Compensation Consultant

University of Miami•Coral Gables, FL

23h•Onsite

About The Position

The Compensation Consultant serves as a subject matter expert to HR Business Partners and department leaders, presenting findings and recommendations on compensation assessments and pay equity reviews. This role collaborates with Talent Management and HRIS to ensure data integrity and system alignment. The consultant conducts job evaluations, market pricing, and internal equity analyses, while also developing and maintaining salary structures, merit matrices, and incentive models. They support compensation planning cycles, including annual merit and bonus programs, and partner with HR leadership to align performance metrics with compensation outcomes. Additionally, the consultant provides consultation on performance calibration, goal setting, and rating distributions, analyzes performance data to identify trends and recommend program enhancements, and ensures compensation practices comply with institutional policies and regulatory requirements. The role also involves supporting audits, internal reviews, and documentation of compensation decisions, contributing to the development of dashboards and KPIs, and participating in cross-functional initiatives to streamline processes and enhance employee experience. The position requires adherence to University and unit-level policies and procedures and safeguarding of University assets.

Requirements

Bachelor’s Degree in relevant field
Minimum 3 years of relevant experience
Ability to exercise sound judgment in making critical decisions.
Skill in completing assignments accurately and with attention to detail.
Ability to analyze, organize and prioritize work under pressure while meeting deadlines.
Ability to work independently and/or in a collaborative environment.
Ability to communicate effectively in both oral and written form.
Ability to maintain effective interpersonal relationships.
Proficiency in computer software (i.e. Microsoft Office)

Nice To Haves

Certification and Licensing: Not applicable

Responsibilities

Serves as a subject matter expert to HR Business Partners and department leaders.
Presents findings and recommendations to leadership, including compensation assessments and pay equity reviews.
Collaborates with Talent Management and HRIS to ensure data integrity and system alignment.
Conducts job evaluations, market pricing, and internal equity analyses.
Develops and maintains salary structures, merit matrices, and incentive models.
Supports compensation planning cycles, including annual merit and bonus programs.
Partners with HR leadership to align performance metrics with compensation outcomes.
Provides consultation on performance calibration, goal setting, and rating distributions.
Analyzes performance data to identify trends and recommends program enhancements.
Ensures compensation practices comply with institutional policies and regulatory requirements.
Supports audits, internal reviews, and documentation of compensation decisions.
Contributes to the development of dashboards and KPIs to monitor compensation and performance trends.
Participates in cross-functional initiatives to streamline processes and enhance employee experience.
Adheres to University and unit-level policies and procedures and safeguards University assets.