Compensation Consultant (100% remote)

Medical College of Wisconsin; Tennessee; Remote; USD 64,000 - 82,000; Full time

Job summary

The Medical College of Wisconsin seeks a Compensation Consultant to analyze compensation trends, ensure compliance with regulations, and collaborate with HR teams. The role involves detailed data analysis and providing insights to enhance compensation practices. Candidates should possess a Bachelor's degree and relevant experience, with a target salary range between $64,300 and $81,400 annually.

Benefits

Outstanding Healthcare Coverage

403B Retirement Package

Competitive Vacation and Paid Holidays

Tuition Reimbursement

Paid Parental Leave

On campus Fitness Facility

Discounted rates on local fitness facilities

Qualifications

• 1-2 years of compensation, HR experience, or financial reporting/analytics.
• Certification: Certified Compensation Professional (CCP) preferred.

Responsibilities

• Collaborate with managers for compensation consultation.
• Conduct annual and ad-hoc market pricing for MCW positions.
• Perform job evaluations for institutional consistency.

Skills

Effective verbal and written communication skills

Ability to manage stressful situations

Teamwork

Data analysis

Education

Bachelor's Degree

Job description

Position Description:

We're looking for those individuals-the creative thinkers and innovation seekers-who are content with nothing short of changing the world. Discover the endless opportunities within the Medical College of Wisconsin (MCW) and be inspired by the work we can do together to improve health, and make a positive, daily impact in our communities.

In the role of Compensation Consultant you will collaborate with managers and department leadership to maintain consistent, accurate and timely compensation consultation. Provide analysis of compensation trends and provide guidance for annual compensation planning. Develop presentations and graphical representations of data in support of recommendations. Work collaboratively with HR team members including Talent Acquisition, Benefits, Data and HRIS, Faculty Affairs and Talent Planning and Development.

Primary Functions

• Ensure compliance with all appropriate federal, state and local laws and regulations, both domestically and internationally.
• Perform job mapping and compile compensation data files for participation in global compensation surveys to ensure competitive pay practices are maintained.
• Review and analyze requests for new or revised positions to determine appropriate salary grade assignment.
• Conduct annual and ad-hoc market pricing for all MCW positions to ensure market competitiveness is maintained. Analyze labor market information and assist with the maintenance of wage and salary guidelines.
• Maintain job description templates and employee files to ensure all positions are documented.
• Perform job evaluations for all positions to ensure institution-wide consistency in titles and grades. Utilizing FLSA standards and guidelines, place positions in appropriate classifications.
• Evaluate compensation budget submission for each department as part of the annual budget cycle.
• Perform detailed data analysis and manipulation with very granular level data while summarizing and presenting relevant findings to multiple levels of stakeholders.
• Provide organizational support to the business/financial/operational leaders through internal management reporting and dashboards and a variety of business analysis.
• Research, analyze, and measure compensation solutions to ensure competitive pay practices.
• Use computer databases, electronic spreadsheets, desktop publishing, word processing, and statistical applications to manipulate, analyze, develop and present data.
• Provide insightful analysis and design creative visual displays of information that "tells the story" appropriate for reporting to senior level executives and management.
• Initial point of contact for all general compensation inbox inquiries. Provide response to questions or delegate inquiries to appropriate team member for assistance.
• Other duties as assigned.
• Certification: Certified Compensation Professional (CCP) preferred

All remote work must be performed within one of the MCW registered payroll states, which currently includes: WI, AZ, FL, IL, IN, MD, MI, MN, MO, NC, TN,TX, and UT.

Knowledge - Skills - Abilities

Effective verbal and written communication skills. Ability to work effectively with others in problem identification and resolution. Ability to manage stressful situations effectively. Ability to foster teamwork. Effective oral and written communication skills. Ability to clearly communicate information necessary for business success. Demonstrates ability to conceptualize. Ability to set and communicate priorities; effectively planning and organizing the work of the group. Ability to maintain confidences. Ability to demonstrate personal integrity in all interactions.

#LI-AV1

Preferred Schedule:




Monday - Friday 8:00-5:00

Position Requirements:

Specifications

Appropriate experience may be substituted for education on an equivalent basis

Minimum Required Education: Bachelor's Degree

Minimum Required Experience: 1-2 years of compensation, and/or HR experience, and/or financial reporting/analytics, or equivalent combination of education, years of experience, or certification.

Preferred: Compensation Certification

Field: human resources, compensation, business administration

Target salary range for this position is between $64,300.00 and $81,400.00 annually. The final offered salary will depend on the applicant's education, experience, skills, and knowledge, as well as considerations of internal equity and market alignment.

Why MCW?

• Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options
• 403B Retirement Package
• Competitive Vacation and Paid Holidays offered
• Tuition Reimbursement
• Paid Parental Leave
• On campus Fitness Facility, offering onsite classes.
• Additional discounted rates on items such as: Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc.

For a full list of positions see: www.mcw.edu/careers

For a brief overview of our benefits see: https://www.mcw.edu/departments/human-resources/benefits

Eastern Wisconsin is a vibrant, diverse metropolitan area. MCW is intent on attracting, developing, and retaining a diverse workforce and faculty body that reflects the community we serve. We value diversity of backgrounds, experience, thought, and perspectives to advance excellence in science and medicine. MCW is a welcoming campus community with a strong culture of collaboration, partnership, and engagement with our surrounding community.

MCW as an Equal Opportunity Employer and Commitment to Non-Discrimination



The Medical College of Wisconsin (MCW) is an Equal Opportunity Employer. We are committed to fostering a diverse community of outstanding faculty, staff, and students, as well as ensuring equal educational opportunity, employment, and access to services, programs, and activities, without regard to an individual's race, color, national origin, religion, age, disability, sex, gender identity/expression, sexual orientation, marital status, pregnancy, predisposing genetic characteristic, or military status. Employees, students, applicants or other members of the MCW community (including but not limited to vendors, visitors, and guests) may not be subjected to harassment that is prohibited by law or treated adversely or retaliated against based upon a protected characteristic.

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