IHOP Job - 34433175 | CareerArc
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Company: IHOP
Location: Glendale, CA
Career Level: Associate
Industries: Food, Beverage

Description

The Senior Compensation Consultant role will be responsible for leading the implementation and administration of compensation programs that attract, retain, motivate and reward employees while ensuring internal equity, external competitiveness and governmental compliance.

The Senior Compensation Consultant develops, implements and administers compensation plans, pay structures and processes that support the company's compensation philosophy and ensures excellence in service delivery. The Senior Compensation Consultant will be expected to provide consultation and in-depth expertise to business leaders and HR Business Partners on base pay administration and incentive compensation design to align with business strategy. This role will serve as team lead for key compensation initiatives related to annual merit planning and execution, annual incentive design and administration, long-term incentive design and administration, Board of Director material preparation, compensation benchmarking, and employee communication plans. The role will also be responsible for performing job evaluations and recommending salary changes or new employment offers.

Responsibilities:

  • Responsible for creating and supporting total compensation programs, practices, and policies to attract and retain top talent
  • Partner with HR Business partners to create, update and maintain job profiles
  • Serve as team lead for all aspects of compensation benchmarking and administration, including the following:
    • Select and maintain compensation benchmarking surveys
    • Research and analyze new and existing positions and update salary grade structures by interpreting published market data and providing recommendations
    • Maintain appropriate job titles, job codes, FLSA status, pay grades, incentive targets, etc.
    • Advise HR and recruiting staff on appropriate job offers and review promotional salary increases
    • Perform special compensation, market, and internal equity studies by analyzing salary data and work experience of existing employees and provide recommendations
  • Ensure compliance with Federal, State, and local laws and regulations, including but not limited to, Fair Labor Standards Act, Department of Labor, Wage and Hour Division, Sarbanes Oxkley and the IRC
  • Lead the annual merit and incentive compensation planning process, including the design and administration of annual incentive programs
  • Oversees the vendor and administration of long-term incentive programs, including role as stock plan administrator and leader of related dividend processes for unvested restricted stock awards
  • Assist with the creation of materials for the Compensation Committee of the Board and the annual proxy statement, including the Compensation Discussion & Analysis and all related proxy tables
  • Assist in preparation of annual Total Rewards Statements, long-term incentive statements, and other ad-hoc analysis related to overall total rewards expenditure and impact
  • Partner with HRIS to ensure data integrity and perform ad-hoc reporting as needed
  • Assist with the administration of total rewards and benefits programs

Requirements

  • Bachelor's Degree required, preferably in Human Resources, Finance, Mathematics or related field
  • A minimum of 3-6 years experience in compensation required
  • Understands a Total Rewards philosophy and ability to develop and drive a Total Rewards program
  • Strong quantitative, statistical, analytical skills and attention to detail
  • Ability to anticipate and prioritize multiple priorities in a fast pace environment
  • Advanced skills in Microsoft Office products (Excel, Word and PowerPoint required)
  • Ability to handle employee issues with complete confidentiality and discretion
  • Able to assimilate research data from a variety of sources, analyze, and recommend appropriate courses of action
  • Proficiency with HRIS data management and possess systems aptitude
  • Experience with stock plan administration preferred
  • Able to express ideas clearly and convey necessary information
  • Able to build solid, effective working relationships with others at all levels in the organization


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