Compensation Specialist Ameren Corporation : Missouri Category: Human Resources

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.

• 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, Better Comp) 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.

• 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.

• 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.

• 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.
• A master's degree in Business Administration (or another relevant field) and/or CCP certification is preferred.
• Five (5) or more years of directly relevant experience required.
• Experience working in or consulting with large or complex organizations is also preferred.
• Experience working with Workday and/or Compensation Software (e.g., Better Comp) preferred.