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- Data Analysis: Utilize advanced analytical tools and techniques to evaluate compensation data, market trends, and internal equity. Provide data-driven insights to inform compensation decisions.
- Market Research: Conduct regular market research and benchmarking to ensure our compensation packages remain competitive within the industry and region.
- Salary Structure: Assist in the development and maintenance of salary structures, pay scales, and salary ranges. Recommend adjustments as necessary.
- Compensation Planning: Collaborate with HR and leadership to design and implement compensation programs and initiatives that align with the company's business objectives.
- Job Evaluation: Evaluate job roles and responsibilities to ensure accurate job classifications and equitable pay practices.
- Compensation Communication: Prepare and communicate compensation-related materials, including offer letters, compensation statements, and policies, to employees and management.
- Compliance: Stay updated on federal and state regulations related to compensation and benefits. Ensure the organization's practices are compliant with relevant laws.
- Performance Management: Assist in integrating compensation and performance management processes to support employee development and engagement.
- Data Integrity: Maintain data integrity and accuracy in compensation databases and systems.
- Bachelor's degree in human resources, Business, or a related field.
- Minimum of 3 years of experience in compensation analysis or a related HR role.
- Strong analytical skills with proficiency in data analysis tools and Excel.
- Knowledge of compensation principles, including job evaluation, salary benchmarking, and incentive programs.
- Familiarity with HRIS and compensation software.
- Excellent communication and presentation skills.
- Detail-oriented with a high degree of accuracy.
- Ability to work independently and collaboratively in a team environment.
Compensation Specialist - Houston, United States - Vaco
Description
***Compensation Specialist***
***Onsite in Houston, TX ***
Job Description:
As a Compensation Analyst, you will play a pivotal role in shaping our compensation strategy, ensuring that we attract, retain, and motivate top talent. You will collaborate with cross-functional teams, analyze compensation data, and provide insights to help drive informed decisions related to compensation and benefits. Your expertise will contribute to the overall success of our organization.
Responsibilities:
Minimum Requirements: