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Compensation Consultant
2 months ago
The Compensation Consultant will analyze, employment structure, compensation program, and performance incentive for the organization. The Compensation Consultant will be an independent expert to provide an excellent rewards and compensation experience.
This position will provide expertise in compensation administration and will work collaboratively with other HR subject matter experts to provide a more streamlined process for an increased HR customer experience.
The Compensation Consultant will also identify opportunities for process improvement, attend trainings, and support special projects in support of HR Services Leadership.
Responsibilities:
Analyze, design and administer the organization's compensation program.
Monitors the effectiveness of existing compensation policies, guidelines and procedures recommending plan revision as well as new plans that are cost-effective and consistent with compensation trends and corporate objectives; coordinates implementation and provides guidance to corporate staff.
Provides advice on pay decisions, policy and guideline interpretation, and job evaluation, including the design of creative solutions to specific compensation-related programs.
Administration of direct compensation (executive, exempt and nonexempt cash compensation programs) for staff, recording and reporting of compensation-related actionsDevelops techniques for compiling, preparing and presenting data.
Supervises the participation in, conducts and/or purchases exempt and nonexempt salary surveys to ensure corporate compensation objectives are achieved.
Keeps apprised of federal, state and local compensation laws and regulations to ensure company compliance.
Assist Managers to create new job description and ascribe Licensure and Education requirements appropriately.
Create and edit pay ranges and conduct salary surveys to determine market competitiveness.
Create Personnel Action Forms for compensation related changes.
Assist Managers to create career ladders and oversee promotions.
Requirements
At least Five (5) years of related work experience.
Highly proficient in MS Word, Excel, Outlook, and CRM systems.
Excellent customer service skills and ability to complete projects timely and with high quality.
Ability to manage multiple projects, prioritize as necessary and leverage resources throughout the organization.
Exceptional problem solving, written, and verbal communication skills.
Education
Bachelor's degree in a work-related discipline/field from an accredited college or university.
Benefits
Medical, Dental, and Vision
Compensation
$90K - $95K/yrly