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Compensation Consultant
2 months ago
We are seeking a highly skilled Compensation Consultant to join our team at US Tech Solutions. As a key member of our compensation team, you will play a critical role in optimizing our annual market analysis process and implementing a new system to support our end-to-end process.
Key Responsibilities- Lead the creation of an Annual Market Analysis project plan to implement a new system
- Drive the RFP process for vendor selection within the Compensation team
- Lead the design of a go-forward solution utilizing the new system, including compensation structures, tools, and processes
- Lead the build and implementation of the new solution
- Complete a project assignment for one or more ex-U.S. countries, including:
- Providing a recommendation for salary range assignments based on guiding principles (market 50th, job family progression, etc.)
- Analyzing the gap for our current range assignments
- Providing a recommendation for how/when to implement a solution, including budget impact and change management
- Conduct complex modeling and costing for compensation programs
- Lead the development of annual salary budget proposals by country
- Manage the aging and refresh process for global salary range structures
- Manage and facilitate the annual salary range job assignment process, including developing supporting tools and process, consolidating input from the broader team, and auditing results
- Develop our annual merit matrix based on performance and position in range, subject to salary budgets
- Partner with Finance to ensure appropriate forecasting and planning for various compensation program costs
- Lead or participate in a broad range of ad hoc projects
- Demonstrated expertise with market pricing/compensation survey management tools
- Demonstrated background in data analysis and cost modeling
- Able to drive projects to completion with minimal direction
- Build strong justification to support recommendations and effectively communicate with decision-makers
- Excellent problem-solving, written, and verbal communication skills
- Highly detail-oriented with a focus on data accuracy and integrity
- Strong time management and organizational skills
- Team player who can easily handle shifting priorities, multi-tasking in a fast-paced environment
- Motivated and willing to take initiative
- Senior Manager to Director level experience
- Excellent knowledge of MS Office; advanced Excel skills
- Ability to handle sensitive data in a confidential manner
- Experience working in a global organization with 5,000 or more employees
- Biopharmaceutical or Pharmaceutical industry experience
- Working knowledge of Excel VBA, macros, advanced formulas
- Experience working with Sharepoint and Microsoft Teams
- CCP/GRP certification or course completion desired