Description
Design, analyze, and administer wage and salary programs to ensure competitive, equitable, and compliant pay. Conduct job evaluations and market pricing, manage pay structures and salary budgets, and advise leaders on pay decisions and FLSA classification.
- • Investigate and resolve salary and classification complaints.
- • Administer annual merit and market increase cycles.
- • Model salary budgets and forecast cost impacts.
- • Evaluate jobs to determine FLSA status, level, and pay grade.
- • Build and maintain salary structures, ranges, and step/grade systems.
- • Price jobs to market using surveys and benchmarking.
- • Ensure compliance with federal and state wage and hour and equal pay laws.
- • Conduct pay equity, compression, and progression analyses.
- • Recommend pay adjustments and corrective actions.
- • Prepare compensation reports, dashboards, and costing analyses.
- • Develop and maintain compensation policies and documentation.
- • Advise managers and HR on offers, promotions, and merit guidelines.
- • Create and maintain job descriptions, job families, and career frameworks.
- • Collect job data via interviews, questionnaires, and desk audits.
- • Lead or support salary survey participation and vendor relationships.
- • Provide wage data and costing to support collective bargaining, as needed.
- • Partner with Payroll and HRIS to ensure accurate pay data and configuration.
- • Monitor labor market and geographic pay trends; recommend updates.
- • Train managers and HR on compensation philosophy and pay practices.
- • Prepare audit materials and compliance filings related to wages.
- • Design and administer short-term incentive and merit pay programs.
- • Maintain governance and data integrity for job codes, grades, and pay records.
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Financial Services
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Source
Tasks & skills:
O*NET occupational data (work activities, skills, knowledge).
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Sources & Standards:
This site includes information from O*NET by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. Career Clutch has modified some of this information for student readability. USDOL/ETA has not approved, endorsed, or tested these modifications. O*NET® is a trademark of USDOL/ETA.
Last reviewed: Jan 2026
