Compensation Lead in United States (# 1899)

About Us

About The Team

Job Description

The Compensation Lead will oversee the administration and implementation of global compensation programs, policies, structures, and practices for the organization. This individual will prepare reports, perform research, analysis, and job evaluations; prepare analyses related to incentive plan design; and will drive global year-end processes such as merit, incentive and PSP (Profit Sharing Plan). The Compensation Lead will be responsible for providing subject matter expertise and support to global client groups on all aspects of broad-based and incentive compensation.

Responsibilities

• Be the subject matter expert for all compensation topics to global client groups.
• Prepare statistical analysis, metrics and data modeling for various compensation structures and programs.
• Perform external benchmarking/job evaluations, prepare analysis and presentations to client groups.
• Drive administration of the global year-end process, including salary and short-term incentive components.
• Assist with development of processes that align with desired configurations in HR technology (Oracle).
• Administer off-of-cycle compensation reviews as required.
• Oversee the development and planning of organization wide compensation programs and policies.
• Partner with the HR Business Partners in developing salary recommendations for internal promotions, market adjustments and internal transfers.
• Partner with the business and HR Business Partners in the development of consistent job descriptions that adhere to company guidelines.
• Develop training tools, and educate employees on all areas of compensation, including market analysis, administration, policy interpretation, and internal equity.
• Make cohesive recommendations to drive process improvements in order to advance compensation workflows and program delivery.
• Perform various research and analyses to determine market competitiveness of compensation programs or to ensure compliance with current legal regulations.
• Manage the compensation survey submission process.
• Manage compliance with applicable regulatory requirements regarding employee pay while staying up to date on current related legislation.
• Establish and maintain a deep understanding of the overall business and how competitive compensation programs enable the execution of the company priorities
• Perform other duties as assigned

Qualifications

• 5+ years of experience in financial or compensation analysis, job evaluation, salary administration
• Strong mathematical aptitude; strong analytical and problem-solving skills
• Advanced Excel skills including VLOOKUPs, pivot tables and other complex formulas.
• Experience with HRIS applications (Oracle preferred)
• Strong interpersonal and communication skills and the ability to interact positively with internal customers.
• Ability to make decisions and operate independently with respect to complex issues and business requirements.
• Ability to thrive in a fast-paced, changing environment, and deal with ambiguity – change agent.
• Ability to act in a professional manner and use appropriate judgment on sensitive, confidential issues
• Typical Business office Environment

EEOC

Ritchie Bros. is an equal opportunity employer and ensures nondiscrimination in all activities in accordance with all applicable laws. This position is open to all qualified applicants who are legally entitled to work in the country in which this job is located. Candidate selection is made by Talent Acquisition. Only electronic applications can be accepted.