Compensation & Benefits Lead

ADES Holding Company

Compensation Strategy Development:

• Conduct extensive market analysis and benchmarking to maintain up-to-date knowledge of industry trends and best practices.
• Analyzes compensation data to identify pay gaps, inequities, and opportunities for improvement.
• Develops and maintains compensation policies and procedures.

Compensation Structures:

• Design and manage compensation structures, incentive plans, and other compensation programs, ensuring they are competitive, internally equitable, and aligned with the organization s strategic objectives.
• Lead the annual compensation review process, including merit increases, promotions, and adjustments, ensuring fair and equitable compensation adjustments.
• Conducts compensation and reward surveys to gather market data and benchmark compensation practices.
• Analyzes salary data to identify pay gaps and recommend adjustments.

Job Evaluation and Grading:

• Develops and maintains job evaluation systems to assess the relative value of different positions within the organization.
• Grades jobs based on factors such as skills, experience, responsibilities, and working conditions.

Compliance and Governance:

• Stays current with relevant labor laws, regulations, and compliance requirements related to compensation.
• Develops and maintains compensation governance policies and procedures.
• Maintains accurate records/database of all compensation activities.

Budgeting and Cost Reports:

• Participates in creating the annual budget and evaluates the financial impact of different compensation strategies.
• Develops and administers annual merit increase processes,
• Prepares and develops analytics for people cost and budget monitoring.

Stakeholder Management:

• Maintains relationships with key vendors and third parties, including external compensation and benefits consultants, brokers, insurers, and communities to facilitate clear insights into the market.
• Collaborates with the P&O team, finance, legal, and other stakeholders to ensure alignment of compensation and benefits initiatives with broader organizational goals.

Continuous Process Improvement:

• Identify opportunities for process improvements and implement best practices in compensation administration, leveraging technology and data analytics.