Compensation Specialist

Bosch Building Technologies LLC•Bloomington, MN

13d•$70,000 - $105,000

About The Position

Supports the administration and execution of the company’s compensation programs through data analysis, job evaluation, and operational support. This role ensures accurate, timely, and compliant compensation data to enable effective decision-making in alignment with the company’s compensation strategy. While the incumbent exercises independent judgment within their area of responsibility, overall compensation strategy, program design, and policy decisions are established by senior compensation leadership.

Requirements

5+ years of experience in compensation analysis or total rewards support
Strong proficiency in Microsoft Excel and other Microsoft Office tools
Experience working in a complex, multi-location organization within the United States

Nice To Haves

Experience with HRIS and payroll systems; ADP a plus
Union compensation experience
Exposure to U.S. and Canadian compensation practices
Associate’s or Bachelor’s degree in Business, Human Resources, Accounting, or related field (or equivalent experience)

Responsibilities

Maintain and update salary structures and job architecture using market data and internal job analysis, in alignment with established compensation strategy.
Price new and revised positions and recommend salary ranges for review and approval.
Conduct internal equity and market competitiveness analyses and provide recommendations to the Senior Manager of Compensation.
Provide compensation survey data and benchmarking analysis.
Administer annual compensation cycles, including salary reviews, incentive and bonus programs, ensuring accurate calculations and documentation.
Prepare and deliver Total Reward Statements to employees during annual review cycles.
Compile data and analysis to support total rewards planning and program evaluations.
Ensure data integrity across compensation systems and HRIS platforms.
Prepare and validate compensation data for finance, budgeting, and payroll processes.
Prepare compensation data for regulatory reporting, including EEOC, Affirmative Action, and California Pay Data reporting.
Analyze compensation impacts related to acquisitions and prepare integration recommendations.
Serve as a point of contact for HRBPs and/or managers regarding compensation questions, escalating complex or policy-driven issues as appropriate.
Provide cross-functional support and serve as back-up to other Total Rewards team members.
Support audits and compliance activities by preparing required documentation and data.
Perform time off reconciliation in coordination with payroll and HR teams to ensure accurate accruals and payouts.
Perform other duties as assigned to support departmental and organizational needs.