Assist HR management in the administration of compensation programs. This position helps provide support, education and guidance to leadership on compensation practices and should be able to operate under general or minimum supervision.
Essential Responsibilities:
- Support and work with HR management to design, implement, and successfully administer compensation, incentive, equity, and other pay for performance programs that support the Company’s strategies, business objectives and talent acquisition and retention goals.
- Assist HR business partners and/or management in all areas of compensation to include market analysis, administration, policies, and legal/regulatory developments related to monetary and non‐monetary forms of compensation.
- Assist HR management in the design, and coordination and implementation of the annual merit review process including managing overall salary increases within budget and coordination across business units.
- Manage, calculate, and ensure accuracy of the quarterly bonus plans’ allocation process and the development of all related communications, materials, etc. and ensure equity in competitiveness in the overall total compensation program.
- Work with HR Management on the long‐term stock incentive program including all communications, reports, etc.
- Develop policies and procedures for the development and maintenance of an equitable wage and salary structure.
- Determine total compensation survey process including determination of which surveys to participate in, which to purchase and whether to conduct specialized surveys.
- Assist in creating and updating all job descriptions which may include FLSA audits and interviews with leadership.
- Provide ongoing education training on compensation guidelines.
Other Functions:
- Special projects as requested.
- Perform other duties as assigned.