Principal, Compensation - Pharmacy & Retail Operations
Address: 106 WILMOT RD,DEERFIELD,IL,60015-05123-01106-2
Job ID 1609898BRBasic Qualifications
- Bachelor’s Degree and at least 2 years of compensation experience; OR High School Diploma or GED and at least 5 years of compensation experience.
- Experience with confidentiality requirements associated with the practice of Human Resources, in general, and Compensation, specifically.
- At least 2 years of experience working with and applying compensation techniques, job evaluation, salary survey practices and methodologies, salary program development, job documentation, the elements of total rewards, and career ladder concepts.
- Experience applying the principles of the Fair Labor Standards Act and its applicability to the job evaluation process.
- Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers and tables and/or adjusting table columns).
- Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).
- Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).
- At least 1 year of direct leadership, indirect leadership and/ or cross-functional team leadership.
- Willing to travel up to 10% of the time for business purposes (within state and out of state).
Preferred Qualifications
- Bachelor's Degree in a related field such as Human Resources or Business Administration and at least 4 years of compensation experience.
- Master’s Degree / MBA.
- Experience in Human Resources outside of Compensation such as working as a generalist, business partner, or in benefits, recruiting, talent development, HRIS, or other HR function.
- Experience with incentive compensation plan designs, development, deployment, and measurement.
- Experience with maintaining, administering or using compensation systems, such as REWARD/PayReview, and knowledge of HRIS analytics as they pertain to compensation functions.
- Experience evaluating information to determine compliance with standards, laws, and regulations.
- Certified Compensation Professional (CCP) as granted by World at Work.
Salary Range
$102800 - $164400 / Salaried