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We are looking for a meticulous and analytical Compensation Specialist to join our team in La Quinta, California. In this contract role, you will focus on evaluating salary structures, conducting pay equity analyses, and ensuring compliance with compensation regulations. Your expertise will contribute to building a fair and competitive pay framework that aligns with organizational goals while fostering transparency and equity.
Job Responsibility:
Conduct comprehensive salary benchmarking studies to ensure pay structures remain competitive within industry standards
Analyze compensation trends and provide actionable recommendations to refine salary bands and pay practices
Evaluate pay equity across roles and demographics, identifying and addressing any disparities
Collaborate with HR leadership to support decision-making related to salary adjustments and role evaluations
Prepare detailed reports, including pay equity audits and compensation summaries, to aid strategic planning
Ensure compliance with labor laws and organizational policies in all compensation processes
Maintain and update compensation databases for accurate reporting and analysis
Partner with the talent acquisition team to propose competitive salary offers for new hires
Assist in developing strategies for addressing pay equity concerns and fostering an equitable workplace
Provide guidance to department managers on compensation-related matters
Requirements:
Minimum of 2 years' experience in compensation analysis or a related field
Proficiency in conducting salary surveys and benchmarking studies
Strong analytical skills with the ability to interpret and present data effectively
Knowledge of labor laws and compliance standards related to compensation
Excellent communication skills to collaborate with cross-functional teams and present findings
Experience with auditing and maintaining compensation databases
Familiarity with pay equity analysis and strategies
Ability to work independently and manage multiple tasks efficiently