Executive Compensation Consultant

Lowe's Companies, Inc.; Mooresville (NC); On-site; USD 98,000 - 164,000; Full time

Job summary

Lowe's Companies, Inc. is seeking an Executive Compensation Consultant in Mooresville, NC. This role involves managing compensation programs for retail and corporate employees, ensuring market competitiveness, and providing strategic guidance. Ideal candidates will possess a Bachelor's degree and significant experience in compensation analysis within the retail sector.

Qualifications

• 5-7 years of experience in compensation in a retail corporate environment.
• Experience dealing with confidential information.

Responsibilities

• Manage the lifecycle of salary and incentive compensation programs.
• Consult with HRBPs to design competitive compensation programs.
• Lead initiatives and mentor team members.

Skills

Compensation Analysis

Stakeholder Management

Education

Bachelor's Degree in Business, Human Resources, or related field

Job description

2 days ago Be among the first 25 applicants

Your Impact

The primary purpose of this role is to manage the full lifecycle of base salary, variable compensation, and incentive compensation programs for retail stores, distribution centers, and corporate employees in order to ensure competitiveness to market. This includes responsibility for defining metrics, creating plan documents, working with accounting on forecasting/accruals, communicating plan documents, and calculating pay. This role is critical to Lowe's as it gives guidance, direction, and advice on many of the work activities affecting employee engagement, retention, and the long-term success of Lowe's.

Your Impact

The primary purpose of this role is to manage the full lifecycle of base salary, variable compensation, and incentive compensation programs for retail stores, distribution centers, and corporate employees in order to ensure competitiveness to market. This includes responsibility for defining metrics, creating plan documents, working with accounting on forecasting/accruals, communicating plan documents, and calculating pay. This role is critical to Lowe's as it gives guidance, direction, and advice on many of the work activities affecting employee engagement, retention, and the long-term success of Lowe's.

What You Will Do

• Partners and consults with HRBPs and business leaders for assigned areas to design and deliver broad-based compensation programs and practices that ensure market competitiveness, internal equity, and drive appropriate behaviors that link pay and performance.
• Develops strong partnership with HR and business leaders to gain in-depth knowledge of business lines and deliver compensation solutions that meet business needs.
• Develops a robust point of view on how to overcome challenges with streamlining programs or make them more efficient.
• Develops governance controls and guidelines relating to compensation structures that ensure consistency and data integrity.
• Provides recommendations and creative solutions for complex compensation issues to strategically support lines of business.
• Leads larger initiatives that may include oversight of other team members.
• Has experience and knowledge of best practices and uses that to solve business problems.
• Uses multiple sources of information to analyze and exercise judgment.
• Interprets difficult, sensitive, and complex information and data.
• Ensures programs are implemented effectively and timely, within established budgets and complies with all relevant regulations, laws and employment standards.
• Mentors junior team members by openly sharing information, advice, and expertise to solve business problems.
  
  

Minimum Qualifications

• Bachelor's Degree Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis, or related field and 5-7 Years 6 Years Experience in Compensation in a retail corporate environment.
• Experience dealing with confidential information.
• Experience training/mentoring individual team members.
  
  

Preferred Skills/Education

• Master's Degree Business, Human Resources, Accounting, or related field 5-7 Years Experience working in a compensation environment.
• Experience managing others in a team environment.
• CCP - Certified Compensation Professional designation
  
  

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

Pay Range: $98,200.00 - $164,000.00 annually Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Human Resources

• Industries

  Retail

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