Sr. Compensation Consultant

We are currently seeking candidates for a Sr. Compensation Consultant opportunity with a highly successful Investment Management firm located in Boston, MA. The Sr. Compensation Consultant will be involved with the annual compensation cycle, administering existing compensation programs, developing and implementing new programs, and communicating compensation initiatives.

This is a 6+ month contract opportunity, paying $38/hour.

Responsibilities:

  • Provides guidance regarding compensation philosophy, grade level, salary range, current salary, increase amounts, performance appraisal processes, and other related compensation policies and procedures
  • Assists with the annual compensation cycle and salary planning process
  • Develops and implements compensation programs for departments, divisions, and company use
  • Assesses effectiveness of existing compensation programs and makes recommendations for improvements
  • Develops communication materials and updates intranet to ensure a consistent application of compensation methodologies and strategies
  • Participates in the compensation survey process, and ensures market competitiveness
  • Administers salary programs; reviews changes in salaries, job descriptions and position levels for conformance to policy
  • Partners with Talent Acquisition team on offers to external and internal candidates. Performs market pricing, researches internal equity, and makes recommendations based on analysis results
  • Assists with drafting and validating RFP responses regarding compensation programs, policies, and pay practices
  • Ensures accuracy in job descriptions, conducts job evaluations for new and revised descriptions to determine appropriate job grade, determines FLSA status, and maintains appropriate documentation
  • Works with HRIS team to design and develop compensation reports. Participates in creating test plans, performing testing and documenting results of processes, enhancements and upgrades to HR systems
  • Develops compensation procedures and processes, and ensures policies and procedures are compliant with company standards, and state, federal, and local laws regarding compensation practices
  • Designs and develops training materials and conducts individual and group training for managers related to compensation philosophy, selecting talent and the year-end process

Qualifications:

  • BS/BA degree in a relevant field (Business, Human Resources, etc.)
  • 6+ years of compensation experience ideally with in financial services
  • Strong knowledge of base pay, cash and long-term incentives, sales and executive compensation programs
  • Experience conducting complex competitive analyses required
  • Advanced Excel skills (ability to manipulate spreadsheets, create pivot-table, etc.)
  • Experience with database systems such as Access, MarketPay, and Human Resource Information Systems (HRIS)
  • Excellent communication, interpersonal, analytical, and problem-solving skills
  • Detail-oriented and deadline-driven
  • Well-versed in FLSA and other relevant laws and regulations in the US and outside the US
  • Strong working knowledge of internal job evaluation systems and external market pricing practices

 

For immediate consideration, interested and qualified candidates should send their resume to Allie at aross@daleyaa.com.

 

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