Compensation Consultant
Job Location:
Minneapolis, MN - USA
Yearly Salary:
Posted on:
Vacancies:
Job Summary
The Compensation Consultant serves as a subject matter expert in employee compensation programs and as a functional expert in compensation related systems and tools. This role is responsible for analyzing and administering compensation programs that attract retain and motivate talent while ensuring internal equity external competitiveness and compliance with all legal and regulatory requirements. The consultant partners closely with HR leaders Compensation partners and cross functional teams to align compensation strategies and supporting systems with organizational goals.
Duties Include:
- 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 realtime updates.
- Troubleshoot system issues perform rootcause 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
Basic Qualifications:
Proficiency in compensation analysis design and administration.
Exceptional Microsoft Excel skills including the ability to use pivot tables charts and complex formula. Experience with HRIS (Workday) systems used to manage compensation.
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
Preferred Qualifications:
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.
Compensation
The compensation range for this position is $90000.00 - $110000.00 annually. This position will be eligible for commission or an annual performance incentive plan. The base pay actually offered will vary depending on job-related knowledge skills location experience and take into account internal equity.Benefits
In line with our commitment to employee wellbeing our total rewards benefits package is designed to support the physical financial and emotional health of our employees tailored to meet their unique and evolving needs. Our approach considers our employees whole selves ensuring they can thrive both in and outside of work. Here are some of the benefits we offer which may vary based on role location or hours worked:
Healthcare (Medical Dental Vision)
Paid Time Off Volunteer Time Off and Holidays
Employer-Matched Retirement Plan
Employee Stock Purchase Plan
Short-Term and Long-Term Disability
Infertility Treatment Adoption and Surrogacy Assistance
Tuition Reimbursement
These benefits are designed to enhance the health protect the financial security and provide peace of mind to our employees and their families.
Deluxe Corporation is an Equal Employment Opportunity employer:
All qualified applicants will receive consideration for employment without regard to race color creed religion disability sex age ethnic or national origin marital status sexual orientation gender identity or presentation pregnancy genetics veteran status or any other status protected by state or federal law.
Please view the electronic EEO is the Law Poster which serves to inform you of your equal employment opportunity protections as part of the application process.
Reasonable Accommodation for Job Seekers with a Disability: If you require reasonable accommodation in completing this application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please direct your inquiries to .
Required Experience:
Contract
Key Skills
About Company
From payments to promotional products, digital marketing, incorporation services and more – Deluxe has been supporting businesses and financial institutions for over 100 years.
