Compensation Coordinator 98421
Compensation Coordinator 98421
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Job Description
About Lubrizol
The Lubrizol Corporation a Berkshire Hathaway company is a specialty chemical company whose science delivers sustainable solutions to advance mobility improve wellbeing and enhance modern life. Founded in 1928 Lubrizol owns and operates more than 100 manufacturing facilities sales and technical offices around the world and has about 8000 employees. For more information visit www.Lubrizol.
We value diversity in professional backgrounds and life experiences. By enabling a consistent unbiased and transparent recruitment process Lubrizol seeks to create a positive experience for candidates so we can get to know them at their best. We recognise unique work and life situations and offer flexibility ensuring our employees feel engaged and fulfilled in every aspect of life.
Summary of the Role:
The Compensation Coordinator plays a vital support role within the Human Resources department focusing on the coordination and of various compensation activities. This position ensures the accuracy and timeliness of all compensationrelated processes including merit adjustments cost of living (COL) increases collective labor agreement (CLA) adjustments recognition awards and senior leadership compensation. The role involves close collaboration with various HR functions to ensure that compensation data and processes are in compliance and aligned with company policies.
Responsibilities / Accountabilities:
Coordinate and execute all forms of compensation and awards including annual and offcycle market adjustments promotions COL and CLA increases recognition awards and senior leader compensation.
Load and update salary budgets adjusted salary ranges variable pay plans and configure/test systems for annual adjustments.
Assign employees to appropriate pay and incentive groups ensuring alignment with compensation guidelines.
Run calculations for bonuses incentives and payouts for various groups and individuals
Monitor and coordinate the completion of compensation adjustment activities ensuring system and data accuracy throughout the process.
Validate the readiness and accuracy of individual pay notifications and letters before distribution.
Serve as the primary contact for employees and managers to resolve compensationrelated issues
Validate the transmission of compensation adjustments variable pay plans and other relevant data to payroll and thirdparty vendors.
Process reconciliations for retirement plans merits and bonuses ensuring accurate records and compliance with company policies.
Requirements (education experience competencies and specific job requirements):
Proven experience 5 years) in an HR coordinator or relevant human resources/administrative position with a
focus on compensation.
Exposure to Labor Law and employment equity regulations.
Detailoriented and analytical with a strong focus on accuracy and data integrity.
Ability to work independently and as part of a team demonstrating initiative and proactive problemsolving skills.
Position will report to the Sr Mgr. Data Management & IMEA Leveraged Services
Education / Certification:
Bachelors degree in human resources or related field is preferred and relevant experience can be considered.
Additional education or certification in Human Resources or Compensation Management is a plus.
Experience and Skills:
Strong knowledge of human resources processes and best practices particularly in compensation management.
Proficiency in using SAP and MS Office with advanced skills in MS Excel.
Experience with HR databases and HRIS systems particularly SuccessFactors.
Excellent communication and interpersonal skills with the ability to effectively interact with employees at all levels.
Ability to handle sensitive and confidential information with the utmost discretion.
Strong organizational and time management skills with the ability to manage multiple tasks and priorities effectively.
Ready for your next career step Apply today and lets shape the future together!
Its an exciting time to be part of Lubrizol. Lubrizol is not staying put. We are continually learning and evolving. Our passion delivers our success not only for Lubrizol but for those who count on us every day: our employees customers and communities.
We work with a relentless commitment to operate safely and responsibly keeping safety sustainability ethics and compliance at the forefront of everything we do. The wellbeing of our employees customers and communities is paramount to our culture and in the way we approach our work.
As a diverse global team we work together to solve some of the worlds most pressing challenges. We impact everyday lives through science only Lubrizol can deliver and we never stop pushing to do it better.
One of the founding principles of The Lubrizol Corporation more than 90 years ago was treating every employee with dignity and respect. That same commitment is only stronger today.
More than that we are committed to providing an environment where every employee can be the best they can be no matter their ethnic origin religion sex national origin sexual orientation gender identity disability or any other characteristic.
Required Experience:
IC
Employment Type
Full Time
