Compensation Specialist

About the role

The Compensation Specialist will support compensation cycle processes, market benchmarking, and salary structure management. They will ensure accurate data reporting, audit, and compliance while serving as a trusted advisor to HR partners on compensation policies and best practices.

Responsibilities

• Support the development and execution of annual compensation cycles, including pay review materials and training programs.
• Administer salary increase processes, ensuring smooth execution and alignment with compensation guidelines.
• Conduct annual compensation planning and benchmarking surveys, analyzing market trends to maintain competitive pay structures.
• Oversee job matching methodology and provide guidance on market reference jobs.
• Regularly review and maintain salary structures to ensure consistency and market competitiveness.
• Perform job catalog audits and implement refinements where necessary.
• Conduct compensation audits and ensure compliance with regulatory standards.
• Support reporting efforts, including general and ad hoc compensation analyses.
• Provide guidance to HR partners with compensation guidelines and best practices.
• Aid in the development of training materials and educational resources to enhance compensation understanding across the organization.

Requirements

• Typically, Bachelor’s degree in Human Resources, Finance, Business Administration, or related field.
• Over three (3) years of experience in compensation analysis, benchmarking, and program administration.
• Strong understanding of job evaluation, salary benchmarking methodologies, and compliance practices.
• Detail-oriented with excellent analytical and problem-solving abilities.
• Proficiency in HRIS systems, compensation survey tools, and data reporting platforms.
• Ability to collaborate and provide advisory support to HR professionals.
• Must live local to the Buffalo, NY area to work onsite.

Qualifications

• Must live local to the Buffalo, NY area to work onsite.

Skills

• Strong understanding of job evaluation, salary benchmarking methodologies, and compliance practices.
• Proficiency in HRIS systems, compensation survey tools, and data reporting platforms.
• Ability to collaborate and provide advisory support to HR professionals.

Benefits

• Financial Rewards: great compensation package, bonus opportunities, matching 401k, and the ability to participate in Employee Stock Purchase Plan (select locations).
• Work/Life Balance: Flexible paid time off, holidays and parental leave program.
• Health & Welfare: Comprehensive insurance coverage including medical, dental, vision, life, disability, Employee Assistance Plan (“EAP”) and other supplemental benefit coverages.
• Professional Skills Development: Tuition Assistance, mentorship and coaching opportunities, leadership development and other personal growth programs.
• Culture: Warm, respectful, family-like environment driven by our 12 core values. Multiple Employee Resource Groups led by our employees, open and welcoming to all.

Pay

Buffalo, NY $70,000.00–$90,000.00 Annually

Schedule

Hybrid – Buffalo, NY