Principal Compensation Consultant
Job Location:
Boston, MA - USA
Monthly Salary:
Posted on:
Vacancies:
Job Summary
Our world is transforming and PTC is leading the software brings the physical and digital worlds together enabling companies to improve operations create better products and empower people in all aspects of their business.
Our people make all the difference in our success. Today we are a global team of nearly 7000 and our main objective is to create opportunities for our team members to explore learn and grow all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.
Location:Boston officehybrid
Reporting to SVP Total Rewards
Position Summary:
We are seeking aPrincipal Compensation Consultant to serve as the primary compensation advisor for assigned executive stakeholder groups. This role willleadthe design implementation and governance of compensation programs that support businessobjectives talent strategy market competitiveness internal equity and pay-for-performance principles across a global workforce.
The ideal candidate brings deep compensationexpertise strong business acumen exceptional consultingandcrossfunctionalcollaborationskills and the ability to influence senior stakeholders through data-driven recommendations and practical solutions.
Key Responsibilities:
Primary compensation consultant serving as trusted advisor and thought partnerforITMarketingCorporate StrategyVelocityBusiness UnitFinance Legaland HR.
Advise leaders on compensation decisions related to hiring promotionsannual comp cycle increasestransfers retention reorganizations and workforce planning
Evaluate compensation-related issues and recommend solutions that balance market competitiveness internal equity pay-for-performance principles and budget considerations
Lead complex compensation projects with cross-functional stakeholdersincluding the annual cycle and Workdaycompensationrelated set up and testing. As an exampleyoullbe joining the Global Job & Market Pay Project working to implement a new job leveling system and market ranges.
Partner closely with the Workday HRIS/IT teams on compensation related configuration and cycle execution
Developmarketranges globallyusingComp Analyst tool.Assistwithsurvey participation benchmark matching and analysis of external labor market trends
Analyze compensation data and prepare insights and recommendations for leaders and executive audiences. Partner with Finance and HR leadership to model compensation costs and forecast program impacts to support strategic workforce decisions
Ensure compensationprogramscomply withapplicable laws and regulations including pay transparency equal pay and other compensation-related requirements.Develop andmaintaincompensationrelatedpolicies anddrive implementation of compensation-related tools and process improvements
Qualifications:
Bachelors degree in HR Business Finance Economics or relatedfield
8 years of progressive compensationexperience including experience consulting with senior business leaders
Advancedproficiencyin Excel
Experience with Workdaycompensation module
Deep knowledge ofglobalcompensation program design market pricing salary structures incentive plans and compensation governancewithin the technology industry
Experience with the Radfordmarketsurvey platform
Strong analytical and quantitative skills with the ability to interpret complex data and develop recommendations
Excellent communication presentation and stakeholder management skills
The anticipated annual salary range for this position is between $131750- $178250. The salary range reflects a good-faith estimate of compensation at the time of posting. Actual compensation may vary based on a candidates skills qualifications experience and location. Additionally candidates may be eligible for a performance-based bonus.
Employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP) which allows for the purchase of discounted PTC stock. Certain roles may also be eligible for participation in our equity programs. Employees may be eligible for medical dental and vision insurance paid time off and sick leave tuition reimbursement 401(k) contributions and employer match flexible spending accounts life insurance disability coverage and if you are an office-assigned employee a generous commuter subsidy. All total rewards and benefits programs are subject to applicable plan eligibility and other terms and conditions.
For more information about PTCs comprehensive benefits please visit our Careers Page.
PTC recruits on a rolling basis. Candidates are considered as they apply until the opportunity is filled.
Life at PTC is about more than working with todays most cutting-edge technologies to transform the physical world. Its about showing up as you are and working alongside some of todays most talented industry leaders to transform the world around you.
If you share our passion for problem-solving through innovation youll likely become just as passionate about the PTC experience as we are. Are you ready to explore your next career move with us
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Required Experience:
Staff IC
About Company
PTC accelerates digital transformation with a new generation of technology that powers the ways you engineer, manufacture, and service your physical products.
