About the Client: 

 Our client is a global leader in luxury retail and hospitality, providing unparalleled shopping experiences aboard cruise ships and at ports of call around the world.

About the Role: 

The Compensation Specialist will be responsible for supporting the administration and assessment of compensation programs. Develop recommendations for program changes based on department needs. Provide analytical reporting to support decisions around the design, development, costing, and monitoring of base pay and incentive programs. Build relationships across departments to stay up to date with the latest position data as it relates to our compensation metrics.

Responsibilities: 

• Administer all compensation programs and finalize schedules for payroll processing
• Conduct analysis of proposed commission and spot incentive programs for sales teams to ensure equity in compensation levels and compliance with company parameters
• Support the analysis and evaluation of jobs utilizing both internal and external data to draw conclusions about the competitiveness of current compensation levels
• Provide recommendations for compensation packages comparing internal equity and market data for new hires, merit, and promotional increases
• Leverage salary survey data to evaluate the internal salary grade structure and provide recommendations to update existing data annually
• Continuously maintain data requirements to support participation in annual salary surveys for benchmarking
• Partner with the HRIS to maintain accurate compensation information to inform our compensation strategy
• Implement system changes to compensation structure across a variety of tools and monitor for accuracy
• Responsible for reporting and tracking changes in headcount and impacts on HR budgets 
• Review weekly reporting to identify performance trends in individual compensation targets vs. actual commissions paid
• Assist with the research and management of pilot compensation initiatives and implement changes related to compensation administration
• Assist with monitoring the effectiveness of incentive plans and provide updates when the compensation program is not performing as expected
• Keep up to date on current research and emerging trends and issues
• Update compensation policies and related documentation as changes and new procedures arise
• Synthesize data and create ad hoc reports across various tools or formats to help inform business decisions

• Bachelor’s degree in the field of Compensation/HR, Finance, or a related field
• 2-3 years experience in compensation/HR analytics
• Technical expertise in compensation principles, practices, and compliance requirements
• Advanced expertise in Excel
• Compensation certifications desirable
• Experience within the cruise or travel/hospitality industry
• Experience with Power BI
• Knowledge of federal & state regulations pertaining to compensation
• Keen attention to detail in order to prepare detailed compensation analytics
• Exceptional written and oral communication skills
• Proven analytical and problem-solving abilities
• Discretion and confidentiality regarding sensitive information
• Ability to coordinate between various departments and levels
• Proficiency with Microsoft Office

Interested? Apply directly now or call (786) 654-2343 for more information. Questions? Email [email protected] for more information on this role and others. 

*CAREERXCHANGE® is an equal opportunity employer. We will present the most qualified candidates to our clients based on the skills required to perform the job. For additional opportunities please visit www.careerxchange.com