CPW - Compensation Consultant

UNAVAILABLE; Deerfield (IL); Remote; USD 80,000 - 100,000; Full time

Job summary

Compensation Works, part of Alera Group, seeks a Compensation Consultant to drive effective and equitable compensation strategies. The role involves designing and analyzing compensation programs to ensure market competitiveness, alongside compliance with regulations, fostering a culture of respect and value within the organization. Ideal candidates should possess strong analytical abilities, experience in the field, and relevant qualifications.

Benefits

Medical insurance

Dental insurance

Life insurance

Disability insurance

401k

Generous paid time off

Qualifications

• 4+ years of compensation analysis experience.
• Strong analytical skills and expertise in data modeling.
• In-depth knowledge of compensation regulations.

Responsibilities

• Conduct analysis of compensation programs for competitiveness and compliance.
• Design and implement compensation programs.
• Develop pay administration guidelines and modeling tools.

Skills

Analytical Skills

Communication Skills

Education

Bachelor’s degree in business, economics, or HR

Tools

Excel

PowerBI

Job description

Overview

Compensation Works, an Alera Group company, is looking for a Compensation Consultant. We are seeking highly motivated colleagues who bring experience and enthusiasm to our team – joining us may be the perfect fit for you!

Alera Group was founded in 2017 and has grown to become the 15th largest broker of US business. We are passionate about our clients’ success in the areas of Employee Benefits, Property and Casualty Insurance, Retirement Plan Services, and Wealth Services. With a network of offices nationwide, our commitment to collaboration allows us to offer national resources combined with local service.

At Compensation Works, an Alera Group Company, we are at the forefront of redefining the compensation consulting landscape. Our mission is to empower organizations by ensuring their compensation structures are not only competitive but also equitable, fostering a culture of appreciation and mutual respect. With a team passionately dedicated to innovation and excellence, we pride ourselves on delivering bespoke compensation consulting services that align with our clients' unique needs and values. Our journey is characterized by a relentless pursuit of excellence, a deep understanding of the intricacies of compensation, and a commitment to providing solutions that drive organizational success.

Responsibilities

As a Compensation Consultant, you will play a critical role in supporting our clients in the market pricing, design, development, and administration of their compensation programs. You will be responsible for a range of duties, including:

• Conduct comprehensive analysis of compensation programs for market competitiveness, pay equity, and compliance.
• Design and implement compensation programs, including base pay, incentives, and executive plans.
• Develop pay administration guidelines and modeling tools using Excel and PowerBI.
• Model financial impacts of compensation system recommendations and incentive plans.
• Build job architectures, job families, descriptions, and competency models.
• Ensure compliance with federal, state, and local compensation regulations.
• Create client-facing communication materials, presentations, and training content.

Note: Work hours will typically be heavy from July through December due to the annual compensation cycle of our clients' businesses.

Qualifications

• Bachelor’s degree in business, economics, or HR (or equivalent experience).
• 4+ years of compensation analysis experience, advising stakeholders on solutions.
• Strong analytical skills with expertise in Excel, PowerBI, and data modeling tools.
• In-depth knowledge of compensation regulations, including FLSA and pay equity laws.
• Excellent written and verbal communication skills for presenting complex data.
• Ability to manage multiple priorities in a fast-paced, evolving environment.
• Preferred: CCP, GRP, PHR, SHRM-CP certification, and experience with compensation software.

Additional Information

Alera Group offers comprehensive benefits to our colleagues, including medical, dental, life and disability insurance, 401k, generous paid time off and much more.

We offer a competitive salary range of $80,000 to $100,000 annually, depending on experience.

We're anequal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status, or any other protected class.

Alera Group is committed to protecting your privacy. Please review our Privacy Policy to understandwhat personal information we may collect and use as part of your application process.

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