Compensation Specialist

Ferrero
Parsippany, NJ

We have a current opening for a Compensation Specialist and are actively reviewing applications.


The Compensation Specialist on our North America Rewards team plays a key role in creating policies that attract, retain, and motivate talent while maintaining Ferrero’s core values. The role will be responsible for helping to lead the year-end salary review process, bonus accruals, internal job evaluations, answering stakeholder inquiries, ad hoc data analysis, ensuring data accuracy and supporting various rewards projects and initiatives.

• Assist in the annual merit and bonus planning process, ensuring data is complete and accurate
• Participate in stakeholder training and communication planning; ensure Group processes and timelines are followed
• Identify and recommend opportunities for improvements to existing systems and processes
• Support HR partners with necessary data and guidance to support attraction and retention of talent during employee life-cycle, including pay decisions
• Provide support to HR Partners on compensation programs inclusive of talent relocation and expat terms
• Conduct research on legislative and regulatory governance best practices to advance Ferrero’s competitive advantage
• Participate in salary surveys and provide analysis to improve Ferrero’s competitive position
• Create, organize and maintain reports to audit data within HRIS systems
• Conduct data audits and support data integrity processes to ensure data accuracy across HRIS and all compensation systems

• Bachelor's Degree preferred
• 2 - 4 years’ experience
• Previous SAP and/or Success Factors experience is preferred
• Proficient Microsoft Office Suite; high level utility of Microsoft Excel and Power Point required
• Ability to effectively read, analyze and interpret information, summarize and present data to leadership

Careers with caring built in - discover our benefits here .

The base salary range for this position is $84,600 - $112,800. Actual compensation will be determined based on experience, qualifications, and other job-related factors permitted by law. This range represents the anticipated salary for this position at this time.

In addition to base salary, we offer a comprehensive benefits package, including health insurance, retirement plans, paid time off, and other benefits.

Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with many iconic brands sold in countries all over the world. Find out more about Ferrero at .

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative, and highly rewarding.
Find out more .

Ferrero is an equal opportunity employer and complies with all applicable human rights laws. Ferrero will recruit, hire, train, and promote all persons without regard to race, creed, color, sex (including pregnancy, gender, sexual orientation, and gender identity), religion, national origin or ancestry, age, disability, or history of disability (except where physical or mental abilities are a bona fide occupational requirement and the individual is not able to perform the essential functions of the position even with reasonable accommodations), citizenship, or any other protected characteristic.

Ferrero will accommodate the needs of applicants with disabilities throughout all stages of the selection process. If you need accommodation during the recruitment process, please advise the People & Organization (HR) Representative. Information relating to the need for accommodation and accommodation measures will be addressed confidentially.

Posted 2026-03-10

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