Senior Compensation Consultant

Tokyo ElectronAustin, TX
Onsite

About The Position

Responsible for assisting in the development, implementation, and administration of compensation programs, policies, and procedures. Ensures compensation plans are competitive, equitable and meet business needs. Facilitates manager education in the effective use of compensation.

Requirements

  • Intermediate knowledge of Microsoft office with advanced knowledge of excel
  • Intermediate to advanced knowledge of compensation principles including survey data, market analysis, merit budgeting
  • Intermediate knowledge of short and long-term incentive plan design
  • Skilled in identifying, analyzing, and resolving problems
  • Skilled in establishing and maintaining good working relationships with business leaders
  • Ability to communicate effectively verbally and in writing
  • Ability to listen and understand information verbally and in writing
  • Bachelor’s degree or equivalent combination of related functional experience
  • Minimum 5 years compensation experience preferably with some consulting experience

Nice To Haves

  • Knowledge of Workday HRIS System preferred
  • Certified Compensation Professional (CCP) designation or similar certification preferred but not required

Responsibilities

  • Supports the annual compensation review, completes survey submissions, bonus modeling, and salary increase budget analyses
  • Consults on internal and external job offers to ensure starting pay is aligned with candidate competencies
  • Ensures accuracy of job-related data in HRIS, approves compensation adjustments and/or job changes
  • Evaluates various roles determining leveling, competitive value and ensuring jobs are compliant with FLSA designations
  • Responsible for market pricing various jobs and analyzing competitive market data to ensure a competitive market position
  • May review internal equity and prepare proposals to management on pay adjustments
  • Participates in the design and administration of company-wide programs related to base pay, incentive pay, and long-term incentives
  • Develops communication/educational materials and conducts training sessions
  • Partners with business clients to understand and support their business objectives by providing analytical support, consulting, and compensation advice
  • Performs all other duties, as assigned
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