What are the responsibilities and job description for the Compensation Consultant, Specialist position at hackajob?
hackajob is collaborating with Vanguard to connect them with exceptional professionals for this role.
Consults business leaders on the organization's compensation strategies programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Links external best practices to internal compensation processes.
Core Responsibilities
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission—we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
Consults business leaders on the organization's compensation strategies programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Links external best practices to internal compensation processes.
Core Responsibilities
- Acts as a lead compensation expert to advise divisional senior management on aligning the pay programs, policies and procedures with organizational goals. Implements creative solutions to specific compensation-related programs.
- Ensures the effectiveness of existing compensation practices and regulations compliance, recommending timely revisions when needed, and keeping senior managers informed of any updated policies.
- Oversees the data within the HRIS to ensure the accuracy of compensation information including merit and incentive calculations, approvals for award payments, and payment records.
- Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay strategies and implementation based on findings. Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies.
- Coaches and contributes to the development of compensation analysts.
- Participates in special projects and performs other duties as assigned.
- Five years related work experience, with at least Two years of Compensation experience.
- Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
- Progress toward CCP preferred.
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission—we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.