Top Compensation Executive leads an organization's compensation department. Champions timely and robust data collection and analysis processes that support research and market, pay equity, and other compensation studies. Being a Top Compensation Executive is responsible for leading the strategic planning of compensation and equity programs, ensuring those programs align with organizational goals, initiatives, and budgets. Ensures proper collection and analysis of compensation data, including surveys, market research and analysis, and pay equity. Additionally, Top Compensation Executive keeps abreast of regulatory, market, and practice changes and trends. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to top management. The Top Compensation Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Compensation Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
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
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Based on candidate experience and qualifications may consider a management role.
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