Senior Compensation Consultant

About the role

This position is responsible for partnering with prospective and existing clients' executive leadership teams to educate, explore and evaluate compensation programs and practices and their application to a specific client's business. This position consults and collaborates with a client's executive leadership on the development or revision of the company's compensation strategy and initiatives in support of their business goals and objectives.

Responsibilities

• Supports clients' compensation strategies and initiatives including evaluation of existing pay programs; identification of client’s key business goals; objectives and performance indicators; development of compensation philosophy and alignment with compensation strategy; development of performance, reward and incentive systems; design of commission and sales incentive plans; design of bonus programs, including spot, sign-on, referral and retention bonus programs; development of compensation philosophy statements; support with allocating and implementing merit pay program; conducting pay equity analyses.
• Serves as the expert resource to client management in the development of any of an array of compensation programs.
• Stays current with all relevant compensation and total rewards trends, news and research and applies such knowledge by advising clients on current trends and best practices and how to incorporate this information into their pay programs and decisions.
• Serves as a subject matter expert providing technical advice and counsel to internal departments, Sales/BPAs, service providers, and clients on a variety of employee pay and rewards issues to include relevant marketplace trends and developments.
• Advises clients on the design and implementation of employee pay and rewards program solutions that link closely to the client organization’s performance management processes and business objectives.
• Leads extensive research on each client company, industry, and specific compensation request to provide holistic guidance to each client and develop compensation solutions that meets their business needs.
• Works both independently and as a collaborative compensation services team member to create and develop tailored or customized compensation services to meet the needs of clients and prospects.
• Develops internal resources (i.e., tools, templates, techniques) to enable Insperity client service providers to support clients in addressing compensation issues as needed.
• Prepares instructional materials, resources and tools and presents educational sessions to field service partners and clients on compensation service trends, offerings and issues.
• Manages and conducts detailed client-information gathering functions, data analysis and report preparation.
• Maintains knowledge of applicable federal, state and local compensation laws and regulations.
• Serves as a liaison with other Insperity departments (HR COE, DEI Services, EEO Services, Marketing, Legal, etc.) on projects as needed.
• Contributes to the development of staff resources through coaching, mentoring, and/or supervising as well as emulating leadership behavior.

Requirements

• Bachelor’s Degree in Business Administration or a related field is required. Master’s Degree with concentration in business is preferred.
• Seven or more years of experience in the compensation field is required.
• One year of Insperity compensation consulting experience is required.
• Certified Compensation Professional (CCP) is preferred.

Qualifications

• Travel: Yes, up to 20% of time

Skills

• Compensation Consulting
• Client Relationship Management
• Market Research
• Strategic Planning
• Performance Management
• Pay Equity Analysis
• Compensation Philosophy Development
• Compensation Program Design
• Compensation Program Implementation

Benefits

Insperity provides a comprehensive benefits package that includes:

• Generous Paid Time Off
• Top-tier Medical, Dental and Vision Benefits
• Health & Wellness Support
• Paid Volunteer Hours

Pay

CA: $97,460 - $110,935

Schedule

Full-time, Monday-Friday, 8:00 AM - 5:00 PM