Compensation Specialist

Compensation Specialist

WEX's Compensation Team is seeking a self-driven and motivated Compensation Specialist to join their team in Portland, ME, Boston, MA, New York City, NY, Washington D.C., Chicago, IL, Dallas, TX, Bay Area, CA, or Seattle, WA! The Compensation Specialist will support the execution, and management of our compensation programs. This role requires a data-driven, analytical mindset with a strong foundation in data handling, data modeling, trend analysis and business partnership. Technical expertise in compensation modeling, analytics and dashboards.

This role will manage the administration of base salary compensation, job evaluations, market pricing, and salary structure. This role involves evaluating internal and external compensation data, ensuring pay equity, efficiently administering compensation practices, and contributing to the design of competitive and equitable compensation structures. In this role you will also support the administration of year-end compensation.

How You'll Make An Impact

• Compensation
• Ideal candidate is comfortable administering a variety of compensation programs and processes, and has ability to prioritize multiple competing priorities.
• Support compensation programs through timely administration and extreme accuracy with data handling.
• Advises HR Business Partners and management on salary administration, job code use, wage-hour issues, state and federal pay regulations, FLSA as well as compensation guidelines and processes.
• Develops and presents summary reports of job analysis and compensation analysis information.
• Partner with Finance and HRBPs to align compensation processes with programs and projects.
• Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
• Harmonization Projects
• Support job architecture, job family structures and job profiles across the businesses.
• Key support administration of the annual merit cycles from planning to completion.
• Work on process evolution and improvement with HR partners and HR Technology.
• Administer job families, leveling, and salary ranges.
• Administer career tracks for individual contributors and management.
• Design and maintain dashboards and reporting solutions using business intelligence tools (e.g., Looker, Tableau, or similar) to track program effectiveness and support decision-making.
• Compliance
• Ensure compliance with pay regulations and support evolving pay transparency initiatives.

Experience You'll Bring

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section. Pay Range : $68,000.00 - $90,000.00.