The srCompensation consultant provides advice and counsel to human resources business partners and client department management on a variety of compensation programs and issues including design and development of reward programs such as incentives, recognition awards, etcDevelops innovative compensation solutions/programs to assist clients with meeting their business needs.
Responsibilities:
Performs analytical studies in a variety of compensation areas, such as internal and external equity, competitive pay practices, incentive compensation, and emerging trendsRecommends policy and/or program changes.
Recommends policy and/or program changes.
Conducts job evaluations for new positions to determine appropriate salary gradeEvaluates and analyzes market data, determines flsa status, and maintains appropriate documentation regarding the review.
Participates in the development and administration of the annual salary programs, to include analysis of market data, position-to-market, trends for merit budgets, pay differentials, salary increase project plan, communications, and instructions for processing merit raises, etc.
Designs, develops and administers special compensation programs, such as special incentive programs, job evaluation studies, etc.
Develops and presents educational/training programs to managers and employees.
Reviews (and may approve or recommend approval of) a variety of compensation actions, such as promotions, above guideline job offers, off-cycle pay increases, etc.
Leads assigned major/complex projects in a variety of compensation-related areasMay provide direction and guidance to assigned staff or consultants for the satisfactory performance of projects.
Compile and interpret survey results and identify labor market trends to support the management of compensation programsConduct additional research to ensure a comprehensive understanding of the compensation data and competitive labor markets.
Provide analytical tools that align with talent development, workforce planning and best in class hr analyticsBuild and maintain reports, dashboards, and metrics and monitor the integrity and validity of the data reportedAnalyze trends in compensation and build intelligence through reportingWork with large amounts of data and build tools to streamline the process.
Continually review, research and analyze compensation processes to identify and recommend changes to improve efficiency, effectiveness and overall quality of informationDevelop tools and information presentation methods to deliver information in the appropriate context and format that best supports the organization.
Participates in system wide projects and initiatives.
Performs other similar and related duties as required.
Remote opportunity but must be willing to travel to corporate office in burlington ma or entity locations as business needs require.
Qualifications:
Bachelor’s degree or equivalent in human resources, business administration, economics/finance, or a related field.
At least 10 years of progressive compensation experience.
Healthcare experience a plus.
Experience with compensation plan design, benchmarking and survey data, incentive plan design and administration.
Strong consulting, communication and relationship management skills.
Strategic and innovative thinker with excellent problem solving and analytical skillsDemonstrated ability to solve complex problems using best practices, knowledge of internal and external business issues to provide a new perspective on existing solutions or create new solutions.
Highly detail oriented with emphasis on accuracy, coupled with the ability to see the broader picture.
Excellent organizational, project and time management skills.
Must be comfortable and able to work in a fast-paced changing environment and be able to use independent judgment for decisions that may not be straightforward, able to prioritize and manage multiple tasks/projects at once with ambiguity and changing priorities.
Ability to handle information in a manner which protects its confidentiality.