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

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• 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
  
  
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  • 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
    
    
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    • Bachelor degree in Finance, Human Resources, Business, related field or equivalent experience
      

Keywords: Horizontal Talent, Austin , Compensation Consultant, Accounting, Auditing , Austin, Texas