Compensation Partner
Company: WellPower
Location: Denver
Posted on: October 12, 2024
Job Description:
WellPower provides you with the support you need to help you
develop a career in helping others succeed. We innovate, adapt, and
leverage the diverse perspectives of the people on our team and the
people we serve in everything we do.
WellPower values and is strengthened by diversity. We are committed
to ending bias and discrimination in our community and ensuring
equity within all aspects of our organization. We are proud to be
an equal opportunity employer. All qualified applicants will
receive consideration for employment, transfer, or promotion
opportunities without regard to race, color, religion, gender,
gender identity or expression, sexual orientation, national origin,
genetics, disability, age, or veteran status
POSITION SUMMARY: The Compensation Partner plays a crucial role in
ensuring fair and competitive compensation practices within the
organization. This position involves designing, implementing, and
managing effective compensation programs that attract, retain, and
motivate employees. The Compensation Partner conducts thorough
market research to stay updated on industry trends and benchmarks,
analyzes job roles to determine appropriate salary structures, and
collaborates with People Operations and leadership teams to make
data-driven decisions.
Learn more about WellPower:
-
Compensation and Benefits:
- $75,000 - $95,000 per year
WellPower is committed to fair and equitable hiring with salaries
based on relevant factors, such as work experience, education, and
certification/licensure (rather than wage history). Toward the
principle of equal pay for equal work, we post and hire within
defined hiring salary ranges. - We ask all applicants to carefully
review the hiring salary range for each posted job opportunity, as
we will not hire outside the predetermined range.
All full-time, benefits eligible employees will be eligible for
WellPower's benefits plan. For a full description of benefit
offerings, please visit: -.
DUTIES & RESPONSIBILITIES:
- Compensation Analysis: Conduct comprehensive market research to
analyze salary trends, benchmarking data, and industry practices to
ensure the organization's compensation packages remain
competitive.
- Salary Structure Design: Develop and maintain salary
structures, ensuring internal equity and alignment with
organizational goals. Regularly review and update these structures
to accommodate changes in market conditions.
- Job Evaluation: Evaluate job roles to determine appropriate job
classifications, titles, and salary ranges. Collaborate with HR to
create accurate and updated job descriptions.
- Policy Compliance: Stay informed about relevant labor laws and
regulations, ensuring the organization's compensation practices
comply with legal requirements. Guide HR and management on
compliance matters.
- Communication and Training: Effectively communicate
compensation policies, programs, and changes to employees. Provide
training to HR and management teams to ensure a clear understanding
of compensation practices.
- Performance Management Support: Collaborate with HR in linking
compensation strategies to performance management processes,
including merit increases, bonuses, and incentive
programs.
- Data Analysis and Reporting: Utilize data analytics to generate
reports on compensation metrics, providing insights and
recommendations to support strategic decision-making.
EDUCATION & EXPERIENCE: -
- Bachelor's degree in human resources, business, project
management, or related field.
- Minimum of 4-6 years of Human Resources/People Operations
experience
- Certified Compensation Professional (CCP) credential highly
preferred.
- In-depth knowledge of compensation practices, market trends,
and relevant regulations
- Strong analytical skills with the ability to interpret and
present complex data with a focus on compliance.
- Proficiency with HRIS systems preferably UltiPro or
UKG.
- Working knowledge of multiple human resource disciplines
strongly preferred.
-SKILLS AND COMPETENCIES:
- Strong interpersonal skills.
- High level of analytical ability.
- Commercial and cultural awareness, with high sensitivity to the
social, economic, and political environment.
- HR Strategy skills - Performance, Employee Relations, Reward,
Talent, Learning and Development, Resourcing, Organizational
Development, etc.
- Ability to coach, train, and implement best practices to
assigned business unit(s).
- Ability to manage high volumes of work, execute flawlessly, and
understand HR processes.
- High customer focus. Builds trusting and collaborative
relationships with business leaders and the HR Team.
- Strong commercial acumen.
- Ability to lead and manage change.
- Excellent interpersonal, people management, and organizational
skills.
- Excellent verbal and written communication skills as well as
possessing proficient computer skills.
- Ability to collaboratively engage leaders to create, identify,
and implement solutions to further the effectiveness of the
business.
- Must have a desire to achieve excellence in customer
satisfaction, process, and product quality and
reliability.
- Relevant HR experience (generalist or specialist) gained in a
large complex organization(s) with multiple stakeholders (including
matrix relationships) preferred.
- Knowledge of relevant Human Resources issues and trends and
evidence of continuing professional development; SHRM certification
preferred.
- Extensive experience operating in a business partner model,
working with managers to create positive business
outcomes.
- Knowledge or ability to learn and practice trauma-informed
principles and practices.
WORKING CONDITIONS:
- Monday through Friday, standard office hours.
- Hybrid working arrangement with some in-office and
work-from-home days weekly
- Must be local to Denver, Colorado
Keywords: WellPower, Denver , Compensation Partner, Other , Denver, Colorado
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