Compensation Consultant
What You’ll Do
- Must have Financial Services experience
- 6+ years of experience
- Large focus on year-end comp, comp cycles, job architecture and market data analysis
- Design, implement, and manage compensation structures, including salary benchmarking, job grading, and pay scales to align with local market practices
- Conduct regular market analyses to ensure the organization remains competitive in attracting and retaining talent
- Provide expertise on annual salary reviews, merit increases, and bonus plan administration
- Ensure compliance with US and state-specific labor laws, tax regulations, and reporting requirements related to compensation
- Maintain and update compensation policies, ensuring they are consistent with best practices and organizational objectives
- Serve as the primary point of contact for audits, regulatory filings, and internal reviews related to compensation
- Partner with HR, Finance, and leadership teams to align compensation programs with broader business strategies
- Provide guidance to managers and employees on compensation policies, practices, and issues
- Deliver training and communication materials to employees regarding compensation programs
- Process Optimization and Reporting
- Streamline compensation processes to enhance efficiency and accuracy
- Organize compensation data and enhance reporting and analytical capabilities
- Leverage HRIS and other tools to maintain accurate employee data and generate insightful analytics
- Prepare reports and presentations for leadership, including recommendations for program improvements
The SR Group (US), Inc. is acting as an Employment Agency in relation to this vacancy.
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