Compensation Specialist
Who We Are
We’re Dealer Tire , a family-owned, international distributor of tires and parts established in 1918 in Cleveland, OH. We’re laser focused on helping the world’s largest and most trusted auto manufacturers grow their tire business—in fact, we’ve sold more than 60 million tires to date. We’re a thriving company, and we’re looking for driven individuals to join our team. That’s where you come in!
Base Pay Range:
$72,000-$85,000
As a Compensation Specialist, your essential job responsibilities will include the following:
Compensation Strategy & Market Analysis
- Evaluate and monitor industry compensation trends, survey data, and local market developments that impact non-exempt positions including, but not limited to, technicians, distribution centers, tire stores, and field roles.
- Create and manage compensation reports in Compensation Management tool to assess our program's market competitiveness, evaluate initiative effectiveness, and use data for strategic business decisions.
- Assist in conducting pay equity analyses to ensure fair and consistent compensation practices across the organizations.
- Evaluate job positions, collaborate with legal to determine FLSA classification, write job descriptions, establish pay ranges and compile cost-of-labor and cost-of-living data.
- Support all entities within The Dealer Tire Family of Companies with non-exempt compensation market reviews, consulting with the Talent Acquisition teams and HRBPs and providing guidance and recommendations on offers for new hires and internal promotions and transfers.
Compensation Programs & Compliance
- With support from the Senior Compensation Specialist, develop and oversee non-exempt compensation programs, conducting scenario analyses to inform recommendations for program administration, expansion to new locations, or targeted pay adjustments.
- Ensure compensation programs comply with local, state, and federal regulations.
- In collaboration with the Team Lead and Senior Compensation Specialist, assist in managing compensation change initiatives by developing strategic communications and creating comprehensive compensation guides and tools.
- Manage incentive and bonus plan communication and administration for all non-exempt roles.
- Partner with the Senior Compensation Specialist on the administration of the annual merit process.
- Partner with the business to annually update all incentive programs including sales commission plans, departmental plans and Profit Sharing plans.
Workday Administration & Business Partnership
- Maintain compensation data and ensure accuracy in Workday, including compensation grades, compensation grade profiles, compensation plans, and assignments.
- Review all offers of employment within Workday and ensure accuracy and compliance.
- Process wage and salary adjustments in Workday due to merit increases, market adjustments, promotions or other job changes.
- Drive accountability of compensation decisions and strategy with strong partnerships across the business that support pay equity and DEI initiatives.
Other Duties as Assigned
Competencies Required
- Results Orientation
- Agility
- Initiative
- Influence
- Customer Focus
- Thinks Broadly
- Understands Data
- Recognize Implications
- Gather Information
Requirements
- Bachelor’s degree in business administration or HR management or a combination of education and experience that enables performance in all aspects of the position
- 2+ years of compensation administration experience; demonstrated knowledge of compensation methodologies, commonly used concepts, practices, and procedures
- Knowledge of compensation principles (market pricing, salary structures, pay equity, and compliance)
- Demonstrated proficiency in MS Excel and Microsoft Office suite
- Ability to effectively communicate and collaborate cross functionally
- Strong analytical skills and attention to detail
- Excellent interpersonal, verbal and written com