1

Compensation Strategy Jobs in Virginia (NOW HIRING)

In addition, the Specialist will partner closely with the corporate compensation team to align field compensation practices with overall company strategy. Responsibilities: * Monitor and implement ...

Equity Administration & Strategy: Serve as the primary administrator for our Carta platform. Manage ... Compensation Architecture: Design, implement, and refine competitive salary structures, job ...

In addition, the Specialist will partner closely with the corporate compensation team to align field compensation practices with overall company strategy. Responsibilities: * Monitor and implement ...

This role offers a mix of strategic project work and day-to-day consulting, with ownership of key compensation programs, processes, and initiatives. Principal Duties & Responsibilities: Compensation ...

New

This role offers a mix of strategic project work and day-to-day consulting, with ownership of key compensation programs, processes, and initiatives. Principal Duties & Responsibilities: Compensation ...

New

This role offers a mix of strategic project work and day-to-day consulting, with ownership of key compensation programs, processes, and initiatives. Principal Duties & Responsibilities: Compensation ...

New

The role combines strategic ownership of compensation and payroll systems and processes with hands-on execution of day-to-day compensation and payroll operations. The ideal candidate brings prior ...

New

The role combines strategic ownership of compensation and payroll systems and processes with hands-on execution of day-to-day compensation and payroll operations. The ideal candidate brings prior ...

New

... strategic case evaluations to employers insurers and third-party administrators * Manage an ... workers' compensation experience preferred * Strong organizational communication and time ...

... strategic case evaluations to employers insurers and third-party administrators * Manage an ... workers' compensation experience preferred * Strong organizational communication and time ...

next page

Showing results 1-20

Compensation Strategy information

What is compensation strategy?

Compensation strategy refers to an organization's approach to designing and managing employee pay, benefits, and rewards to attract, motivate, and retain talent. It involves aligning compensation programs with business goals, market trends, and internal equity considerations. A well-developed compensation strategy helps ensure that employees are fairly rewarded for their work and that the company remains competitive in the job market. It typically includes salary structures, incentive plans, and benefits offerings tailored to the organization's objectives.

What are the key skills and qualifications needed to thrive in Compensation Strategy, and why are they important?

To thrive in Compensation Strategy, you need a strong background in data analysis, compensation principles, and human resources, often supported by a degree in HR, finance, or business. Familiarity with compensation management software, HRIS systems, and certifications like CCP (Certified Compensation Professional) is highly valuable. Excellent communication, problem-solving, and stakeholder management skills set top performers apart in this field. These capabilities ensure fair, competitive, and compliant compensation programs that drive employee engagement and organizational success.

How does a Compensation Strategy professional typically collaborate with HR and business leaders to develop effective pay structures?

Compensation Strategy professionals work closely with HR teams and business leaders to align pay structures with organizational goals and market benchmarks. They participate in regular meetings to discuss workforce trends, company performance, and budget constraints, ensuring that compensation plans attract and retain top talent. This role often involves analyzing salary data, proposing adjustments, and presenting recommendations to leadership for approval, fostering a collaborative environment that balances business needs with employee satisfaction.

What is the difference between Compensation Strategy vs Compensation Analyst?

AspectCompensation StrategyCompensation Analyst
Primary FocusDeveloping overall compensation plans and policiesAnalyzing salary data and market trends
ResponsibilitiesDesigning pay structures, benefits, and incentive programsConducting salary surveys, data analysis, and reporting
Required CredentialsHR or compensation certifications, relevant experienceDegree in HR, finance, or related field; analytical skills
Work EnvironmentStrategic planning, policy development, cross-department collaborationData analysis, reporting, supporting compensation decisions

While Compensation Strategy focuses on creating and guiding overall pay policies and structures, Compensation Analysts implement these strategies through data analysis and market research. Both roles are essential in ensuring competitive and equitable compensation practices within organizations.

What are popular job titles related to Compensation Strategy jobs in Virginia? For Compensation Strategy jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Compensation Strategy jobs in Virginia look for? The top searched job categories for Compensation Strategy jobs in Virginia are:
What cities in Virginia are hiring for Compensation Strategy jobs? Cities in Virginia with the most Compensation Strategy job openings:
CORPORATE COMPENSATION ANALYST 4

CORPORATE COMPENSATION ANALYST 4

Huntington Ingalls Industries

Newport News, VA • On-site

$115K - $143K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 2 days ago


Huntington Ingalls Industries rating

7.5

Company rating: 7.5 out of 10

Based on 144 frontline employees who took The Breakroom Quiz

228th of 527 rated manufacturers


Job description

Req ID: 47792
Team: N354 BENEFITS ADMINISTRATION & COMPENSATION
Entity: HII Corporate Office
Shift: 1st
US Citizenship Required for this Position: Yes
Full-Time
Relocation: Relocation assistance will be available
Virtual/Telework Opportunity: No - Not eligible for telework
Travel Requirement: Yes, 10%-25% of the time
Salary Range: $115,000.00 to $143,000.00
The anticipated salary range represents the estimated base pay for this role. Final compensation will be determined based on experience, qualifications, and other job-related factors, and may vary from the posted range
Meet HII's Corporate Team
HII's corporate team is responsible for providing strategic direction across technological and business disciplines, including accounting, finance, human resources, sales, operations, business development, legal, sustainability, communications, information technology, security, and more. In service of our employees, leaders, customers, and shareholders, we have the privilege of supporting thousands of colleagues across the entire business. Find the role that's right for you. Apply today. We look forward to meeting you.
The Role
HII has an exciting opportunity for a Corporate Compensation Analyst 4 at our office in Newport News, VA! A Corporate compensation Analyst 4 implements and administers compensation, incentive and equity policy, procedures, practices and programs to ensure alignment with HII strategy, goals, market competitiveness, equitable pay and legal compliance. Candidate will conduct surveys, analyze compensation trends and ensure compliance with local, state and federal laws regulating compensation practices and maintain documentation to support audits from various government agencies.
Key Responsibilities
Support the administration of compensation programs including base pay, bonuses and incentive plans. Review program effectiveness and prepare data-driven recommendations for program improvement.
Conduct market research and benchmarking to compare company pay with industry standards and market trends. Collaborate with HR Business Partners to structure competitive compensation packages for corporate hires and internal movements.
Perform job evaluations and analyses to establish and maintain market rates, salary structures, job descriptions and job classifications. Collaborate with division HR, various corporate departments and management to implement compensation strategies and communicate pay structures effectively.
Support the merit process and validate pay adjustments, budgets and internal equity. Provide employees with communications informing them of changes in pay, bonuses, equity, etc.
Support the administration of equity programs. Develop detailed communication documents for participants, collaborate with HRIS to ensure employee records are properly updated. Regularly update the system and develop reports using the Fidelity equity administration system.
Maintain knowledge of federal, state, and local compensation laws and regulations to ensure ongoing corporate compliance. Support responses to requests arising from DCAA, OFCCP, and other government agency inquiries and audits.
Must Have
  • Bachelor's degree in a related field, plus a minimum of 10 years of applicable, progressive professional experience in compensation and salary administration; or Master's degree in a relevant discipline and 8 years of applicable, progressive professional experience.
  • Familiarity with equity award types (stock options, RSUs, PSUs, SARs), vesting schedules, and related tax implications.
  • Exceptional analytical, written, and verbal communication skills; demonstrated ability to present complex compensation concepts to executive-level audiences.

Nice to Have
  • Master's degree in Business Administration (MBA) or Human Resources Management
  • Certified Compensation Professional (CCP) and/or Certified Executive Compensation Professional (CECP) designation from WorldatWork
  • Thorough understanding of the financial and accounting implications of executive rewards programs, as well as a thorough understanding of related legislative and regulatory issues impacting executive rewards programs

Why HII
We build the world's most powerful, survivable naval ships and defense technology solutions that safeguard our seas, sky, land, space and cyber. HII's diverse workforce includes skilled tradespeople; artificial intelligence, machine learning (AI/ML) experts; engineers; technologists; scientists; logistics experts; and business administration professionals.
Recognized as one of America's top large company employers, we are a values and ethics driven organization that puts people's safety and well-being first. Regardless of your role or where you serve, at HII, you'll find a supportive and welcoming environment, competitive benefits, and valuable educational and training programs for continual career growth at every stage of your career.
Working at HII is more than a job - it's an opportunity to build a future. We offer comprehensive benefits including: medical, prescription drug, dental and vision plan choices, on-site health centers, tele-medicine, wellness resources, employee assistance programs, savings plan options (401K), financial education and planning tools, life insurance, tuition reimbursement, employee discounts, early childhood and post-secondary education scholarships, and more. Some benefits may vary depending on your specific division or work location.
Together we are working to ensure a future where everyone can be free and thrive.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, physical or mental disability, age, or veteran status or any other basis protected by federal, state, or local law.
Do You Need Assistance?
If you need a reasonable accommodation for any part of the employment process, please send an e-mail to buildyourcareer@hii-co.com and let us know the nature of your request and your contact information. Reasonable accommodations are considered on a case-by-case basis. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.
Additionally, you may also call 1-844-849-8463 for assistance.

What Huntington Ingalls Industries employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom