Senior Compensation Consultant – Executive Compensation

Role Overview

• Independently develops, installs, and administers compensation programs designed to maintain the enterprise's competitive position
• Evaluates hourly, salaried, and management positions and assists with the administration of the annual performance assessment process
• Annually reviews the organization's salary structures and provides bargaining unit agreement compensation administration
• Supports annual executive compensation programs including market studies, incentive program calculation, design and maintenance
• Develops and maintains executive documentation including program documents, employment agreements, and executive level communications
• Develops complex modeling supporting executive compensation program design and budgeting
• Administers active and frozen non-qualified 457(f) deferred compensation plans
• Supports ad hoc executive compensation projects including but not limited to 990’s, excise tax, audits and regulatory changes
• Partners with internal HR stakeholders and enterprise management to address compensation related issues
• Acts as a Subject Matter Expert for internal compensation applications and analyses
• Performs complex analyses, independently completes special projects and presentations
• Performs full-cycle, large-scale compensation projects to build a cohesive, equitable and aligned compensation management system
• Develop new salary scales to suit needs (recruitment, retention, or both) of departments
• Prioritizes assignments, budgetary impacts, and execution of enterprise pay programs
• Reviews requests for employee job changes (promotions, equity, demotions)
• Recommends appropriate pay considerations based on employee experience, internal equity, and market data benchmarks
• Responsible for the creation, maintenance, and review process of special pay policies and related programs
• Participates in salary surveys and analyzes market related adjustments to maintain competitive salary positioning
• Administers grade, step, rate changes and incentive programs for bargaining unit positions
• Administers HR compensation policies/procedures
• Advises HR Business Partners (HRBP) and department managers of FLSA regulations
• Determines appropriate Fair Labor Standards designations of job descriptions based on provided content
• Maintains internal job hierarchy by completing job description analysis

Requirements

• Bachelor’s Degree in business, human resources or related field
• 5 years compensation or closely related HR experience
• Ability to work independently with management level staff
• Demonstrates flexibility in accommodating customer needs
• Knowledge of HR applications
• Strong proficiency in data analysis
• Advanced proficiency Microsoft Office applications including Excel, Word, Power Point, and Access
• 2 Years of Executive Compensation Experience (Preferred)
• Ability to effectively communicate with and present to third party vendors and executive level management (Preferred)
• Ability to consistently manage multiple priorities and deadlines (Preferred)
• High level of discretion, maturity, and professionalism in handling confidential information (Preferred)
• Master’s Degree in business, human resources or other analytical discipline (Preferred)
• 2 years prior healthcare experience (Preferred)
• Strong consultative skills to influence and guide HR partners, and leadership on compensation deliverables and decisions (Preferred)
• Deep understanding of compensation structures, market pricing, pay equity, and strategy (Preferred)
• Advanced knowledge of HR applications (Preferred)
• Utilizes expert level proficiency in data analysis (Preferred)
• Advanced proficiency Microsoft Office applications including Excel, Word, Power Point, and Access (Preferred)
• CP
• Certified Professional
• Society for Human Resource Management or PHR
• Professional in Human Resources
• HR Certification Institute (Preferred)

Benefits

• Health insurance
• 401(k) retirement plans
• Paid time off
• Professional development opportunities
• Flexible work arrangements