Compensation Advisor
Irvine, California | Contract
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Compensation Advisor (Hybrid, 3 days onsite)
Los Angeles, CA 90071 or Irvine, CA 92618
6 months (possible extension)
Overview:
- Responsible for administering pay guidelines and compensation programs.
- Conducts research, analyzes data and prepares recommendations concerning position studies, offers, pay administration, bonus programs and market trends.
- Provides broad client coverage support to other compensation associates or may manage a business client group relationship
- Analyzes and provides recommendations on various non-standard and/or exception based compensation recommendations/actions (e.g., promotions, merits, transfers); provides guidance to HR and TA Business Partners on non-standard situations
- Maintains pay equity and ensures practices are aligned with pay philosophy and competitive market
- Contributes to and/or leads development of educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives
Responsibilities:
- Conducts position studies: Interviews managers and associate for new and existing positions to determine responsibilities, writes role descriptions and recommends appropriate grade and FLSA status
- Prepares ad-hoc reports from HR systems and conducts research and analysis using data visualization tools (i.e.: excel, tableau, investigate); identifies actionable insights through data analysis and makes recommendations
- Contributes to regular cyclical compensation work (market study, survey analysis, annual bonus programs, resources review group etc.) and functional project work as needed
- Serves as a subject matter expert (SME) for common review process and system related questions (Resources – Compensation Module); conducts a variety of data preparation, testing and audits throughout the cycle
Qualifications & skills:
- Bachelor’s Degree- & 5 years exp as a Compensation specialist/advisor
- Exp w/ ad-hoc reports from HR systems and conducting research and analysis using data visualization tools (i.e.: excel, tableau, investigate)
- Excel – Index match
- Exp. w/ identifying actionable insights through data analysis and makes recommendations
- Fast learner and quick to adapt
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