A partner organization is seeking a Sr. Compensation Consultant in Minnetonka, MN. This role will support the ongoing development of the compensation strategy to attract, retain, and motivate employees while aligning with business initiatives and growth. The position involves participating in various projects and responsibilities in a fast-paced environment that impacts the entire enterprise.

Responsibilities

Participate in the annual increase process and incentive payout calculations and communications
Provide expertise, guidance, and analytical support to business leaders and HR partners on day-to-day compensation issues, including market analysis for new positions and promotions
Address retention issues as they arise
Perform complex analyses to identify opportunities and make recommendations for the development or modification of compensation programs (base pay, incentive pay, comp plan design, etc.)
Summarize and present recommendations and solutions to HR and business leaders
Produce workforce analytics, audit compensation data, and identify trends affecting the business
Participate in the survey management process, including survey selection, participation, results review, and data migration to CompAnalyst (online market pricing tool)
Complete additional job duties as assigned

Requirements

Bachelor's degree or equivalent combination of education and work experience in a related field
7+ years of related work experience beyond degree
Excellent consultative skills and ability to build credibility with customers
Strong written and verbal communication skills and ability to work with management
Ability to manage multiple projects
Strong understanding of applicable wage laws and regulations (FLSA, Equal Pay, etc.)
Strong data and systems analytics and compensation modeling skills
Advanced Excel skills
This position is a Hub role, requiring occasional onsite presence in Minnetonka, MN, as determined by business need

Benefits

Competitive salary range: $85,000 - $145,700, based on education, work experience, certifications, and market data
Eligibility for incentive plan compensation in addition to base salary
Generous total rewards package including medical, dental, vision, paid time off, holidays, paid volunteer time off, 401K contributions, caregiver services, and additional benefits to support employees

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Sr. Compensation Consultant