Lead Specialist - Total Rewards

Title: Lead Specialist - Total Rewards

Location: Remote

Full time

Job Description:

The Total Rewards Lead Specialist provides compensation and benefits support globally for the corporate segment with the primary focus being compensation. This is a high exposure/critical role that partners with the global corporate HR team to deliver on initiatives by applying compensation and benefits strategies to meet business objectives.

Job Description

Essential Functions/Responsibilities:

• Provide expertise and advice through partnership with business leaders, HR Partners, Talent Acquisition, Total Rewards colleagues, and plan stakeholders on key compensation strategies
• Partner closely with Corporate HR on both operational (offer package consulting and development, etc.) and strategic decisions within their organizations as it relates to hiring, promotion, retention plans, etc. 
• Support the flawless execution of Annual Total Rewards Processes such as yearly budgeting process, annual compensation review and short-term Incentive program
• Utilize internal tools and external benchmarking to appropriately level roles
• Design and implement compensation programs to meet business needs and develop frameworks/standards for new programs where applicable
• Continuously research market data, industry trends & best practices to evaluate and enhance company competitiveness
• Ensure all programs in remit are fully compliant with relevant legislation at all times in partnership with L&E
• Lead tracking and analysis of compensation spend for various programs includes short/long-term and recognition programs  
• Create and maintain Standard Operating Procedures for key processes/programs
• Partner as needed with benefits team on initiatives & projects
• Support the continuous improvement, including harmonization and optimization of Total Rewards policies, programs, processes, and practices
• Provide support for the US Region as needed

Requirements

• Bachelor’s degree from an accredited university or college (or a high school diploma/GED with minimum of 5 years of direct compensation and benefits) 
• Operational experience in an HR, Compensation, or Finance related role with functional knowledge of compensation concepts, systems, and administration 

Desired Characteristics  

• 3+ years prior experience in compensation analysis/consultation
• Prior experience either managing salary survey and benchmarking activities or other complex analytical analyses/projects 
• Strong influencing skills with the ability to operate effectively within a matrix environment
• Proven organizational and analytical skills
• Strong attention to detail
• Demonstrable experience in leading change programs
• Advanced excel skills
• Experience in providing guidance & counsel at various level of experience and hierarchy in the organization.
• Excellent interpersonal, consulting, written and verbal communication skills
• Experience levelling roles using WTW methodology
• Strong sense of accountability and ability to work under limited supervision
• HRLP program graduate

Additional Information

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: No

#LI-Remote - This is a remote position

For candidates applying to a U.S. based position, the pay range for this position is between $92,900.00 and $154,700.00. The Company pays a geographic differential of 110%, 120% or 130% of salary in certain areas. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set.

Bonus eligibility: discretionary annual bonus.

Available benefits include medical, dental, vision, and prescription drug coverage; access to Health Coach from GE Vernova, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Vernova Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and financial planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability benefits, life insurance, 12 paid holidays, and permissive time off.