This position is absolutely remote, permitting you to experience the power of working from home at the same time as participating with skilled crew contributors and contributing to groundbreaking answers.
Your ImpactThe primary motive of this position is to help with the layout, improvement, and administration of base earnings, variable compensation, and incentive repayment packages for retail stores, distribution centers, and corporate friends to make certain marketplace competitiveness and inner equity. This also includes duty for continuous technique development inside the use of present reimbursement era and improvement of stepped forward methods. This function is critical to Lowe’s as a number of the paintings sports have an effect on employee engagement, retention, and the lengthy–term success of Lowe’s.
What you’ll Do
Evaluates market facts/tendencies and conducts analyses to decide the competitiveness of Lowe’s reimbursement applications, and makes recommendations hence.
performs evaluation, modeling, and calculations for annual bonuses, incentive programs and different ad hoc records requests.
Assists with the preparation of policy documentation and recommends explanation to coverage issues.
facilitates and methods increases for reimbursement occasions, which includes annual advantage increases, salary will increase, step increases, and so forth.
reviews records getting back from the sector to make certain its accuracy.
Communicates various save, distribution center or corporate incentive awards thru reviews, meetings, emails, on line structures, and so on.
Serves as a tactical SME on assigned packages and strategies at a granular.
Participates in reimbursement surveys, finishing and preserving task documentation and acting process analysis.
Conducts process evaluation and critiques new and/or present roles (i.e., ranking, element contrast, factors method, and so forth.).
guarantees compliance with all federal, state, and regulatory requirements and laws governing the reimbursement packages.
Works carefully with other agencies (Accounting, Finance, employee & corporate Communications, etc.) on the way to make certain Lowe’s repayment strategy is performed seamlessly.
capacity to keep confidentiality round all specific types of private employee information.
minimum qualifications
Bachelor’s degree enterprise, Human resources, Psychology, Accounting, monetary making plans and evaluation or related discipline or equivalent years of revel in in lieu of schooling requirement, if applicable
5 Years enjoy in reimbursement in a retail corporate surroundings. know-how of Lowe’s shops and corporate procedures. certified compensation expert designation. revel in evaluating activity grades
three Years revel in in Microsoft Excel, database analytics, and financial evaluation. revel in working in a reimbursement environment. outstanding verbal and written verbal exchange competencies. ability to analyze software systems quickly. experience dealing with exclusive information.
desired abilties/schooling
grasp’s degree commercial enterprise, Human sources, Psychology, Accounting, financial planning and analysis or related field
