Compensation Consultant

Acumen • New York City, NY

3d • Hybrid

About The Position

Acumen is seeking a Compensation Consultant for a short-term consulting opportunity. The incumbent will be responsible for setting up and implementing compensation benchmarks in a start-up, private sector, or non-profit organization. This role reports to the Director of Talent and is located in NYC (lower Manhattan). The work model is hybrid, requiring 3 days in the office per week (Tuesday, Wednesday, Thursday). Acumen is a global organization focused on social innovation and investing in companies that address poverty. The Talent Team oversees the employee lifecycle across seven countries and is responsible for the employee value proposition, people strategy, culture, performance management, compensation, benefits, and learning and development. This role will lead an org-wide compensation benchmarking project by analyzing and comparing the organization's current pay structures against market data to ensure competitive and equitable salaries. The project includes reviewing current roles, internal equity, and benchmarking against market data for the US, UK, and Canada. The incumbent will use industry-specific surveys, job evaluations, peer group analysis, and salary survey data to implement a pay structure design. Acumen will invest in the acquisition of comp data.

Requirements

• 8–10 years in compensation, HR analytics, or finance.
• Strong Excel skills (pivot tables, VLOOKUP).
• HRIS proficiency.
• Knowledge of compensation regulations.
• Bachelor’s degree in HR, Business, or Finance.

Nice To Haves

• Certified Compensation Professional (CCP).

Responsibilities

• Accessing Salary Surveys & Market Data databases to determine competitive pay for specific roles.
• Job Analysis & Evaluation: Comparing internal roles based on accountabilities, skill requirements, and levels to match with external market data.
• Pay Structure Design: Develop salary grades and bands that align with company compensation philosophy.
• Total Rewards Strategy: Evaluating base salary, bonuses, and long-term incentives to create comprehensive compensation packages.
• Pay Equity Studies: Analyzing compensation for gender or racial gaps to ensure compliance and fairness.

What This Job Offers

• Career Level: Entry Level