Under the general direction of the Director, Compensation or designee, the Sr. Compensation Consultant provides consultation to line management and Human Resources on a variety of compensation programs, policies and issues for assigned functional areas. This includes design and development of new compensation programs, base pay and reward programs such as variable pay, incentives, recognition awards, etc. Develop innovative compensation solutions/programs to assist management in meeting the organization's needs while remaining cognizant of the budgetary restraints.
In conjunction with the Compensation Director, play a key role in the design, development and implementation of compensation policies and strategies that support the needs of UMMS various business units, to include the research and recommendation of new technologies that will better service the UMMS client populations.
Lead the competitive analysis function for UMMS positions, including executive compensation participants, and the designing and implementation of new process/ automated tools.
Act as the project lead for a thorough review of all UMMS compensation practices, provide recommendations for improvements to the Director utilizing the LEAN methodology, and assist with the implementation of changes.
Research and identify appropriate survey resources to develop a robust survey library to enhance market data available for competitively positioning UMMS jobs.
Serve as a key support member of the Compensation Review Committee for assigned business units and act as a key resource in the design of the Compensation Review committee for non-assigned business units.
In conjunction with the Program Specialist, provide input for the development of educational/training programs for managers and employees.
Lead/perform major organizational/position classification studies in conjunction with reorganizations, re-engineering efforts, acquisitions, mergers, etc.
Perform analytical studies in a variety of compensation areas, such as internal and external equity, competitive pay practices, incentive compensation, and emerging trends. Recommend policy and/or program changes.
Research a variety of compensation issues and recommend solutions, policies, procedures, corrective action, etc.
Investigate and recommend solutions to pay inequities, and recommend the grading of positions. Present recommendations to management staff, Human Resource Business Partners, Labor Relations, and union representatives where appropriate.
Assist in ensuring the fair and consistent administration of compensation programs within client organizations.
Review and recommend the approval of a variety of compensation actions such as promotions, above guideline job offers, off cycle pay increases, etc.
Lead assigned major/complex projects in a variety of compensation-related areas. Provide direction and guidance to assigned staff and consultants for the satisfactory performance of projects.
Perform other duties as required.
Bachelor's degree in Business Administration with concentration in Human Resources, or equivalent experience
7 years of compensation, or related experience.
Requires knowledge of compensation theory, principals and practices; demonstrated superior analytical skills; excellent knowledge of spreadsheet applications and Microsoft Office products; and the ability to lead and manage complex projects.
Excellent interpersonal, oral, written and communication skills necessary to interact with all organizational levels.