What are the responsibilities and job description for the Compensation Specialist position at SOFT Inc.?
PLEASE NOTE: WE ARE NOT ACCEPTING ANY 3RD PARTY SOLICITATIONS. ANY SUCH INQUIRIES WILL NOT BE CONSIDERED OR RECEIVE A RESPONSE. WE CAN ONLY WORK WITH DIRECT APPLICANTS WHO ARE AUTHORIZED TO WORK IN THE US WITHOUT SPONSORSHIP. THIS IS AN ON-SITE ROLE FOR LOCAL CANDIDATES ONLY.
SOFT's client, located in Waltham, MA (hybrid) is looking for a Compensation Specialist for a long term contract assignment. This job is primarily remote, with some in office meetings. The ideal candidate will be operations focused, with 5 - 7 years experience.
We are looking for a driven and knowledgeable Specialist, Compensation to join our Global People and Culture team! In this role, you will assist with the ongoing review of the global market benchmarking strategy and development of our Market Reference Points; you will ensure integration of the strategy within overall HR and regional policies to achieve and support business objectives. You will also assist with managing the recognition process and platform (Appreciate). You’ll support HR Business Partners and US business managers on compensation in order to encourage effective, joint-up reward practices that deliver the organization's vision, values, and ways of working. You’ll conduct analysis and metrics required for decision-making.
Key Accountabilities:
· Experience providing compensation management, ideally within a large, global, or utility sector organization.
· Developed reward strategies and solutions involving base pay, variable pay, annual and longer-term incentives and have a track record of delivering design and implementation of reward strategies together with extensive reward industry/product knowledge.
· You’ve experience working at both a strategic and operational level and have practical knowledge of job analysis, external benchmarking, and market analysis.
· Experience completing annual compensation and budget surveys.
· Assist with reporting and data analytics.
· Assist with global benchmarking and market pricing functions through the PayScale system.
· Assist with administrative duties as needed.
Experience:
Interpersonal, Supervisory, or Management
· Bachelor’s Degree or equivalent
· Proficient in Microsoft Excel
· Proficient in Microsoft Outlook
· Proficiency with HRIS Systems and compensation planning tools
· Experience in utilizing analytical and problem-solving skills to facilitate the analysis of data
.