Compensation Consultant, Specialist

Vanguard • Malvern, PA

8d • Hybrid

About The Position

Consults business leaders on the organization's compensation strategies programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Links external best practices to internal compensation processes. Core Responsibilities Acts as a lead compensation expert to advise divisional senior management on aligning the pay programs, policies and procedures with organizational goals. Implements creative solutions to specific compensation-related programs. Ensures the effectiveness of existing compensation practices and regulations compliance, recommending timely revisions when needed, and keeping senior managers informed of any updated policies. Oversees the data within the HRIS to ensure the accuracy of compensation information including merit and incentive calculations, approvals for award payments, and payment records. Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay strategies and implementation based on findings. Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies. Coaches and contributes to the development of compensation analysts. Participates in special projects and performs other duties as assigned. Qualifications Five years related work experience, with at least Two years of Compensation experience. Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred. Progress toward CCP preferred. Special Factors Sponsorship Vanguard is not offering visa sponsorship for this position. About Vanguard At Vanguard, we don't just have a mission—we're on a mission. To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best. How We Work Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience. Vanguard, one of the world's largest investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests. This website uses "cookies" to distinguish you from other users. A cookie is a small file of letters and numbers placed on your computer or device. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site and services. The cookies are stored locally on your computer or mobile device. To accept cookies you can continue browsing as normal. Or you can go to our Privacy Policy to read more information and learn how to change your preferences.

Requirements

• Five years related work experience, with at least Two years of Compensation experience.
• Undergraduate degree or equivalent combination of training and experience.

Nice To Haves

• Graduate degree preferred.
• Progress toward CCP preferred.

Responsibilities

• Acts as a lead compensation expert to advise divisional senior management on aligning the pay programs, policies and procedures with organizational goals.
• Implements creative solutions to specific compensation-related programs.
• Ensures the effectiveness of existing compensation practices and regulations compliance, recommending timely revisions when needed, and keeping senior managers informed of any updated policies.
• Oversees the data within the HRIS to ensure the accuracy of compensation information including merit and incentive calculations, approvals for award payments, and payment records.
• Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay strategies and implementation based on findings.
• Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies.
• Coaches and contributes to the development of compensation analysts.
• Participates in special projects and performs other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees