Compensation Consultant

Do you have deep compensation consulting expertise working across many industries?

Compensation Works’ is growing!  We are looking for creative people who love the value of a flexible work arrangement, exciting project work, and care about making a difference in our clients’ businesses.  We are a team who feels strongly about entrepreneurship, innovation, and doing the right thing for our clients – oh, and we’re also fun to work with!

We currently have an opening for a part-time Compensation Consultant to work with us on client projects.  This position has a flexible work schedule and the freedom to work remotely.

Responsibilities:
Provide support in the design, development, administration, and training related to client compensation programs. Client compensation programs may include base pay, incentive plans, sales compensation plans, executive compensation plans, equity programs, performance management plans, career ladders, job families, job descriptions, competencies, salary surveys, FLSA compliance, and related programs.

Design and implement base pay plans, including job family structures, pay structures, pay administration guidelines, and linking pay to performance.

Assist with the design and implementation of short-term incentive pay plans, including using data to recommend targets and pay mix and modeling plan design to determine cost and employee impact.

Work closely with Senior Consultants and Project Managers to advise clients on the advantages and disadvantages of different compensation plan approaches.

Develop robust tools that can be leveraged for multiple projects, such as costing models, market analysis tools, presentations, and training.

Assist in business development and marketing activities from time to time, as requested.

Participate in client meetings (virtual/online) from time to time, as requested.

Please note:  August through December work hours will typically be heavy due to the annual compensation cycle of our clients’ businesses.

Required Qualifications:

• A minimum of 6 years of experience in administering and design of base pay programs as well as incentive plan design and implementation
• A bachelor’s degree in Business, Human Resources, Finance, or another field that uses quantitative analysis
• Robust experience with using salary surveys
• Practical knowledge of the implications of government regulatory guidelines on compensation programs
• Advanced Excel skills including v-lookups, pivot tables, development of charts and graphs to support recommendations
• Strong analytical, quantitative, research, planning, problem-solving, decision-making, and technical skills
• Demonstrated experience in analyzing data to make recommendations
• Exceptional accuracy and attention to detail
• Must have excellent customer service and verbal/written communication skills
• Possesses a learning and growth mindset
• Self-starter.  Can work independently and collaboratively in a virtual environment, and entrepreneurial; enjoys creating and implementing new initiatives.

Preferred Qualifications:

• Data orientation including experience building models and forecasts
• Project management experience
• Professional certification (PHR, CCP)
• PayFactors experience