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Compensation Planning and Operations Manager

Date: Oct 16, 2021

Location: ERIE, PA, US, 16508

Company: Erie Insurance

Division or Field Office:

Human Resources Division

Department of Position: Total Rewards Department 

Work from:

Corporate Office in Erie, PA

 

At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 5,000 employees and over 2,200 independent agencies.  Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.  To attract and retain the best talent, we reward our team members with competitive salaries and a very generous benefits package.

 

Position Summary

Evaluates effectiveness of current executive and non-executive compensation programs in order to makerecommendations for changes. Recommends, implements and administers various compensation programsand activities. Works across disciplines within the company to achieve a seamless analysis, development anddelivery process for compensation programs. Assists in the development of short- and long-range strategicplans for the department, as well as short- and long-term compensation plans for the organization in alignmentwith company strategy. Also participates in the analysis of market data, conducts research and completesspecial projects.

Duties and Responsibilities

  • Manages overall operations of designated area of authority. Interviews, hires, trains and directs personnel. Prepares and conducts performance assessments, coordinates discipline and oversees Employee development as required.
  • Develops and recommends new compensation plans or revisions to existing plans to ensure that ERIE provides a competitive level of pay, motivation and reward to employees. Ensures that all policies, plans and programs adhere to applicable governmental laws and regulations.
  • Directs compensation statistical reporting and development, monitors expense trends, and develops related executive analysis reports. Monitors and analyzes external benchmark groups and tactical performance metrics in order to trend ERIE's compensation programs. Conducts special studies and reports as needed.
  • Assists in developing short- and long-range planning and development activities related to the operation of ERIE's compensation plans. Acts as a project lead to provide analyses of strategic initiatives related to compensation plan design and integration with total rewards philosophy. Provides advanced reporting to management and guidance/support to HR and line management.
  • Researches and analyzes compensation plan trends. Evaluates and recommends changes in compensation plan designs to ensure effectiveness and cost containment efficiencies in accordance with corporate objectives. Presents recommendations for change to management.
  • Manages the development and implementation of strategic Employee communication and education programs regarding compensation plan features and total rewards integration. Prepares and delivers compensation training.
  • Completes or oversees the completion of job evaluations and recommends salary range assignments that are consistent with the company's compensation and total rewards philosophies and practices. Analyzes data from appropriate compensation surveys to ensure external competitiveness and makes comparisons to ERIE's existing job structure to ensure internal equity.
  • Responsible for maintaining current policies and procedures in Corporate HR Policy manual and/or Employee Handbook. Directs the development of communication plans to support policies and procedures.
  • Coordinates administration of the merit planning process. Oversees work of the Compensation Analysts in verifying data, preparing summary reports, and costing information.
  • Acts as technical expert and consultant to various levels of employees regarding programs. Provides information to employees including policy interpretation on compensation issues.
  • Completes special projects as required.

Duties and Responsibilities (cont'd if applicable)

The first eight duties listed are the functions identified as essential to the job. Essential functions are those job duties that must be performed in order for the job to be accomplished.

 

This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become evident.

Competencies

Collaborates (Leader)
Cultivates Innovation (Leader)
Customer Focus (Leader)
Decision Quality (Leader)
Develops Talent (Leader)
Drives vision and purpose (Leader)
Ensures Accountability (Leader)
Instills Trust (Leader)
Nimble Learning (Leader)
Persuades (Leader)
Plans and Aligns (Leader)
Self-development (Leader)

Qualifications

Bachelor's degree in human resources, business administration, finance, accounting or a related field, required.  Eight years of experience in human resources, finance or related field required. In-depth knowledge of position description management, job analysis and evaluation, performance assessment systems, salary surveys, and incentive compensation, or equivalent, preferred.
Supervisory/management experience preferred. Familiarity with PeopleSoft human resources management system preferred. Proficiency with word processing, spreadsheet, database and presentation software required.  Certified compensation professional (CCP) or certification as Senior Professional Human Resources (SPHR)preferred

Physical Requirements

Lifting 0-20 lbs; Occasional (<20%)
Lifting 20-50 lbs; Occasional (<20%)
Lifting Over 50 lbs; Occasional (<20%)
Driving; Rarely
Pushing/Pulling; Occasional (<20%)
Manual Keying/Data Entry; Often (20-50%)
Climbing; Rarely


Nearest Major Market: Erie