Compensation Design Strategist
5 days ago
Job Overview
The Compensation Design Strategist plays a pivotal role in crafting and implementing compensation structures that not only attract and retain top talent but also ensure internal equity and external competitiveness.
About the Role
This position requires a skilled professional with expertise in advanced analysis of market trends, job evaluations, pay scales, and compensation strategies. The ideal candidate will have a proven track record of handling complex compensation projects and collaborating with HR and leadership to design effective compensation programs.
Key Responsibilities
- Conduct thorough analyses on market trends, job evaluations, pay scales, and compensation strategies to provide actionable insights and recommendations for compensation adjustments and new initiatives.
- Collaborate with HR and leadership to design, implement, and administer compensation structures that align with business objectives.
- Manage compensation-related data within HRIS systems, generating reports for leadership review and decision-making.
- Ensure compliance with legal and regulatory standards, participating in audits and reviews as needed.
- Serve as a subject matter expert, advising management on compensation-related issues and best practices.
- Lead compensation-related projects, ensuring timely completion and alignment with business objectives.
Qualifications
- Bachelor's Degree in Human Resource Management, Business Administration, Finance, or a related field.
- 6+ years of experience in compensation analysis, with a proven track record of handling complex compensation projects.
Skills and Qualifications
- Compensation Modeling
- Compensation Programs
- Customer Service
- Incentive Plans
- HR Project Management
- Workday Compensation
- Microsoft Excel
Benefits
As a Compensation Design Strategist at Bread Financial, you can expect a competitive salary range of $120,000 - $180,000 per year, depending on your experience and qualifications. You'll also enjoy a comprehensive benefits package, including health insurance, retirement savings, and paid time off.
Additional Information
All job offers are contingent upon successful completion of credit and background checks. Bread Financial is an Equal Opportunity Employer, committed to fostering a diverse and inclusive workplace culture.
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