Compensation Supervisor supervises a team working on compensation plans and programs and related analysis. Oversees common compensation projects, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Supervisor ensures that compensation plans and programs are consistent with organizational policies and all applicable federal and state laws. Maintains salary structures and company compensation policies. Additionally, Compensation Supervisor is responsible for survey participation and compensation analysis. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a manager. The Compensation Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Compensation Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
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About the Role
The Compensation Specialist I plays a pivotal role in support the Human Resources team through compensation management and administering. This position involves responsibility for executing, maintaining, and analyzing compensation structures to ensure competitiveness and compliance with organizational policies and legal requirements. See below for more details.
Qualifications
· Bachelors Degree and 2 years of experience in Human Resources (healthcare or service organization experience preferred) as a Compensation Analyst/Specialist.
· Experience working with Compensation Management systems such as Workday, PayFactor , with strong skills in Excel.
· Must have advanced mathematical and analytical skills necessary to effectively gather, analyze and interpret data and policies, identify complex social, technical, and administrative problems and to develop an appropriate action plan for positive results.
· Demonstrated proficiency in creating extensive spreadsheets, word processing, proficiency in Excel, Word, PowerPoint and Workday preferred.
· Must have advanced written, verbal communication skills to develop correspondence, write policies and procedures, develop written communication tools, and provide regular and routine reports as required.
Responsibilities
· Acts as a resource to resolve complex problems and/or to recommend and implement improved systems/processes.
· Utilizes a variety of systems to organize, track, trend, and perform analysis and present information. Maintains accurate data and records to depict activities in areas of responsibility, prepares regular and special reports and analysis and submits to management as necessary or upon request.
· Participates in the development, implementation, communication and maintenance of plans, programs, and activities in area(s) of responsibility. Regularly monitors programs and activities to ensure they are in concert with Organizational and department objectives, goals, and philosophy. Provides the necessary data and analysis to support recommendations for change.
· Participates in developing, documenting, training, and implementing new Human Resource Compensation processes. Communicates processes to BHG management and employees where appropriate.
· Participates in developing, implementing, communicating, and administering the Organization's wage and salary programs.
· Performs analysis of current and proposed scenarios as necessary to determine appropriate range movement based upon internal equity and market trends. Gathers and interprets data from specified market areas. Matches positions, pay plans, and pay practices accurately, summarizes data collection and provides timely analysis of such in accordance with established procedures to provide appropriate recommendations for change and improvements within budgetary constraints of the Organization.
· Acts as a resource to management in the development of job descriptions and job analysis. Develops and maintains systems to ensure job descriptions are current and accurately depict job duties. Performs job analysis through interview with management, determines exempt/non-exempt status, and analyzes labor market data. Utilizes established procedures to recommend placement within wage and salary structures, submit for appropriate approval, and complete the procedures necessary to identify and place the position in the HR/Payroll systems and communicate changes to staff and management.
· Provides recommendation for increases within established procedures for hire, promotion, and demotion. Monitors new hire activity, changes of status, bonus recommendations and special requests to ensure accuracy and consistency in practices. Maintains appropriate tracking systems and prepares regular and special reports depicting activity.
· Upload and audit EIB/One Time Payment requests into Workday on a biweekly basis.
· Reviews position requests for placement on the agenda for Position Control Team meeting. Notifies appropriate constituents of the results of the meeting.
· Serves as Workday Governance compensation lead regarding testing and Workday releases.
· Cross-training to assist the Compensation Analyst and Compensation Manager as needed.
· Other duties as assigned.
Job Type: Full-time
Benefits:
Schedule:
Ability to Relocate:
Work Location: Hybrid remote in Kalamazoo, MI 49007
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