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Compensation Specialist

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YETI

Aug 28

  • Job
    Full-time
    Junior Level
  • Austin
  • Quick Apply

AI generated summary

  • You need a Bachelor’s in Business or HR, 1+ years in Compensation, strong Excel skills, global experience in Workday, and excellent communication abilities. Be detail-oriented and a problem solver.
  • You will track compensation surveys, support annual planning, handle inquiries, document processes, manage pricing, assist with contract renewals, and oversee payroll approvals.

Requirements

  • Bachelor’s Degree in Business, Human Resources or related field AND a minimum of 1 year relevant work experience in the Compensation field
  • Experience working with global compensation in Workday a plus
  • Demonstrates strong partnerships with business units in the organization
  • Experience with annual merit review cycles, compensation survey activities and job matching to market surveys and grades
  • Strong analytical skills and power user of Excel
  • Demonstrates strong and effective verbal, written, and interpersonal communication and presentation skills
  • Must be positive, detail and quality oriented, organized, team oriented and a driven problem solver, multi-tasker, and self-starter with the ability to prioritize and effectively manage time in a fast paced, dynamic environment

Responsibilities

  • Participates in various compensation surveys. Tracks surveys and due dates. Maintains job matches and compiles data for salary survey submission.
  • Supports in the annual compensation planning process, including system testing, data preparation, and process management.
  • Stay abreast of changes in employment laws and regulations affecting compensation, including tracking minimum wage increases for retail store locations.
  • Responds to compensation process-related inquiries.
  • Documents new processes; maintains policy and guideline documentation on existing processes.
  • Marking pricing and MarketPay maintenance.
  • Survey participation and contract renewal admin.
  • Support other administrative activities, such as:
  • Create Sales Plan Acknowledgments (Quarterly and biannual plans)
  • Quarterly company bonus projection files
  • Review and approve International Payrolls – Australia, UK, China, Singapore

FAQs

What is the role of a Compensation Specialist at YETI?

The Compensation Specialist at YETI is responsible for supporting the Total Rewards team in maintaining and enhancing compensation programs, participating in compensation surveys, assisting with annual compensation planning, and responding to compensation inquiries.

What qualifications are required for the Compensation Specialist position?

A Bachelor's Degree in Business, Human Resources, or a related field, along with a minimum of 1 year of relevant work experience in the Compensation field, is required. Experience with global compensation in Workday is a plus.

What kinds of tasks will the Compensation Specialist perform?

The tasks include participating in compensation surveys, supporting the annual compensation planning process, tracking employment law changes, managing documentation, and assisting with administrative activities like creating sales plan acknowledgments.

Is there any specific software experience required for this position?

Strong analytical skills and proficiency in Excel are required. Experience working with global compensation in Workday is considered a plus.

What skills are important for success in this role?

Important skills include strong analytical abilities, effective verbal and written communication, attention to detail, organizational skills, and the ability to work in a fast-paced, dynamic environment.

Does YETI support diversity and inclusion in the workplace?

Yes, YETI is committed to creating a diverse, equitable, and inclusive culture and embraces applicants from all backgrounds to contribute to its mission.

Is there a relocation package offered for this position?

The job description does not specify whether a relocation package is offered; you may want to inquire directly with YETI for more information.

Are there opportunities for professional growth within the Compensation Specialist role at YETI?

Yes, as a member of the Total Rewards team, the Compensation Specialist will have opportunities to build upon existing compensation programs and collaborate with team members, which can facilitate professional growth.

Can I apply for this job if I am currently working outside of the United States?

While the job description does not specify, it is advisable to contact YETI directly to understand their policies regarding international applicants.

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YETI

Manufacturing & Electronics
Industry
1001-5000
Employees
2006
Founded Year

Mission & Purpose

YETI is a company specializing in high-performance coolers, drinkware, and outdoor gear designed for adventurers and outdoor enthusiasts. Their mission is to build durable, premium products that enhance outdoor experiences and withstand tough conditions. YETI's purpose is to support those who seek adventure and excellence, offering products that combine rugged durability with innovative design to meet the needs of active lifestyles.