Compensation and Benefits Specialist
1 maand geleden
A Compensation and Benefits Specialist focuses on developing competitive compensation and benefits packages, ensuring compliance, and supporting the overall HR strategy to attract and retain talent.
- Develop and implement competitive salary structures aligned with industry standards and company goals.
- Conduct regular market surveys and research to identify best practices and trends in compensation.
- Manage incentive programs, including sales commissions and bonuses.
- Design and manage a comprehensive benefits package, including health insurance, retirement plans, employee discounts, and other perks.
- Evaluate and negotiate with benefits vendors to provide cost-effective and attractive benefits.
- Collaborate with HR leadership, HR Business Partners (HRBPs), and stakeholders to develop and implement strategies, programs, and initiatives.
- Provide consultation and support to HRBPs and HR Services on HR matters within their area of expertise.
- Ensure all compensation and benefits programs comply with federal, state, and local regulations, including labor laws specific to the retail sector.
- Maintain accurate records and prepare necessary reports for audits and compliance checks.
- Align compensation and benefits programs with the company's performance management system to reward high-performing employees.
- Collaborate with other HR functions and stakeholders to ensure alignment and integration of HR initiatives.
- Serve as subject matter experts and thought leaders within the organization on HR matters within their field of expertise.
Who You Are:- Analytical Skills: Ability to analyze compensation data and market trends specific to retail.
- Attention to Detail: Ensuring accuracy in payroll, benefits administration, and compliance documentation.
- Communication Skills: Effectively conveying complex compensation and benefits information to a diverse workforce.
- Problem-Solving Skills: Addressing and resolving compensation and benefits issues promptly.
- Strategic Thinking: Developing long-term plans and initiatives that align with business goals.
- Education: A bachelor's degree in human resources, business administration, finance, or a related field is typically required. Advanced degrees or certifications (e.g., Certified Compensation Professional (CCP), Certified Employee Benefit Specialist (CEBS)) can be advantageous.
- Experience: Experience in human resources including HR software and tools, specifically in compensation and benefits within the retail industry, is highly desirable.
- Technical Skills: Proficiency in HR software and tools, such as payroll systems, benefits management platforms, and HR analytics tools.
- Analytical Skills: Ability to analyze compensation data and market trends specific to retail.
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