Compensation Specialist

Job Family Summary

Develops implements, administers and maintains compensation programs which support company objectives and local practices. Areas of expertise include base pay, incentive pay and performance management. Participates in compensation surveys and ensures competitive pay practices are maintained globally. Evaluates programs, trends, advances and/or new technologies and makes recommendations for changes and improvements. Advises managers on compensation-related issues. Works with external vendors to develop, administer and design new or modify existing programs or systems. Keeps abreast of compensation trends and ensures company compliance with all governmental laws concerning compensation practices globally.

• Provides recommendations that may influence development and execution of compensation programs and policies.

• Reviews proposed salary adjustments for conformance to established guidelines and recommends corrective or alternative actions to resolve compensation-related issues.

• Ensures proper interpretation and application of compensation policies with a large employee population, country or region.

• Delivers processes, tools and communication materials that facilitate the administration of compensation programs.

• May be involved and lead compensation projects for a

particular

employee group or geographic location.

• Assists in managing the

annual compensation review cycle.