Compensation Data Specialist
United States
Full Time Mid-level / Intermediate USD 70K - 80K
ComPsych
ComPsych is the global leader in mental health, well-being, and absence management, offering Employee Assistance Programs and FMLA, USERRA, ADA, and PWFA expertise.About ComPsych
ComPsych® Corporation is the world’s largest provider of mental health services and GuidanceResources® for life. Fueled by a commitment to relentless innovation and a comprehensive approach to care, ComPsych provides services to more than 78,000 organizations and 163 million individuals across 200 countries. Under our GuidanceResources® brand, our personalized and fully integrated programs include behavioral health, absence management, and wellness journeys, which empower employees to lead healthier and more productive lives, while driving organizational excellence. Visit compsych.com to find out why 40% of the Fortune 500 choose ComPsych for their mental health needs.
Job Summary
The Compensation Data Specialist will support Finance and Human Resources regarding compensation and data integrity. The role will have ownership and oversight for ensuring commissions are calculated and paid accurately and timely. The role will focus on benchmarking and data to help inform business decisions. This position will report to the Sr. Manager of Benefits and Payroll and have a close partnership with the CHRO and CFO.
Primary Responsibilities
- Calculate and process sales commissions in a timely and accurate manner
- Collaborate with finance teams on accruals and reconciliations for variable compensation
- Prepare financial reports and dashboards related to headcount, compensation and labor spend
- Support budgeting and forecasting for labor costs, incentive plans and total rewards when needed
- Research and compare incentive compensation plans offered by demographically comparable organizations; assesses competitors plans and makes recommendations for enhancements or improvements required to keep the organizations plans competitive and effective
- Prepares and maintains job descriptions for each position and ensures descriptions accurately reflect the work being performed by incumbents
- Interview and survey employees and managers to gather and document job and organization information including duties responsibilities and skills required by each job
- Assist with data requests, reporting and documentation required by federal, state and local regulations.
- Work closely with payroll and benefits team on pay calculations and verification of pay accuracy as well as reconciliation of payroll deductions with benefit enrollment
- Assist with data configuration
- Evaluate ways to automate compensation calculations
- Maintain knowledge of trends and developments in compensation in relevant markets in order to assist with compensation reviews
- Benchmark jobs to determine completive compensation ranges
- Evaluates and implements job analysis instruments and materials
- Other duties as assigned
Job Qualifications
- Bachelor’s degree or equivalent experience required
- Superior communication and critical thinking skills
- Excellent time management and organizational skills
- Strong data analysis skills
- Highly proficient with Microsoft Excel and other date and calculation software(s)
- Strong attention to detail
- Strong customer orientation
- Excellent communication and interpersonal skills, with a track record of building successful partnerships
- Experience with HRIS implementations a plus
Benefits and Perks
- Full benefits package, including Paid Time Off (PTO), medical, dental, vision, 401(k) with match, robust EAP, wellness program, and much more
- The pay range for this position is $70,000.00 to $80,000.00
EEO
ComPsych is an equal opportunity employer. All applicants will be considered for employment regardless of race, color, age, genetics, religion, gender, sexual orientation, gender identity, national origin, disability or protected veteran status and any other characteristic protected by federal, state or local laws. ComPsych Corporation maintains a drug free workplace.
Tags: Data analysis Excel Finance Research
Perks/benefits: 401(k) matching Competitive pay Health care Wellness
More jobs like this
Explore more career opportunities
Find even more open roles below ordered by popularity of job title or skills/products/technologies used.