Compensation Specialist II

Compensation Specialist II

Location: Columbia, MD

Salary: $83,000 to $85,000 per year

 

Who are we?

Established in 1975, Shimadzu Scientific Instruments is one of the largest suppliers of analytical instrumentation, physical testing, and environmental monitoring systems in the world.  Ground-breaking scientific research, manufacturing ideas and results continue to propel Shimazu’s outstanding reputation and “Excellence in Science.”  People dedicated to our mission have the largest impact on Shimadzu’s continued growth and success. Would YOU like to join a diverse team of professionals working together with researchers, scientists and manufacturers to help better lives worldwide?

What can Shimadzu offer YOU?

• Our Culture – A work environment that values diversity, inclusion & belonging
• Competitive Compensation – Day 1 Benefits & Competitive Salary
• Retirement Benefits – Matching 401K & Profit-Sharing Program
• Professional Growth – Clear pathways for Career, Leadership and Personal Development
• Health Benefits – Flexible Spending/Health Savings Accounts
• Work-Life Balance – Generous & Front-Loaded Paid Time Off Plan
• Education – Tuition Assistance Program for both graduate and undergraduate levels
• Insurance Perks – Pet Insurance, optional Identity theft, legal pre-paid and critical care buy-up insurance benefits, generous company paid life insurance & short-term disability programs
• Work Flexibility – Business casual Dress Attire & casual (jeans) Friday!
• Employee Engagement – Employee Resource Groups to network, build a sense of community and enhance one’s career and personal development

ADDITIONAL COMPENSATION:

• For Service, Technical Support, Marketing & Sales Roles: Additional compensation is available through either an Incentive and/or Commission Plan.
• For Employees who reside in Connecticut, Massachusetts, New Jersey and California: Additional compensation is offered through a Cost-of-Living Adjustment (COLA)

Shimadzu Scientific Instruments is seeking a Compensation Specialist II to join our team. In this role, you will assist in designing, implementing and maintaining compensation programs that help attract, retain and motivate talent. Your contributions will directly impact Shimadzu’s compensation policies, including variable compensation, promotion processes, COLA and annual pay raises. This position offers you the opportunity to work across departments, influencing compensation strategy while ensuring alignment with business goals.

 

JOB FUNCTIONS INCLUDE, BUT ARE NOT LIMITED TO:

• Develop and maintain competitive pay bands and structures for all roles, ensuring alignment with the company’s compensation strategy.
• Administer and update variable compensation plans, including commissions, bonuses, and incentives for various roles.
• Handle the calculation and processing of compensation on variable pay plans, ensuring accuracy and compliance.
• Participate in salary surveys and analyze external market data to ensure competitive compensation practices.
• Manage the COLA program by calculating adjustments for new hires, annual increases, and maintaining market competitiveness.
• Assist with the promotion process, including evaluating roles, approving promotions, and ensuring proper documentation and alignment with pay raises.
• Support the year-end bonus and pay increase processes, reviewing equity and ensuring accuracy.
• Collaborate with HR, payroll, and other departments to streamline compensation workflows and address employee inquiries.
• Assist with developing and updating compensation policies and procedures, ensuring consistency and fairness across the organization.

 

EDUCATION AND QUALIFICATIONS:

• Bachelor’s degree in a related field is required.
• Minimum of 3 years of experience in compensation, including knowledge of variable compensation plans and salary structures.
• Strong proficiency in Excel and experience with HR software (preferably UKG).
• Familiarity with compensation laws and regulations (federal, state, and local).
• Certification in Compensation (CCP) or HR-related certifications is preferred.
• Strong analytical, communication and organizational skills.

 

At Shimadzu Scientific