Compensation Coordinator
3 weeks ago
About Lubrizol
The Lubrizol Corporation, a Berkshire Hathaway company, is a specialty chemical company whose science delivers sustainable solutions to advance mobility, improve wellbeing and enhance modern life. Founded in 1928, Lubrizol owns and operates more than 100 manufacturing facilities, sales, and technical offices around the world and has about 8,000 employees. For more information, visit www.Lubrizol.com.
We value diversity in professional backgrounds and life experiences. By enabling a consistent, unbiased, and transparent recruitment process, Lubrizol seeks to create a positive experience for candidates so we can get to know them at their best. We recognise unique work and life situations and offer flexibility, ensuring our employees feel engaged and fulfilled in every aspect of life.
Summary of the Role:
The Compensation Coordinator plays a vital support role within the Human Resources department, focusing on the coordination and execution of various compensation activities. This position ensures the accuracy and timeliness of all compensation-related processes, including merit adjustments, cost of living (COL) increases, collective labor agreement (CLA) adjustments, recognition awards, and senior leadership compensation. The role involves close collaboration with various HR functions to ensure that compensation data and processes are in compliance and aligned with company policies.
Responsibilities / Accountabilities:
- Coordinate and execute all forms of compensation and awards, including annual and off-cycle market adjustments, promotions, COL and CLA increases, recognition awards, and senior leader compensation.
- Load and update salary budgets, adjusted salary ranges, variable pay plans, and configure/test systems for annual adjustments.
- Assign employees to appropriate pay and incentive groups, ensuring alignment with compensation guidelines.
- Run calculations for bonuses, incentives, and payouts for various groups and individuals
- Monitor and coordinate the completion of compensation adjustment activities, ensuring system and data accuracy throughout the process.
- Validate the readiness and accuracy of individual pay notifications and letters before distribution.
- Serve as the primary contact for employees and managers to resolve compensation-related issues,
- Validate the transmission of compensation adjustments, variable pay plans, and other relevant data to payroll and third-party vendors.
- Process reconciliations for retirement plans, merits, and bonuses, ensuring accurate records and compliance with company policies.
Requirements (education, experience, competencies and specific job requirements):
- Proven experience (5+ years) in an HR coordinator or relevant human resources/administrative position, with a
focus on compensation.
- Exposure to Labor Law and employment equity regulations.
- Detail-oriented and analytical, with a strong focus on accuracy and data integrity.
- Ability to work independently and as part of a team, demonstrating initiative and proactive problem-solving skills.
Position will report to the Sr Mgr., Data Management & IMEA Leveraged Services
Education / Certification:
- Bachelor’s degree in human resources or related field is preferred and relevant experience can be considered.
- Additional education or certification in Human Resources or Compensation Management is a plus.
Experience and Skills:
- Strong knowledge of human resources processes and best practices, particularly in compensation management.
- Proficiency in using SAP and MS Office, with advanced skills in MS Excel.
- Experience with HR databases and HRIS systems, particularly SuccessFactors.
- Excellent communication and interpersonal skills, with the ability to effectively interact with employees at all levels.
- Ability to handle sensitive and confidential information with the utmost discretion.
- Strong organizational and time management skills, with the ability to manage multiple tasks and priorities effectively.
Ready for your next career step? Apply today and let's shape the future together
It’s an exciting time to be part of Lubrizol. Lubrizol is not staying put. We are continually learning and evolving. Our passion delivers our success — not only for Lubrizol but for those who count on us every day: our employees, customers and communities.
We work with a relentless commitment to operate safely and responsibly, keeping safety, sustainability, ethics, and compliance at the forefront of everything we do. The well-being of our employees, customers and communities is paramount to our culture and in the way we approach our work.
As a diverse, global team, we work together to solve some of the world’s most pressing challenges. We impact everyday lives through science only Lubrizol can deliver, and we never stop pushing to do it better.
One of the founding principles of The Lubrizol Corporation more than 90 years ago was treating every employee with dignity and respect. That same commitment is only stronger today.
More than that, we are committed to providing an environment where every employee can be the best they can be, no matter their ethnic origin, religion, sex, national origin, sexual orientation, gender identity, disability or any other characteristic.
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