Compensation Consultant, Specialist

Job description

Consults business leaders on the organization's compensation strategies programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Links external best practices to internal compensation processes. Core Responsibilities: - Acts as a lead compensation expert to advise divisional senior management on aligning the pay programs, policies and procedures with organizational goals. Implements creative solutions to specific compensation-related programs. - Ensures the effectiveness of existing compensation practices and regulations compliance, recommending timely revisions when needed, and keeping senior managers informed of any updated policies. - Oversees the data within the HRIS to ensure the accuracy of compensation information including merit and incentive calculations, approvals for award payments, and payment records. - Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay strategies and implementation based on findings. Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies. - Coaches and contributes to the d...