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Job Details

Compensation Specialist

Company name
Penske Corporation, Inc.

Location
Reading, PA

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Position Summary:

As a Penske Compensation Specialist you provide support to the Compensation group in the areas of Salary Administration, Bonus Administration, and Wage Equity Administration. You will also be responsible for Job Evaluations, Surveys and wage analysis, Bonus Administration projects, and drive Pay Delivery assessment with the purpose of making recommendations to modify existing plans or create new programs to meet organization and department objectives.

Responsibilities:

Compensation System Administration

-Use technical knowledge to ensure Compensation Workbench, Manager Self Service, and other compensation databases are accurate, efficiently operating, and updated timely.

-Troubleshoot user issues and create solutions for common errors.

-Provide daily support for clients.

-Collaborate with HR and IT functional groups to create and maintain tools and training.

-Partner with vendors and IT group in the development, testing, and rollout of new integrations, interfaces, and upgrades.

-Provide data analyst support for issues and projects.

-Develop ad hoc and custom reports for client teams.

-Other projects as assigned by supervisor

Compensation Consultation

-Collaborate with the Area Human Resources Managers to provide guidance on total compensation solutions, off-cycle adjustments and reporting support.

-Conduct scheduled and ad-hoc market pricings and FLSA compliance evaluations for positions to include base, incentive and total cash compensation and communicate findings to managers.

-Compile job descriptions, position analysis questionnaires, conduct desk audits, job factor analysis, and new position justification.

-Conduct competitive wage and salary structures assessments, including geographic differentials. Review all wage and salary changes for conformance to policy. Conduct and participate in compensation surveys.

-Applies commonly used HR & Payroll concepts, practices & procedures to ensure data -accuracy of HR System.

-Assist in preparing annual salary and bonus target and budget preparation and reporting.

Requirements

-3 or more years of Compensation/HR analytical experience in area of variable pay and point factor analysis, Bonus and Salary Administration and/or equivalent in Compensation analysis, market pricing and audit.

-BA/BS required, preferably in IT/Business/Human Resources or related field

-Prior database and technical systems expertise required

-Intermediate skills with Excel spreadsheets required

-Intermediate skills with Access or comparable databases, including ability to create and modify queries and reports

-Familiarity with Oracle Applications a plus.

-Excellent customer service focus

-Ability to work productively independently and in a team environment

-Innovative problem solver with strong analytical and decision making skills

-Strong written and verbal communication skills

-Capacity to learn quickly and adapt to change

-Willingness and ability to work extended hours when required

- Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required

Physical Requirements:

- The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

- The associate must regularly lift and /or move up to 25 pounds, frequently lift and/or move up to 50 pounds.

- Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception and Ability to adjust focus.

- While performing the duties of this Job, the associate is regularly required to stand; walk; sit and talk or hear. The associate is frequently required to use hands to finger, handle, or feel and reach with hands and arms.

Penske Truck Leasing Co., L.P., headquartered in United State is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions.

Penske is an Equal Opportunity Employer, including individuals with disabilities and protected veterans.

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Company info

Penske Corporation, Inc.
Website : http://www.penske.com

Company Profile
Penske Corporation is a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, including retail automotive, truck leasing, transportation logistics, transportation component manufacturing and professional motorsports. Penske Corporation manages businesses with revenues in excess of $23 billion, operating in more than 3,300 locations and employing approximately 47,000 people worldwide.

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