Compensation Specialist (Raleigh, NC Hybrid or Remote Eastern US)

Siemens Mobility; Raleigh (NC); Remote; USD 60,000 - 104,000; Full time

Job summary

An established industry player is seeking a skilled Compensation Specialist to join their dynamic HR team. This exciting role involves developing and implementing competitive compensation programs that align with business objectives. You will leverage your analytical skills to conduct job evaluations, market pricing, and ensure compliance with legal requirements. Your expertise will help shape incentive plans and support global benefits programs. If you're passionate about fostering equitable compensation practices and thrive in a collaborative environment, this opportunity is perfect for you. Join a forward-thinking company committed to innovation and sustainability.

Benefits

Health and wellness benefits

Flexible working hours

Professional development opportunities

Qualifications

• 3+ years of experience in compensation management required.
• Knowledge of compensation principles and market pricing essential.

Responsibilities

• Align compensation programs with strategic goals and market competitiveness.
• Perform job evaluations and maintain job classifications.

Skills

Analytical Skills

Communication Skills

Organizational Skills

Time Management

Collaboration

Education

Bachelor’s degree in People and Organizations

Bachelor’s degree in Business

Bachelor’s degree in Finance

Tools

Excel

HRIS systems (e.g., Workday, SAP)

Compensation benchmarking tools (e.g., Mercer, PayScale, Radford)

Job description

Who we are

Build a brighter future while learning and growing with a Siemens company at the intersection of technology, community and sustainability. Our global team of innovators is always looking to create meaningful solutions to some of the toughest challenges facing our world. Find out how far your passion can take you.

About the Job

We are seeking a skilled and experienced Compensation Specialist with at least 3 years of experience to join our People and Organization (Human Resources) team. The ideal candidate will play a critical role in developing, implementing, and handling our compensation programs. This individual will ensure our compensation practices are competitive, equitable, and aligned with our business objectives. The role requires a deep understanding of compensation strategies, job evaluations, market analysis, and regulatory compliance.

Key Responsibilities

Compensation Strategy & Design:

• Align and handle compensation programs with strategic goals, ensuring market competitiveness through data analysis and salary structure development.

Job Evaluation & Market Pricing:

• Perform job evaluations, salary benchmarking, and partner with teams to maintain accurate job classifications and market trend analysis.

Equity & Compliance:

• Uphold legal compensation requirements, conduct internal pay equity reviews, and collaborate for compliance management.

Incentive Plans:

• Support the design and administration of incentive plans (e.g., bonuses, commissions).
• Monitor the effectiveness of incentive programs and recommend changes as needed.

Benefits, Wellness, and Recognition Programs:

• Support the administration of global benefits programs, including vendor management, enrollment, and renewals.
• Help coordinate with outside vendors for wellness programs.
• Track use of recognition programs and provide reporting and education to the organization.

Compensation Communication:

• Develop and communicate compensation policies, procedures, and guidelines to employees and management.
• Provide guidance to People and Organization Business Partners and leadership on compensation-related issues and decisions.

Data Management & Reporting:

• Maintain accurate compensation data in HRIS systems and ensure data integrity.
• Prepare compensation reports and analysis for senior leadership, including pay-for-performance analysis, cost projections, and compensation budget forecasting.

Qualifications

• Bachelor’s degree in People and Organizations, Business, Finance, or related field.
• 3+ years of progressive experience in compensation management.
• Basic knowledge of compensation principles, job evaluation, and market pricing.
• Solid proficiency in Excel and experience working with HRIS systems (e.g., Workday, SAP).
• Experience with compensation benchmarking tools (e.g., Mercer, PayScale, Radford).
• Knowledge of relevant labor laws and regulations.
• Certified Compensation Professional (CCP) certification is a plus.

Skills and Competencies

• Strong analytical skills able to interpret complex data and provide actionable recommendations.
• Excellent communication and presentation skills.
• High attention to detail, accuracy with data, and strong organizational skills.
• Ability to work in a fast-paced environment, manage multiple priorities, and strong time management skills.
• Team player with the ability to collaborate across departments and levels.
• Proactive, self-starter who takes initiative in changing environments.

Qualified Applicants must be legally authorized for employment in the United States. Qualified Applicants will not require employer-sponsored work authorization now or in the future for employment in the United States.

Siemens offers a variety of health and wellness benefits to employees. Details regarding our benefits can be found here: Benefits Information.

The pay range for this position is $60,340 - $103,440. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications and premium geographic location.