We use cookies. Find out more about it here. By continuing to browse this site you are agreeing to our use of cookies.

Compensation Specialist

Job Summary

Responsible for overseeing and administering employee compensation programs. Establishes a company's pay structure, approves bonuses and commissions, and administers executive compensation programs.

Primary Responsibilities

  • Administer compensation programs.
  • Develop and maintain a company's pay structure.
  • Compare pay structure to competitors.
  • Perform compensation analysis to determine if salaries are on par with national average.
  • Approve bonuses or commissions.
  • Collect and examine detailed information about job duties.
  • Approve salaries.
  • Prepare job descriptions.
  • Ensure pay scale is fair and equal.
  • Research complaints about pay discrimination.
  • Research inquiries into salary discrepancies.
  • Oversee performance management system.
  • Ensure the firm's pay scale complies with changing laws and regulations.
  • Purchase and analyze salary surveys.
  • Design reward systems.
  • Set merit pay guidelines and bonus pay criteria.
  • Administer executive compensation programs.
  • Determine commission rates for corporate sales staffs.
  • Approve salary for new job openings.

(web-7d798b65c5-j5gsv)