Principal Compensation Consultant

PTC Inc; Boston (MA); Hybrid; USD 131,750 - 178,250; Full time

Benefits offered by this job

Employee stock purchase program (ESPP)

Medical, dental and vision insurance

401(k) with employer match

Paid time off and sick leave

Commuter subsidy

Job summary

PTC Inc. in Boston, MA is seeking a Principal Compensation Consultant to lead design, implementation, and governance of global compensation programs.

You will advise executive leaders on hiring, promotions, annual cycles, and workforce planning, and partner with Workday HRIS and finance to model costs and forecast impacts. Ideal candidates have 8+ years in compensation, expertise in market pricing, Excel, Workday compensation module, and Radford, with strong data analysis and stakeholder

Qualifications

• Bachelor's degree in HR, Business, Finance, Economics, or related field.
• 8+ years of progressive compensation experience consulting with senior leaders.
• Advanced proficiency in Excel and Workday compensation module.

Responsibilities

• Primary compensation consultant for IT, Marketing, Corporate Strategy, Velocity BU, Finance, Legal, and HR.
• Advise leaders on hiring, promotions, annual comp cycles, transfers, retention and workforce planning.
• Evaluate compensation issues and recommend solutions balancing market, equity and budget.
• Lead complex compensation projects with cross-functional stakeholders including annual cycle and Workday setup/testing.

Skills

Advanced Excel

Workday compensation module

Data analysis

Executive stakeholder management

Market pricing

Education

Bachelor's degree in HR, Business, Finance, Economics, or related field

Tools

Radford

Salary.com Comp Analyst

Job description

## Principal Compensation ConsultantApplylocations: Boston, MA, USAtime type: Full timeposted on: Posted Todayjob requisition id: JR112458Our world is transforming, and PTC is leading the way. Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business.Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow – all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.**Location:**Boston office –hybrid**Reporting to SVP, Total Rewards****Position Summary:**We are seeking a Principal Compensation Consultant to serve as the primary compensation advisor for assigned executive stakeholder groups. This role will lead the design, implementation, and governance of compensation programs that support business objectives, talent strategy, market competitiveness, internal equity, and pay-for-performance principles across a global workforce.The ideal candidate brings deep compensation expertise, strong business acumen, exceptional consulting and cross functional collaboration skills, and the ability to influence senior stakeholders through data-driven recommendations and practical solutions.**Key Responsibilities:*** Primary compensation consultant, serving as trusted advisor and thought partner for IT, Marketing, Corporate Strategy, Velocity Business Unit, Finance, Legal, and HR.* Advise leaders on compensation decisions related to hiring, promotions, annual comp cycle increases, transfers, retention, reorganizations, and workforce planning* Evaluate compensation-related issues and recommend solutions that balance market competitiveness, internal equity, pay-for-performance principles, and budget considerations* Lead complex compensation projects with cross-functional stakeholders including the annual cycle and Workday compensation related set up and testing. As an example, you’ll be joining the Global Job & Market Pay Project working to implement a new job leveling system and market ranges.* Partner closely with the Workday HRIS/IT teams on compensation related configuration and cycle execution* Develop market ranges globally using Salary.com’s Comp Analyst tool. Assist with survey participation, benchmark matching, and analysis of external labor market trends* Analyze compensation data and prepare insights and recommendations for leaders and executive audiences. Partner with Finance and HR leadership to model compensation costs and forecast program impacts to support strategic workforce decisions* Ensure compensation programs comply with applicable laws and regulations, including pay transparency, equal pay, and other compensation-related requirements. Develop and maintain compensation related policies and drive implementation of compensation-related tools and process improvements**Qualifications:*** **Bachelor's degree** in HR, Business, Finance, Economics, or related field* 8+ years of **progressive compensation****experience, including experience consulting with senior business leaders*** Advanced proficiency in **Exce****l*** Experience with **Workday****compensation module*** Deep knowledge of **global compensation program design, market pricing, salary structures, incentive plans, and compensation governance within the technology industry*** Experience with the **Radford** market survey platform* Strong analytical and quantitative skills with the ability to **interpret complex data** and **develop recommendations*** Excellent **communication, presentation, and stakeholder management skills**The anticipated annual salary range for this position is between **$131,750- $178,250**. The salary range reflects a good-faith estimate of compensation at the time of posting. Actual compensation may vary based on a candidate's skills, qualifications, experience, and location. Additionally, candidates may be eligible for a performance-based bonus. Employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP), which allows for the purchase of discounted PTC stock. Certain roles may also be eligible for participation in our equity programs. Employees may be eligible for medical, dental and vision insurance, paid time off and sick leave, tuition reimbursement, 401(k) contributions and employer match, flexible spending accounts, life insurance, disability coverage and, if you are an office-assigned employee, a generous commuter subsidy. All total rewards and benefits programs are subject to applicable plan eligibility and other terms and conditions.For more information about PTC’s comprehensive benefits, please visit our Careers Page.PTC recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled.At PTC, we believe in the power of diverse ideas and perspectives. As a global company that values and respects all identities, cultures, and perspectives, we strive to create an inclusive PTC for ALL through an environment where everyone feels like they belong and are empowered to bring their true, authentic selves to work. Proud to be an Equal Opportunity Employer, we welcome applicants from all backgrounds and hire without regard to race, national origin, religion, age, color, ethnicity, ancestry, marital status, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic information, disability, veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.For more information about PTC’s comprehensive benefits and our AI usage, please visit our Careers Page (https://www.ptc.com/en/careers/united-states-careers). Applications will be accepted on an on-going basis until the opportunity is filled.PTC endeavors to make ptc.com/careers accessible to all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact PTC's Talent Acquisition team at [e-mail]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.Life at PTC is about more than working with today’s most cutting-edge technologies to transform the physical world. It’s about showing up as you are and working alongside some of today’s most talented industry leaders to transform the world around you.If you share our passion for problem-solving through innovation, you’ll likely become just as passionate about the PTC experience as we are. Are you ready to explore your next career move with us?