• Sr. Specialist, Compensation

    Job Location US-MA-Cambridge
    Posted Date 2 months ago(2 months ago)
    Requisition ID
    2018-3362
  • Overview

    Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 1,700 employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

     

    Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.

     

     

    Equal Employment Opportunity

    Draper is committed to creating a diverse environment and is proud to be an affirmative action and equal opportunity employer.   We understand the value of diversity and its impact on a high-performance culture.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.   

     

    Draper is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.

     

     

    Responsibilities

    The Human Resource Compensation team plans and manages Draper staff compensation programs to attract and retain, the best and brightest talent, ensuring salaries are competitive and equitable.

     

    This role will be part of a dynamic Human Resources team in an exciting time of growth and change. The Sr. Compensation Specialist utilizes knowledge of standard compensation concepts, practices and procedures, and will provide a wide range of compensation services for assigned client business areas. The Compensation Specialist will ensure Draper continues to provide internally equitable and externally competitive compensation.

     

    Responsibilities will include completing the job evaluations and determining proper FLSA job classifications and placement in Draper's pay structure. This position may advise Human Resources Business Partners on pay decisions related to employee promotions and job offers, as well as interpret and resolve compensation policy issues in a timely manner. The Sr. Compensation Specialist will participate on cross-functional project teams as the Compensation representative supporting change and process improvement initiatives.

     

    •  Evaluate and benchmark new and existing positions to determine appropriate job grade and FLSA classification based on market data to ensure Draper remains externally competitive and internally equitable. Appropriately   document approved results and finalize job descriptions to add to Draper’s Library. Advise Human Resources Business Partners on all pay matters related to employee promotions and job offers to ensure with the MA Pay Equity   Laws.
    • Assists with administering designated compensation programs such as the annual merit process, bonus plans, and reward/recognition programs. Gathers and analyzes information, communicates and responds to inquiries/issues related to program framework and eligibility, and prepares metrics/reports.
    • Administers compensation surveys and researches new sources for external data collection. Completes assigned salary surveys, submitting accurate benchmark pay data to survey companies within prescribed deadline dates. Completes custom surveys as needed.
    • Prepares ad hoc compensation reports as needed for management. Assist with creating and compiling presentation materials used for quarterly Board of Director meetings.
    • Provide on-going support for all data requests that result from internal and government audits. Provide assistance to other HR departments in an efficient, and timely manner.
    • Identifies and recommends process improvements. Identifies trends and procedural problems through ongoing audits; researches processes that can be automated through HRIS and/or market pricing tools; evaluates alternatives to solve system/business issues.

     

    Qualifications

    • Demonstrated ability to conduct analysis of large data sets
    • Ability to think outside of the box to resolve problems
    • Self-starter with strong attention to detail
    • Experience with compensation design and analysis
    • Ability to work in confidential environment.
    • Ability to communicate effectively verbally and in writing, with all level of the organization, including HR Business Partners, and Management.
    • Strong organizational skills with the ability to prioritize work.
    • Collaborative, team player.
    • Bachelor’s Degree and 2 years of experience in a Compensation, Data Analysis, or HR role. Bachelor's degree may be substituted with equivalent years of related experience.
    • Proficient Excel skills (i.e. knowledge of lookup and logical functions, creation of pivot tables and charts).
    • Proficient PowerPoint skills
    • Strong attention to detail and sense of urgency
    • Ability to maintain strict confidentiality

     

     

     

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