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Compensation Specialist

Compensation Specialist

HorrocksPleasant Grove, UT, US
2 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Description

At Horrocks, we believe the best work comes from companies with values, that our people are our greatest resource, and that we have a responsibility to the communities where we live and work. The Compensation Specialist supports and develops the administration, processes and controls associated with Horrocks’ compensation programs. Provides high-level strategic compensation advisement to management. Evaluates salary data, determines appropriate position pay grades and ranges, and conducts or participates in compensation surveys. This includes but is not limited to documentation and administration of base compensation, incentive plans, and salary review processes. Under general supervision, manages reporting and ensures data accuracy, and is a key contributor to creating a competitive and innovative total rewards program designed to attract, integrate and retain employee talent essential to achieving business objectives.

What are the core responsibilities for the role?

  • Conduct analyses on jobs, hourly wages, salaries, and incentives to evaluate internal equity, external competitiveness, and legal compliance of internal pay practices. Works with company leadership to evaluate and market price new and existing roles within the business
  • Assist in developing compensation policies and procedures
  • Research and analyze compensation trends. Review market pay programs and practices and compares company pay practices and data against market information to determine competitiveness. Recommend and assist in the implementation of changes to compensation programs, policies, and procedures
  • Supports Talent Acquisition team in determining compensation for job offers
  • Supports annual merit pay programs, including configuration, reporting, system processing, and related analyses
  • Deliver accurate and timely compensation reporting and serve as a consultant to business line leaders for core compensation and compensation systems as needed. Identify and resolve various compensation-related issues and questions
  • Prepare analyses and recommendations on compensation related projects, such as incentive compensation, bonus plans, retention compensation
  • Conduct annual reviews of all incentive plans yearly for accuracy and administration of these plans, makes necessary changes as needed
  • Prepare and participate in salary surveys and market data reports
  • Complete all special projects and other duties as assigned

Qualifications, Skills, and Competencies :

  • 3-6 years compensation or HR experience
  • Experience with ADP and / or Vantage Point (Deltek) is preferred
  • Bachelor’s degree in HR, Finance, or related fields
  • Excellent verbal and written communication skills
  • Excellent interpersonal skills with the ability to manage sensitive and confidential situations with tact, professionalism, and diplomacy
  • Excellent organizational skills and attention to detail
  • Proficient Microsoft Office Suite or related software skills
  • Advanced Microsoft Excel software skills
  • Proficient with or the ability to quickly learn payroll management, human resource information system (HRIS), and similar computer applications

    • Why would a candidate want this job?

    At Horrocks, you can expect a competitive base salary and award-winning benefits. Including, but not limited to :

  • Medical, dental, vision, life, and disability insurance
  • Generous paid time off
  • 401(k) : 50% match of contribution up to 6%
  • Professional development opportunities including in-house training
  • Paid professional organization membership and professional licensure

    • For more information, visit our website at www.horrocks.com

    Equal Opportunity Employer including disability and protected veteran status