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Job Details

Senior Compensation Specialist

Company name
Sovereign Bank

Location
Dorchester, MA

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Senior Compensation Specialist','1802476','!*!At Santander, people are at

the core of everything we do.  The groups within the Human Resources team

work together to attract, develop, and retain Santander’s most valuable asset:

our team members.  As a member of the Human Resources team you’ll be a

part of our mission to develop people strategies and programs that support the

achievement of Santander’s business objectives

 

Santander has an opening for a

Sr. Compensation Specialist to join the HR Compensation team.

The primary function of the Sr.

Compensation Specialist is to provide detailed compensation research and

analysis studies, participate in compensation surveys, and analyze responses to

ensure that compensation remains competitive to attract, retain and motivate

employees. The secondary function is to formulate conclusions and make

recommendation to managers, supervisors, and team members related to all broad

based compensation programs and policies.

Analyzes compensation programs for various

employee groups, including exempt, non-exempt, and management.Supports business lines for requests for market

salary comparison data using advanced Excel skills including: VLookups, pivot tables,

IF statements, etc.Provides targeted, solution based consultative

support to HRBPs and act as a reliable Compensation Partner focused on

maximizing results while maintaining Compensation integrity and values.Autonomously or with general direction, prepares

presentations and reports for Sr. Management and Board Meetings.Participates in salary surveys by determining

appropriate job matches and furnishing requested information.Analyzes results of salary surveys for

Santander’s benchmark and non-benchmark jobs and provides data on market

changes for salary planning.Develops and administers data auditing processes

to maintain and ensure data integrity. Administers and maintains automation of analyses

for Human Resources data requirements.Assists in management of annual compensation

reviews; merit cycle planning, supports and maintains compensation planning

system and participates in the administration of all related processes.Conducts job evaluations as well as investigates

and recommends resolution on classification questions and Fair Labor Standard

Act (FLSA) exemptions.Ensures Compliance with Compensation related

laws and regulations and complete required audits (i.e. Quarterly and Weekly

FLSA Audits, Car Allowance Audits, Annual Minimum Wage Act process, monthly

approved JDs audit, biweekly Merit RFL audits)Maintains a thorough knowledge and competency

level of contemporary issues, practices, regulations, and systems applications

within compensation and human resources.','!*!Bachelor’s Degree required (focus in HR, finance, business, or related field preferred)3-5 years in a compensation or

finance roleDemonstrated use of analytical skills – both

using tools (ex. Excel, Business Objects, etc.) and problem solving/critical

thinking skillsAbility to handle sensitive information with the

highest degree of integrity and confidentialityAbility to interact and communicate with all

levels of the organization, mindful of the culture and diversity of the

audienceAbility to prioritize tasks and handle numerous

assignments simultaneouslyAbility to prioritize in a high-pressure,

fast-paced environmentAbility to problem solve and adapt quickly to

changing circumstancesStrong verbal communication, writing and

interpersonal skills along with the ability to form strong cross-functional

relationshipsMust have a team player mindset, actively take

initiative and have a strong work ethicAt Santander, we value and respect

differences in our workforce and strive to increase the diversity of our teams.

We encourage everyone to apply.

','HR Support (Non-Recruiting)','Massachusetts-Dorchester','','Full-time','Apr 16, 2018','','false','Senior Compensation Specialist

Company info

Sovereign Bank
Website : http://www.sovereignbank.com

Company Profile
Access our current and historical news, and learn about our investment in our communities and our history. At Sovereign Bank, we are committed to:

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