Compensation & Workforce Specialist

Purdue Federal Credit Union • West Lafayette, IN

14d

About The Position

The Compensation & Workforce Specialist is responsible for leading the
day-to-day administration and execution of compensation programs, job
documentation processes, workforce development tracking, and employee engagement
reporting. This role independently manages compensation analyses, job
evaluations, and pay program administration while ensuring accuracy, compliance,
and internal consistency. The Specialist serves as the primary resource for
compensation and job-related matters, prepares data-driven recommendations for
leadership review, and ensures HR systems and documentation remain current and
aligned with established guidelines. In addition to compensation oversight, this
position supports succession tracking, development plan documentation, and
engagement survey administration, providing reliable workforce data and
operational support that enables informed decision-making across the
organization. Working within established policies and frameworks, the Specialist
exercises sound judgment, maintains data integrity, and drives continuous
process improvement to ensure effective and consistent HR operations.

Requirements

• Working knowledge of compensation practices and wage and hour regulations.
• Strong analytical skills with high attention to detail.
• Ability to interpret compensation data and apply established guidelines.
• Proficiency with spreadsheets, reporting tools, and HR systems.
• Strong organizational and time management skills.
• Ability to handle sensitive information with discretion.
• Clear written and verbal communication skills.
• Collaborative, service-oriented mindset with the ability to operate independently within defined frameworks.

Responsibilities

• Lead the administration and maintenance of compensation structures, including salary ranges, pay grades, job classifications, and incentive plans.
• Conduct job pricing and compensation analyses using PayFactors and other tools to support hiring, promotions, equity adjustments, and organizational changes.
• Prepare compensation recommendations and supporting documentation for manager and leadership review.
• Perform internal equity reviews and external market benchmarking to support fair and consistent pay decisions.
• Participate in compensation surveys, including data submission, analysis, and application of results.
• Lead operational components of the annual compensation planning cycle, including merit modeling, budget tracking, and incentive administration.
• Evaluate and document FLSA classifications for new and existing roles to ensure compliance with wage and hour regulations.
• Maintain accurate compensation records within HRIS and related systems.
• Prepare compensation data for required regulatory reporting.
• Conduct periodic audits of compensation data and implement corrective actions as needed.
• Lead job analysis activities by gathering and validating information from managers and employees.
• Draft, update, and maintain job descriptions to ensure accuracy, clarity, and compliance.
• Ensure job documentation aligns with internal job structures and compensation frameworks.
• Manage documentation related to job changes, reclassifications, and title updates.
• Maintain organized job description repositories and version control processes.
• Support managers and employees in the completion and tracking of Individual Development Plans (IDPs).
• Coordinate development resources and learning opportunities aligned with identified goals.
• Monitor progress on development plans and provide follow-up to ensure accountability.
• Support succession planning processes by documenting potential successors and development needs.
• Maintain accurate records related to succession and development activities.
• Assist with career pathing discussions by providing guidance on skills, experience, and advancement requirements.
• Ensure development documentation aligns with established HR frameworks and processes.
• Lead administration of employee engagement and pulse surveys, including system setup, communications, and data management.
• Compile and analyze survey results to identify trends and themes.
• Prepare reports, dashboards, and summaries for HR leadership and managers.
• Track progress on engagement action plans and measure impact over time.
• Support implementation of engagement and culture-related initiatives.
• Serve as a point of contact for managers and employees regarding HR policies, procedures, and compensation-related matters.
• Process and oversee employee lifecycle transactions, including job changes, pay updates, transfers, and status changes.
• Support employee relations matters by gathering documentation, tracking follow-up, and escalating as appropriate.
• Partner with payroll and benefits to ensure timely and accurate processing of employee changes.
• Maintain compliant HR records and documentation.
• Support HR audits and regulatory compliance activities.
• Identify and implement process improvements to enhance efficiency, accuracy, and service delivery.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed