Compensation Consultant III
Responsible for
- Supports the annual compensation review
- Completes survey submissions
- Bonus modeling
- Salary increase budget analyses
- Consults on internal and external job offers
- Ensures accuracy of job-related data in HRIS
- Approves compensation adjustments and/or job changes
- Evaluates various roles
- Determines leveling, competitive value and ensures jobs are compliant with FLSA designations
- Reviews internal equity and prepares proposals to management on pay adjustments
- Designs and administers company-wide programs related to base pay, incentive pay, and long-term incentives
- Develops communication/educational materials and conducts training sessions
- Partners with business clients to support their business objectives
Essential Duties and Responsibilities
Supports the annual compensation review, completes survey submissions, bonus modeling, and salary increase budget analyses.
Consults on internal and external job offers to ensure starting pay is aligned with candidate competencies.
Ensures accuracy of job-related data in HRIS, approves compensation adjustments and/or job changes.
Evaluates various roles determining leveling, competitive value and ensures jobs are compliant with FLSA designations.
Reviews internal equity and prepares proposals to management on pay adjustments.
Designs and administers company-wide programs related to base pay, incentive pay, and long-term incentives.
Develops communication/educational materials and conducts training sessions.
PARTNERS WITH BUSINESS CLIENTS TO UNDERSTAND AND SUPPORT THEIR BUSINESS OBJECTIVES BY PROVIDING ANALYTICAL SUPPORT, CONSULTING, AND COMPENSATION ADVICE.
PERFORMS ALL OTHER DUTIES, AS ASSIGNED.
Supervisory and/or Leadership Responsibilities
None.
Knowledge, Skills and Abilities
- Intermediate knowledge of Microsoft office with advanced knowledge of excel
- Knowledge of Workday HRIS System preferred
- Intermediate to advanced knowledge of compensation principles including survey data, market analysis, merit budgeting
- Intermediate knowledge of short and long-term incentive plan design
- Skilled in identifying, analyzing, and resolving problems
- Skilled in establishing and maintaining good working relationships with business leaders
- Skilled in communicating effectively verbally and in writing
- Skilled in listening and understanding information verbally and in writing
Minimum Qualifications
- Bachelor’s degree or equivalent combination of related functional experience
- Minimum 5 years compensation experience preferably with some consulting experience
- Certified Compensation Professional (CCP) designation or similar certification preferred but not required
Physical Demands and Work Environment
The physical demands described here are representative of those that must be met to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
May be required to stand; reach with hands and arms, stoop and kneel.
May be required to sit for long periods of time.
May be required to lift, carry, push, pull or move up to 15 pounds.
Typically working within an office setting which may be noisy and distracting.
Diversity creates an innovative culture. TEL US is an Equal Employment Opportunity / Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
Subsidiary TOKYO ELECTRON U.S.HOLDINGS, INC.