Compensation Specialist

Ameren•Saint Louis, MO

4d•Hybrid

About The Position

The Compensation and Performance Specialist is responsible for ensuring that Ameren’s compensation practices are designed and executed in a manner consistent with Ameren’s business and talent strategies. The role will play a critical role in designing, analyzing, and administering competitive compensation programs, leveraging advanced analytics, and technology platforms to deliver insights, streamline processes, and support data-driven decisions that enhance our overall Total Rewards strategy. This position will report to the Manager, Compensation and Performance and will work closely with a team of compensation co-workers, additional HR peers, and leaders from across the organization.

Requirements

Bachelor’s degree in a relevant discipline (e.g., business, finance, accounting, human resources, etc.) from an accredited university is required.
Technology proficiency, including Microsoft Suite required.
Five (5) or more years of directly relevant experience required.

Nice To Haves

A master’s degree in Business Administration (or another relevant field) and/or CCP certification is preferred.
Experience working in or consulting with large or complex organizations is also preferred.
Experience working with Workday and/or Compensation Software (e.g., BetterComp) preferred.
A proactive, forward-thinking mindset and approach to work; ability to build relationships and work/consult effectively with stakeholders at all levels; strong communication skills (ability to present information clearly in written form or verbally); strong analytical/technological capabilities.

Responsibilities

Compensation Analytics & Program Support Play a key role in the management and execution of Ameren’s core compensation processes, including the completion of salary surveys, market pricing, equity reviews, and annual merit and incentive planning. Continuously identify opportunities to improve and strengthen these processes to benefit all stakeholders.
Proactively develop a deep understanding of compensation and labor market trends to ensure Ameren’s compensation processes are well aligned with business needs.
Leverage compensation management software (e.g., Workday, BetterComp) to administer pay programs and maintain data integrity.
Research and leverage available technology tools to streamline, simplify, and automate processes for efficiency and ease of use.
Compliance & Governance Ensure compensation programs adhere to legal requirements including FLSA, pay transparency laws, and regulatory standards.
Support pay equity analyses using advanced analytics and statistical tools.
Maintain compensation policies, documentation, and data audit processes.
Strategic Partnership Partner with HR peers to develop offers of employment and/or promotional recommendations consistent with Ameren’s business and talent strategies.
Consult with leaders and HR peers on compensation-related issues, collaborating to develop alternatives and/or solutions to address challenging business or talent issues.
Partner with Executive Compensation Manager and Compensation peers to provide analytical support in the ongoing design and administration of executive rewards plans, programs, and processes, including long-term incentives and deferred compensation plans.
Lead teams, manage projects, and manage vendor relationships to address business issues.