Description Summary: The Compensation Specialist is responsible for supporting the design, development, implementation and administration of the company’s compensation programs. This position will help ensure compensation practices are competitive, equitable, performance-driven, and aligned with the company’s business objectives. Requirements Essential Duties: • Develop, maintain, and regularly evaluate company salary ranges, pay grades, job levels, and compensation structures. • Conduct market pricing and compensation benchmarking to evaluate the competitiveness of company positions. • Review new and existing positions to recommend appropriate salary ranges and compensation levels. • Analyze internal pay relationships and identify potential compression, equity, or market competitiveness concerns. • Provide compensation recommendations for new hires, promotions, transfers, adjustments, and retention situations. • Create and maintain the company’s Job architecture. • Maintain accurate compensation data and documentation. • Coordinate and administer the company's compensation and merit increase process. • Prepare compensation worksheets, reports, budgets, and recommendations for leadership review. • Partner with Executives and HR leadership to ensure increases are consistent with performance, internal equity, market conditions, and approved budgets. • Maintain documentation of compensation decisions and changes. • Manage the annual incentive plan process, including employee eligibility, target incentive percentages, performance measures, calculations, approvals, and payout reporting. • Track incentive plan participation and maintain accurate historical records. • Assist with developing or revising incentive programs as business needs evolve. • Develop compensation reports and dashboards for HR and executive leadership. • Perform modeling related to merit budgets, salary adjustments, bonuses, AIP payouts, and proposed compensation changes. • Partner with Finance to evaluate the financial impact of compensation programs and proposed adjustments. • Maintain confidentiality of employee compensation and sensitive company information. • Ensure compensation practices comply with applicable federal and state wage and hour requirements. • Support FLSA classification reviews and compensation-related audits. • Monitor compensation trends and recommend changes to company practices when appropriate. Education: • Bachelor’s degree in Human Resources, Business Administration, Finance, Accounting, or a related field. • CCP (Certified Compensation Professional) certification is preferred. Experience: • Experience in the real estate development industry preferred. • Minimum of 5 years of experience in compensation, total rewards, HR analytics, finance, or a related HR function preferred. • Experience administering salary structures, merit increases, bonuses, or incentive compensation programs strongly preferred. • Strong analytical skills with the ability to interpret compensation and financial data. • Advanced proficiency in Microsoft Excel, including formulas, lookups, pivot tables, and data analysis. • Experience with HRIS systems is preferred. • Knowledge of compensation principles, market benchmarking, internal equity, and FLSA requirements. Location: Killam Development., Ltd is located Laredo, Texas; this is an in office position based at our office in Laredo, all applicants will be required to relocate, if necessary. Skills: Must have the following skills and/or abilities: • Working knowledge of federal and state employment laws and HR best practices. • Strong employee relations and problem-solving skills. • Excellent interpersonal, written, and verbal communication skills. • Ability to maintain confidentiality and exercise sound judgment. • Strong organizational skills with the ability to manage multiple priorities and deadlines. • Ability to work independently while collaborating effectively with employees and leadership. • Proficiency with Microsoft Office and HRIS systems. • Professional, approachable, and service-oriented demeanor. • Ability to adapt to changing business needs in a fast-paced environment. Licenses/Certifications: Must have a current valid driver’s license and a satisfactory driving record. Physical Requirements: Must be able to perform the following physical activity on a frequent to constant basis: • Sit for long periods of time. • Lift 10–20 lbs. of files, plans, office supplies, or similar items. • Constantly uses fingers and hands when dialing/answering the telephone and operating a computer or other office machinery, such as a copy machine, scanner, and computer printer. • Ability to hear average or normal conversations and receive ordinary information through verbal communications in person or detect objects in and around job site over the telephone. • Average, ordinary visual acuity is necessary to prepare or inspect documents; operate a computer or other office machinery; or. • Walk short distances on slippery, even, and/or uneven surfaces. • Stand, bend, stoop, kneel, crouch, twist, turn, or crawl. Working Conditions: • Majority of work is performed in an office atmosphere located inside a building with no hazardous or significantly unpleasant conditions. • May require infrequent job site visits involve performing work in outdoor weather conditions with exposure to extreme cold, heat, and noise depending upon project site. • May travel during the workday. Other Requirements: Must be able to: • Adhere to the highest standards of ethics, integrity, professionalism, and discretion. • Project a courteous, professional and positive approach with clients, subcontractors, employees, and authorizing agencies while providing prompt, efficient, and accurate assistance. • Follow and exchange basic instructions, information, and guidelines. • Make decisions based on experience or knowledge with minimal supervision. • Participate in training and development opportunities offered to maintain related software and safety knowledge. • Adhere to and perform functions according to company and OSHA safety guidelines. • Maintain regular, timely, and predictable attendance. • Represent the company in a professional manner to callers and visitors.