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Compensation Business Partner

Location
Detroit, TN, United States

Posted on
Apr 01, 2023

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,AnswerValue:u003cpu003eu003cspanu003eu003cbu003eJob Summaryu003c/bu003eu003cbru003eu003cbru003eResponsible for compensation consulting, support and collaboration with HR Business Partners and senior management, ensuring and recommending competitive and analytically driven compensation offering and support the compensation needs of the organization(s) while adhering to state, federal and local compliance, and managing special projects.u0026nbsp; This position provides direct support to the Manager, Compensation.u0026nbsp; This position functions in a centralized compensation environment for assigned companies.u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u0026nbsp;u003c/spanu003eu003c/pu003eu003cpu003eu0026nbsp;u003c/pu003eu003cpu003eu003cspanu003eu003cbu003eKey Responsibilities u003c/bu003eu003c/spanu003eu003c/pu003eu003culu003eu003cliu003eConsults with HR Business Partners and senior management on compensation decisions and strategy.u0026nbsp;u003c/liu003eu003cliu003eProvides data analytics and compensation analysis.u0026nbsp; May prepare reports, such as organization and flow charts, and career path reports, to summarize job analysis and evaluation and compensation analysis information.u003c/liu003eu003cliu003eConducts market analysis and insights for new and existing roles.u0026nbsp; Conducts, participates in and analyzes wage surveys.u0026nbsp; Utilizes survey and resources that results in viable compensation related recommendations.u003c/liu003eu003cliu003eResponsible for the creation and maintenance of compensation and compensation-related data in the Workday system, including job profiles, salary structures, incentive plans, reporting and validation.u003c/liu003eu003cliu003eConducts FLSA testing, audits, and determines status, assigns occupational status, and makes salary recommendations.u003c/liu003eu003cliu003eCollaborates with HR and Recruiting to level and map job roles to our compensation structure.u003c/liu003eu003cliu003eDevelop and delivers compensation related training and education materials.u0026nbsp;u003c/liu003eu003cliu003ePlans and supports annual compensation planning activities.u003c/liu003eu003cliu003ePartners in the design, implementation and review of variable compensation related programs.u003c/liu003eu003cliu003eManages compensation related projects to implement or update changes such as HRIS system updates and compensation policies.u003c/liu003eu003cliu003eMonitors, audits, and investigates compensation and HRIS related matters and regulations accordingly including, but not limited to, FMLA, Wage and Hour, EEOC, DOL.u003c/liu003eu003cliu003eActs as a liaison between departments (payroll, benefits, workers compensation, and HR Services).u003c/liu003eu003cliu003eMaintain the highest level of confidentiality and sensitivity to all Compensation and HR related matters and information.u003c/liu003eu003c/ulu003eu003cpu003eu0026nbsp;u003c/pu003eu003cpu003eu003cbu003eSupplemental Job Functions u003c/bu003eu003c/pu003eu003culu003eu003cliu003eRepresent the company or business unit entities at external events.u003c/liu003eu003cliu003eCollaborate on HR-related projects or task forces.u003c/liu003eu003cliu003eOther duties as assigned.u003c/liu003eu003c/ulu003eu003cpu003eu003cspanu003eu003cbu003eMinimum Knowledge, Skills and Abilities u003c/bu003eu003c/spanu003eu003c/pu003eu003culu003eu003cliu003eBachelor degree in Human Resources or related discipline.u0026nbsp;u003c/liu003eu003cliu003eMinimum of five (5) years experience in compensation advising/consulting, compensation administration, evaluation and design.u003c/liu003eu003cliu003eAnalytical ability with strong attention to detail, problem-solving and recommendation capabilities.u003c/liu003eu003cliu003eKnowledge of local, state, wage and hour laws, determining FLSA, working in HRIS and payroll systems.u003c/liu003eu003cliu003eDemonstrated computer proficiency (MS Office, report writer, database, Visio) and compensation sourcing methods, advanced proficiency in advanced Excel.u003c/liu003eu003cliu003eAbility to prioritize and manage concurrent high priorities and complex projects.u003c/liu003eu003cliu003eEvidence of highly developed written, verbal communications skills, with the ability to communicate to a wide range of audiences. u0026nbsp;Ability to present information and provide training to large groups of people.u003c/liu003eu003cliu003eAbility to work independently and take initiative, while also being part of a team.u003c/liu003eu003cliu003eValid driver’s license and the ability to travel and adhere to the corporate travel policiesu003c/liu003eu003c/ulu003eu003cpu003eu003cspanu003eu003cbu003ePreferred Knowledge, Skills and Abilities u003c/bu003eu003c/spanu003eu003c/pu003eu003culu003eu003cliu003eRetail compensation knowledge and/or experience.u003c/liu003eu003cliu003eCertified Compensation Professional designation and/or Society for Human Resources (SHRM) certification.u003c/liu003eu003c/ulu003eu003cpu003eu003cspanu003eu003cbu003eWorking Conditions u003c/bu003eu003c/spanu003eu003c/pu003eu003culu003eu003cliu003eu003cpu003eu003cspanu003eWorks in a normal office environment where there is no physical discomfort due to temperature, noise, dust and the like.u003c/spanu003eu003c/pu003eu003c/liu003eu003cliu003eu003cpu003eu003cspanu003eExposure to elements via travel by automobile, airplanes etcu003c/spanu003eu003c/pu003eu003c/liu003eu003c/ulu003e,

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