Work & Rewards - Associate Manager

Work & Rewards - Associate Manager

• 202602275

• Chicago, Illinois, United States
• Minneapolis, Minnesota, United States

• Full time

Description

As an Associate Manager in our Work, Rewards and Careers practice, you will work side-by-side with some of the industry’s top consultants while you develop cutting edge technical knowledge and skills and gain experience working with a variety of clients across industries. You will have immediate exposure to client assignments which will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. 

These experiences will help build your technical capabilities in the rewards and work disciplines, as well as client and project management skills. You will also benefit from more structured learning opportunities that are tailored to our business.

Our projects range in scope from specific solutions to broad cross-LOB engagements, such as support for M&A transactions, total rewards strategy and optimization. We support clients across a range of WRC disciplines, including:

• Rewards:

  • Rewards strategy

  • Competitive compensation analyses

  • Base salary program design

  • Annual and sales incentive program design

  • Job levelling and architecture

  • Pay equity and pay fairness assessments

• Careers and Work

  • Competency and skills frameworks 

  • Performance management

  • Workforce analytics and planning

  • Functional/organization structure design

  • Career philosophy/strategy 

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

While every day and assignment are somewhat different, some of your main responsibilities will include:

• Partnering with consultants and clients to design strategies and rewards programs to attract, reward and retain talent

• Helping our clients ensure that their reward programs are competitive by performing competitive benchmarking analyses of compensation levels, program design and other rewards practices utilizing the range of WTW data, tools and processes

• Modeling pay structures and conducting financial impact analyses of alternative designs

• Developing, analyzing and calibrating incentive plan designs that help support companies’ business strategies

• Drafting reports and exhibits presenting the team’s analytical work to client audiences

• Performing industry and financial research

• Keeping abreast of legal, regulatory and legislative trends that relate to corporate governance and compensation

• Increasing efficiency within client teams by identifying ways to improve processes

• Contributing to sales and marketing efforts by assisting with proposals and other client-specific business development efforts

• Contributing to the external visibility of WTW’s brand through intellectual capital generation, drafting articles, and other contributions.

Qualifications

The Requirements

• Bachelor’s Degree in business, economics, finance, mathematics, statistics or any other major with significant quantitative course work

• 3 years of relevant work experience 

• Passion for solving problems and sharing solutions to exceed the standards of the client

• Strong financial literacy is preferred

• Ability to be a self-starter and work independently, but also cooperatively in a close team environment

• Excellent oral and written communication skills

• Excellent Microsoft Office skills, particularly in Excel

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $85,000– $115,000 USD per year. This role is also eligible for an annual short-term incentive bonus.

Company Benefits (US locations)

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off ( Washington State only )
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). 

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records. 

EOE, including disability/vets