Sr Compensation Consultant

Medical College of Wisconsin; Maryland; Remote; USD 74,000 - 95,000; Full time

Job summary

Join a forward-thinking institution dedicated to improving health and making a positive impact in communities. As a Senior Compensation Consultant, you will collaborate with leadership to provide advanced compensation analysis and guidance, ensuring compliance with laws and organizational objectives. This role involves managing HR compensation modules, conducting market analyses, and developing data visualizations to support strategic recommendations. With a focus on teamwork and effective communication, you will play a crucial role in shaping compensation practices that foster organizational success.

Qualifications

• 3+ years of relevant experience in compensation consulting.
• Certification as a Certified Compensation Professional (CCP) preferred.

Responsibilities

• Oversee communication and implementation of compensation policies.
• Conduct market pricing analyses to ensure competitiveness.
• Perform job evaluations for consistency and appropriate classifications.

Skills

Effective communication skills

Ability to work collaboratively

Data analysis

Confidentiality

Education

Bachelor's Degree

Tools

HRIS/Workday

Data visualization software

Job description

Position Description:

We're looking for creative thinkers and innovation seekers who aim to change the world. Discover opportunities within the Medical College of Wisconsin (MCW) and contribute to improving health and making a positive impact in our communities. The role of a Senior Compensation Consultant is within our Human Resources Department.

Summary

Collaborate with managers and leadership to maintain consistent, accurate, and timely compensation consultation. Provide advanced analysis of compensation trends and guidance for annual planning. Develop presentations and data visualizations to support recommendations. Partner with the Budget Office during departmental budget preparations and work collaboratively with HR leadership.

Primary Responsibilities

1. Provide solutions for complex issues and oversee communication and implementation of compensation policies.
2. Measure program effectiveness to meet organizational objectives.
3. Manage the compensation HR modules in HRIS/Workday.
4. Ensure compliance with federal, state, and local laws.
5. Submit salary surveys, analyze labor market data, and assist with wage and salary guidelines.
6. Design, implement, and communicate recurring programs like incentive and merit cycles, providing guidance on plans.
7. Review and analyze requests for new or revised positions for appropriate salary grades.
8. Conduct market pricing analyses to ensure competitiveness and maintain wage guidelines.
9. Maintain job descriptions and employee files.
10. Perform job evaluations for consistency and appropriate classifications, using FLSA standards.
11. Evaluate departmental budget submissions during the annual cycle.
12. Perform detailed data analysis and present findings to stakeholders.
13. Support organizational decision-making through reports and dashboards.
14. Research and measure compensation solutions for competitiveness.
15. Utilize databases and software to analyze and present data visually.
16. Respond to compensation inquiries and delegate as needed.
17. Coach and train team members, and complete special projects as assigned.

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

Knowledge, Skills, and Abilities

Effective communication skills, ability to work collaboratively, manage stress, foster teamwork, conceptualize, prioritize, organize work, maintain confidentiality, and demonstrate integrity.

Position Requirements

• Bachelor's Degree required.
• Minimum of 3 years of relevant experience.
• Preferred certification: Certified Compensation Professional (CCP).

Target salary range: $74,500 - $94,900 annually, based on experience and qualifications.