Compensation Consultant

Boston Children's Hospital; Boston (MA); On-site; USD 110,000 - 170,000; Full time

Job summary

Boston Children's Hospital is seeking a Compensation Consultant who will partner with clinical departments and service lines to direct the development, administration, and design of enterprise-wide compensation programs. Responsibilities include annual market studies, internal equity reviews, complex costing analyses, and strategic consultation with senior leadership to align pay with organizational goals.

The role also builds dashboards and reports to guide decision-making and ensure compliant,

Qualifications

• Bachelor's degree or equivalent experience required.
• Minimum of 7 years of compensation experience in a fast-paced environment.
• Healthcare compensation experience preferred.

Responsibilities

• Lead compensation initiatives, including market benchmarking and planning.
• Advise leaders and HR partners on compensation philosophy and programs.
• Leverage data analytics and market trends to identify compensation opportunities.
• Conduct job analyses, market reviews, and pay assessments with cost analyses.
• Build reports and dashboards to inform decision-making.
• Manage complex compensation matters with strategic solutions.
• Collaborate with HR and operations on cross-functional initiatives.
• Develop and implement consistent compensation policies and guidelines.

Skills

Compensation design

Market benchmarking

Data analytics

Stakeholder education

Education

Bachelor's degree or equivalent experience

Tools

HRIS

Job description

Position Summary / Department Summary

The Compensation Consultant serves as a strategic partner to various functions, clinical departments, and/or service lines. Primary responsibilities include the development, administration, design, analysis, and implementation of compensation programs across the enterprise. This includes the annual market study, position and career path design, internal equity reviews, complex costing scenarios, and consultation with management and senior leadership.

Key Responsibilities

• Lead compensation initiatives, including market benchmarking, compensation planning, job design, and the continuous improvement of programs and practices that support talent attraction and retention.
• Advise and educate leaders, HR Business Partners, and Talent Acquisition Partners on compensation philosophy and programs, balancing market competitiveness, internal equity, and organizational objectives.
• Leverage data analytics, market intelligence, and industry trends to identify emerging compensation issues, opportunities, and potential impacts on pay practices.
• Conduct job analyses, market reviews, and pay assessments, developing compensation recommendations supported by cost and budget impact analyses.
• Build trusted partnerships with leaders across assigned business areas to support compensation initiatives and successful outcomes. Develop reports and dashboards that provide actionable insights and inform decision-making.
• Manage complex, sensitive, and high-visibility compensation matters using advanced analysis and strategic, long-term solutions. Serve as a subject matter expert and provide compensation training and education as needed.
• Collaborate with HR and operational leaders on cross-functional projects and enterprise-wide initiatives. Represent Compensation on committees and workgroups as needed.
• Develop and implement consistent compensation policies, procedures, and guidelines. Analyze salary survey data to assess market competitiveness and the effectiveness of current pay practices.
• Partner with HR Business Partners and managers to evaluate new and existing positions. Develop and refine job descriptions to ensure accuracy, consistency, internal equity, and alignment with organizational standards.
• Research market benchmarks and internal job relationships to develop equitable pay grade and compensation recommendations supported by cost analysis. Maintain related documentation and reports.
• Partner with HRIS and Talent Acquisition to ensure consistent compensation practices and participate in audits to support compliance with policies, programs, and regulatory requirements.

Minimum Qualifications

Education

• Bachelor's degree or equivalent experience required.

Experience

• Minimum of 7 years of compensation experience, with experience working in a fast-paced, complex environment required.
• Healthcare compensation work experience preferred.

The posted pay range is Boston Children's reasonable and good‑faith expectation for this pay at the time of posting.

Any base pay offer provided depends on skills, experience, education, certifications, and a variety of other job-related factors. Base pay is one part of a comprehensive benefits package that includes flexible schedules, affordable health, vision and dental insurance, child care and student loan subsidies, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition and certain License and Certification Reimbursement, cell phone plan discounts and discounted rates on T-passes. Experience the benefits of passion and teamwork.