Compensation Specialist (Senior or Lead)

Boeing•Auburn, WA

About The Position

Compensation Specialist (Senior or Lead) Company: The Boeing Company The Boeing Company is looking for a Compensation Specialist (Senior or Lead) to join our team in Auburn, WA; Chicago, IL; Everett, WA; Hazelwood, MO; Mesa, AZ; Miami, FL; Oklahoma City, OK; Portland, OR; Renton, WA; North Charleston, SC; Seal Beach, CA or Seattle, WA. This position will collaborate with Total Rewards and HR teams to design, develop and maintain a global job architecture and structure that supports the Global Compensation Philosophy. The key areas this position will support are: Global salary structures and geographical tier design and management for salaried employees Analysis of local market data to ensure that we’re providing market competitive Total Rewards Represent Boeing to external regulatory/government or collective bargaining agencies Support strategy and execution of job and employee classification for merger and acquisition, divestiture and integrations

Requirements

5+ years of experience with compensation, classification, and salary structure systems
5+ years of experience using Excel to perform data analysis
3+ years of developing and managing budgets and/or cost estimates

Nice To Haves

Certified Compensation Professional (CCP) and/or Global Remuneration Professional (GRP)
10+ years' related work experience or an equivalent combination of education and experience
Change management expertise
Experience leading a project and/or team on global compensation initiatives

Responsibilities

Designs, develops, maintains, and administers compensation programs, systems and processes (job descriptions, pay structures, geographic tiers, etc.) with a focus on hourly production and maintenance jobs
Analyzes job duties and responsibilities and provides internal consulting services on pay, job design and classification in individual, business and regulatory matters
Conducts analyses to evaluate pay compression and competitiveness to market
Leads ad hoc project teams
Communicates with, educates and trains customers on compensation and classification matters
Consults and collaborates with other HR groups to help educate and train HR and Business leaders on compensation and pay matter
Identifies requirements, obtains data, performs analysis and creates presentations and business cases that identify issues and solutions
Influences development of Global Compensation strategic policy and program design
Leads the response to salary surveys, requests for data and audits from regulatory agencies like Department of Defense (DoD), Bureau of Labor Statistics (BLS) and the Defense Contract Audit Agency (DCAA) regarding production and maintenance affairs
Leads salary survey benchmarking validation, including Service Contract Act (SCA) needs

Benefits

At Boeing, we strive to deliver a Total Rewards package that will attract, engage and retain the top talent.
Elements of the Total Rewards package include competitive base pay and variable compensation opportunities.
The Boeing Company also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and a number of programs that provide for both paid and unpaid time away from work.
The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.
Pay is based upon candidate experience and qualifications, as well as market and business considerations.

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