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Compensation Business Consultant (Hybrid, 3 days onsite)
Los Angeles, CA 90071 or Irvine, CA 92618
6 months (possible extension)
Overview:
- Demonstrates full knowledge in assigned area and is an experienced sole contributor. Consults and influences business managers and internal HR groups on complex compensation matters.
- Develops and implements compensation strategy. Provides expertise on job analyses, external market analyses, offer recommendations and plan design. May be an expert in a specialized area such as sales, executive or international compensation.
Responsibilities:
- Manages business client group relationships and regularly consults with senior management on compensation design principles, practices and regulations
- Provides guidance to the business and develops creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, annual incentives (including sales compensation) etc.
- Reviews, develops, communicates and implements appropriate solutions (programs, processes, tools) in support of providing an effective holistic client and HR Business Partner compensation experience
- Leads the development of educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives
- Performs analysis on effectiveness and competitiveness of existing compensation programs and models potential impact of alternatives
- Consults with business client groups on compensation impacts and considerations as a result of changes in organization structure and/or business priorities
- Presents complex research and analysis using data visualization tools (ie: excel, tableau, investigate)
- Provides regular guidance to Advisor and Associate roles on complex compensation scenarios
- Participates in project related work and may represent compensation in cross functional projects
- Leads regular cyclical compensation work (market study, bonus administration, resources review group etc.)
Qualifications & skills:
- Bachelor’s Degree- & 8+ years exp as a Compensation specialist/advisor
- Advanced excel experience
- Workday Experience
- Workday HCM experience with functional and technical expertise to optimize Workday.
- Working knowledge of Workday advanced compensation (Comprehensive Compensation Management, Plan Design, Compensation Process, Event Management, Insights) and advance reporting is highly preferred.
- Workday Advanced Compensation certification preferable
- Fast learner and quick to adapt