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)
Primary Function:
The primary function of the Compensation Specialist is to conduct analysis and interpretation related to the
company’s compensation programs. The Specialist contributes data to, and analyzes the results of, various
compensation surveys. The Specialist will conduct market studies of company jobs to determine competitive
positioning of the organization’s pay rates. The Specialist updates and maintains the Job Description database for
the entire company.
Values:
To perform the job successfully, the incumbent’s behavior must be consistent with the PRIDE values expected of
all Mastronardi Produce employees: be Passionate; have Respect; be Innovative; be Driven and strive for
Excellence.
Primary Responsibilities:
• Collaborates with management on a variety of projects, including program design, analysis, budgeting,
and implementation of new programs
• Assists with annual performance review and merit increase process
• Manages survey participation and analysis
• Develops and documents procedures to streamline processes for compensation and job description
requisitions, timeline, and delivery
• Develops and documents procedures to ensure compliance with regulatory requirements and guidelines;
coordinates with HR to educate senior management on any changes or updates
• Works with HRIS and IT to ensure that HRIS software meets compensation needs and is updated to
reflect changes to salary structure, bonus programs, etc.
• Communicates salary and bonus programs when necessary to newly hired employees and their
managers
• Assist all HR managers with compensation related issues and inquiries
• Reviews and recommends salary placements for new hires
• Reviews new positions to ensure appropriate classification prior to recruitment. Based on position specific
information, modifies and creates new descriptions which accurately reflect requested roles,
responsibilities, and requirements
• Makes recommendations on appropriate pay grade level for new positions and reviews any existing
recommendations for internal equity. Prepares reports on findings and handles administrative steps to
formalize recommendations
• Manages requests for wage/salary adjustment. Reviews all requests and makes classification/pay level
recommendations. The review process could include job analysis, conferring with management or other
employees, and preparing a report on findings that communicates the results to stakeholders
• Researches situations as they arise related to all aspects of compensation to provide clarity and
resolution
Education/Background Requirements:
• Must possess bachelor’s degree in related field
• At least 3 years of experience in Compensation
• HRIS experience a plus
Specific Knowledge, Skills and Abilities Required
• Must possess bachelor’s degree in related field and at least 3 years of experience
• Experience in compensation analysis
• Experience with compensation survey analysis software programs
• Knowledge of HR principles and best practices in compensation including job analysis/evaluation
• Knowledge of applicable federal, state, and local rules, regulations and/or statutes
• Experience with Microsoft Excel and other Office Suite programs
• Possess experience with conducting studies and preparing sound recommendations
• Strong analytical skills
• Ability to maintain confidentiality with proprietary and personal information is high priority
• Skill to prepare written material for a variety of audiences
• Possess ability to effectively communicate both in writing and verbally
Working Conditions:
• Typical office environment
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