Compensation Specialist

Posted 6 Days Ago
Be an Early Applicant
15 Locations
In-Office
68K-90K Annually
Mid level
Fintech • Payments
The Role
The Compensation Specialist will manage compensation programs, ensure pay equity, partner with HR and Finance, and analyze market data. Responsibilities include job evaluations, salary structure administration, and compliance support.
Summary Generated by Built In

About Team/Role

WEX’s Compensation Team is seeking a self-driven and motivated Compensation Specialist to join their team in Portland, ME, Boston, MA, New York City, NY, Washington D.C., Chicago, IL, Dallas, TX, Bay Area, CA, or Seattle, WA! The Compensation Specialist will support the execution, and management of our compensation programs. This role requires a data-driven, analytical mindset with a strong foundation in data handling, data modeling, trend analysis and business partnership. Technical expertise in compensation modeling, analytics and dashboards. 

This role will manage the administration of base salary compensation, job evaluations, market pricing, and salary structure. This role involves evaluating internal and external compensation data, ensuring pay equity, efficiently administering compensation practices, and contributing to the design of competitive and equitable compensation structures. In this role you will also support the administration of year-end compensation. 

How you’ll make an impact

Compensation 

  • Ideal candidate is comfortable administering a variety of compensation programs and processes, and has ability to prioritize multiple competing priorities.

  • Support compensation programs through timely administration and extreme accuracy with data handling.

  • Advises HR Business Partners and management on salary administration, job code use, wage-hour issues, state and federal pay regulations, FLSA as well as compensation guidelines and processes.

  • Develops and presents summary reports of job analysis and compensation analysis information.

  • Partner with Finance and HRBPs to align compensation processes with programs and projects.

  • Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.

Harmonization Projects

  • Support job architecture, job family structures and job profiles across the businesses.

  • Key support administration of the annual merit cycles from planning to completion.

  • Work on process evolution and improvement with HR partners and HR Technology

  • Administer job families, leveling, and salary ranges.

  • Administer career tracks for individual contributors and management.

  • Design and maintain dashboards and reporting solutions using business intelligence tools (e.g., Looker, Tableau, or similar) to track program effectiveness and support decision-making

Compliance

  • Ensure compliance with pay regulations and support evolving pay transparency initiatives. 

Experience you’ll bring

  • Undergraduate degree in business, economics,  or a related field.

  • 3+ years of experience in compensation.

  • Strong fluency in data analysis tools, including proficiency in Excel/Google Sheets 

  • Experience with compensation survey providers (e.g., Radford, Mercer, WTW) and job leveling methodologies and frameworks

  • Strong communication skills, with the ability to partner with HR, Legal, Finance and the business at all levels

  •  Experience in Job harmonization and career pathing

  • Strong Project Management skillset.

  • Experience presenting compensation training sessions. 

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.Pay Range: $68,000.00 - $90,000.00

Top Skills

Business Intelligence Tools
Excel
Google Sheets
Looker
Tableau
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Portland, ME
4,900 Employees

What We Do

We simplify complex payment systems for fleets, corporate payments, and healthcare—unlocking insights, opportunities, and efficiencies to give you greater control of your business.

Powered by the belief that complex payment systems can be made simple, WEX (NYSE: WEX) is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through approximately 4,900 associates around the world. WEX fleet cards offer approximately 14 million vehicles exceptional payment security and control; our travel and corporate solutions business processes over $35 billion of purchase volume annually; and the WEX Health financial technology platform helps 343,000 employers and more than 28 million consumers better manage healthcare expenses.

Similar Jobs

ServiceNow Logo ServiceNow

Consultant

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Toronto, ON, CAN
28000 Employees

ServiceNow Logo ServiceNow

Consultant

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Montréal, QC, CAN
28000 Employees

ServiceNow Logo ServiceNow

Consultant

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Toronto, ON, CAN
28000 Employees

ServiceNow Logo ServiceNow

Consultant

Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Remote or Hybrid
Toronto, ON, CAN
28000 Employees

Similar Companies Hiring

Camber Thumbnail
Social Impact • Healthtech • Fintech
New York, NY
53 Employees
Rain Thumbnail
Web3 • Payments • Infrastructure as a Service (IaaS) • Fintech • Financial Services • Cryptocurrency • Blockchain
New York, NY
40 Employees
Scotch Thumbnail
Software • Retail • Payments • Fintech • eCommerce • Artificial Intelligence • Analytics
US
25 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account