Compensation Specialist - Cotton Holdings

Description

Key Responsibilities

• Design, administer, and coordinate employee compensation programs, including market pricing, base pay, bonus plans, and merit increase processes to support business goals and market trends.
• Conduct salary surveys and labor market analysis to identify trends and maintain competitive compensation structures.
• Advise and train HR and management on compensation best practices, policies, and procedures.
• Oversee job classifications, including quality control for new and existing positions, and perform job audits as needed.
• Provide detailed compensation reports and presentations for various stakeholders, offering insights and recommendations.
• Serve as the primary point of contact for compensation-related inquiries, delivering timely and professional support to internal teams and external vendors.
• Collaborate on the creation and maintenance of job descriptions, ensuring consistency across the organization.
• Utilize advanced Excel skills to conduct data analysis, manage complex spreadsheets, and create compensation-related reports.
• Ensure compliance with all relevant compensation laws and maintain confidentiality of sensitive data.
• Assist with HR projects and manage vendor partnerships related to compensation software.
• Continuously identify and implement process improvements to enhance accuracy and efficiency.

Skills, Knowledge and Expertise

• Bachelor’s degree in human resources, business, accounting, or a related field is preferred.
• Certifications such as PHR, SHRM-CP, or CCP are a plus.

• 4-6 years of compensation experience in a company with 1000+ employees.
• Proficiency in job leveling, salary benchmarking, and incentive plan design.
• Expertise in data analysis, market trends, and compliance with compensation regulations.
• Experience with HRIS (ADP preferred) and advanced Excel skills (pivot tables, formulas, vlookups).
• Familiarity with Power BI for compensation dashboards and reports is an advantage.

• Action-Oriented with a sense of urgency
• Collaborative with strong communication skills
• Financially savvy and able to make data-driven decisions
• Trustworthy and detail-oriented, with the ability to meet deadlines
• Technologically adept and organizationally proficient

Benefits

• Competitive Compensation: Enjoy a market-competitive salary that reflects your expertise and experience, alongside a comprehensive bonus structure tied to performance.
• Growth Opportunities: As a Compensation Specialist at Cotton Holdings, you’ll have the chance to expand your skills and career within a dynamic and growing organization, with opportunities for continuous learning and professional development.
• Impactful Work: Play a key role in shaping compensation strategies that directly support our mission to attract and retain top talent. Your work will drive meaningful changes across the organization.
• Collaborative Environment: Join a team that values collaboration, innovation, and forward-thinking. Work alongside talented professionals who are committed to excellence in every aspect of their work.
• Work-Life Balance: We recognize the importance of balance and offer a flexible work environment, with opportunities to manage your time effectively and prioritize both personal and professional commitments.
• Comprehensive Benefits: Enjoy a robust benefits package, including health insurance, 401(k) matching, paid time off, and more, ensuring your well-being is taken care of, both now and in the future.
• Inclusive Culture: Be part of a diverse and inclusive workplace that values different perspectives and fosters a culture of respect and collaboration.