Senior Compensation Consultant: Strategy & Pay Analytics

Starbucks; Santa Fe (NM); Remote; USD 23,866 - 33,992; Full time

Job summary

Starbucks in Santa Fe, NM seeks an experienced compensation consultant to act as a primary advisor on compensation practices and pay structure. You will market price roles, conduct stakeholder interviews, and shape organization-wide rewards programs.

The role involves complex modeling, analytics, and presenting insights to management to influence decisions. Collaboration with Finance ensures proper accruals and documentation is expanded.

Qualifications

• Five or more years of implementation and/or management of compensation plans.
• Five or more years serving in an advisory function for clients.
• Three or more years of designing plans and applications for base pay, incentive pay, and/or variable compensation.
• Three or more years of cross-functional program management.

Responsibilities

• Act as primary consultant for multiple service functions or business tools, serving as a strategic consulting role on compensation practices and the pay landscape both internally and externally.
• Market price jobs from the ordinary to the more complex.
• Independently conduct large process circles of stakeholder interviews.
• Apprehend the corporate structure and role responsibilities.
• Offer compensation advice on changes to pay structure in alignment with business strategies.
• Lead communications and change-control procedures in partnership with professionals.
• Facilitate organization-wide annual rewards packages for assigned client businesses.
• Develop, implement, and administer base pay packages, including pay placement, structure improvement, and growth coverage for client corporations.
• Conduct complex modeling and analysis on all factors of compensation, build analytical tools to predict and diagnose compensation problems, derive insights from statistical analysis, and present data in charts and graphs.
• Provide effective presentations to influence decision-making and present insights to management and colleagues.
• Plan the implementation of complex compensation programs or projects via specialists; recommend and provide technical input to specialists or technology teams for programs or tasks with large systems or impact.
• Measure effectiveness and provide suggestions on incentive-design changes.
• Support the design and development of current and new incentive programs.
• Recognize the use of different financial metrics in incentive-plan design and understand each metric’s impact.
• Independently model scenarios for behavior and financial results.
• Collaborate with Finance to ensure accruals are appropriately set up, monitored, and managed.
• Expand plan documentation.

Skills

Compensation implementation

Advisory to clients

Base pay and incentive design

Cross-functional program mgmt

Job description

Starbucks in Santa Fe, NM seeks an experienced compensation consultant to act as a primary advisor on compensation practices and pay structure. You will market price roles, conduct stakeholder interviews, and shape organization-wide rewards programs.

The role involves complex modeling, analytics, and presenting insights to management to influence decisions. Collaboration with Finance ensures proper accruals and documentation is expanded.