Compensation Consultant

PIMCO•Newport Beach, CA

16h•$90,000 - $130,000

About The Position

We are seeking a hardworking and motivated Compensation Consultant to join our Total Rewards team. In this role, you will support the strategy development, design, implementation, administration, and governance of compensation programs for all our PIMCO businesses. As a Compensation Consultant, you will provide analytical and consultative support and ensure all programs align with corporate objectives, effectively attract, reward, and retain talent, and fully comply with local legal and regulatory requirements. This is a highly analytical and collaborative opportunity where you will be a valued partner in providing critical data analysis and recommendations for business groups, HR, and other cross-functional teams supporting our core compensation processes.

Requirements

Bachelor’s Degree in Business Administration, Finance, Human Resources, or a related field.
2-5+ years of experience in Compensation, HRIS, HR Analytics, Finance and related roles, preferably in the Financial Services or Asset Management/Investment Management industry.
At least one year of experience managing or supporting a year-end compensation process is highly desirable.
Intermediate to advanced Excel skills required.
Strong analytical and process execution skills.
Experience facilitating change in a dynamic, multi-business, global environment.
Proactive, resourceful, and motivated to seek additional work when tasks are completed

Nice To Haves

Experience with , Power BI, and/or Decusoft preferred

Responsibilities

Become a subject matter expert in compensation-related HR processes, leveraging knowledge and data to analyze trends, enhance process efficiencies, and drive informed improvements.
Provide data analysis and consultative support for the design and implementation of compensation programs that are corporately aligned, locally relevant, and compliant with applicable regulations.
Support the management of PIMCO's compensation strategy to align with global objectives, motivate performance, and attract and retain high-performing talent while ensuring fiscal responsibility.
Execute core corporate compensation processes, including job architecture, compensation structure design and maintenance, merit and incentive planning, market analysis, strategic hire offers, and governance of variable pay programs.
Contribute to cyclical exercises such as job matching for market data, monthly budget vs. forecast reporting, and the annual pay review process.
Partner with Business Leaders to manage compensation expenses in alignment with their people strategy.
Propose compensation packages for new hires and assist Business Leaders with year-end compensation decisions.
Support communication and education programs related to compensation to enhance employee understanding.
Analyze and provide recommendations to resolve compensation-related issues.
Monitor local market trends to ensure compensation programs remain competitive and responsive to corporate and local business needs.
Stay updated on compensation trends and assess the effectiveness of existing policies, recommending revisions to support strategic objectives and evolving external requirements.
Provide process management and actionable analytics for core compensation processes.
Maintain and support internal compensation-related tools.
Actively participate in enhancing the year-end compensation system, ensuring accurate information maintenance and auditing during the year-end review process.