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    Compensation Consultant - Chicago, United States - Horace Mann

    Horace Mann
    Horace Mann Chicago, United States

    1 week ago

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    Description
    The

    Compensation Consultant


    will assist with the design and policies of both Executive and broad-based compensation programs to include job evaluation, salary structures, merit matrices, salary range development, market pricing studies, and executive market analysis.

    This role will research, analyze, and provide recommendations on company compensation policies, practices, and guidelines to adhere with governmental regulations/requirements and to establish competitive pay practices

    You'll love this position if you're:

    An analyst

    - you'll assist with conducting surveys and analyzing results for compensation planning

    A collaborator

    - you'll partner with decision makers from various business units and other HR Centers of Excellence to advise in the administration of compensation programs.

    A subject matter expert

    - you'll provide critical knowledge to stakeholders on key compensation concepts and processes


    Other Responsibilities Include:
    Maintain awareness of the latest trends, regulations, and competitive intelligence regarding compensation matters

    Provide consultative technical expertise, advice, and guidance regarding compensation matters (job design, job documentation, etc.) to business leaders by developing strong partnerships

    In partnership with Chief HR Officer and Director, Total Rewards, assist in preparing Board-related/SEC compensation-related deliverables (Compensation Discussion & Analysis including proxy tables, Compensation Committee materials, etc.)

    In partnership with Chief HR Officer and Director, Total Rewards, drive the year-end performance evaluation and compensation planning process

    Administer annual budget/plan, merit, and bonus processes — in conjunction with Finance & Planning and Payroll

    Recommend compensation adjustments according to market assessments, utilizing knowledge and reputable data sources

    Manage salary survey vendors and develop internal market pricing tools to ensure proper positioning of jobs to competitive market data

    Educate executives/employees on compensation programs

    Based on candidate experience and qualifications may consider a management role.

    Requirements

    Ability to operate at both the strategic and operational levels

    Advanced analytical problem-solving skills and ability to draw conclusions from data in a logical systematic way

    Strong business and financial acumen, understanding tax and budget implications of compensation

    Advanced Excel skills plus working knowledge of Workday

    Bachelor's degree in Human Resources, Business, Finance, Economics or other quantitative discipline or equivalent experience

    10+ years progressive experience in Compensation role preferred

    #VIZI

    #LI-LW2

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