Job details
Job type full-time
Full job description
Responsibilities:
As a senior compensation consultant, you’ll provide expert compensation consulting to our marketing, finance, and risk functions.
How you`ll spend your day to day:
Analyze industry information to ensure compensation programs are market competitiveProactively consult with business unit representatives and hr partners on compensation matters including competitive positioning and responsiveness to external influences such as industry trends and fluctuations in job market pricingEnsure all federal and state laws concerning wage and salary programs are met.
Consult on all facets of compensation including job design and usage, job offers, salary and annual incentive administration, attraction/retention strategies, recognition, and equity programs.
Study, analyze, and process compensation informationEvaluate position descriptions ensuring their accuracy and completenessDetermine job level, flsa status, and pay level on new or revised positionsCreate/maintain audits ensuring the accuracy of job/employee records and consistency with policy guidelinesMaintain job-pricing system, ensuring the accuracy of survey and market match information.
Participate in the planning, development, design, and implementation of new or revised compensation programs and policies for the purpose of attracting, motivating, and retaining a caliber of work force consistent with corporate objectivesThis includes any or all components of the total compensation program, including job evaluation, stock programs, incentive compensation, cash incentives, supplemental pay programs, and/or area differentialsConduct research/statistical studies and develop detailed recommendationsMay assist with presentations to senior management.
Act as a resource for other compensation team members on the more complex and/or highly sensitive matters.
Take a leadership role in the annual compensation policy and structure reviewMake recommendations on compensation policy/costsPartner on the implementation and communication of annual compensation policy and salary administration.
Participate in wage and salary surveys to ensure that compensation remains competitive to attract, retain, and motivate employeesInterpret and analyze the dataDevelop and maintain relationships with consultants and industry contactsServe on functional committees inside and outside the company as a representative of human resources and the company.
Qualifications:
Requires a bachelor`s degree or equivalent and 8+ years of related experience required.
Knowledge of broad-based compensation design concepts and ability to independently consult with senior business leaders and other internal stakeholders.
Must have strong analytical and organizational skills as well as strong oral and written communication skills.
Experience in preparing and presenting detailed recommendations to stakeholders.
Must be a self-starter and be able to work with people at all levels.
Must have strong project management skills and ability to influence others to achieve planned outcomes.
Has knowledge of employment laws and regulations.
Experience with microsoft office suite and strong excel skills required.
Additional information: work environments this role offers the ability for in-office, hybrid (blending both office and remote work in a typical workweek), and remote work arrangementsYou’ll work with your leader to determine which option may align best based on several factors.
Work authorization/sponsorship
At this time, we`re not considering candidates that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the united states? this includes, but is not limited to: f1-opt, f1-cpt, h-1b, tn, l-1, j-1, etcFor additional information around work authorization needs please use the following links.
Https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers and https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants
Investment code of ethics
For principal global investors positions, you’ll need to follow an investment code of ethics related to personal and business conduct as well as personal trading activities for you and members of your householdThese same requirements may also apply to other positions across the organization.
Experience principal
While our expertise spans the globe, we`re bound by one common purpose: to foster a world where financial security is accessible to allAnd our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us togetherExplore our core values, benefits and why we’re an exceptional place to grow your career.
Principal is an equal opportunity employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
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