Compensation Lead Job Description
Compensation lead
provides company compensation data for various compensation surveys and analyze compensation survey data results to determine competitiveness of company’s compensation program.
Compensation Lead Duties & Responsibilities
To write an effective compensation lead job description, begin by listing detailed duties, responsibilities and expectations. We have included compensation lead job description templates that you can modify and use.
Sample responsibilities for this position include:
Advise and execute on HCM processes including compensation, offer management, program analyst compensation & promotions
Manage compensation processes for respective business areas
Evaluate existing processes in-line with industry trends, create innovative process improvements, negotiate and obtain buy-in from cross-functional teams and implement changes to improve operating efficiencies while meeting annual performance metrics
Act as facilitator of proposed solutions and as integrator of all processes, tools and solution for the EMEA C&B team
Serves as a ready resource to HR on compensation related enquiries
Build value-based relationships with cross-functional managers
Lead the reconciliation and delivery of the annual grant process for Equity-based awards to global participants
Support the delivery of year-end reporting and Available and Outstanding Shares Reporting to various stakeholders
Ensure compliance on equity-related financial transactions
Apply knowledge of Equity policies to manage plans and program performance, adherence to Federal, State and Local legislation, adherence to internal and external audits, SOX compliance, company policies and standard practices to ensure compliance and minimize financial risk to the Company
Compensation Lead Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Compensation Lead
List any licenses or certifications required by the position: HCM, CCP, PHR, CEBS, SPHR, ACCA, HR, SCP, CP, SHRM
Education for Compensation Lead
Typically a job would require a certain level of education.
Employers hiring for the compensation lead job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Human Resources, Education, Accounting, Business/Administration, MBA, Economics, Technical, Statistics
Skills for Compensation Lead
Desired skills for compensation lead include:
Health solutions industry
HRIS systems
Data analysis methods
Interrelationships of data transfers
Processes
Total compensation principles and ability to apply them to compensation delivery
Which includes the ability to analyze and interpret data
Charge back data
Microsoft Suite of business software
Xponent data
Desired experience for compensation lead includes:
Education – Bachelor’s Degree in Finance or Human Resource or equivalent work experience, CPA, MBA preferred
Work Experience – At least 7 years work experience in HR and/or Finance
5-10 years of compensation and/or benefits experience
Consulting firm experience strongly preferred
Demonstrated experience advising clients on rewards topics/issues
Ability to analyze vague project requests and clarify into specific tasks, next steps and deliverable
Compensation Lead Examples
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Compensation Lead Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of compensation lead. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for compensation lead
- Manage Weekly, Monthly, Yearly, Quarterly, and Annual audits as outlined in Audit Review Plan Documentation
- Manage the annual delivery of the consolidated Stock Ownership details to the COE and Executive Services
- Oversee the Special Equity Program delivery and report out
- Manage internal systems housing highly confidential data to ensure integrity and accurate reporting of global data
- Oversee equity related system updates of the Stock Option System, Merrill Lynch, SAP (shareTax) to include, but not limited to annual and monthly tax rate updates
- Manage system issues
- Lead and influence IT Partners in the system administration of Global Equity programs to ensure adherence to global equity policies
- Manage the revising and delivery of SOX Narratives
- Partner and connect with the Americas leadership teams to improve our sales force effectiveness analytics, the sales force Health of the Business Metrics, and the Americas quota strategy and execution
- Identify trends / insights, connecting with relevant business partners where natural connections occur
Qualifications for compensation lead
- Experience in working on Financial industry like Banking / Insurance / Capital Markets , will be highly relevant
- Onsite work experience in UK / Caribbean is mandated and PMP or QA Certified professional preferred
- Manage Defect Triage Meetings
- Design / creation & execution of SQL Queries (P)
- Professional with minimum 3 years of experience on multiple projects with multiple interfaces and/or 3rd parties
- Experience managing a large group of stakeholders managing direct report(s)
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Compensation Lead Job Description
Job Description Example
Our growing company is looking to fill the role of compensation lead. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for compensation lead
- Build and manage financial models (burden rate analysis, total rewards quantification, compensation planning, etc)
- Draft and delivery of C&B due diligence reports
- Work with the business unit on executive compensation, employee grade leveling and compensation packages
- Design and deliver Total Compensation presentation and individual compensation packages
- Develop compensation, benefits and equity proposal in support of the acquisition strategy
- Analyze target company data to identify key HR-related financial exposures in a due diligence context, including those related to compensation and benefits plans
- Partner with the HR M&A Deal lead, Project Manager, Transition lead and extended HR partners on addressing integration issues (e.g., immigration, relocation, payroll readiness, hire day logistics and stock option plans) to ensure a smooth transition for the acquired employees
- Build project list plan around C&B solutions for up to 2 years in advance, lead and drive projects by clearly defining project objectives, C&B issues to be addressed, requirements, limitations and constraints, improvements, alignment, standardization, knowledge sustainability needs, resources and timelines
- Plan and execute project management by defining project stages, setting priorities, developing action plans and allocating resources
- Monitor and access project progress on a regular basis, follow up and control the status and completion of stages
Qualifications for compensation lead
- Three years of Oracle enterprise resource planning (ERP), Human Capital Management (HCM) implementation, and upgrade experience
- Experience with Incentive Compensation Software ( Optymyze, Ibm Cognos ICM, Synygy, Xactly), SAP-BW, Visual Analytic tools
- Intermediate-to-Advanced Microsoft Excel (pivot tables, macros, vlookups, etc) skills are required
- University degree or related required (All majors accepted
- English & Portuguese language fluent, multi-lingual with strong written and verbal communication skills - business fluent
- Must be able to understand and explain detailed and/or complex accounting guidelines and procedures
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Compensation Lead Job Description
Job Description Example
Our growing company is looking to fill the role of compensation lead. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for compensation lead
- Engage in projects related to improving compensation processes, the CoE or the effectiveness of working with various stakeholders
- Ensure adhering to the Company’s best practices and OE techniques
- Manage key stakeholders to timely obtain required input and contributions, timely update them on project results, and engage the right parties at the right time
- Gather feedback from stakeholders upon completion of projects in order to improve the deliverables in future projects
- Responsible for job evaluation utilizing Mercer IPE system to ensure jobs are accurately graded
- Participate in and utilize data from compensation surveys coordinated with PayFactors survey management tool to conduct competitive market analyses
- Creates and analyzes compensation reports for HR Management in the areas of salary planning, budget analysis, internal equity
- Research, analyze and evaluate compensation programs
- Ensures compensation policies and procedures are compliant in the areas of salary planning, job description creation, salary recommendations, promotion policy, FLSA exemption, job title creation and career ladders
- May prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation or stock options
Qualifications for compensation lead
- Professional certification or related advanced course work in accounting/Finance/compensation administration
- Proficient in Microsoft office, Expert in Excel (spreadsheet applications)
- Preferred prior experience in J.D
- General accounting and compensation knowledge
- Responsible to administer job evaluation, incentive, wage and salary programs throughout the Defense Services organization
- Prepare Affirmative Action Plan data for multiple plans and ensure compliance with applicable Affirmative Action and Equal Employment laws
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Compensation Lead Job Description
Job Description Example
Our growing company is looking to fill the role of compensation lead. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for compensation lead
- Define the divisional worldwide compensation initiatives that align rewards systems with business goals
- Develop the divisional strategy to attract, retain and reward high performance/potential employees
- Represent the division’s Sr Leaders in terms of divisional compensation strategy issues, needs and desires to the broader Total Rewards function and address unique business needs of the division in the context of global compensation programs
- Drive partnership with Divisional HR leader and Talent Management team to work out the holistic/consolidated HR solution for business needs
- Orchestrate the M & A compensation integration work for the division (job mapping, gap analysis, impact analysis, communication and training)
- Review and develop overall compensation structure, including salary structure, job family analysis, annual merit pay planning, and bonus plan development/administration
- Drive deep, sophisticated one-off compensation analyses in support of the business
- Drive programs, policies and training in order to enhance the relationship of rewards with performance management
- Enable the organization to identify anchor or key roles that will drive business value, and assure proper compensation strategies to retain key talent
- Responsible for ensuring the division’s global compensation programs and practices are compliant with local statutory laws and regulations
Qualifications for compensation lead
- Advise and train managers on employee performance management system
- Thorough knowledge of regulatory and legal requirements
- Experience in managing C&B in other countries would have an added advantage
- 8 years’ experience in performing strategic C&B role
- 10+ years of business or human resources experience
- 5+ years of consulting experience in compensation or mobility solutions
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Compensation Lead Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of compensation lead. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for compensation lead
- Lead, coach and mentor divisional compensation team members to deliver excellence to every internal and external customer
- Ensure the HR testimony and exhibits are prepared in accordance with the various regulatory policies and are in compliance with the Cost of Service Exclusion Policy and other regulatory policies
- Develop strong working relationships with the various regulatory teams internal and external counsels to ensure the effectiveness of the working groups
- Gather total rewards information required for the completion of the competitive compensation and benefit assessments for management and union benchmark studies
- Prepare draft testimony and exhibits for the initial filing, supplemental filing and rebuttal filing and manage the edits with various stakeholders
- Prepare pre-filing questions to be submitted either with the rate filing or once the rate filing is filed with the regulatory authority
- Manage the interrogatory process during the discovery phase
- Participate on daily PMO calls during the discovery phase and be the primary HR contact for al interrogatory requests
- Complete and maintain a matrix of the key HR cost elements by operating entity (variable pay, healthcare expenses, pension and other post-employment benefits) and explain how the rate year level of expense is derived and what level is recoverable in rates
- Prepare presentations required for Steering Committee meetings, HR leadership and any other key stakeholders
Qualifications for compensation lead
- 3+ years of experience leading high performing teams, including experience creating a culture that fosters engagement
- Has experience and can execute data-related analytics - Synthesize data and determine the optimal C&B offerings for acquired leaders and employees, balancing benefits and costs
- M&A and Compensation & Benefits experience, preferably also experience in other HR disciplines
- Ability to perform in an ambiguous environment and make decisions in short timeframes
- Confidence to respond quickly in unfamiliar situations, relying on both data and judgment to help navigate the fast moving M&A environment
- Strong customer service skills partnership with teams and the business