Compensation Consultant
About the role
Regular or Temporary
Language Fluency
Work Shift
Please review the following job description
Analyzes, designs, implements, and evaluates compensation programs and incentive compensation plans to ensure competitive, equitable, compliant, and business-aligned practices. Supports the full lifecycle of incentive compensation programs, including plan design, governance, administration, risk assessment, reporting, process improvement, technology enablement, and strategic projects. Manages large, moderately complex compensation initiatives, provides consultation and guidance to business leaders and partners, and develops solutions to complex compensation and incentive compensation challenges.
**Position has in office expectations 5 days a week. Role can sit in Atlanta, GA, Orlando, FL or Charlotte, NC. This is NOT a remote opportunity.***
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
- Supports the design and administration of compensation programs including salary structures, incentive plans, and pay policies under limited supervision.
- Reviews compensation plans covering base pay, short-term and long-term incentives, allowances, deferred compensation, and sales compensation.
- Analyzes compensation through job analysis, classification, benchmarking, and participation in market surveys.
- Identifies, develops, and supports non-cash rewards and recognition programs to enhance employee engagement.
- Performs analysis of general compensation-related issues and draws from prior experience to make adjustments or recommend enhancements to solve problems.
- Analyzes and reviews competitive compensation assessments and makes recommendations to ensure internal equity and market competitiveness.
- Understands regulatory requirements related to compensation programs.
- Works on large, moderately complex compensation and reward program projects and assignments and provides guidance to lower-level professionals.
Required Qualifications
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Bachelor's degree or equivalent education, training, and work-related experience.
- Minimum of 5 years of professional experience as a compensation professional.
- Strong working knowledge of compensation programs.
- Proficiency in Microsoft Office applications, especially Excel and PowerPoint.
Preferred Qualifications
- Advanced graduate degree in Business, Finance, Human Resources, or related field.
- Experience in the financial services industry.
- Certified Compensation Professional (CCP) designation.
- Project management experience.
- Experience working with HRIS systems and Market Data tools.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation
Not included in the source posting: about the role.
Skills
Who can apply
The employer didn't state any visa, work authorization, citizenship or clearance requirements in this posting. Confirm with the employer before applying.
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