Note: The job is a remote job and is open to candidates in USA. Insperity provides scalable human resources solutions and services to businesses across the United States. The Senior Compensation Consultant partners with client executive leadership teams to evaluate, develop, and implement compensation strategies, pay programs, incentive plans, and pay equity analyses. The role also serves as a senior subject matter expert, mentors team members, conducts research and data analysis, and advises internal and external stakeholders on compensation practices.
Responsibilities
- Provides in-depth, comprehensive, and strategic support and consultative services to Insperity clients, prospects, and Insperity client service providers on compensation strategies, plans and programs pertaining to base and variable pay. Gains a detailed understanding of each client’s unique business goals, objectives, constraints, and outcomes related to historical compensation practices, leveraging this in-depth understanding to be able to provide expert compensation guidance, education and support for clients’ leadership in concert with detailed research and immersive consultation with clients’ leadership, develops recommendations on appropriate compensation strategies that support each client’s goals, objective and compensation philosophy
- Consults with multiple clients at any given time, which requires the ability to fully immerse with several unique clients each day, gaining full understanding of their business, goals, objectives, constraints and outcomes to develop applicable pay programs tailored to each specific client’s needs. Each client engagement requires starting with a blank slate, conducting comprehensive research on the client’s business and background, and establishing a trusting, collaborative and consultative partnership to support the client. This process may be repeated many times each day with each new client request. Consultants may have work in progress with dozens of unique clients at any point in time
- Serves as the expert resource to client management in the development of any of an array of compensation programs, including, but not limited to: 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
- 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. This may involve the research and collection of data from several systems, including Insperity’s CRM, historical client information from payroll and HR service providers and other internal HR providers such as EEO or the DEI Services team. Data analysis and report preparation is specific to each compensation program offering, but may entail areas such as pay equity analyses processes, incorporating market analyses research, etc
- 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
Skills
- Bachelor's Degree in Business Administration or a related field is required
- Seven or more years of experience in the compensation field is required
- One year of Insperity compensation consulting experience is required
- CCP is required
- Travels: Yes, up to 20% of time
- Master's Degree with concentration in business is preferred
- Certified Compensation Professional (CCP) is preferred
Benefits
- Remote work flexibility
- Continuous learning programs
- Mentorship opportunities
- Ongoing training
- Generous paid time off
- Medical benefits
- Dental benefits
- Vision benefits
- Health and wellness support
- Paid volunteer hours
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