Job Description
Lowe’s is able to offer remote employment of this position in the following states: AL, AR, AZ, CA(salaried roles only), CT, CO, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY.
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
Implements Lowe's compensation strategy so that outcomes meet current and future business needs and are consistent with Lowe’s desired internal and external market position
Develops a robust point of view on how to overcome challenges with streamlining programs or make them more efficient
Synthesizes higher level information into more practical terms to translate value from an Enterprise perspective
Design and implement compensation programs to meet objectives with regard to internal equity and external market competitiveness
Manages relationships with consultants and suppliers to ensure satisfactory standards of service
Ensures programs are implemented effectively, within established budgets and complies with all relevant regulations, laws and employment standards
Serves as a backup to Director roles and represents Lowe's at external conferences
Mentors junior team members by openly sharing information, advice, and expertise to solve business problems
Required Education and Experience
Bachelor's Degree in Business, Human Resources, Psychology, Accounting, Financial Planning and Analysis, or related field
6 years of experience in Compensation in a retail corporate environment. Excellent verbal and written communication skills. Experience dealing with confidential information. Experience training/mentoring individual team members.
Preferred Education and Experience
Master's Degree in Business, Human Resources, Accounting, or related field
7-8 years of experience working in a compensation environment. Knowledge of Lowe's stores and corporate processes. Certified Compensation Professional (CCP) designation. Experience managing others in a team environment.
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 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 and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
Pay Range for CA, CO, HI, NJ, NY, DC, IL, WA: $95,500.00 - $159,200.00 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.
Pay Range for CA, CO, HI, NJ, NY, DC, IL, or WA: $95,500.00 - $159,200.00 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 us/en/benefits.
Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. %{{advertiserId}}% %%{{category}}%%
Job Tags
Hourly pay, Full time, Local area,