Compensation Specialist
Dealer Tire · United States · 1 mo ago
RemoteRemoteHuman ResourcesFull-time
Essential Job Responsibilities
- Evaluate and monitor industry compensation trends, survey data, and local market developments that impact non-exempt positions including, but not limited to, technicians, distribution centers, tire stores, and field roles.
- Create and manage compensation reports in Compensation Management tool to assess our program's market competitiveness, evaluate initiative effectiveness, and use data for strategic business decisions.
- Assist in conducting pay equity analyses to ensure fair and consistent compensation practices across the organization.
- Evaluate job positions, collaborate with legal to determine FLSA classification, write job descriptions, establish pay ranges and compile cost-of-labor and cost-of-living data.
- Support all entities within The Dealer Tire Family of Companies with non-exempt compensation market reviews, consulting with the Talent Acquisition teams and HRBPs and providing guidance and recommendations on offers for new hires and internal promotions and transfers.
Compensation Programs & Compliance
- Develop and oversee non-exempt compensation programs, conducting scenario analyses to inform recommendations for program administration, expansion to new locations, or targeted pay adjustments.
- Ensure compensation programs comply with local, state, and federal regulations.
- Manage incentive and bonus plan communication and administration for all non-exempt roles.
- Partner with the Senior Compensation Specialist on the administration of the annual merit process.
- Partnership with the business to annually update all incentive programs including sales commission plans, departmental plans and Profit Sharing plans.
- Manage compensation change initiatives by developing strategic communications and creating comprehensive compensation guides and tools.
Workday Administration & Business Partnership
- Maintain compensation data and ensure accuracy in Workday, including compensation grades, compensation grade profiles, compensation plans, and assignments.
- Review all offers of employment within Workday and ensure accuracy and compliance.
- Process wage and salary adjustments in Workday due to merit increases, market adjustments, promotions or other job changes.
- Drive accountability of compensation decisions and strategy with strong partnerships across the business that support pay equity and DEI initiatives.
Competencies Required
- Results Orientation
- Agility
- Initiative
- Influence
- Customer Focus
- Think Broadly
- Understand Data
- Recognize Implications
- Gather Information
Requirements
- Bachelor’s degree in business administration or HR management or a combination of education and experience that enables performance in all aspects of the position
- 2+ years of compensation administration experience; demonstrated knowledge of compensation methodologies, commonly used concepts, practices, and procedures
- Knowledge of compensation principles (market pricing, salary structures, pay equity, and compliance)
- Demonstrated proficiency in MS Excel and Microsoft Office suite
- Effective communication and collaboration cross functionally
- Strong analytical skills and attention to detail
- Excellent interpersonal, verbal and written communication skills
- Excellent time management skills
- Ability to interact with and influence others effectively
- Research and identify problems, develop proposals, conduct analysis independently and in collaboration with others
- Demonstrated strategic decision making and project management skills
Physical Job Requirements
- Continuous viewing from and inputting data to a computer screen
- Sitting for long periods of time
Drug Policy
Dealer Tire is a drug-free environment. All applicants being considered for employment must pass a pre-employment drug screening before beginning work.