Reporting to the Director of Compensation, the Compensation Consultant will be responsible for administering the organization's compensation programs and processes across the organization. The incumbent will provide support to People & Culture Business Partners and business leaders to identify and address compensation issues and evangelize Consumers Energy’s compensation strategy. This position also represents the client's point-of-view in key corporate compensation initiatives and the corporate point-of-view with client groups.
Duties and Responsibilities
- Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, and premium pay
- Perform deep analysis on effectiveness and competitiveness of existing compensation programs and models potential impact of alternatives
- Develop and deliver presentations about compensation programs to influence and educate senior level decision-makers
- Collaborate with the Compensation leadership team to execute strategic, companywide compensation decisions
- Partner with People & Culture Business Partners on compensation issues, and work on a variety of special compensation projects as needed
- Conduct job evaluations using market data and internal evaluation
- Provide context, interpretation and recommendations for results of standard compensation reports
- Respond to compensation questions from internal customers, and persuasively deliver recommendations to decision-makers
- Evaluate market and economic trends and help drive enhancement of various compensation program capabilities
- Provide analytical and technical support in the delivery of compensation programs. This includes the analysis of plan design alternatives, expense and implications, market compensation studies and external benchmarking.
- Partner with relevant stakeholders to ensure appropriate system and administration processes are in place to deliver compensation programs, including annual compensation activities.
- Use analytical rigor to interpret quantitative and qualitative information and be able to translate complex data in a straight-forward and concise manner.
- Develop effective working relationships with various internal and external resources (including legal, accounting/finance, payroll, etc.) to ensure that all actions, plans and programs pertaining to compensation comply with internal corporate governance guidelines and external regulatory requirements and reporting.
- Other duties as assigned.
- Ability to function independently with a high level of autonomy and discretion.
- Ability to develop and foster business relationships with leaders.
- Ability to clearly and concisely present information of a complex nature.
- Strong project management skills; ability to manage multiple projects at the same time.
- Proficiency in the use of Microsoft applications with advanced Excel abilities to create complex formulas and queries
- Excellent verbal and written communication
- Ability to maintain a high level of integrity in handling confidential and sensitive information
- Exceptional commitment to detail and accuracy in all levels of work
- Capacity to learn new skills and gain knowledge on an independent level
- Bachelor’s degree in Human Resources, Business, or related field
- Master’s degree in Human Resources or Business preferred.
- Certified Compensation Professional (CCP) designation preferred
- Five (5) years of compensation consulting; 7 years of experience is preferred
- Experience as a compensation analyst is also preferred
- Vendor management experience is desirable
Conduct or participate in salary surveys, assist in the conducting of job analyses and recommending appropriate classifications and salary levels for existing and new classifications. Conduct a variety of research projects, prepares written reports as required. May make presentations on a variety of topics to employees or management staff. Establish and maintain effective working relationships with department heads, supervisors, employees and Human Resources team members/peers. Provides advice and counsel to clients and employees related to compensation practices and procedures.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; stand; walk; and stoop, kneel, crouch, or crawl; use hands to handle objects, tools, or controls; and reach with hands and arms. The employee frequently is required to talk or hear. The employee will be using a computer and the associated keyboard and mouse. The employee must frequently lift and move up to ten pounds and occasionally lift and move up to twenty-five pounds. Specific vision abilities required by this job include close vision, color vision, depth perception, and the ability to adjust focus. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
Hours and Travel
Maintain regular, predictable and punctual attendance during regularly scheduled work hours at assigned worksite. Meet travel requirements of the position.
Position will be filled at the appropriate salary grade based upon the skills, knowledge, and experience of the selected candidate.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, sexual orientation, gender identity or national origin.