensation strategic initiatives. Effectively collaborate with other members of the HR team, and serve as a consultant to supervisors and staff across all locations.

Essential Responsibilities:
  • Manage the administration of direct compensation including the processing, recording and reporting of compensation-related actions related to both salaried and hourly paid employees.
  • Create consistent compensation guidelines and programs that match our compensation philosophy and organizational culture.
  • Create and analyze job descriptions and wage grade classifications.
  • Analyze and provide recommendations for new hire offers, promotions and internal transfers.
  • Provide advice to management on pay decisions, policy and guideline interpretation, and job evaluation, including the design of creative solutions to specific compensation-related matters.
  • Participate in, and conduct salary surveys, including the analysis of survey data and maintenance of salary survey database.
  • Keep abreast of legal, regulatory and legislative trends that relate to corporate governance and compensation.
  • Perform external market benchmarking analysis and internal equity analysis.
  • Ensure that compensation practices are in compliance with current federal, state and local compensation laws and regulations.
  • Assist Human Resources Team and other business partners throughout the organization with compensation-related issues.
  • Serve as a resource for hiring managers' questions related to compensation.
  • Responsible for providing and maintaining compensation and benefit-related data in Workday HRIS system, ensuring the system is updated with appropriate information.
  • Keep abreast with trends and best practices in the field of compensation.


Supporting Responsibilities:
  • Meet department and company performance and attendance expectations.
  • Follow the PacificSource privacy policy and HIPAA laws and regulations concerning confidentiality and security of protected health information.
  • Perform other duties as assigned.


SUCCESS PROFILE

Work Experience: 4 years' experience in Human Resources. Must have experience with job analysis/evaluation/wage grade structure design. Must have experience with compensation research and data analysis as they relate to compliance requirements. Must have experience with benefit administration.

Education, Certificates, Licenses: Requires BS/BA degree in Economics, Finance, Business Administration, Human Resources Management, or related field. SHRM-CP, SHRM-SCP, PHR, or SPHR Certification preferred and encouraged.

Knowledge: Ability to work well under changing priorities and deadlines with frequent interruptions required. Thorough knowledge and practical understanding of human resources functions and state and federal employment regulations, and a broad understanding of the business and the role each functional area plays. Ability to: read and interpret company policies and procedures; analyze market survey data and identify trends; present information clearly and concisely; exercise tact and diplomacy and maintain confidentiality. Proven experience in the use of Workday and Payfactors. Use of software applications to conduct daily business functions required, super-user capability preferred. Must have a passion for customer service (internal and external) and strong influencing skills.

Competencies:

Adaptability

Building Customer Loyalty

Building Strategic Work Relationships

Building Trust

Continuous Improvement

Contributing to Team Success

Planning and Organizing

Work Standards

Environment: Work inside in a general office setting with ergonomically configured equipment. Travel is required approximately 5% of the time.

Skills:
Accountability, Analytical, Collaboration, Communication (written/verbal), Compensation Analysis, Compensation Programs, Flexibility, Job Evaluations, Listening (active), Organizational skills/Planning and Organization, Pay Equity, Problem Solving, Salary Surveys, Teamwork

Compensation Disclaimer

The wage range provided reflects the full range for this position. The maximum amount listed represents the highest possible salary for the role and should not be interpreted as a typical starting wage. Actual compensation will be determined based on factors such as qualifications, experience, education, and internal equity. Please note that the stated range is for informational purposes only and does not constitute a guarantee of any specific salary within that range.

Base Range:
$65,296.83 - $111,004.62

Physical Requirements: Stoop and bend. Sit and/or stand for extended periods of time while performing core job functions. Repetitive motions to include typing, sorting and filing. Light lifting and carrying of files and business materials. Ability to read and comprehend both written and spoken English. Communicate clearly and effectively.

Disclaimer: This job description indicates the general nature and level of work performed by employees within this position and is subject to change. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this position. Employment remains AT-WILL at all times.

About PacificSource

PacificSource is a health insurance company that provides medical, dental, vision, and life insurance to individuals, families, and businesses in Oregon, Idaho, Montana, and Washington. The company was founded in 1933 and is headquartered in Springfield, Oregon. PacificSource has over 4,000 healthcare providers and over 300,000 members. The company is committed to improving the health and well-being of its members and the communities it serves.
Learn more about PacificSource
Size
1,000 employees
Industry
Founded
1933

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