Sr Compensation Partner - Enabling Functions

Key Responsibilities

• Provide expert advice and creative consultation on compensation matters to HRBPs and business leaders to support organizational change and growth.
• Includes job and pay structure creation and modifications, benchmarking, and developing competitive compensation packages.
• Manage and analyze market data to ensure compensation practices are competitive and aligned with industry standards.
• Conduct regular market reviews and provide insights to support compensation decisions.
• Oversee the execution of compensation programs, including annual compensation cycles and salary survey management.
• Ensure programs are managed effectively and align with company philosophy, policies and guidelines.
• Develop and deliver training sessions for HRBPs and managers on compensation practices, tools, and processes.
• Communicate current and trending compensation topics to relevant stakeholders.
• Utilize data analytics to provide insights and recommendations on compensation practices.
• Prepare reports and presentations for senior leadership to support decision-making.
• Lead and participate in compensation-related projects, including mergers and acquisitions, re-organizations, and special compensation initiatives.
• Ensure projects are completed on time and within budget.
• Stay informed and adaptable to changes in technology, particularly in the areas of Generative AI and automation.
• Leverage these technologies to drive efficiency and innovation in compensation practices.

Qualifications

• Bachelor's degree in Human Resources, Business Administration, or a related field.
• Advanced degree or professional certification (e.g., CCP) is preferred.
• Minimum of 5+ years of experience in compensation, with a strong understanding of compensation principles, practices, and regulations.
• Proven experience in market data analysis, benchmarking, and developing compensation strategies.
• Strong analytical skills and the ability to interpret complex data and provide actionable insights.
• Excellent communication and presentation skills, with the ability to effectively convey compensation concepts to diverse audiences.
• Strong project management skills, with the ability to lead and manage multiple projects simultaneously.
• Proficiency in compensation tools and software, such as Workday and Excel.
• Ability to work collaboratively with HRBPs, business leaders, and other stakeholders to achieve common goals.
• High level of integrity and confidentiality in handling sensitive compensation information.

Additional Information

• This role can have a Hybrid or Remote work schedule.
• Candidates who live near one of our locations will have the expectation of working in an office 3 days a week (Tuesday through Thursday).
• Candidate who do not live near an office will have a remote work schedule with the expectation of coming into office as business needs arise.
• The ideal candidate will be located in Hartford, CT.
• Compensation The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role.
• The annualized base pay range for this role is: $108,800 - $163,200.
• Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age