Compensation Consultant
Sleep Number
- Minneapolis, MN
- Permanent
- Full-time
Primary Responsibilities
- Provide expertise and guidance to business leaders and Human Resources Business Partners on a range of day-to-day compensation topics, including market analysis for new positions and promotions, and staying ahead of retention issues.
- Develop insightful and impactful modeling and reporting to enable data supported recommendations and decisions.
- Bring industry experience and a point of view to drive process improvement.
- Produce workforce analytics and proactively identify trends that are affecting the business.
- Collaborate with Sales leadership, Home Delivery, and Headquarters leaders on compensation plan revisions to drive improved business results.
- Participate in compensation surveys to collect and analyze competitive salary data utilizing Market Pay.
- Collaborate and provide analysis/recommendations on compensation strategy for the company through compensation owned projects.
- Participate in compensation owned workday processes and administration.
- Successful completion of annual merit processes
- Accurate and timely variable pay calculations and accruals
- Ensure compensation programs align with the company's philosophy
- Generation of workforce analytics and reporting of insights
- Analysis and reporting completed to make informed business decisions
- Accuracy in the work
- 7+ years Human Resources, Finance, General Business and/or Compensation experience
- 4 year college degree or equivalent
- Proven experience acting as a subject matter expert to the business
- Advanced level Excel skills
- Knowledgeable in compensation best practices
- Experience with Compensation Management Platforms
- Adept at understanding complex concepts and situations presented by the business
- Demonstrated ability to partner and collaborate across teams
- Demonstrated ability to manage change, multiple priorities, and meet deadlines
- Excellent written and verbal communication
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“Sleep is integral to a happy healthy lifestyle and it has such a huge impact on everyday life. Sleep Number is a unique company to work for because you're truly helping people.” Sophia, Customer Service Representative
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Sleep Number is an equal opportunity employer, committed to recruiting, hiring and promoting qualified people of all backgrounds, regardless of sex; race; color; creed; national origin; religion; age; marital status; pregnancy; physical, mental, communicative or sensory disability; sexual orientation; gender identity or any other basis protected by federal, state or local law.
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