What are the responsibilities and job description for the COMPENSATION SPECIALIST position at Equipment Depot Inc.?
POSITION SUMMARY
Conducts analysis and interpretation related to company compensation programs. Evaluates the company's jobs,
documenting responsibilities and requirements in job descriptions. Contributes organizational data to, and analyzes
results of, compensation surveys. Conducts market analysis of company jobs to determine competitive positioning of the
organizations pay programs. Administer the annual salary administration programs, including salary structure creation
and maintenance, development of incentive or salary increase budgets, merit process, and annual Profit Sharing Award.
Assists with related projects and duties as needed.
SKILLS & ABILITIES
- Bachelor’s Degree preferred or other certifications (Certified Compensation Professional (CCP) or Compensation Management Professional (CMP)
- 3 to 5 years’ experience
- Knowledge of and ability to apply marketplace, development & trends to business & HR functions.
- Knowledge of federal, state, and local laws & regulations and ability to advise on their effects.
- Knowledge of and ability to design, implement and evaluate compensation programs & policies.
- Knowledge of salary planning tools, job evaluation techniques, and market salary trends.
- Knowledge of incentive and rewards planning tools, techniques, and procedures.
- Proven ability to develop and implement incentive and rewards programs.
- Experience handling complex issues and sensitive/confidential information.
- Advanced User of Microsoft Excel.
OUR CORE VALUES
Passion to Perform – We are passionate to perform and focus on concrete achievements
Trust to Act – We are empowered to act, and act in a powerful way
Act Responsibly – We are responsible for our actions and the consequences they have for our stakeholders and our environment
Make it Fun! – We are serious about making work fun; it’s the way we do things
WORK ENVIRONMENT
Work environment varies from office to job site to industrial locations
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
The Company has reviewed this job description to ensure that essential functions and basic duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and the Company reserves the right to change this job description and/or assign tasks for the employee to perform, as the Company may deem appropriate.