Senior Compensation Business Partner
Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most complete platform for the modern workforce. The company has become one of the fastest-growing HCM software providers worldwide by offering an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build a strong workplace culture.
While traditional HR and payroll providers automate basic HR processes such as payroll and benefits administration, Paylocity goes further by developing tools that HR and businesses need to compete for talent and deliver against the expectations of the modern workforce.
We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.
When you feel like you belong, work is no longer work – it's personal. At Paylocity, we believe better employees lead to better companies. Workplaces and cultures that care will build the future, and at Paylocity, we’re doing just that. Join us as we change the future and transform your career!
There are jobs and then there are careers. Since 1997, Paylocity has been hiring talented people, giving them big challenges, and providing the right resources to help them succeed. Our award-winning culture ensures all employees feel truly welcome, appreciated, and free to be themselves. While other companies talk about it, we make it happen. Join Paylocity and launch your career!
Fully Remote (U.S. Only): This is a fully remote position, allowing you to work from home or location of record within the U.S. with no in-office requirements. You must be available five days per week during designated work hours. The work arrangement for this role is subject to change based on business needs and individual performance. This may include adjustments to on-site requirements or schedule expectations, as necessary.
Position Overview
This senior level position owns compensation decisions for an assigned business unit within Paylocity. The Senior Compensation Business Partner is viewed as a compensation expert and consultant who regularly partners with Senior Level leaders, HR Business Partners and decision makers bringing the Paylocity comp function to life. The person in this role is responsible for planning, managing, and executing broad-based compensation programs and projects including base salary, annual incentives, and rewards and recognition initiatives to meet business objectives and support our unique culture. Additionally, this position will partner with HR Business Partners, People Operations and Payroll to resolve day-to-day compensation matters and direct the implementation of various compensation programs. Senior Compensation Business Partners may also own incentive design (including sales incentives), incentive plan documentation, governance, and policy development. Senior Compensation Business Partners may also own advance modeling and analytics and use data insights to influence senior level leaders as well as support Pay Equity and/or Executive, International and M&A Compensation.
Primary Responsibilities
The below represents the primary duties of the position, others may be assigned as needed. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Partner with leadership to develop and maintain compensation plans, programs, policies, and practices in areas such as: Market analysis, performance management, merit, bonus and compliance projects.
- Provide effective research and recommendations regarding the company salary structure, FLSA exemptions, job reviews and organizational structures.
- Provide day-to-day consultation, analysis, and input to compensation strategy, policies, and procedures.
- Perform analysis on effectiveness and competitiveness of existing compensation programs and creates compensation models, reports and analysis used to analyze and support the appropriate compensation philosophy of the organization.
- Makes recommendations for pay adjustments.
- Monitors the effectiveness of existing compensation policies and uses competitive market data and knowledge of trends to participate in the design, development, execution, and administration of compensation covering all total compensation components.
- Collaborates with HR colleagues and managers on compensation related solutions while ensuring the confidentiality and security of all internal and external compensation data.
- Oversees the evaluation and audit of jobs to ensure correct FLSA status and compliance with all Department of Labor regulations.
- Keeps apprised of federal, state, and local compensation laws and regulations to ensure compliance in the United States and advises of any potential implication to company programs and policies.
- Participates in and coordinates the implementation and communication of compensation plans and initiatives.
- Manages compensation related projects, including but not limited to, annual merit and bonus process, benchmarking of HR policies, levelling of jobs.
Education and Experience
- Bachelor's/Undergraduate Degree in Human Resources, Finance, or other related discipline or equivalent years of experience required.
- At least 8 years of experience in Compensation.
- Demonstrated proficiency summarizing complex topics and presenting to senior level leaders.
- Must be proficient in MS Office (Word, Excel, and PowerPoint), and familiarity with HRIS operating software. MarketPay experience desirable.
Skills
- Excellent verbal and written communication, project management and organizational skills
- Must be detailed oriented with proven, excellent quantitative analytical skills
- Strong interpersonal skills and the ability to work independently as needed
- Ability to multi-task in a faced paced environment
Physical requirements
- Ability to sit for extended periods: The role requires sitting at a desk or workstation for long periods, typically 7-8 hours a day.
- Use of computer and phone systems: The employee must be able to operate a computer, use phone systems, and type. This includes using multiple software programs and inquiries simultaneously.
Paylocity is an equal-opportunity employer. Paylocity is committed to the full inclusion of all individuals. We recruit, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. At Paylocity, we believe diversity makes us better.
We embrace and encourage our employees’ differences in age, culture, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion or spiritual belief, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique. We actively cultivate these differences through our employee resource groups (ERGs), employee experiences, perspectives, talents, and approaches to drive innovation in the software and services we provide our customers.
We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact accessibility@paylocity.com. This email address is exclusively designated for such requests, aligning with federal and state disability laws. Please do not send resumes to this email address, as they will be removed.
The base pay range for this position is $101,300 - $125,000 /yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position is eligible for an annual bonus and restricted stock unit grant based on individual performance in addition to a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location. Applicants should apply via www.paylocity.com/careers.
Apply Now
At Paylocity, “We” is what makes us different. We are committed to fostering a culture that honors diverse opinions, perspectives, and backgrounds, knowing that each makes us stronger and collectively unbeatable together. We actively cultivate these differences as we engage each other in driving innovation in the software and services we provide our customers. Paylocity is an equal opportunity employer. If you are an individual with a disability and you need assistance or a reasonable accommodation during the application process, please contact our services team at +1 (844) 404-7427.