Overview
Under the general direction of the Manager of Compensation, plans, coordinates, and administers compensation programs including, job evaluation, salary administration, incentive plans and stock options to ensure the efficiency and effectiveness of the Compensation function.
Responsibilities
- Develops, recommends and provides guidance to leaders regarding the administration of compensation policies which includes pay recommendations, incentive plans, equity and stock compensation, total rewards, and organizational structure.
- Creates and updates existing job descriptions to ensure duties are measurable and are an accurate reflection of responsibilities, market value, pay mix, FLSA classification, and organizational fit.
- Develops and recommends new or revised incentive plans to meet business objectives, and budgetary constraints.
- Participates in HR Projects and acts as a Compensation subject matter expert in order to implement new services and/or processes for the organization.
- Establishes and maintains internal partnerships with HRBPs, finance personnel, managers, and Sr. Leadership that are required for the development and administration of compensation programs and initiatives.
- Establishes and maintains appropriate vendor and/or outside company contacts that are required for the administration of established compensation programs and research studies.
- Reviews and participates in compensation surveys to determine external market trends. Continually reviews and adjusts survey matches to ensure the best match to market.
- Keeps abreast of trends and changes in Human Resources legislation and makes recommendations for change to keep company practices in compliance with federal, state and local governmental agencies. For example, minimum wage and FLSA.
Qualifications
- - Required
- 2 years of experience in Human Resources Compensation or Finance.
Compensation
In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $ $65,000- $95,000 annually. Please remember that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience, which may result in total compensation outside of this range.
Live the Paychex Values
What's in it for you?
- We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
- We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
- We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
- We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
- We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.
Not sure if you meet every requirement?
At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.
Paychex is an equal opportunity employer that fosters a workplace culture of Diversity, Equity, & Inclusion. Our valued employees and commitment to DEI are the essence of our internal and external success.
