Compensation Consultant

First American Payments Systems•Minneapolis, MN

About The Position

The Compensation Consultant acts as the functional expert for compensation‑related systems, including HRIS modules, compensation planning tools, market pricing platforms, and analytics dashboards. You'll partner with HRIS to configure, test, and maintain compensation systems to support annual cycles (merit, bonus, equity) and ongoing processes.

Requirements

Proficiency in compensation analysis, design and administration.
l skills, including the ability to use pivot tables, charts and complex formula.
Experience with HRIS (Workday) systems used to manage compensation.
Exceptional Microsoft Exce Experience with Compensation and Survey Technology (i.e. PayFactors)
Deep understanding of compensation principles, practices and regulations, including FLSA, wage and hour laws and pay transparency.
Must be 18 years of age or older

Nice To Haves

CCP certification
Advanced project management skills and able to meet deadlines on time, flawlessly.
Ability to identify and resolve complex compensation issues.
Strong written and verbal communications skills and able to explain complex compensation concepts to stakeholders.
Proven ability to manage highly sensitive and confidential information with discretion
Demonstrated success in working collaboratively with HR and other departments to deliver results

Responsibilities

Lead system enhancement projects by gathering requirements, performing impact analyses, and conducting user acceptance testing (UAT).
Develop and maintain data integrations between compensation tools and HRIS platforms to ensure data accuracy and real‑time updates.
Troubleshoot system issues, perform root‑cause analyses, and coordinate fixes with HRIS, vendors, or IT partners.
Create and maintain standardized compensation reports, dashboards, and analytics to support business decision-making.
Train HR Business Partners and managers on use of compensation systems, job architecture tools, and planning platforms.
Continuously evaluate new technologies, tools, and system capabilities to improve operational efficiency and data-driven decision making within Total Rewards.
Manage survey vendor platforms and market pricing tools, including data uploads, job matching, and system optimization.
Ensures compliance with federal, state, and local regulations (FLSA, Equal Pay, pay transparency laws, etc.).
Develops and maintains compensation policies, guidelines, and standard operating procedures.
Conducts pay equity & FLSA analyses and partner with HR and Legal on remediation strategies.
End-to-end project management of annual compensation projects (i.e. merit, incentive payments, promotion cycles, etc.).
Supports HR and people leaders in applying compensation guidelines and making equitable pay decisions.
Models financial impacts of proposed changes to pay programs, budgets, and headcount plans.
Participate in salary surveys and stay abreast of internal and external compensation changes to ensure compliance and competitiveness of program.
Review and evaluate job descriptions to determine appropriate classification, leveling, and pay grade assignments.
Maintain company-wide salary structures, ensuring consistency and internal equity across roles and departments.
Conduct internal analyses to address compression issues, pay relationships, and job family framework alignment.
Other projects as assigned