Compensation Specialist Resume Sample
Work Experience
- Research and analyze confidential data, find relationships, and clearly present findings to others
- Possesses technical expertise on various aspects of compensation and related components (e.g. legal and regulatory requirements)
- Drill down on important issues and be directly involved in day-to-day execution
- Creative problem-solving skills and proven track record of gaining confidence, respect, and trust from all levels of management
- Capable of working under tight deadlines in a fast-paced, dynamic environment
- Appropriate education to enable effective performance in a compensation process expert role
- Recommend, conduct, and participate in salary surveys in order to determine prevailing pay rates and maintain competitive compensation levels in the organization
- Analyze salary survey data and develop merit budget recommendations, MRPs, and variable compensation elements. Includes keeping the compensation database accurate with current compensation structures
- Work directly with HR business partners in the administration of current compensation (i.e. offers, base pay and variable pay) to include analyzing and communicating pay administration programs and practices
- Participates with SAP initiatives for the region
- Acts as an advisor to employees and the international mobility team on international assignments
- Conducts ongoing research into emerging trends, issues and best practices and make proposals to optimize pay systems to invest in the segments of workforce that contribute the most value
- Educates supervisors and managers on all compensation issues. Advises management of appropriate resolution for compensation related issues
- Assists with the Global Benefits team with directly working with local brokers and insurance providers to understand benefits competitiveness, costs, coverage and work to reduce costs while keeping benefits the same or better. Gets involved in yearly renewals and review benefits of insurance where applicable
- Add, subtract, multiply, divide, compute rate, ratios, percents and probability. Ability to draw and interpret bar graphs, and calculate statistics
- Provides analytical and implementation support in the design, development, implementation, and maintenance of compensation programs including base pay and variable pay elements for salaried employees on a global basis
- Manages, reports, and improves the Eaton employee recognition systems and processes
- Acts as an expert resource and coordinates the annual merit review and Variable Pay Plan process/tools for all Industrial Sector businesses and locations
- Designs, develops and delivers compensation related educational and communication programs including presentations, seminars and webcasts
- Performs and develop analytical reporting related to current state HRMS compensation data, APP (US), competitive and internal equity across the regions
- Performs and develop analytical reporting related to Executive Compensation Programs for Sector and Group review
- Supports job evaluation and job banding processes and provides analytics that assure validity and consistency across the sector
- Provides analytic support in development of new reward/compensation systems and programs across all employee groups (i.e. variable pay, sales incentive, etc.)
- Supports pay-for-performance initiatives, and develops analytics that reflect current state pay-for performance
- Support and assist with compensation programs during integration of new businesses
Education
Professional Skills
- Experience/knowledge of local work concils; Strong analytical skills, including demonstrated data analysis and interpretation skills required
- Strong drive for results, with excellent change management skills and business/user communication skills
- Strong negotiations skills, including conflict resolution skills
- Excellent organizational skills and ability to prioritize multi-tasks in a dynamic work environment, including overseeing projects and meeting deadlines
- Good communication skills, good time management, creativity and problem solving skills, being a good team player
- Proven project management skills to manage multiple tasks and priorities with competing deadlines
- Excellent mathematical, analytical, quantitative and problem-solving skills with strong attention to detail
How to write Compensation Specialist Resume
Compensation Specialist role is responsible for excel, analytical, microsoft, advanced, interpersonal, compensation, organization, word, powerpoint, access.
To write great resume for compensation specialist job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Compensation Specialist Resume
The section contact information is important in your compensation specialist resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Compensation Specialist Resume
The section work experience is an essential part of your compensation specialist resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous compensation specialist responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular compensation specialist position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Compensation Specialist resume experience can include:
- Excellent organizational and planning skills with the ability to work quickly under pressure, handling and prioritizing multiple ongoing assignments
- Excellent PC skills with extensive Excel experience including expert knowledge of Vlookup, pivot tables, charts and conditional formatting
- Excellent organization skills and the ability to manage multiple priorities while working under tight timelines
- Effective, creative problem solver with strong analytical and research skills
- Advanced Excel (formula creation, linking and consolidating data, macro’s etc.), and compensation database management skills
- Strong analytical thinking skills, quantitative analysis, creative problem solving, and the ability to work well in a time-critical environment
Education on a Compensation Specialist Resume
Make sure to make education a priority on your compensation specialist resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your compensation specialist experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Compensation Specialist Resume
When listing skills on your compensation specialist resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical compensation specialist skills:
- Excellent interpersonal skills; client service skills, strong verbal and written communications skills
- Excellent interpersonal, written and verbal communication skills; strong presentation and project management skills
- It requires strong analysis and problem-solving skills, organizational skills, and the ability to focus on detailed work and meet deadlines
- Strong interpersonal skills – ability to work credibly and effectively with the HR Business Partners, senior line managers and external contacts
- Excellent interpersonal and customer service skills with the ability to work effectively with different levels of management
- Strong talent mindset, visible leadership and demonstrated skills managing and developing people
List of Typical Experience For a Compensation Specialist Resume
Experience For Sales Compensation Specialist Resume
- Excellent analytical, decision-making, problem-solving skills as well as project management
- Strong computer skills including Microsoft Office along with various other software applications as needed for the role
- Effective mathematical and analytical ability and accurate keyboarding skills
- Strong analytical, innovative and problem solving skills
- Strong analytical, quantitative, and mathematical skills
- Experience and/or skills to be able to support multiple concurrent compensation related activities
Experience For Executive Compensation Specialist Resume
- Demonstrated experience collecting, extracting and interpreting data to provide meaningful solutions
- Effectively communicate both in writing and verbally
- Propose and present ideas effectively, influencing decisions and outcomes
- Be flexible and reprioritize/multitask to accommodate changing priorities
- Advanced computer skills including Microsoft Office (with an emphasis in Excel) along with various other software applications as needed for the role
- Effectively handle highly confidential compensation and other human resource information
Experience For Human Resources Compensation Specialist Resume
- Consulting approach and ability to work on multiple priorities
- Experience conducting job evaluations, salary surveys, developing salary structures, and administering a variety of compensation programs
- Efficient. Deliver services in ways that are timely and effective including identifying waste and duplication and measure for efficiency
- Assists in planning and implementing department goals to improve merit process efficiency and effectiveness
- Experience developing and maintaining base pay structures in the public or private sector
Experience For Associate Compensation Specialist Resume
- Experience with job leveling and analysis including job/career path development
- Makes sound decisions pertaining to compensation programs, policies, and procedures based upon pertinent facts and good judgment
- Excellent overview of the year end process within EMEA and playing a key role in the delivery of this core HR process
- Excellent understanding of the Compensation arena and its criticality to the organisation
- Multi-task and manage conflicting priorities under tight deadlines
- Experience in compensation roles of increasing responsibility in a public company
- Strong customer service orientation; Self-directed, able to multi-task and manage fluctuating workload; High operational excellence
Experience For Safety & Workers Compensation Specialist Resume
- Experience working with HRIS platforms (preferably ADP and/or Workday) and compensation management tools (preferably PayFactors)
- Experience in working with Sales and Compensation tools (such as Salesforce, DocuSign, Tableau, etc.)
- Experience with advertising compensation models
- Working experience in a Compensation Specialist position or closely related role as described above
- Experience working with compensation laws and regulations
- Experience with CompAnalyst (or similar market pricing tool)
- Market pricing, survey submittal and analysis experience
- Advanced ability to manage multiple priorities and address competing points of view
Experience For Compensation Specialist, Corporate Areas Resume
- Experience running reports in HCM and CIW or comparable system
- Experience working with Towers REWARD
- Two years of successful project management experience, preferably managing large-scale human resource projects
- Influence and build strong working relationships among a diverse workforce at all levels
- Three (3) years of experience supporting Human Resources, Benefits, Compensation or related field
- Experience consultanting with various stakeholder groups
- Strong understanding of basic compensation philosophy, theory and methodologies
- Expert knowledge of Excel, Access, and a good working knowledge of Word and Power Point (knowledge of Tableau helpful)
Experience For Field Compensation Specialist Resume
- Experience with compensation models for online advertising
- Experience with job evaluations (Hay), salary surveys, market pricing and salary range analysis
- Previous experience supporting compensation programs
- Strong proficiency in MS Office, including advanced proficiency in Excel and PowerPoint
- Demonstrates extensive knowledge and understanding of Compensation business principles, practices, and procedures
- Experience with managing mid-sized projects
- Have expert skill using Microsoft Excel (e.g., pivot tables, vlookups, etc.)
- 1-year direct Compensation experience including, but not limited to, salary surveys, market analysis, and reclassifications
Experience For Senior Compensation Specialist Private Banking Resume
- Experience in data analysis and reporting
- Professional experience working in relevant function
- Experience with survey participation, market pricing, Job Evaluation (is desired)
- Good understanding of complexities related to executive compensation and international moves within countries in EMEA
- Propose and implement effective solutions based on business requirements while analyzing and evaluating the impact of current business processes
- Strong business acumen with a detailed perspective to quickly understand complex business unit financial implications
- Strong team player, high integrity and ability to maintain confidentiality at all times
- Validate policy compliance and accuracy
Experience For Mswm Financial Compensation Specialist Resume
- Experience in Compensation and HR analytics
- Oversee the entire Benefits bouquet for effective utilization by employees and cost-benefit optimization
- Min 5 years’ of Reward or Financial experience in a medium to large multinational, preferably in multi-cultural environments
- Experience in HR Analytics programs
- Experience working with multiple stakeholders
- Assisting in collecting, analyzing, interpreting, and distributing HR data for periodic reporting
Experience For New Business Compensation Specialist Resume
- Assisting in developing new and/or updating existing job descriptions
- Understanding of benchmarking and measuring impact when designing compensation and benefits programs in multiple countries
- Preparing and filing required government reports for such purposes as EEO and state reporting
- Maintaining Staff, International, and Contingent worker records, and providing ongoing maintenance of employee/electronic records
- Reviewing and monitoring the competitiveness and appropriateness of global compensation policies, plans and supporting processes
- Conducting research, analyzing information and data and presenting findings in a concise format
- Utilizing computer technology used for communication, data gathering and reporting
List of Typical Skills For a Compensation Specialist Resume
Skills For Sales Compensation Specialist Resume
- Effectively use interviewing skills to fully explore a business problem and separate critical details from conversation
- Demonstrated strong research and analytic skills
- Advanced Microsoft Excel skills (VLOOKUPS, Pivot Tables, Chart creation and graphs) and proficient Word and Power Point skills
- Excellent verbal and written communication, planning, analytical, problem-solving, organizational, time management and customer service skills
- Manage competing demands and priorities/multi-tasking skills
- Strong communication, consulting and analytical skills; advanced user of software knowledge (MS Office)
- Fluent in English and German with strong writing skills
- Good organization, time management, and problem solving skills-Required
- Excellent interpersonal, verbal and written communication and public speaking skills
Skills For Executive Compensation Specialist Resume
- Presentation skills, experience addressing groups of leaders as well as employees
- Strong analytical, problem solving and issues resolution skills
- Strong customer service, with ability to interface effectively with all levels of employees, while maintaining confidentiality
- Excellent excel application skills
- Excellent interpersonal skills with the presence and ability to influence peers and seniors
- Strong attention to detail verbal written and presentation skills
- Strong interpersonal, and communication (written and verbal) skills
- Displays strong PC skills, to include Excel and PowerPoint
- Excellent time management skills and organization to detail
Skills For Human Resources Compensation Specialist Resume
- Strong technical skills (Compensation concepts and Hay Job Evaluation)
- Strong recordkeeping skills and attention to detail
- Strong project management skills and ability to work across functions and geographies
- Proficiency in Spanish, English and Portuguese, with strong written and verbal communication skills
- Strong written and verbal communication skills and ability to interface with all levels of the organization
- Excellent Microsoft Office skills ( Word, Excel and PowerPoint)
- Demonstrate project management skills and work successfully under tight deadlines
Skills For Associate Compensation Specialist Resume
- Excellent written, verbal communication, problem-solving, and interpersonal skills with all levels in the organization
- Superior analytical and mathematical skills, high proficiency in Excel (manipulating, managing, and interpreting data)
- Three years' experience in Human Resources with progressive experience working in compensation developing and maintaining base pay structures
- Process and project management experience (planning, prioritizing, and organizing)
- Experience with job evaluations (Hay), salary surveys, market pricing and salary range analysis; Experience with managing mid sized projects
- Personal computer and related software skills (e.g. word processing, spreadsheets, databases, data querying, internet, etc.)
- Drive for continuous improvement and strong operational accountability to lead team in meeting all objectives and delivering excellent service
- Exceptional organizational skills and multi-tasking ability as well as a sense of urgency
Skills For Safety & Workers Compensation Specialist Resume
- Strong understanding of business needs and how to leverage compensation expertise to meet those needs; demonstrates flexibility and adaptability
- Some numerical, analytical and problem-solving skills
- Prior experience working with compensation, benefits or other HR areas
- Personal computer and related software skills (e.g. word processing, spreadsheet, database, data query, internet, etc.)
- Intermediate skills with Access or comparable databases, including ability to create and modify queries and reports
- Excellent work ethic and self-motivated with the ability to manage changing priorities
- Be flexible in a changing environment and interface effectively within and cross-functionally in a team environment
- Highly developed analytical skills with ability to interpret, bring insights and apply judgement
Skills For Compensation Specialist, Corporate Areas Resume
- Pro-active problem solving and issue resolution skills
- Proficient Excel skills (intermediate to advance level)
- Interact with and influence others effectively (regional, corporate and cross-functionally)
- Proven ability to set priorities, and to execute and manage multiple tasks
- Advanced skills in Microsoft Excel. Proficient in all Microsoft Office applications
- Intermediate skills with Excel spreadsheets required
Skills For Field Compensation Specialist Resume
- Effectively lead projects to meet schedule and quality standards
- Experience to succeed in this role would typically be 3 - 5 years’ experience in equity plan administration
- Advanced level Excel skills (pivot tables, v-lookups and slicers, macros, etc.) as well as proficiency in Word and PowerPoint
- Prior experience in Compensation
- Self-starter and can effectively work on multiple projects in a dynamic environment
- Work independently and function effectively within a team
Skills For Senior Compensation Specialist Private Banking Resume
- Consolidate and produce metrics to assist in understanding the effectiveness of the incentive plan management system
- Compensation or Benefits experience, or a HR Generalist with experience working in the area of Compensation and Benefits
- Strong attention to detail and high level of proficiency in Microsoft Excel including data structure, layout and reporting. Experience with SAP desired
- Exceptional analytical skills and ability to understand and interpret datasets
- Proven ability to form strong partnerships and influence key stakeholders (international contacts, internal peers and clients)
- Skill in collecting, organizing and analyzing data
- Experience facilitating and managing Health & Safety and Worker’s Compensation programs in a manufacturing environment in California
- Experience working for a publicly held company with an understanding of the accounting, tax, and legal requirements of equity plans
- Experience setting, interpreting and governing policies for a large-scale program
Skills For Mswm Financial Compensation Specialist Resume
- Experience processing payroll or in an extensive data reporting and analytics role
- Skill in collecting and analyzing data
- Experience with translating analysis into recommendations and drafting reports
- Expert level experience working with Microsoft Excel spreadsheets, and running queries in Access or other systems such as Tableau
- Experience in providing training on compensation practices
Skills For New Business Compensation Specialist Resume
- Experience with customer service principles; addressing difficult situations in a constructive manner; negotiation and problem solving
- Experience designing or implementing variable sales compensation plans
- Strong working knowledge of compensation fundamentals, including Executive Compensation/Incentive plans
- Have a proven track record for executing and administering competitive compensation programs
- Able to multi-task and manage conflicting priorities while meeting deadlines
List of Typical Responsibilities For a Compensation Specialist Resume
Responsibilities For Sales Compensation Specialist Resume
- Excellent decision-making, problem-solving skills
- Strong Excel skills (e.g. creating pivot tables, VLOOKUP formulas, IF statements)
- Strong quantitative analytical skills (e.g. basic mathematic operations, basic algebra, weighted averages, basic statistics)
- Experience in interpreting administrative policies and establishing guidelines and procedures
- More than 5 years of experience working with compensation in an international company
- Demonstrated understanding of the Fair Labor Standards Act
Responsibilities For Executive Compensation Specialist Resume
- Two to three years of accounting, customer service and/or administrative experience
- Develop excellent working relationships with local HR and management teams
- Working experience Compensation
- Experience consulting with some stakeholder groups (i.e. Business HR, Managers/Employees, COEs)
- Experience working with Sales/CRM and Compensation tools (such as Salesforce or Cognos)
- Demonstrated understanding of financial concepts and processes
- Proven track record of gaining confidence and respect of employees and all levels of management
- Experience working with a large HRIS (i.e., PeopleSoft, UltiPro, ADP, etc.)
- Strong mathematical, statistical and analytical capabilities
Responsibilities For Human Resources Compensation Specialist Resume
- Strong attention to detail, process orientation, and accuracy
- Excellent organizational and communication abilities
- Assisting in the development and implementation of data reporting objectives, capabilities, and schedules
- Guaranteeing Chipotle’s compliance with SOX by ensuring that descriptions exist for every internal position
- Entering system corrections for all regions into Workday; including pay rate corrections, change job corrections, etc
- Auditing Workday to ensure all data is correct before payroll processing
Responsibilities For Associate Compensation Specialist Resume
- Assisting with stock equity and auditing
- Understanding of EEO categories and understanding of Affirmative Action requirements, especially as it relates to government contractors
- Reporting, Accounting and Data Integrity
- Analyzing and interpreting policies, practices and procedures
- Building a rapport with employees and managers in conducting job reviews
- Digging into some of our compensation structures and seeing where we can improve
- Organizing some of this craziness we have, like job descriptions and making some consistent comp plans
- Partnering with HRIT to capture and provide accurate data that aligns with Chipotle’s philosophy and business strategies
Responsibilities For Safety & Workers Compensation Specialist Resume
- Monitoring pay rate changes, promotions, demotions, and transfers for all Restaurateurs submitted through Workday
- Assisting in the design of compensation programs as needed
- Working knowledge of general HR processes
- Working knowledge of Microsoft Office Suite and Outlook
- Understanding of: Exempt and Non-Exempt compensation, job analysis, position documentation to provide information for job descriptions
- Building brand new comp plans with your fabulous recruiters
- Explaining the plan to participants
- Serving as the compensation team’s point of contact for compensation system and program administration within the HR department
Responsibilities For Compensation Specialist, Corporate Areas Resume
- Conducting compensation surveys for competitive benchmarking in marketplace
- Facilitating the company- wide annual compensation review process
- Handling HR projects when necessary
- Preparing written reports for varied audiences
- Addressing difficult situations in a constructive manner
- Providing cross divisional compensation support and advisory to the EMEA HR Country teams, focusing on the regulatory requirements
Responsibilities For Field Compensation Specialist Resume
- Assist with preparation and administration of annual merit increase process, including monitoring, tracking and auditing merit increase submissions
- Conduct salary surveys and participating in them, interpreting salary data, performing analysis
- Assist is in the administration of the annual global merit planning process including data analysis, review, reporting and approvals
- Responsible for operational management of the team, including hiring, performance management and leading with a talent development mindset
- Assist with training staff on using the new Classification and Compensation position review form tracking system
Responsibilities For Senior Compensation Specialist Private Banking Resume
- When developing job descriptions, consider diversity and inclusion initiatives, specifically related to retaining and promoting the best talent
- Review hiring/promotion proposals which are out of standard policy, including executive offers, cross-country hiring and international transfers
- Assist in reviewing, defining and implementing compensation plans and programs in the EMEA region in cooperation with global, regional and local stakeholders
- Build and maintain collaborative client relationships with other stakeholders in HR, including consulting and delivering presentations
- Provide guidance in areas of equity grant taxation, withholding, and reporting as well as ongoing tax compliance and regulatory filings
- Contribute to continuous improvement opportunities by evaluating processes for efficiencies, identifying improvements and implementing enhancements
- Assist with developing training material regarding compensation practices
- Responsible for creating, maintaining and auditing job titles, job codes, and other job related attributes in HRIS
- Acts as an expert resource during year-end process by answering questions and/or escalating issues as appropriate
Responsibilities For Mswm Financial Compensation Specialist Resume
- Undertake the job matching process for the business areas supported working with external vendors (McLagan, Towers Perrin, MGMC etc) where appropriate
- Prepares statistical analysis, data modeling, costing of base for compensation programs
- Reviews existing and proposed statutory and regulatory requirements governing compensation administration and recommends appropriate courses of action
- Interact with payroll, finance, accounting, and legal departments concerning plan administration
- Administer the compensation adjustment and Teaming Agreements process to include developing a submission process, ability to track approvals and denials
Responsibilities For New Business Compensation Specialist Resume
- Assist with conducting classification workshops and training on specific classification and compensation policies and procedures
- Assists with internal audits by following up on all audit findings and responding to general data requests
- Follows up with Comp. Analyst and HRCS Partner regarding missing information
- Ensure accurate and timely processing of officer compensation and staffing changes through shared services resources
- Deliver results, meeting people goals and achieving employee satisfaction
- Oversee the administration (preparing spreadsheets, updated data, etc.) of Annual Merit Increase and Incentive planning (Global and U.S.)
- Recommends and assists in developing and implementing career paths comparable to the compensation structure
- Recommends and assist in developing and administering Recognition program(s)
- Assist with establishing and maintaining a pay grade system for all levels in the company