Principal Compensation Consultant
About the role
Our world is transforming, and PTC is leading the way. Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business. Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow – all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.
Location: Boston office – hybrid. Reporting to SVP, Total Rewards. We are seeking a Principal Compensation Consultant to serve as the primary compensation advisor for assigned executive stakeholder groups. This role will lead the design, implementation, and governance of compensation programs that support business objectives, talent strategy, market competitiveness, internal equity, and pay-for-performance principles across a global workforce.
Responsibilities
- Primary compensation consultant, serving as trusted advisor and thought partner for IT, Marketing, Corporate Strategy, Velocity Business Unit, Finance, Legal, and HR.
- Advise leaders on compensation decisions related to hiring, promotions, annual comp cycle increases, transfers, retention, reorganizations, and workforce planning.
- Evaluate compensation-related issues and recommend solutions that balance market competitiveness, internal equity, pay-for-performance principles, and budget considerations.
- Lead complex compensation projects with cross-functional stakeholders including the annual cycle and Workday compensation related set up and testing.
- Partner closely with the Workday HRIS/IT teams on compensation related configuration and cycle execution.
- Develop market ranges globally using Salary.com’s Comp Analyst tool. Assist with survey participation, benchmark matching, and analysis of external labor market trends.
- Analyze compensation data and prepare insights and recommendations for leaders and executive audiences.
- Partner with Finance and HR leadership to model compensation costs and forecast program impacts to support strategic workforce decisions.
- Ensure compensation programs comply with applicable laws and regulations, including pay transparency, equal pay, and other compensation-related requirements.
Qualifications
- Bachelor's degree in HR, Business, Finance, Economics, or related field.
- 8+ years of progressive compensation experience, including experience consulting with senior business leaders.
- Advanced proficiency in Excel.
- Experience with Workday compensation module.
- Deep knowledge of global compensation program design, market pricing, salary structures, incentive plans, and compensation governance within the technology industry.
- Experience with the Radford market survey platform.
- Strong analytical and quantitative skills with the ability to interpret complex data and develop recommendations.
- Excellent communication, presentation, and stakeholder management skills.
Pay
The anticipated annual salary range for this position is between $131,750- $178,250. The salary range reflects a good-faith estimate of compensation at the time of posting. Actual compensation may vary based on a candidate's skills, qualifications, experience, and location. Additionally, candidates may be eligible for a performance-based bonus.
Benefits
Employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP), which allows for the purchase of discounted PTC stock. Certain roles may also be eligible for participation in our equity programs. Employees may be eligible for medical, dental and vision insurance, paid time off and sick leave, tuition reimbursement, 401(k) contributions and employer match, flexible spending accounts, life insurance, disability coverage and, if you are an office-assigned employee, a generous commuter subsidy.