The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to (accommodation requests only; other inquiries won't receive a response).Regular or Temporary: RegularLanguage Fluency: English (Required)Work Shift: 1st shift (United States of America)Please review the following job description:The Compensation Consultant is responsible for executing on key compensation priorities. This position will provide feedback on compensation strategy, design, implementation, and administration across core compensation initiatives in the space of broad base, sales, or executive compensation. In addition, the role will support compensation products used to deliver innovative solutions that support Client needs.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.
Assist with comprehensive compensation strategies, policies, and programs that attract, retain, and motivate top talent.
Serve as a compensation strategist with internal Client groups consulting on emerging compensation trends, industry best practice, and internal resources.
Conduct market research and analysis to benchmark compensation practices and ensure competitiveness.
Execute on compensation initiatives such as job studies, short- and long-term incentive compensation, and job architecture.
Inform internal client groups on compensation trends, legal requirements, and innovative tools to enhance the existing partnership.
Provide guidance and recommendations on compensation matters, including offer negotiations, promotions, and salary adjustments.
Assist with and deliver training programs and resources to educate managers and employees on compensation philosophy, practices, and policies.
Support special projects and initiatives as assigned by leadership, contributing to the overall success of the organization.
Analyze data, ensuring accuracy, and prepare reports that can be used to inform compensation decisions.
Assist with preparation of required reporting and disclosures as it relates to regulatory compliance requirements.
Partner with leaders to ensure pay equity and consult on remediation plans when necessary.
Create and maintain tools for HRBPs and Talent Acquisition, as well as prioritize HR system updates in an effort to operationalize compensation programs.
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.EDUCATION AND EXPERIENCE
Bachelors Degree (Preferred)
2+ years of experience (Preferred)
CERTIFICATIONS, LICENSES, REGISTRATIONS
None
FUNCTIONAL SKILLS
Experience in Excel
Analytical and quantitative skills
Developing communication skills
Out of the box thinker
Time management skills
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.McGriff Insurance Services supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. McGriff Insurance Services is a Drug Free Workplace.
