Senior Consultant, Compensation - 518603

About the role

The Senior Consultant, Compensation role at TVA is seeking a highly customer-focused, process-oriented Compensation professional. The ideal candidate should have strong consulting and technical expertise in Compensation strategy and design, with experience supporting Union/Represented or Executive roles and relevant HR or Compensation certifications.

Responsibilities

• Consult on design and implementation of compensation strategy aimed at advancing the enterprise mission and business results to support an empowered, values-driven workplace culture.
• Understand customer needs and offer guidance and solutions to support the Compensation strategy.
• Ensure guidance and solutions are aligned to TVA’s total rewards strategy and enable the strategic priorities of the enterprise.
• Consult and advise HR partners and business leaders as they develop their people strategies, identifying opportunities for total reward programs to enable those strategies.
• Develop and execute strategies in support of the delivery and administration of M&S, Represented, and Executive compensation functions.
• Lead planning, communications, change management, and execution of business-facing projects and programs such as the year-end merit cycle, market-based equity adjustments, and market-based grade reviews.
• Advance stakeholder engagement and support, with a focus on tools, resources, education, and training for leaders, employees, and partners within HR.
• Monitor trends and patterns to identify knowledge gaps, system issues, and areas for improvement.
• Ensure effective governance and controls of all compensation programs in support of TVA’s SOX standards, GOES framework, and government laws and regulations.
• Analyze external market trends to inform decisions on enterprise compensation strategy.

Requirements

• Education: Bachelor's degree or equivalent education and work experience. Advanced degree preferred.
• Experience: 5+ years of related experience.

Qualifications

• Strong knowledge of compensation plan design, compliance, and principles is critical.
• Strong analytical and problem-solving skills are desired.
• Ability to work with confidential information and maintain confidentiality, work in a complex environment, with multiple decision makers, and participate as an effective member of a diverse team are necessary.
• Superior verbal and written communication skills and presentation skills are desired.
• Experience in designing, implementing and sustaining governance models is desired.