Senior Compensation Strategy Consultant
$97.46k - $110.94kInsperity, Inc.
Insperity provides the most comprehensive suite of scalable HR solutions available in the marketplace with an optimal blend of premium HR service and technology. With more than 90 locations throughout the U.S., Insperity is currently making a difference for thousands of businesses and communities nationwide. Behind our success is the unshakeable belief in the value of our people. We value diversity, inclusivity and a sense of belonging. We celebrate work and life events, and we partner with our clients and communities to make great things happen. We’ve earned recognition time and again as a top place to work—named among the best by respected organizations like Glassdoor and U.S. News & World Report. We’re also proud to be recognized for one of the country’s Top 50 Midsize Early Talent Programs through RippleMatch’s Campus Forward Awards. There’s never been a better time to be part of Insperity, and our best work is still ahead. Learn more at Insperity.com. Why Insperity? Flexibility: Over 80% of Insperity’s jobs have flexibility. We want your time to have balance, whether it’s spent with coworkers, clients, family or your community. Career Growth: Insperity provides many ways to grow with the company. We offer continuous learning programs, mentorship opportunities and ongoing training. Well-Being: Our total rewards package includes generous paid time off, top-tier medical, dental and vision benefits, health & wellness support, paid volunteer hours and much more. We take care of our people so that you can do your best work. Summary This position is responsible for partnering with prospective and existing clients’ executive leadership teams to educate, explore and evaluate compensation programs and practices and their application to a specific client’s business. This position consults and collaborates with a client’s executive leadership on the development or revision of the company’s compensation strategy and initiatives in support of their business goals and objectives. Support for clients’ compensation strategies and initiatives include, but are not limited to: evaluation of existing pay programs; identification of client’s key business goals; objectives and performance indicators; development of compensation philosophy and alignment with compensation strategy; development of performance, reward and incentive systems; design of commission and sales incentive plans; design of bonus programs, including spot, sign-on, referral and retention bonus programs; development of compensation philosophy statements; support with allocating and implementing merit pay program; conducting pay equity analyses. As a senior-level team member, the consultant will mentor associate and specialist team members and serve as a subject matter expert for specific client compensation needs. Essential Functions Provides in-depth, comprehensive, and strategic support and consultative services to Insperity clients, prospects, and Insperity client service providers on compensation strategies, plans and programs pertaining to base and variable pay. Gains a detailed understanding of each client’s unique business goals, objectives, constraints, and outcomes related to historical compensation practices, leveraging this in-depth understanding to be able to provide expert compensation guidance, education and support for clients’ leadership in concert with detailed research and immersive consultation with clients’ leadership, develops recommendations on appropriate compensation strategies that support each client’s goals, objective and compensation philosophy. Consults with multiple clients at any given time, which requires the ability to fully immerse with several unique clients each day, gaining full understanding of their business, goals, objectives, constraints and outcomes to develop applicable pay programs tailored to each specific client’s needs. Each client engagement requires starting with a blank slate, conducting comprehensive research on the client’s business and background, and establishing a trusting, collaborative and consultative partnership to support the client. This process may be repeated many times each day with each new client request. Consultants may have work in progress with dozens of unique clients at any point in time. Serves as the expert resource to client management in the development of any of an array of compensation programs, including, but not limited to: evaluation of existing pay programs; identification of client’s key business goals; objectives and performance indicators; development of compensation philosophy and alignment with compensation strategy; development of performance, reward and incentive systems; design of commission and sales incentive plans; design of bonus programs, including spot, sign-on, referral and retention bonus programs; development of compensation philosophy statements; support with allocating and implementing merit pay program; conducting pay equity analyses. Stays current with all relevant compensation and total rewards trends, news and research and applies such knowledge by advising clients on current trends and best practices and how to incorporate this information into their pay programs and decisions. Serves as a subject matter expert providing technical advice and counsel to internal departments, Sales/BPAs, service providers, and clients on a variety of employee pay and rewards issues to include relevant marketplace trends and developments. Advises clients on the design and implementation of employee pay and rewards program solutions that link closely to the client organization’s performance management processes and business objectives. Leads extensive research on each client company, industry, and specific compensation request to provide holistic guidance to each client and develop compensation solutions that meets their business needs. Works both independently and as a collaborative compensation services team member to create and develop tailored or customized compensation services to meet the needs of clients and prospects. Develops internal resources (i.e., tools, templates, techniques) to enable Insperity client service providers to support clients in addressing compensation issues as needed. Prepares instructional materials, resources and tools and presents educational sessions to field service partners and clients on compensation service trends, offerings and issues. Manages and conducts detailed client-information gathering functions, data analysis and report preparation. This may involve the research and collection of data from several systems, including Insperity’s CRM, historical client information from payroll and HR service providers and other internal HR providers such as EEO or the DEI Services team. Data analysis and report preparation is specific to each compensation program offering, but may entail areas such as pay equity analyses processes, incorporating market analyses research, etc. Maintains knowledge of applicable federal, state and local compensation laws and regulations. Serves as a liaison with other Insperity departments (HR COE, DEI Services, EEO Services, Marketing, Legal, etc.). on projects as needed. Contributes to the development of staff resources through coaching, mentoring, and/or supervising as well as emulating leadership behavior. Education / Experience Requirements Bachelor’s Degree in Business Administration or a related field is required. Master’s Degree with concentration in business is preferred. Seven or more years of experience in the compensation field is required. One year of Insperity compensation consulting experience is required. CCP is required.
LICENSES / CERTIFICATIONS
Travel Requirements Certified Compensation Professional (CCP) is preferred. Travels: Yes, up to 20% of time This job specification should not be construed to imply that these requirements are the exclusive standards of the position. Incumbent will follow any other instructions, and perform any other related duties, as may be required by the supervisor. Insperity provides a reasonable compensation range for each posted role in accordance with applicable pay‑transparency laws. Actual compensation is influenced by a variety of job‑related factors, including skills, experience, and geographic location. The compensation range for this position, representing the pay span across all locations where this role may be filled isPAY TRANSPARENCY: CA
$97,460 - $110,935 At Insperity, we celebrate the diversity of our employees and our leadership. Insperity is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law, including criminal arrest and/or conviction records. #J-18808-Ljbffr Insperity, Inc.$116.2k - $229.1k
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