Compensation Consultant at Lowe's Companies, Inc.

Mooresville, North Carolina, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Jan, 26

Salary

164000.0

Posted On

18 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compensation Programs, Employee Engagement, Market Competitiveness, Internal Equity, Data Integrity, Mentoring, Forecasting, Plan Documents, Governance Controls, Creative Solutions, Business Needs, Complex Information, Team Leadership, Best Practices, Judgment, Communication

Industry

Retail

Description

Your Impact The primary purpose of this role is to manage the full lifecycle of base salary, variable compensation, and incentive compensation programs for retail stores, distribution centers, and corporate employees in order to ensure competitiveness to market. This includes responsibility for defining metrics, creating plan documents, working with accounting on forecasting/accruals, communicating plan documents, and calculating pay. This role is critical to Lowe's as it gives guidance, direction, and advice on many of the work activities affecting employee engagement, retention, and the long-term success of Lowe's. What You Will Do Partners and consults with HRBPs and business leaders for assigned areas to design and deliver broad-based compensation programs and practices that ensure market competitiveness, internal equity, and drive appropriate behaviors that link pay and performance. Develops strong partnership with HR and business leaders to gain in-depth knowledge of business lines and deliver compensation solutions that meet business needs. Develops a robust point of view on how to overcome challenges with streamlining programs or make them more efficient. Develops governance controls and guidelines relating to compensation structures that ensure consistency and data integrity. Provides recommendations and creative solutions for complex compensation issues to strategically support lines of business. Leads larger initiatives that may include oversight of other team members. Has experience and knowledge of best practices and uses that to solve business problems. Uses multiple sources of information to analyze and exercise judgment. Interprets difficult, sensitive, and complex information and data. Ensures programs are implemented effectively and timely, within established budgets and complies with all relevant regulations, laws and employment standards. Mentors junior team members by openly sharing information, advice, and expertise to solve business problems. Minimum Qualifications Bachelor's degree Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis, or related field or equivalent experience 5+ Years Experience in Compensation in a retail corporate environment. Experience dealing with confidential information. Experience training/mentoring individual team members. Preferred Skills/Education Master's degree Business, Human Resources, Accounting, or related field or equivalent experience 5+Years Experience working in a compensation environment. Experience managing others in a team environment. CCP - Certified Compensation Professional designation About Lowe’s Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com. Pay Range: $98,200.00 - $164,000.00 annually Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit our benefits page. Lowe's hourly remote associates cannot reside in Alaska, California or Hawaii. Lowe's salaried remote associates cannot reside in Alaska or Hawaii. Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law. Qualified applicants with arrest or conviction records will be considered for Employment in accordance with applicable laws, including the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles Fair Chance Ordinance, the San Francisco Fair Chance Ordinance, and the California Fair Chance Act. Lowe’s believes that conviction records may have a direct, adverse, and negative relationship to the following job duties: accessing company property, assets, information and products; partnering, supervising, and regularly working with other Lowe’s employees; and adhering to and monitoring compliance and safety guidelines. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. We’re glad you’re interested in building your career with us. Lowe’s is dedicated to service, which begins with serving our associates. Lowe’s team members enjoy exceptional benefits and opportunities to grow their skills. Apply today and start your career on a strong foundation. Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 35 home improvement company serving approximately 20 million customers weekly in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.

Responsibilities

Manage the full lifecycle of compensation programs for various employee categories to ensure market competitiveness. Provide guidance and recommendations on compensation issues to support business lines effectively.