Job Detail

Compensation Specialist - Siemens
Cary, NC
Posted: Sep 28, 2024 00:28

Job Description

Job Family: People & Organization

Req ID: 437528

Who we are

Build a brighter future while learning and growing with a Siemens company at the intersection of technology, community and sustainability. Our global team of innovators is always looking to create meaningful solutions to some of the toughest challenges facing our world. Find out how far your passion can take you!

About The Job

We are seeking a skilled and experienced Compensation Specialist with at least 5 years of experience to join our People and Organization (Human Resources) team. The ideal candidate will play a critical role in developing, implementing, and handling our compensation programs. This individual will ensure our compensation practices are competitive, equitable, and aligned with our business objectives. The role requires a deep understanding of compensation strategies, job evaluations, market analysis, and regulatory compliance.

Qualified Applicants must be legally authorized for employment in the United States and will not require employer-sponsored work authorization now or in the future.

Key Responsibilities:

Compensation Strategy & Design:

  • Align and handle compensation programs with strategic goals, ensuring market competitiveness through data analysis and salary structure development.

Job Evaluation & Market Pricing:

  • Perform job evaluations, salary benchmarking, and partner with teams to maintain accurate job classifications and market trend analysis.

Equity & Compliance:

  • Uphold legal compensation requirements, conduct internal pay equity reviews, and collaborate for compliance management.

Incentive Plans:

  • Support the design and administration of incentive plans (e.g., bonuses, commissions).

  • Monitor the effectiveness of incentive programs and recommend changes as needed.

Benefits, Wellness, and Recognition Programs

  • Support the administration of global benefits programs, including vendor management, enrollment, and renewals

  • Help coordinate with outside vendors for wellness programs

  • Track use of recognition programs and provide reporting and education to the organization

Compensation Communication:

  • Develop and communicate compensation policies, procedures, and guidelines to employees and management.

  • Provide guidance to People and Organization Business Partners and leadership on compensation-related issues and decisions.

Data Management & Reporting:

  • Maintain accurate compensation data in HRIS systems and ensure data integrity.

  • Prepare compensation reports and analysis for senior leadership, including pay-for-performance analysis, cost projections, and compensation budget forecasting.

Qualifications:

  • Bachelor's degree in People and Organizations, Business, Finance, or related field.

  • 5+ years of progressive experience in compensation management.

  • Strong knowledge of compensation principles, job evaluation, and market pricing.

  • Advanced proficiency in Excel and experience working with HRIS systems (e.g., Workday, SAP).

  • Experience with compensation benchmarking tools (e.g., Mercer, PayScale, Radford).

  • Thorough knowledge of federal, state, and local compensation laws and regulations.

  • Certified Compensation Professional (CCP) certification is highly desirable.

Skills and Competencies:

  • Strong analytical skills able to interpret complex data and provide actionable recommendations.

  • Excellent communication and presentation skills.

  • High attention to detail and strong organizational skills.

  • Ability to work in a fast-paced environment and manage multiple priorities.

  • Standout team player with the ability to collaborate across departments and levels.

Siemens offers a variety of health and wellness benefits to employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html . The pay range for this position is $72,380 - $124,080. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications and premium geographic location.

The Brightly culture

We're guided by a vision of community that serves the ambitions and wellbeing of all people, and our professional communities are no exception. We model that ideal every day by being supportive, collaborative partners to one another, conscientiously making space for our colleagues to grow and thrive. Our passionate team is driven to create a future where smarter infrastructure protects the environments that shape and connect us all. That brighter future starts with us.

We celebrate the fact that our people are individuals and have different preferences and needs. If we all thought the same, we would never think of anything new! That's why we recruit extraordinary minds from all walks of life. We are committed to furthering our culture of diversity, equity and inclusion. We encourage applications from a diverse talent pool including protected veterans or individuals with disabilities. Reach out and we are happy to give the opportunity to discuss flexibility and reasonable adjustment requirements. Many of our team members are working effectively in a remote, virtual environment adding to our ability to offer more flexibility on how you handle your time.

Bring your curiosity and creativity and help us craft tomorrow!

Brightly maintains a Drug Free workplace in accordance with applicable law

Equal Employment Opportunity Statement

Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

Reasonable Accommodations

If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form by clicking on this link Accommodation for disability form (https://www.siemens.com/us/en/company/jobs/search-careers/accommodation-for-disability.html) If you're unable to complete the form, you can reach out to our AskHR team for support at 1-866-743-6367. Please note our AskHR representatives do not have visibility of application or interview status.

EEO is the Law

Applicants and employees are protected under Federal law from discrimination. To learn more, Click here (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) .

Pay Transparency Non-Discrimination Provision

Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf) .

California Privacy Notice

California residents have the right to receive additional notices about their personal information. To learn more, click here (https://new.siemens.com/us/en/general/legal/us-internet-privacy-notice-state-rights.html) .



Job Detail

  • Location:
    Cary, NC
  • Company:

Company Overview

Siemens

Cary, NC