[Hiring] Compensation Specialist @Dealer Tire

Role Description

As a Compensation Specialist, your essential job responsibilities will include the following:

• Compensation Strategy & Market Analysis
  • 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 organizations.
  • 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
  • With support from the Senior Compensation Specialist, 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.
  • In collaboration with the Team Lead and Senior Compensation Specialist, assist in managing compensation change initiatives by developing strategic communications and creating comprehensive compensation guides and tools.
  • 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.
  • Partner with the business to annually update all incentive programs including sales commission plans, departmental plans and Profit Sharing plans.
• 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.
• Other Duties as Assigned

Qualifications

• 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.
• Ability to effectively communicate and collaborate 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.
• Ability to research and identify problems, develop proposals, conduct analysis independently and in collaboration with others.
• Demonstrated strategic decision making and project management skills.

Requirements

• Continuous viewing from and inputting data to a computer screen.
• Sitting for long periods of time.
• Travel required (<10%).

Benefits

• Competitive & comprehensive benefit package including: paid time off, medical, dental, vision, and 401k match (50% on the dollar up to 7% of employee contribution).
• Commission, bonus or profit sharing may be included in the total compensation package.