Note: The job is a remote job and is open to candidates in USA. Forbes is seeking a compensation professional to administer and develop its compensation function for employees across North America, with smaller populations in the UK and Asia. The role partners with HR, Finance, Recruitment, and business leaders to support equitable, competitive pay decisions, analyze compensation data, and maintain compensation practices and data in HR systems.
Responsibilities
- Administer base salary, incentive programs, and compensation processes (merit, bonus, and salary reviews)
- Monitor evolving compensation legislation and regulatory requirements, including but not limited to changes in state exempt and non-exempt pay thresholds. Assess the potential impact on compensation programs, policies and practices, and coordinate implementation of required changes with appropriate HR, Legal, Payroll and Recruiting partners
- Partner closely with HR Business Partners, Finance, Recruitment, and leadership to understand compensation requests, gather relevant data, and support compensation planning initiatives and organizational changes
- Analyze complex ad-hoc compensation scenarios from across the business, and develop data supported recommendations that balance market competitiveness, internal equity, and budget considerations
- Lead preparation and distribution of employee compensation statements (e.g., merit, bonus, total rewards)
- Draft and present training and guidance to stakeholders on compensation practices and procedures
- Conduct job matching, market pricing, salary surveys, and benchmarking analyses to inform pay decisions and maintain competitive positioning
- Manage relationships with external compensation vendors, including survey providers and technology partners
- Evaluate vendor performance and ensure tools and data sources support business needs and compensation strategy
- Maintain and audit compensation related data in the HRIS and compensation systems to ensure accuracy
- Develop and run ad hoc compensation reports and analyses to support compensation processes, business leader requests, and support data driven decision making
- Partner with HR Technology team to enhance tools, reporting, and processes; proactively identify opportunities for automation and continuous improvement
- Maintain documentation and templates to support scalable, repeatable, and accurate compensation processes
- Leverage HR systems and compensation technologies to drive efficiency, accuracy, and scalability of compensation programs
Skills
- Bachelor's degree in Business, HR, Finance, or related discipline
- Experience in compensation, HR analytics or related analytical function
- Advanced Excel proficiency (e.g., pivot tables, v-lookup, modeling, data analysis)
- Experience in compensation tools, both fluency and vendor management
- Ability to effectively communicate, partner and advise managers at all levels who have diverse compensation experience and compensation knowledge
- Strong experience with HR information systems and process improvement
- In-depth and dynamic knowledge of U.S. multi-state compensation compliance (i.e. wage thresholds and/or evolving legal requirements)
- Ability to manage multiple priorities and operate effectively in ambiguous situations and fast-paced environments
- This position is only open to candidates residing in California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, & Washington
- Payscale knowledge a plus but not required
- Experience with compensation practices in an unionized environment a plus
- CCP certification preferred
Benefits
- Fully remote work within the U.S., if it aligns with the needs of the position; this position is only open to candidates residing in California, Colorado, Connecticut, the District of Columbia, Florida, Georgia, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, or Washington.
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