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Senior Compensation Consultant

$110k - $125k

Versique Executive, Professional & Interim Recruiting

Senior Compensation ConsultantJoin a well-established and financially strong organization where you'll serve as the compensation subject matter expert and have a significant impact on enterprise-wide pay strategy. This is an opportunity to partner directly with senior leadership, lead high-visibility compensation initiatives, and help shape programs that support the organization's ability to attract, retain, and reward top talent.Position Overview:The Senior Compensation Consultant will lead the design, administration, and continuous improvement of compensation programs for a well-established, employee-focused organization. This role leverages market data, internal equity analysis, and business insights to deliver competitive, equitable, and sustainable pay practices that support talent strategy and long-term business objectives. The position partners closely with HR leadership, Finance, and business leaders to develop compensation solutions that attract, retain, and reward top talent.Worksite Location: Hybrid opportunity in the Twin Cities metro area.**NOT open to relocation - must be local to the Twin Cities, MN area to be considered.Salary: $110,000 – $125,000Benefits: Comprehensive benefits package including medical, dental, vision, 401(k) with employer contributions, paid time off, disability coverage, wellness programs, and professional development opportunities.Roles & Responsibilities:• Lead the design, administration, and continuous improvement of the organization's compensation philosophy, salary structures, job architecture, and related programs to support market competitiveness and internal equity• Partner with HR Business Partners and business leaders to evaluate new and existing positions, conduct market benchmarking, recommend job levels and pay grades, and provide compensation guidance• Lead the annual market review process, including salary survey participation, market analysis, competitive positioning assessments, and salary structure recommendations• Develop and oversee a consistent approach to internal equity analysis, identify areas of concern, recommend corrective actions, and educate leaders on equitable pay practices• Administer companywide incentive compensation programs, including short-term and long-term incentive plans, supporting program design, modeling, communication, and governance• Lead the annual merit review cycle from planning through execution, including system configuration, communications, training, approvals, data validation, employee communications, and payroll coordination• Partner with senior HR leadership to support executive compensation programs, including base salary, incentive compensation, and related analyses and recommendations• Configure, maintain, and continuously improve compensation-related processes, reporting, and controls within Workday Advanced Compensation• Collaborate with HR leadership and Finance on annual budget planning, workforce cost projections, salary increase modeling, and incentive forecasting• Prepare compensation analyses, dashboards, models, and executive-ready presentations that translate complex data into actionable recommendations• Maintain compensation policies, procedures, documentation, and employee-facing communications, including Total Rewards communications and statements• Monitor compensation-related laws and regulations and support compliance efforts, audits, and implementation of regulatory changes• Build trusted relationships across the organization and provide practical, consultative compensation expertise to leaders and stakeholdersRequired Skills & Experience:• Bachelor's degree in Human Resources, Business, Finance, or a related field; equivalent relevant experience may be considered• 5+ years of progressive compensation experience, including base pay, incentive compensation, market pricing, and job evaluation• Experience administering compensation programs within Workday, including Workday Advanced Compensation• Strong analytical skills with the ability to interpret complex data, develop recommendations, and communicate findings to business leaders and executives• Experience managing large-scale annual compensation processes and partnering cross-functionally with HR, Finance, Payroll, and business leaders• High attention to detail, accuracy, confidentiality, and follow-through• Ability to balance analytical rigor with a consultative and approachable style• Strong written, verbal, presentation, and executive communication skills• Proven ability to influence without direct authority and build credibility with a broad range of stakeholders• Strong project management, prioritization, organizational, and time management skills• Collaborative, responsive, and solutions-oriented mindset with a strong customer focus• Advanced Microsoft Excel skills and proficiency in Microsoft Word, PowerPoint, Outlook, and Teams• Experience creating and interpreting compensation models, dashboards, reports, and data visualizationsPreferred Skills & Experience:• Certified Compensation Professional (CCP) designation• Experience supporting executive compensation and long-term incentive programs• Experience with compensation survey platforms, job architecture, pay equity analysis, and compensation analytics• Experience working in multi-state organizations

Vacancy posted 17 hours ago
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