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Compensation Specialist (Part-time)

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Location
Chantilly, VA
Job Type
Temp To Perm
Date
Aug 02, 2017
Job ID
2508154
Large regional bank serving 6 states seeks part-time Compensation Analyst to support the Chantilly Human Resources department.
 
Company: Large regional bank with over 1500 employees
 
Location: Chantilly, VA
 
Job Type: Temp to direct

Hours/Schedule: 25-32 hours/week. Full-time schedule options for candidates looking for 40 hours/wk.
 
Rate: TBD
 
Job Description: The Compensation Specialist will be responsible for the operational administration of the compensation program to include job descriptions, data analysis, pay equity and other aspects of the compensation area. The overall goal is to ensure that the compensation program provides competitive practices and are consistently administered in compliance with company policies and government regulations.

Responsibilities:
  • Create new and update existing job descriptions and ensure appropriate FLSA classification is assigned and maintain the job description library
  • Work closely with manager to identify and assign competencies by Lines of Business for utilization in job descriptions, benchmarking and performance management.
  • Manage projects such as survey data gathering and participation, analysis to ensure pay equity
  • Position and compensation integration for mergers and acquisitions
  • Work closely with various managers within the lines of business to review staffing placements and provide consultative recommendations on staff compensation and pay equity
  • Conduct job evaluations and compile market data to provide recommendation on competitive position group and salary range
  • Review, conduct pay equity analysis and approve requested salary increases as submitted on a daily basis through the HRIS system
  • Prepare various salary and compensation analysis and reports for management
  • Gather data and complete market survey for submission to consultant firm
  • Conduct analysis and audit of compensation survey results and make recommendation with compensation structure for potential position changes and annual salary range aging
  • Develop and document procedures to streamline processes and educate managers as necessary
  • Work closely with Recruitment, HRIS and Payroll to ensure that processes, HRIS and compensation systems are updated to reflect changes to position attributes, salary structure, etc.
  • Working closely with manager on the annual performance and salary review communication and process within the Successfactor system
  • Keep current of federal, state and location compensation regulations in order to ensure compensation program is in compliance.
 
Qualifications:
  • High School diploma required, Bachelor’s degree highly desired in a related field
  • Minimum of three (3) years of related working experience in analysis, design and/or administration of compensation programs required
  • Prior Banking experience and/or within other Human Resources area is a plus
  • SHRM Certified Professional or CCP certification highly desired
  • Proficiency in Microsoft Office Products required
  • Working experience with compensation systems such as Successfactors
  • Ability to interpret data and present in a clear and concise manner
  • Ability to work with all levels of staff and managers effectively and professionally
  • Excellent written and verbal communication skills required
  • High level of confidentiality and professionalism
  • Ability to work with limited supervision
  • Demonstrated ability to use sound judgment and decision making