Unclassified - Oxnard, CA

posted 2 months ago

Full-time
Oxnard, CA

About the position

The position involves facilitating the participation, evaluation, and assessment of compensation and benefits surveys to ensure that business objectives are met. The role requires collaboration with HR Managers to provide compensation consulting and conduct market pricing through job matching. The individual will support various compensation cycles, including promotions, off-cycle compensation activities, and both short-term and long-term incentives. This includes using published surveys or conducting ad hoc surveys to obtain and analyze market pricing data, making recommendations on appropriate grade levels, and reviewing recommendations for internal equity. Additionally, the role entails preparing reports on findings and managing the administrative steps necessary to formalize recommendations. The individual will maintain a compensation database and prepare annual bonus plan accrual amounts for the Finance department. They will also review new positions in anticipation of recruitment to ensure appropriate classification and, when necessary, modify or create new job descriptions that accurately reflect current roles, responsibilities, and requirements. The position oversees the job reclassification and reorganization processes to ensure that pay aligns with the Compensation Policy and guidelines, making recommendations to management as needed. Staying updated on federal and state laws, rules, and regulations is crucial to assist in ensuring company compliance. The individual will also conduct meetings and training sessions with managers, supervisors, and employees to communicate total rewards policies and programs effectively.

Responsibilities

  • Facilitate participation, evaluation, and assessment of compensation and benefits surveys.
  • Collaborate with HR Managers to provide compensation consulting and conduct market pricing by job matching.
  • Support compensation and promotion cycles, off-cycle compensation activity, short-term incentives, and long-term incentives.
  • Use published or conduct ad hoc surveys to obtain and analyze market pricing.
  • Make recommendations on appropriate grade levels and review recommendations for internal equity.
  • Prepare reports on findings and handle administrative steps to formalize recommendations.
  • Maintain compensation database and prepare annual bonus plan accrual amounts for Finance.
  • Review new positions in anticipation of recruitment to ensure appropriate classification.
  • Modify and create new job descriptions that accurately reflect current roles, responsibilities, and requirements.
  • Oversee job reclassification and reorganization processes to ensure pay is in accordance with Compensation Policy and guidelines.
  • Make recommendations to Management regarding compensation matters.
  • Stay updated on federal and state laws, rules, and regulations to assist in ensuring company compliance.
  • Conduct meetings and training with managers, supervisors, and employees to communicate total rewards policies and programs.

Requirements

  • Bilingual in Spanish preferred.
  • Experience in compensation analysis and market pricing.
  • Strong analytical skills to interpret compensation data and market trends.
  • Ability to collaborate effectively with HR Managers and other stakeholders.
  • Knowledge of federal and state compensation laws and regulations.
  • Experience in preparing reports and handling administrative tasks related to compensation.

Nice-to-haves

  • Experience with job classification and reclassification processes.
  • Familiarity with total rewards policies and programs.
  • Strong communication skills for conducting training and meetings.
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