Compensation Specialist

$80,000 - $110,000/Yr

VaaridaTech - Edison, NJ

Full-time - Senior

Edison, NJ

About the position

The Compensation Specialist at VaaridaTech is responsible for designing and managing compensation programs, ensuring compliance with compensation laws, and providing analytical support to HR and management. This role requires strong analytical skills and the ability to communicate effectively with various stakeholders to develop competitive compensation strategies.

Responsibilities

• Design and manage core compensation programs, including salary structures, incentive plans, and bonus schemes.
• Conduct market research and analysis to ensure competitive compensation packages.
• Evaluate job positions and determine appropriate salary levels.
• Ensure compliance with federal, state, and local compensation laws and regulations.
• Collaborate with HR and management to develop and implement compensation strategies.
• Prepare and present reports on compensation trends and metrics.
• Provide guidance and support to managers and employees on compensation-related issues.
• Participate in compensation surveys and analyze survey data to benchmark company compensation practices.
• Provide analytical support and guidance to HR and management on Total Rewards related matters.
• Develop and deliver communication materials to educate employees & HR about total rewards programs.

Requirements

• Bachelor's degree in Human Resources, Business Administration, or related field.
• 7+ years of experience in compensation or related HR roles.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Knowledge of compensation laws and regulations.
• Certification in Compensation (CCP) is a plus.