Senior Compensation Consultant

Compensation Jobs; Chicago (IL); Hybrid; USD 130,000 - 170,000; Full time

Job summary

BELEN Network is seeking an experienced Senior Compensation Consultant to lead large client engagements, shape pay strategy, and drive innovative compensation programs. The role requires partnering with senior leaders and guiding teams across engagements.

You will manage complex projects, influence business decisions, and contribute to growth through new opportunities while leveraging modern compensation tools and analytics.

Qualifications

• Bachelor’s degree in Business, Human Resources, Finance or a related field.
• 8+ years of experience in compensation consulting, compensation strategy, or a related HR advisory field.
• Strong subject-matter expertise in compensation design and market analysis.
• Experience leading multiple complex projects or client engagements.
• Strong knowledge of compensation strategy, pay structures, market competitiveness, incentive plan design, job architecture, compensation technology, regulatory considerations.
• Experience advising senior executives or HR leadership.

Responsibilities

• Lead and oversee large-scale compensation consulting projects.
• Review and interpret analyses prepared by project teams.
• Develop compensation strategies, philosophies, structures, and programs.
• Advise senior leaders on pay strategy, market competitiveness, job architecture, and related workforce decisions.
• Support the design and implementation of modern compensation programs and tools.
• Manage day-to-day client relationships and maintain strong executive-level partnerships.
• Guide and coach junior team members while ensuring high-quality project delivery.
• Identify opportunities to expand client relationships and support new business development.
• Contribute to innovative, technology-enabled approaches to compensation strategy and delivery.

Skills

Compensation design

Market analysis

Executive advisory

Client management

Leadership

Excel

PowerPoint

Education

Bachelor’s degree in Business, HR, Finance

Tools

Compensation software

Market survey tools

AI-enabled compensation solutions

Job description

BELEN Network is recruiting for an experienced Senior Compensation Consultant to support complex workforce and compensation strategy engagements.

This role is ideal for a seasoned compensation professional who can lead large client projects, advise senior leaders, develop compensation strategies, and contribute to business development efforts.

The position follows a hybrid work model, with regular in-office and client-facing collaboration required.

Key Responsibilities

• Lead and oversee large-scale compensation consulting projects
• Review and interpret analyses prepared by project teams
• Develop compensation strategies, philosophies, structures, and programs
• Advise senior leaders on pay strategy, market competitiveness, job architecture, and related workforce decisions
• Support the design and implementation of modern compensation programs and tools
• Manage day-to-day client relationships and maintain strong executive-level partnerships
• Guide and coach junior team members while ensuring high-quality project delivery
• Identify opportunities to expand client relationships and support new business development
• Contribute to innovative, technology-enabled approaches to compensation strategy and delivery

Required Qualifications

• Bachelor’s degree in Business, Human Resources, Finance, or a related field
• 8+ years of experience in compensation consulting, compensation strategy, or a related HR advisory field
• Strong subject-matter expertise in compensation design and market analysis
• Experience leading multiple complex projects or client engagements
• Strong knowledge of:
  • Compensation strategy
  • Pay structures and market competitiveness
  • Incentive plan design
  • Job architecture
  • Compensation technology
  • Regulatory and compliance considerations
• Experience advising senior executives or HR leadership
• Strong communication, presentation, leadership, and client-management skills
• Advanced proficiency with Microsoft Excel and PowerPoint
• Strong analytical and problem-solving skills

Preferred Qualifications

• Experience supporting global organizations with complex compensation needs
• Experience leading or contributing to business-development efforts
• Familiarity with compensation management platforms, market survey tools, or AI-enabled compensation solutions
• Experience developing innovative compensation approaches, methodologies, or thought leadership
• Strong coaching and team-development experience