Compensation Consultant (part-time) - Alera Group
Deerfield, IL
About the Job
OVERVIEW
Compensation Works, a division of Alera Group, Inc. is growing! We currently have an opening for a remote, Part-Time Compensation Consultant to work as a direct client resource.
About Us
At Compensation Works, an Alera Group Company, we are at the forefront of redefining the compensation consulting landscape. Our mission is to empower organizations by ensuring their compensation structures are not only competitive but also equitable, fostering a culture of appreciation and mutual respect. With a team passionately dedicated to innovation and excellence, we pride ourselves on delivering bespoke compensation consulting services that align with our clients' unique needs and values. Our journey is characterized by a relentless pursuit of excellence, a deep understanding of the intricacies of compensation, and a commitment to providing solutions that drive organizational success.
RESPONSIBILITIES
We're looking for a Compensation Consultant who can do more than just manage pay programs. The ideal candidate will be a strategic problem solver, capable of aligning compensation strategies with business objectives and navigating the complexities of legal and regulatory requirements.
What You'll Do:
NOTE: When not on assignment, this position will work on similar projects and deliverables with our project division.
QUALIFICATIONS
What You'll Bring:
Compensation Works, a division of Alera Group, Inc. is growing! We currently have an opening for a remote, Part-Time Compensation Consultant to work as a direct client resource.
About Us
At Compensation Works, an Alera Group Company, we are at the forefront of redefining the compensation consulting landscape. Our mission is to empower organizations by ensuring their compensation structures are not only competitive but also equitable, fostering a culture of appreciation and mutual respect. With a team passionately dedicated to innovation and excellence, we pride ourselves on delivering bespoke compensation consulting services that align with our clients' unique needs and values. Our journey is characterized by a relentless pursuit of excellence, a deep understanding of the intricacies of compensation, and a commitment to providing solutions that drive organizational success.
RESPONSIBILITIES
We're looking for a Compensation Consultant who can do more than just manage pay programs. The ideal candidate will be a strategic problem solver, capable of aligning compensation strategies with business objectives and navigating the complexities of legal and regulatory requirements.
What You'll Do:
- Conduct job evaluations using established systems, establish job grade assignments, establish FLSA status, maintain accurate job descriptions, and participate in assigned salary surveys
- Assist in developing and administering short-term and long-term incentive plans, including bonuses, commissions, and equity plans.
- Ensure effective management and maintenance of current plans, systems, and tools, including but not limited to maintaining the company's salary grades and job classification structures within HR systems and tools and analyzing pay practices, ensuring timeliness, accuracy, and compliance with all applicable legal standards.
- Lead compensation-related projects, including annual compensation reviews and special compensation initiatives.
- Provide guidance to the business and develop methodological solutions on various total compensation issues, including setting appropriate pay levels, base pay, annual incentive pay, and other rewards.
- Assist with the design of compensation programs and implement and continuously improve compensation programs and processes that are a vehicle to attract, motivate, and retain highly productive employees.
- Identify key compensation trends, issues, and opportunities, offer alternatives, and recommend action plans to assigned clients, management, or executives that support the organizations philosophy.
- Partner closely with other HR expert teams on design, policy development, guidelines, and implementation of crucial compensation programs.
- Provide strategic consulting on compensation plans and programs that support business goals. Actively participate in the rollout of company-wide HR initiatives and programs.
NOTE: When not on assignment, this position will work on similar projects and deliverables with our project division.
QUALIFICATIONS
What You'll Bring:
- A bachelor's degree in Business Administration, Human Resources, Finance, or another field that uses quantitative analysis or four years of relevant work experience.
- A minimum of 7 years of progressive experience in managing, designing, and implementing pay programs.
- Strong understanding of compensation principles, legal compliance, and global compensation practices.
- Ability to take the initiative and manage multiple projects successfully in a fast-paced and changing environment.
- Demonstrated ability to consult effectively with all management levels, including executives, the ability to influence others without direct position power, and to earn credibility and client trust. Demonstrated skill and effectiveness as a relationship builder and internal consultant.
- Close attention to detail, strong organization skills, and meticulous, analytical capability.
- Practical knowledge of the implications of government regulatory guidelines on compensation programs.
- Advanced PowerPoint and Excel skills, including v-lookups, pivot tables, and the development of charts and graphs to support recommendations.
- Proficiency in HRIS (e.g., Workday, SAP SuccessFactors, Oracle HCM), compensation management software (e.g., PayScale, CompAnalyst), and data analysis tools (e.g., Tableau, Power BI).
- Intense research, planning, problem-solving, decision-making, and technical skills.
- Must have excellent customer servic
Source : Alera Group