Senior Compensation Consultant

Allied Solutions LLC•Carmel, IN

About The Position

The Senior Compensation Consultant serves as a subject matter expert on the Compensation team with a focus on implementing and administering compensation programs and providing consultation on compensation-related matters to client groups and HR team members. This role participates in the design and implementation of comprehensive compensation strategies aligned with the organization’s goals and industry standards.

Requirements

Bachelor’s degree or an equivalent combination of education and directly related work experience required.
5+ years of Compensation work experience required.
Advanced Excel skills, along with Strong MS Office skills including Word and PowerPoint.
Must be comfortable with large complex spreadsheet design & analysis to understand and develop insights from data.
Must possess strong attention to detail and ability to develop and perform data and process audits.
Ability to organize detailed data and consolidate complex information in a manner that results in user-friendly concise communication.
Ability to maintain confidentiality in all work performed.
Ability to follow instructions and work independently in the completion of assigned tasks.
Familiarity with FLSA compliance guidelines and federal, state and municipality compliance guidelines.
Excellent critical thinking skills, communication skills, and presentation skills.
Ability to manage deadlines and coordinate projects amidst competing priorities.

Nice To Haves

Certified Compensation Professional (CCP) certification or Master’s Degree in Human Resources or a related field preferred.

Responsibilities

Oversee job evaluations for client groups to establish and maintain accurate job grades.
Prepare comprehensive reports and presentations for leadership, providing insights on compensation trends, program effectiveness, and recommendations.
Stay updated on industry best practices, trends, and innovative compensation strategies.
Conduct Fair Labor Standards Act (FLSA) evaluations to determine exemption status for new/revised jobs.
Ensure all compensation practices comply with federal, state, and local regulations.
Stay informed on relevant legislation and industry standards to mitigate risks and ensure compliance.
Participate in and provide support for larger compensation projects including structure maintenance and compensation program recommendations.
Analyze impacts of changes to compensation programs (fixed and variable).
Serve as the project lead for various compensation initiatives.
Conduct market pricing of new and existing jobs, provide recommendations, and analyze potential impact of recommendations.
Participate and provide company submissions for annual salary surveys.
Analyze new survey data sets, make recommendations for adjustments to salaries, job grades and structure movement.
Utilize Workday reporting for Compensation monitoring and auditing.
Audit minimum wage requirements for both Exempt and Non-Exempt employees.
Conduct audits of Compensation information in Workday to ensure data integrity.
Lead Workday testing for Compensation-related updates and integrations.
Implement compensation/market review recommendations in Workday.
Serve as a subject matter expert in annual compensation processes such as incentive and merit cycles.
Lead HRIS system module setup and testing, troubleshooting, and reporting for annual compensation cycles.
Identify improvements and follow through with the implementation of enhancements to annual compensation cycles.
Serve as a trusted advisor on compensation-related matters, educating client groups and HR teams on the organization’s compensation programs.
Collaborate with HR Business Partners to evaluate new and existing jobs, providing recommendations on titles, levels, and pay grades.
Partner with the Talent Acquisition team to review escalated salary offers and provide recommendations.
Work with HR teams on cross-functional initiatives, providing expertise from a compensation perspective.