Senior Compensation Specialist

Job Title: Senior Compensation Specialist

This is an exciting opportunity to join a leading organization as a Senior Compensation Specialist. In this role, you will be responsible for delivering high-quality compensation solutions to clients across various industries.

• Compensation Design: Work with clients to design and implement effective compensation structures, including pay ranges, pay structuring, pay mix, and benefits design.
• Annual Pay Review and Bonus Processes: Play a key role in delivering annual pay review and bonus processes at client organizations.
• Statutory Compliance and Market Trends: Ensure alignment with statutory compliance and stay up-to-date with market practices and developments.
• Market Benchmarking and Advisory: Conduct compensation and benefits market benchmarking, trends, and advisory services.
• Job Evaluation and Leveling: Evaluate and level jobs to ensure fair and equitable compensation practices.
• Cycle Budgeting and Execution: Manage annual compensation cycle budgeting, execution, and delivery.
• Presentation and Communication: Present solutions and recommendations to clients in a structured and articulate manner.
• Due Diligence and Program Implementation: Conduct due diligence for renewals and trends for insurance and employee wellness programs, and coordinate implementation with HR operations.
• Benefits Partner Management: Liaise with benefits partners/vendors and work with other functions to execute benefits programs.
• Rewards-Related Projects: Provide consulting advice on rewards-related projects and manage C&B project modules under guidance of C&B/POC leadership.

• Experience: 3+ years of experience in a compensation role, preferably with a mix of consulting and field experience.
• Total Rewards Design Principles: Strong understanding of total rewards design principles and their application, along with business acumen.
• Job Evaluation Frameworks: Familiarity with one or more leading job evaluation frameworks.
• Annual Compensation Cycles: Experience in conducting annual compensation cycles.
• Benefits Vendor Engagement: Experience in engaging with and onboarding benefits vendors.
• Data Visualization Tools: Proficiency in data visualization tools such as Power BI.
• Education and Certifications: University degree in HR (Masters/MBA preferred) and relevant certifications from recognized professional bodies.

• Collaboration and Teamwork: Ability to work effectively with Talent Acquisition, Business partnering, and other teams to deliver client outcomes.
• Technical Expertise: Strong technical expertise in compensation and benefits.
• Attention to Detail and Analytical Skills: Excellent attention to detail and analytical skills to derive insights efficiently and accurately.
• Problem-Solving: Ability to identify problems, evaluate alternatives, and recommend solutions.
• Communication: Clear and effective communication skills to convey complex ideas simply and clearly.
• Self-Confidence and Adaptability: Self-confidence and ability to adapt to changing organizational needs.
• Listening Skills: Excellent listening skills to understand client needs and deliver tailored solutions.
• Ethical Standards and Confidentiality: Commitment to maintaining confidentiality and upholding ethical standards in all interactions.

About Us: Our organization has extensive experience across various industries, including retail/CPC, banking, insurance, travel & transportation, and healthcare. We operate in supply-rich locations worldwide.