Compensation Specialist

Midland Credit Management, an Encore Capital Group Company • San Jose, CA

3d

About The Position

The Compensation Analyst is responsible for implementing and administering compensation process and programs that assist the company in attracting, retaining and motivating top talent while ensuring alignment with our business goals and compliance with regulatory requirements. May also assist in the design and development of new programs and processes.

Requirements

• Bachelor's
• Human Resources, Business
• 2+ years
• Knowledge of applicable HR laws and regulations, including FLSA.
• Proficiency with Microsoft Office (Outlook, Word, and PowerPoint), strong Excel skills required.
• Strong verbal and written communication skills, strong attention to detail.
• Ability to think critically, analyze complex problems, and exercise judgment in evaluation to formulate creative solutions.
• Ability to effectively collaborate with people at all levels of an organization.

Nice To Haves

• Bachelor's
• Human Resources, Business
• Certified Compensation Profession (CCP), Global Remuneration Professional (GRP)
• Workday advanced compensation and reporting experience.
• Hands-on experience with multi-factor regression analysis.
• Strong data analytics experience.
• Project management - Ability to manage projects and processes from start to finish
• Ability to effectively collaborate with people at all levels of an organization.
• Experience building tools in Excel to simplify and automate processes.

Responsibilities

• Supports and administers compensation processes , i.e., annual compensation planning, mid-year promotion cycle, salary survey submission, performance bonus plan accruals, compliance tracking, etc.
• Conducts market analyses and benchmarking studies to evaluate compensation program competitiveness to the market.
• Conducts job evaluations, reviews external market data and internal pay equity and processes pay changes in Workday.
• Processes compensation inquiries regarding compensation processes, procedures and policies received through ticketing system or email in accordance with established SOPs and standard response times.
• Audits and maintains employee pay data in Workday.
• Recommends, researches, and implements process improvements for compensation programs and procedures.
• Partners with various HR teams and leadership to provide guidance on compensation processes, procedures, and policies.
• Directly supports the TA team in evaluating and approving offers in Workday.
• Performs other duties as assigned.

Benefits

• We understand the important balance between work and life, fun and professionalism, and corporation verse community.
• We strive to support your career aspirations and provide the benefits you need to live a more fulfilling life.
• Our compensation and benefits programs were created with an 'Employee-First Approach' focused on supporting, developing, and recognizing YOU.
• We offer a wide array of wellness and mental health initiatives, support volunteerism, and environmental efforts, encourage employee education through leadership training, skill-building, and tuition reimbursements, and always strive to provide promotion opportunities from within.
• All these things are just a small way to show our employees that we recognize their value, we understand what is important to them, and we reward their contributions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees