Job Summary:

The Incentive Compensation Administrator will design, modify, and implement competitive variable pay and incentive compensation programs to maximize employee recruitment, retention, and performance, and the organizations profitability.

Supervisory Responsibilities:

• None.

Duties/Responsibilities:

• Evaluates the organizations compensation and incentive plans with the goal to implement a consistently competitive and effective compensation structure for the company.
• Collects and analyzes data on the organizations current compensation and incentive plans; compares this data to comparable plans and programs offered by competitors, similar companies in the industry, and similar companies in the geographic area.
• Interviews managers, supervisors, and other leadership staff to gather anecdotal data on the effectiveness of current compensation practices; gathers their suggestions and recommendations for changes and updates.
• Researches compensation strategies and goals; suggests and implements changes that may increase company morale, performance, productivity, and profitability.
• Communicates approved program changes to management and participants, answering questions and providing additional training or support about the changes.
• Conducts periodic assessments of incentive plans and any implemented changes; presents findings to management.
• Performs other related duties as assigned.

Required Skills/Abilities:

• Extensive knowledge of compensation strategies and incentive programs.
• Excellent written and verbal communication skills.
• Excellent organizational skills and attention to detail.
• Excellent problem-solving skills.
• Proficient with Microsoft Office Suite or similar software.

Education and Experience:

• Bachelors degree in Business, Human Resources, or related field required.
• Five years of related experience preferred.
• SHRM-CP or SHRM-SCP preferred.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.