Our client, a large financial services and investment management firm is seeking an experienced Compensation Consultant for a 4 month contract role in Chicago, IL. This role is hybrid. The Compensation Consultant conducts compensation program design, compensation plan management and compensation evaluation and analysis. Under minimal supervision, this job is responsible for developing and administering effective compensation programs in accordance with the organization's reward strategy.
Key Responsibilities and Duties
- Develops salary and incentive structure designs and pay policies in accordance with the organization’s reward strategy.
- Reviews changes to base pay, short-term and long-term incentives, allowances, deferred compensation, and sales compensation as directed by management.
- Reviews preliminary job analysis, job evaluations and salary increase reviews to ensure employees receive the appropriate compensation for their position.
- Conducts analysis and studies to support management in developing and administering effective compensation and benefits programs in accordance with the organization's reward strategy.
- Approves reports for the purpose of providing written support and conveying information to management regarding policy and compensation interpretation as well as in the annual salary planning process.
- Participates in the planning of new and revised compensation programs so that employees receive the appropriate compensation for their position.
- Assesses the company's compensation programs to ensure they are in accordance with established policies.
Requirements
- University degree preferred
- 3+ years of experience required; 5+ years preferred
- Pay Rate- $52.88-$76.44/ hour
Compensation Consultant in chicago at Unknown Company
This position is listed as contract and hybrid.