Compensation Consultant

Compensation Consultant

13 Sep 2024
Missouri, St louis, 63011 St louis USA

Compensation Consultant

COMPENSATION CONSULTANTThe Compensation Consultant designs, administers, and supports compensation department programs, projects and initiatives that are competitive and align with business strategies and talent objectives. This role conducts data reporting and analytics and generates insights and recommendations from such analysis to inform and educate stakeholders and influence compensation strategy. Communicates findings and recommendations effectively in both written and verbal formats. This role requires an understanding of core finance and accounting principles and strong knowledge of compensation concepts and methodologies (e.g., base pay and salary structures, short and long-term incentive design, market benchmarking, and merit increase and bonus plan administration).MAJOR DUTIES AND RESPONSIBILITIES

Actively and consistently support all efforts to simplify and enhance the customer experience

Perform complex analysis and data modeling relating to compensation programs (salary planning, merit increases, variable pay programs, etc.) to evaluate concepts and address business needs

Monitor effectiveness of existing plans, policies, processes, guidelines and procedures, recommending new plans consistent with business needs and compensation trends

Assist with the design, preparation, and maintenance of compensation models

Monitor the compensation department email accounts to respond to inquiries and requests regarding compensation matters including salary planning, merit increases, and variable pay programs

Create communication plans and strategies to support compensation programs and initiatives; partners effectively with HR Communications department, as necessary

Support the year-end compensation process and the training / communications requirements of compensation programs

Serve as a consultative partner and resource on complex compensation-related projects with business stakeholders, including other HR centers of excellence, corporate functional areas, and HR teams across the company

Identify the appropriate course of action on compensation projects and tasks and ensure timely resolution of issues and delivery of work product

Play a key role in the development, implementation and administration of salary structures, geographic differentials, incentive plans, merit increases, salary surveys, program communication / education and functional audits

Work proactively to ensure clear communication of programs and compensation activities company-wide; consistently obtain necessary alignment from stakeholders

Participate in cross-functional team projects as necessary, supporting ad hoc project/analysis requests

Partner with the HR Technology team to ensure that the HRMS system meets compensation needs and is updated to reflect compensation changes, e.g., to salary structures, analytical data and calculations

Conduct compensation benchmarking and generate compensation recommendations for broad-based and executive-level positions

Perform job evaluations, reviewing job descriptions and providing recommendations on job levels and grading

Organize and maintain compensation files and records (employment agreements, job descriptions, etc.)

Coordinate with functional areas (e.g., HR, Accounting, Legal) and other HR centers of excellence (e.g., Payroll) teams on compensation matters

Serve as an auxiliary resource for the administration and management of the company’s long-term incentive program and other compensation programs, as required

Participate in the ongoing evaluation of current processes and procedures

Remain informed of emerging compensation trends and regulations

Understand the company’s business model and how it applies to compensation programs and designs

Perform other duties as assigned

Required QualificationsRequired Skills / Abilities and Knowledge

Bachelor’s degree in Human Resources or related field

7+ years experience compensation administration

3+ years experience project management

Ability to maintain confidentiality and adhere to the highest degree of professional standards

Ability to influence others

Ability to analyze and interpret data

Ability to handle multiple projects and tasks

Ability to maintain confidentiality of information

Ability to make decisions and solve problems while working under pressure

Ability to prioritize and organize effectively

Knowledge of compensation administration

Knowledge of Fair Labor Standards Act and Employment laws

Demonstrated knowledge of compensation fundamentals including design principles, administration and strategic planning

Required EducationBachelor degree in Finance, Human Resources, Business, related field or equivalent experienceRequired Related Work Experience and Number of YearsExperience working in the design and administration of compensation programs - 4-6PREFERRED QUALIFICATIONSPreferred Skills/Abilities and KnowledgeFinance and accounting experience – 2 Preferred EducationCCP preferred; quantitative degree preferredPreferred Related Work Experience and Number of YearsProject management experience - 3-4WORKING CONDITIONSOffice environmeApply now, connect a friend to this opportunity or sign up for job alerts! (https://jobs.spectrum.com/)HCP305-HR 2024-40046 2024Here, employees don’t just have jobs, they build careers. That’s why we believe in offering a comprehensive pay and benefits (https://jobs.spectrum.com/compensation-and-benefits) package that rewards employees for their contributions to our success, supports all aspects of their well-being, and delivers real value at every stage of life.A qualified applicant’s criminal history, if any, will be considered in a manner consistent with applicable laws, including local ordinances.Get to Know Us Charter Communications is known in the United States by our Spectrum brands, including: Spectrum Internet®, TV, Mobile and Voice, Spectrum Networks, Spectrum Enterprise and Spectrum Reach. When you join us, you’re joining a strong community of more than 100,000 individuals working together to serve more than 32 million customers in 41 states and keep them connected to what matters most. Watch this video to learn more. (https://www.youtube.com/watch?v=N-HEOHIAU7Q)Who You Are Matters Here We’re committed to growing a workforce that reflects our communities, and providing equal opportunities for employment and advancement. EOE, including disability/vets. Learn about our inclusive culture. (https://jobs.spectrum.com/inclusiveworkplace/)

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