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Compensation Strategy Consultant

2 months ago

Berkeley, California, United States Brainy HR Solutions, LLLP Full time
Job Overview

Company Overview

Brainy HR Solutions, L.L.L.P. is a comprehensive HR consulting firm dedicated to providing strategic partnerships for both individuals and organizations. Our mission is to understand our clients' fundamental needs, utilizing diverse information sources to assist them in articulating their unique narratives and crafting a forward-looking vision. We pave the way for success by collaborating closely with our clients throughout their personal and organizational growth journeys.

Position Summary

We are seeking a skilled Compensation Consultant to become a vital part of our team.

Role Responsibilities

A Compensation Consultant is tasked with the design, implementation, and management of an organization's compensation frameworks. This position requires analyzing salary structures, performing market research, and ensuring that the organization's compensation practices are aligned with its strategic objectives while remaining competitive within the industry.

Key Duties Include:

  1. Salary Evaluation: Conducting market assessments to benchmark salaries and benefits against industry standards.
  2. Program Design: Developing and revising compensation policies and structures to attract and retain top talent.
  3. Regulatory Compliance: Ensuring adherence to legal and regulatory requirements related to compensation and reporting.
  4. Collaboration: Partnering with HR and management to formulate compensation strategies that align with overarching business goals.
  5. Reporting: Creating reports and presentations to convey compensation strategies and outcomes to stakeholders.
  6. Employee Support: Addressing employee inquiries regarding compensation and resolving related issues.

Candidate Profile

The ideal candidate will typically have a background in human resources, finance, or a related discipline, complemented by strong analytical, communication, and organizational skills. Familiarity with compensation software and tools is also advantageous.

Educational Qualifications:

  • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
  • A Master's degree or CCP (Certified Compensation Professional) is a plus.

Experience Requirements:

  • 5-7 years of direct experience in compensation analysis and structural design.
  • Proven experience in developing and managing compensation programs from inception to completion.
  • Hands-on experience with compensation software and tools.

Essential Skills:

  • Strong analytical capabilities with the ability to interpret data and provide informed recommendations.
  • Thorough understanding of compensation structures, market trends, and regulatory compliance.
  • Proficiency in Excel and other data analysis tools; experience with HRIS systems is essential.
  • Excellent communication and interpersonal skills for effective collaboration with stakeholders.
  • Ability to work independently and manage multiple projects concurrently.

Additional Attributes:

  • Meticulous attention to detail and a commitment to accuracy in reporting and analysis.
  • Ability to handle sensitive information with discretion.
  • Strong problem-solving skills and a strategic mindset.

Opportunity Type: Consultant responsible for own taxes
Engagement Duration: 3-6 months (potential for full-time employment based on performance)
Hourly Rate: $45 per hour (non-negotiable)
Work Authorization: Must be authorized to work in the United States; Employment Sponsorship not available.