Sr. Compensation Specialist
Cleveland, OH 
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Posted 1 month ago
Job Description
Status Category:
Full-Time
Exempt/Non-Exempt:
Exempt
Scheduled Hours Per Week:
40
Job Code:
HR 150

With over 120 offices and nearly 7,000 associates throughout the U.S. CBIZ (NYSE: CBZ) delivers top-tier financial and employee business services to organizations of all sizes, as well as individual clients, by providing national-caliber expertise combined with highly personalized service delivered at the local level.

CBIZ has been honored to be the recipient of several national recognitions for 2023:

  • Best and Brightest Companies to Work for in the Nation
  • Top Workplaces USA
  • Fortune Best Workplaces for Women
  • Best and Brightest Companies in Wellness
  • Great Place to Work Certification

CBIZ Corporate is a division of CBIZ, Inc., providing internal support in the areas of finance, human resources, payroll, benefits, IT, legal, and marketing. CBIZ is ranked as a Top 20 Largest Broker of U.S. Business (Business Insurance Magazine) and a Top 100 Retirement Plan Adviser (PLANADVISER).

The Sr. Compensation Specialist position will provide compensation support to aligned business units and manage strategic compensation projects, processes and ad hoc requests. This role is ideal for candidates looking to start or advance their career in compensation and gain valuable experience in the field. As a Sr. Compensation Specialist, you will have the opportunity to learn and grow within the organization, contributing to the development and success of the overall compensation strategy at CBIZ. Your responsibilities will include analyzing and evaluating salary data, conducting market research, and assisting in the development and implementation of compensation strategies.

Essential Functions and Primary Duties

  • Partner with the Compensation Analyst, HR professionals, managers and executives to ensure that the organization's compensation practicies align with business objectives and industry standards
  • Evaluates market data/trends and conducts analyses to determine competitiveness of compensation programs and makes recommendations accordingly.
  • Assists with the preparation and communication of policy documentation and recommends clarification to policy issues.
  • Support the administration of the orgaization's compensation programs, including salary structures, bonus plan and other incentive programs.
  • Assists with processing increases for compensation events, such as annual merit and bonus cycles.
  • Participates in compensation surveys and benchmarking studies to gather information on compensation practices within the industry.
  • Assist in the development and maintenance of salary ranges and compensation policies.
  • Assist in the evaluation of new/current job roles to determine appropriate salary levels based on job responsibilities, qualifications and market conditions.
  • Work with HR and hiring managers to understand the requirements of different positions and ensure fair and consistent job classifications.
  • Stay informed about relevant labor laws and regulations to ensure the organization's compenstaion practicies comply with legal requirements.
  • Maintain confindentiality around all different types of personal employee information.
  • Provide ad hoc analytical compenstion in support of the Total Rewards team
  • Assist with wellness initiatives as needed
  • Assis with the processing of health and welfare invoices
  • Additional responsibilities as assigned

Preferred Qualifications

  • Bachelor's degree in Business Administration, Human Resources or related field
  • Strong analytical skills with proficiency in Excel or other data analysis tools.
  • Good understanding of compensation principles, market trends and industry best practices
  • Ability to maintain confidentiality and handle sensitive information
  • Demonstrated project management experience
  • Desire to help understand and document department processes both new and old
  • Attention to detail and accuracy
  • Interest in expanding personal HR knowledge by assisting the Total Rewards Team with areas outside of compensation, as needed.

Minimum Qualifications Required

  • Bachelor's degree preferred
  • 3 years of experience as a subject matter expert
  • Must maintain current required licenses and certifications relevant to field of expertise
  • Demonstrated ability to communicate verbally and in writing throughout all levels of organization, both internally and externally
  • Effective customer service skills
  • Proficient use of applicable technology
  • Abiltiy to work in team environment as well as independently
  • Ability to analyze and prioritize multiple responsibilities

#LI-MM2 #LI-Hybrid

CBIZ.Jobs Category: Corporate

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EQUAL OPPORTUNITY EMPLOYER

CBIZ is an affirmative action-equal opportunity employer and reviews applications for employment without regard to the applicant's race, color, religion, national origin, ancestry, age, gender, gender identity, marital status, military status, veteran status, sexual orientation, disability, or medical condition or any other reason prohibited by law. If you would like more information about your EEO rights as an applicant under the law, please visit these following pages EEO is the Law and EEO is the Law Supplement.

PAY TRANSPARENCY PROTECTION NOTIFICATION


CBIZ is an equal opportunity employer and reviews applications for employment without regard to the applicant's race, color, religion, national origin, ancestry, age, gender, marital status, military status, veteran status, sexual orientation, gender identity, disability, or medical condition or any other reason prohibited by law.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
3+ years
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