Compensation Consultant

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- $125,000 Benefits: 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 stakeholders
Required 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 visualizations
Preferred 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

About Versique:
Versique: /ver-seek/adj.being both versatile and unique;n.a high-performance recruiting firm specializing in executive leadership search, direct hire, and interim hiring solutions.

Versique Executive, Professional, & Interim Recruiting is a locally owned and operated hiring and placement firm based in the Twin Cities of Minnesota. With specialized practice areas across our three divisions, Versique delivers tailored expertise to a wide range of industries. What sets us apart is our team of recruiters-seasoned professionals who have worked in the very fields they now hire for, providing unmatched industry insight and connections.

We believe people are more than just resumes-they are transformative, unlocking the potential for organizational growth and success.

Versique is proud to be award-winning, earning recognition on the Inc. 5000 list of fastest-growing private companies and the Minneapolis-St. Paul Business Journal's Fast 50 list for 2023. We are also consistently recognized as a Star Tribune Top Workplace and were named a Best Place to Work in 2022 by the Minneapolis/St. Paul Business Journal .

Let's find your people, together.

Versique is an equal-opportunity employer committed to creating a diverse workforce. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status

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