Senior Specialist, Compensation & Benefits
About us
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.
To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.
National Grid is hiring a Senior Specialist, Compensation & Benefits. This hybrid position can sit in either our Waltham, MA or Brooklyn, NY locations.
Job Purpose
Working as part of the Global Compensation team, the Senior Compensation Specialist will support the day-to-day management of all aspects of employee compensation (market benchmarking, salary analysis, salary increases budget research). Support the management of the short-term incentive plans and the year-end compensation planning as well as the job sizing / job evaluation processes for the various employee categories. Undertake project work relating to key changes or business initiatives and support the on-going efforts to drive improvements and reduce the complexity in the core compensation processes.
Key Accountabilities
- Assist in the management of the year-end annual compensation cycle, including acting as a compensation administrator of the compensation module.
- Support the administration of the annual short-term incentive plan.
- Perform salary benchmarking, with pay modelling to inform strategic decisions.
- Salary survey submissions and analyze results against company roles for competitiveness.
- Perform job evaluations.
- Participate in compensation projects and business initiatives.
Qualifications
- Bachelor’s degree in Human Resources, Finance, Business Administration or a related field.
- Minimum of 5-7 years of experience in compensation analysis.
- Strong Experience with practical and detailed application of existing compensation policies and processes, including experience with salary surveys, job evaluation, salary reviews, and short-term incentive plans.
- Experience with a large multi-national company in a heavily regulated industry subject to internal and external auditing.
- Preferred experience SAP SuccessFactors or similar HR system.
- Knowledge of FLSA and local state compensation & wage laws.
- Highly motivated self-starter with strong compensation experience.
- Comfortable working in complex, challenging and sensitive environments.
- Strong influencing and stakeholder management skills.
- Advanced analytical, MS Excel, and data modelling skills.
- Ability to work collaboratively in a team environment and manage multiple priorities.
More Information
Nearest Major Market: Cape Cod