Compensation Consultant
Company: Horizontal Talent
Location: Austin
Posted on: May 14, 2022
Job Description:
Job Description:
The Compensation Consultant will identify, design and recommend
competitive compensation programs that attract and retain
employees, drive performance and results, and provide rewards and
recognition for individuals and teams. This position will assure
compensation initiatives are aligned with business strategies,
objectives and competitive marketplace position. Provide
specialization in compensation functions such as executive
compensation, sales and variable compensation, merit and bonus
administration, or Long Term Incentives.
MAJOR DUTIES AND RESPONSIBILITIES
- Actively and consistently support all efforts to simplify and
enhance the customer experience
- Designs and Implements base compensation, incentive and
commission/sales programs
- Creates communication plans and strategies to support all
Compensation programs and initiatives
- Provides education and training to Business Unit Management and
Human Resources staff regarding compensation issues and
practices
- Drives cross-functional teams to strive for a common
result
- Monitors effectiveness of existing plans, policies, processes,
guidelines and procedures, recommending new plans consistent with
business needs and compensation trends as required
- Acts as a business partner with functional areas as well as
Human Resources on complex compensation-related projects,
identifies appropriate course of action and ensures timely delivery
of end product or resolution
- Plays key role in development, installation and administration
of salary structures, geographic differentials, incentive plans,
merit, salary surveys, program communication/education and
functional audits
- Evaluates job content and formulates recommendations to
business on grade, title, pay, and FLSA exemption status based on
analyses of internal equity and market competitiveness
- Assures clear communication of programs and implementation is
consistently applied enterprise-wide
- Performs analysis and modeling of compensation plans to assure
that they meet business goals
- Participates in salary surveys as needed to ensure that
compensation programs are competitive with the external
market
- Performs other duties as required
REQUIRED QUALIFICATIONS
- Skills / Abilities and Knowledge
- Ability to influence others
- Ability to analyze and interpret data
- Ability to handle multiple projects and tasks
- Ability to maintain confidentiality of information
- Ability to make decisions and solve problems while working
under pressure
- Ability to prioritize and organize effectively
- Knowledge of compensation administration
- Knowledge of Fair Labor Standards Act and Employment
laws
- In-depth knowledge of compensation fundamentals including
design principles, administration and strategic planning
- CCP preferred; quantitative degree preferred
Education
- Bachelor degree in Finance, Human Resources, Business, related
field or equivalent experience
Keywords: Horizontal Talent, Austin , Compensation Consultant, Accounting, Auditing , Austin, Texas
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