Compensation Specialist
- Bellevue, WA, United States
$57 to $74 USD / hour
Applications open in a new tab.
Job details
- Pay
- $57 to $74 USD / hour
- Apply by
- Working hours
- 40 hours/week
- Posting language
- English
- Posted
Original job description
Job Title: Compensation Specialist Type: Contract (yearlong) typically extends on a yearly basis Compensation: $57.00 - $74.00/hr Work Model: Fully Remote Hours: 40 hours/week
Overview
System One is seeking a Compensation Specialist to support the development, administration, and ongoing evaluation of our client’s compensation programs and practices. This position performs compensation analysis, job evaluation, market benchmarking, salary administration, and annual compensation planning activities to help ensure compensation programs are competitive, equitable, consistent, and aligned with organizational objectives. The Compensation Specialist works independently on moderately complex to complex compensation activities, partners with HR and business leaders to provide compensation guidance, and supports projects related to salary structures, incentive programs, market analysis, job architecture, and compensation processes. The position requires strong analytical skills, attention to detail, and the ability to interpret compensation data and translate findings into clear recommendations.
Responsibilities
- Conduct market pricing and benchmarking of jobs using external compensation surveys and other relevant market data.
- Review job descriptions and evaluate positions based on role scope, responsibilities, complexity, decision-making, qualifications, and market practices.
- Support the administration and maintenance of salary structures, pay ranges, geographic differentials, job levels, and compensation-related HRIS data.
- Analyze employee compensation relative to internal salary ranges, market data, peers, and other relevant factors.
- Prepare compensation recommendations for new hires, promotions, market adjustments, transfers, and other compensation actions.
- Support annual and mid-year compensation processes, including merit increases, promotional increases, market adjustments, and incentive planning.
- Assist with the administration and analysis of short-term and long-term incentive programs, as applicable.
- Participate in compensation surveys and analyze survey results to identify market trends and potential impacts to our client’s compensation programs.
- Perform salary and workforce analyses to identify pay trends, compression, internal equity considerations, and other compensation issues.
- Develop compensation models, reports, spreadsheets, and presentations to support compensation decisions.
- Partner with HR Business Partners, Talent Acquisition, HRIS, Payroll, Finance, and business leaders on compensation-related matters.
- Provide guidance to HR and managers regarding compensation programs, salary ranges, job levels, and compensation practices.
- Maintain accurate compensation documentation, job information, salary structures, and supporting analysis.
- Support the development and maintenance of compensation policies, procedures, guidelines, manager resources, and employee communications.
- Assist with job architecture and career-leveling activities, including evaluating roles against established career frameworks.
- Research compensation practices and market trends and recommend improvements to existing programs and processes.
- Support compensation compliance activities and help ensure compensation practices are administered consistently with applicable policies and requirements.
- Lead or participate in compensation projects and process-improvement initiatives.
- Serve as a compensation resource for colleagues and provide support or guidance to less-experienced team members as appropriate.
- Perform other compensation and total rewards responsibilities as assigned.
Requirements
- Bachelor's degree in Human Resources, Business Administration, Finance, Economics, or a related field, or equivalent relevant experience.
- Approximately 4–7 years of compensation, total rewards, HR analytics, or related experience preferred.
- Working knowledge of compensation principles and practices, including market pricing, salary structures, job evaluation, salary administration, and incentive compensation.
- Experience working with compensation survey data and market-pricing methodologies.
- Strong analytical and quantitative skills with the ability to interpret large data sets and identify meaningful trends.
- Advanced proficiency with Microsoft Excel, including formulas, lookups, pivot tables, and data analysis.
- Experience with HRIS and compensation systems preferred.
- Ability to independently evaluate compensation issues, identify potential solutions, and develop well-supported recommendations.
- Strong attention to detail and commitment to data accuracy.
- Strong written and verbal communication skills with the ability to explain compensation concepts and analysis to different audiences.
- Ability to manage multiple projects and priorities while meeting deadlines.
- Ability to appropriately handle confidential and sensitive employee compensation information.
- Strong interpersonal skills and demonstrated ability to collaborate effectively with HR partners, managers, and business leaders.
- High degree of integrity, judgment, professionalism, and commitment to teamwork.
- Strong communication skills desired.
- The service provider will possess a high degree of trust and integrity, communicate openly and display respect, and a desire to foster teamwork.
System One, and its subsidiaries including Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.
System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.
#LI- Ref: #161-Managed Staffing Charlotte