Senior HR Specialist: Senior Compensation Analyst
Apply NowCompany: Hire Velocity
Location: Iselin, NJ 08830
Description:
Overview
Analyze, develop, and maintain compensation programs to meet company objectives
Participate or lead special projects (e.g. pay structure development, job descriptions, AAPs)
Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position; review annually and recommend percent adjustment as applicable
Gather data from market-based compensation surveys; use spreadsheets and data analysis techniques to assess results and market trends
Prepare and maintain job descriptions for each position in the organization; ensuring descriptions accurately reflect the work being performed by incumbents through interviews with managers, Talent Acquisition team and HR Business Partners
Evaluate job positions, determining FLSA classification of either exempt or non-exempt status and assign wage range
Assist Talent Acquisition team and HR Business Partners on new hire offers, transfers, and promotions as requested
Lead the administration of annual merit compensation process by compiling employee eligibility, position, salary, and other information, providing managers with individual spreadsheets, consolidating returned sheets, preparing EC mass upload template, and coordinating with Payroll for accuracy and processing
Provide cost analysis leading up to and during the annual merit increase process as requested
Complete annual EEO reports
Lead annual OFCCP Affirmative Action Plan data collection and preparation in partnership with DSV outside counsel and HR Director and assist with associated analysis and actions to be taken
Administer annual, quarterly and monthly bonus programs for both managers and operations staff (currently only A&S and some Group)
Ensure compliance with equal pay laws, acts or statutes
Administer monthly service anniversary award program (currently only A&S)
Assist with compensation and equity related communications
Participate in compensation surveys and perform associated analysis
Study market trends to assist in developing effective compensation programs
Conduct internal research and analysis to assess compensation programs, and procedures across multi-state locations within the freight forwarding industry
Assist with annual compensation analysis, using internal and external tools, to ensure pay equity and market competitiveness
Ensures compensation programs and policies comply with legal and regulatory requirements
Annually review to ensure current salaries do not fall below minimum wage
Annually review to ensure exempt status positions still comply with legal and regulatory requirements
All other duties as assigned
Educational background / Work experience
Bachelor's degree in Business Administration, Human Resources, or related field preferred
3 years' experience in compensation administration (5+ years preferred)
Good understanding of job evaluations and compensation analysis
Proficient with compensation research and data analysis
Must have strong and proven analytical skills, and be detail-oriented, accurate in maintaining records and electronic filing systems
Analyze, develop, and maintain compensation programs to meet company objectives
Participate or lead special projects (e.g. pay structure development, job descriptions, AAPs)
Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position; review annually and recommend percent adjustment as applicable
Gather data from market-based compensation surveys; use spreadsheets and data analysis techniques to assess results and market trends
Prepare and maintain job descriptions for each position in the organization; ensuring descriptions accurately reflect the work being performed by incumbents through interviews with managers, Talent Acquisition team and HR Business Partners
Evaluate job positions, determining FLSA classification of either exempt or non-exempt status and assign wage range
Assist Talent Acquisition team and HR Business Partners on new hire offers, transfers, and promotions as requested
Lead the administration of annual merit compensation process by compiling employee eligibility, position, salary, and other information, providing managers with individual spreadsheets, consolidating returned sheets, preparing EC mass upload template, and coordinating with Payroll for accuracy and processing
Provide cost analysis leading up to and during the annual merit increase process as requested
Complete annual EEO reports
Lead annual OFCCP Affirmative Action Plan data collection and preparation in partnership with DSV outside counsel and HR Director and assist with associated analysis and actions to be taken
Administer annual, quarterly and monthly bonus programs for both managers and operations staff (currently only A&S and some Group)
Ensure compliance with equal pay laws, acts or statutes
Administer monthly service anniversary award program (currently only A&S)
Assist with compensation and equity related communications
Participate in compensation surveys and perform associated analysis
Study market trends to assist in developing effective compensation programs
Conduct internal research and analysis to assess compensation programs, and procedures across multi-state locations within the freight forwarding industry
Assist with annual compensation analysis, using internal and external tools, to ensure pay equity and market competitiveness
Ensures compensation programs and policies comply with legal and regulatory requirements
Annually review to ensure current salaries do not fall below minimum wage
Annually review to ensure exempt status positions still comply with legal and regulatory requirements
All other duties as assigned
Educational background / Work experience
Bachelor's degree in Business Administration, Human Resources, or related field preferred
3 years' experience in compensation administration (5+ years preferred)
Good understanding of job evaluations and compensation analysis
Proficient with compensation research and data analysis
Must have strong and proven analytical skills, and be detail-oriented, accurate in maintaining records and electronic filing systems