Sr. Compensation and Rewards Specialist
Company
Electrolux
Location
Other US Location
Type
Full Time
Job Description
HR
Permanent
Job Description
All about the role:
The Senior Compensation & Rewards Specialist provides professional level support for compensation, recognition and rewards programs in North America. This role is responsible for leading the design and administration of corporate rewards programs, conducting internal and external cost analyses, facilitating compensation review activities, and evaluating proposals of reward and recognition programs.
What you’ll do:
- Collaborate and consult with HR Partners and business leaders to evaluate salaried positions across the region utilizing Electrolux job hierarchy and industry position evaluation methods
- Develop and enhance compensation plans and sales commission incentive plans, including implementation, change management, organizational cost impact, and communication
- Serve as a lead for new rewards programs and initiatives; collaborate with members of the Rewards team and outside consultants
- Conduct market analyses and update pay structures for hourly manufacturing and warehouse positions to support local site HR teams; create salary structure models and pay lines across multiple operational levels.
- Consult, advise, and make recommendations regarding compensation decisions, including establishing pay rates for new hire, promotion, demotion, and other transfer pay actions
- Support cyclical compensation and rewards programs, including the annual pay review process, corporate short-term incentive plan, and executive compensation programs.
- Facilitate the review of compensation operations, including organization classification reviews, rewards policies and practices, and pay compliance studies
- Partner with People Services & Solutions team to ensure that HR systems properly store compensation data for reporting and information is updated to reflect changes to pay structures and bonus programs
- Maintain working knowledge of current compensation trends, participate in market surveys, and prepare cost analyses to assist the organization in evaluating rewards proposals
- Prepare communication materials to enhance organizational understanding of compensation plans and educate HRBPs and managers on Electrolux job architecture
- Develop and document procedures to streamline processes and ensure compliance with regulatory requirements
Qualifications:
- Proficiency with Microsoft Office applications, specifically Excel, Word, and PowerPoint; experience creating and generating Excel spreadsheets (e.g., V-lookup, graphs, pivot tables)
- Excellent math skills and ability to conduct complex analyses
- Strong verbal and written communication skills; ability to effectively collaborate with all levels of the organization
- Familiarity with local, state, and federal laws and regulations such as the Fair Labor Standards Act, Equal Pay Act, minimum wage and overtime requirements
- Ability to accomplish results within a fast-paced, multi-tasking environment
- Unquestionable ethics and integrity and ability to handle sensitive and confidential information with professionalism
- Strong attention to detail
- Continuous improvement mindset and ability to implement and drive change
Minimum Qualifications:
- Bachelor’s Degree required
- Minimum of four years of relevant compensation or rewards experience in HR for US or international organizations, preferably in a multinational company or in the manufacturing industry
- Prior experience with job evaluation systems (i.e. Mercer, Willis Towers Watson)
- HR or compensation specific certification (i.e. CCP, PHR) preferred
- Project management experience preferred
Benefits highlights:
- Medical benefits start day one
- Generous 401K match
- Tuition reimbursement opportunities
As part of Electrolux, we will continuously invest in you and your development. There are no barriers to where your career could take you.
Find more on:
Electrolux North America: https://www.linkedin.com/company/electrolux/life/northamerica/
Electrolux Home Products, Inc. is an Equal Opportunity Employer (EOE). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, disability, or veteran status. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. The company is pleased to provide such assistance, and no applicant will be penalized as a result of such a request.
Date Posted
12/30/2024
Views
0
Similar Jobs
Becario GMP - Cencora
Views in the last 30 days - 0
Cencora is seeking a dedicated professional to join their innovative team aiming to improve lives of people and animals The role involves evaluating p...
View DetailsOperations Functional Support Specialist - Dynamics 365 Finance & Operations (IN) - Cencora
Views in the last 30 days - 0
Cencora is seeking a Functional Support Specialist with 25 years of experience in Microsoft Dynamics 365 Finance Operations particularly in Operation...
View DetailsSoftware Architecture Engineering and Cloud Computing Engineer - The Aerospace Corporation
Views in the last 30 days - 0
The Aerospace Corporation is seeking a Senior Project Engineer with expertise in software architecture engineering and cloud computing The role involv...
View DetailsSenior Sourcing Specialist - UL Solutions
Views in the last 30 days - 0
The job description outlines a role in sourcing and supplier management for a global leader in applied safety science UL Solutions The position involv...
View DetailsSenior Customer Success Manager - Qualtrics
Views in the last 30 days - 0
Qualtrics is seeking a Senior Customer Success Manager to join their team The role involves working closely with clients to maximize the value of Qual...
View DetailsOutside Sales Account Executive, Southeast - Xplor Technologies
Views in the last 30 days - 0
Xplor is a company that provides cloudbased technology solutions to small and mediumsized businesses enabling them to manage business operations effic...
View Details