Compensation Partner
About the role
The primary responsibility of the compensation group includes the preparation of company-wide and business unit compensation modeling and analyses, design/structure of broad-based pay programs, competitive benchmarking including data collection and analysis, managing vendors and external consultants, preparation of exhibits for senior management, managing annual bonus and merit planning process, preparing base salary budgets and analytics, and collaborating with HR Business partners to support their business' compensation needs.
Responsibilities
- Detect and analyze pay and performance trends, present findings to senior HR and business leaders
- Consult with HR Partners and senior business managers on pay decisions and related challenges
- Serve as an advocate of compensation philosophy and HR Partners and recruiters on how to apply to their businesses
- Study market trends; report findings and recommendations to team
- Support the annual merit, bonus, and equity allocation processes which include assisting in the allocation of funding, defining, and delivering training to users, and reviewing salary increase recommendations against guidelines to highlight discrepancies
- Continuously improve through development of tools and streamlining processes to increase efficiency of compensation planning efforts, analytics
- Aid in analysis of sales compensation plans and strategic plan design innovations
Requirements
- Bachelor’s degree preferred
- 4+ years of relevant work experience
- Previous experience in a consultative compensation role with an analytical basis
- Proficiency in communicating complicated concepts to a broad audience
- Advanced Microsoft Excel skills (e.g., ability to write complex dynamic formulas, charts, and dashboards)
- Proficient in Microsoft PowerPoint
- Ability to maintain discretion with extremely confidential information
- Ability to build trust-based relationships with HR Partners and management
- Strong organizational, analytical, and written communication skills
- Ability to build a story with data to support business decisions and recommendations
Qualifications
- Must be able to maintain discretion with extremely confidential information
- Must be able to build trust-based relationships with HR Partners and management
- Must be able to communicate complicated concepts to a broad audience
- Must be proficient in Microsoft Excel and PowerPoint
- Must have strong organizational, analytical, and written communication skills
- Must be able to build a story with data to support business decisions and recommendations
Skills
- Compensation consulting experience
- Market research and analysis
- Compensation modeling and analysis
- Competitive benchmarking
- Microsoft Excel proficiency
- Microsoft PowerPoint proficiency
- Strategic planning and implementation
- Collaboration and teamwork
- Leadership and mentorship
Benefits
- Unlimited growth potential
- Exceptional compensation and benefits
- Opportunities for innovation and challenging the status quo
- Access to industry-leading training and development
- Performance-based recognition and rewards
Pay
A reasonable estimate of the base salary range for this role is 86,000 USD - 118,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location.
Schedule
Our hybrid work environment allows for flexibility, with the option to work virtually when productive, and to gather with colleagues in a vibrant community that is purposeful, engaging, and inspiring.