What are the responsibilities and job description for the Compensation Consultant position at Saxon Global?
Position: Senior Compensation Consultant
📍 Location: Chicago, IL 60606 — Hybrid
đź’Ľ Job Type: Full Time
About the Role
We are seeking an experienced Senior Compensation Consultant to provide strategic compensation consulting and advisory services to clients. This role will partner with senior management to develop compensation strategies, address attraction and retention needs, and deliver innovative, technology-enabled solutions.
The ideal candidate brings strong compensation expertise, excellent client relationship skills, and the ability to lead complex projects while mentoring junior team members.
What You’ll Do
- Structure, direct, review, and interpret analyses performed by project teams.
- Develop compensation strategies, philosophies, and programs that address clients’ attraction and retention needs.
- Advise senior management on compensation issues, including:
- Pay strategy, structure, and competitiveness
- Job architecture design
- Digital activation of compensation designs
- Embrace AI and technology-enabled tools to enhance compensation solutions.
- Manage day-to-day client interactions and build strong, long-term client relationships.
- Provide guidance and oversight to junior team members while ensuring high-quality deliverables.
- Generate revenue by developing new client relationships, expanding existing engagements, and identifying cross-selling opportunities.
What You’ll Need
- Bachelor’s degree in Business, Human Resources, Finance, or a related field.
- 8 years of experience in compensation consulting or related HR advisory roles, with demonstrated subject matter expertise.
- Proven ability to manage multiple large-scale projects and complex client engagements.
- Deep knowledge of:
- Compensation strategy
- Compensation technology
- Incentive plan design
- Market analysis methodologies
- Regulatory compliance
- Strong client relationship management skills, with experience advising senior executives.
- Excellent communication, presentation, and leadership skills.
- Proficiency in Microsoft Office, particularly Excel and PowerPoint.
- Intellectual curiosity and a proactive approach to problem-solving and coaching.