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Compensation Consultant

Motion Recruitment

This is a Full-time position in Chicago, IL posted May 1, 2021.

Our client
– a major insurance company
– is hiring for a Compensation Consultant to join their team in Remotely!

***This role is a 6 month extendable contract opportunity***

***Candidates must be authorized to work full-time in the US now and in the future***

Responsibilities:
Leads the development and ensures the consistent administration of equitable and competitive compensation programs that comply with legal and regulatory requirements and that support the achievement of organizational objectives.

Provides consultation, guidance, and direction to company leaders on compensation programs, policies and strategies.

Serves as subject matter expert on job design, incentive design, and market pricing.

Develops competitive and equitable compensation programs that comply with legal and regulatory requirements.

Provides consultation, guidance, and direction to company leaders on compensation programs, policies and strategies.

Leads the job design process, including job documentation and market analysis for assigned client groups.

Determines the total cash compensation and the placement of jobs in the pay structure based on external competitiveness and internal equity.

Analyzes the effectiveness of compensation plans and provides recommendations for improvement in order to drive desired behavior and support organizational objectives.

Prepares annual salary planning benchmarking, cost analyses, and merit matrix adjustments.

Manages the consistent implementation of a base compensation framework including salary ranges and merit guidelines in alignment with job design and grading frameworks.

Collaborates with the business and HR stakeholders to understand the compensation impacts of organizational changes, the workforce planning needs of business, and the competitive landscape of the labor market.

Ensures job functions, job families, and titles are consistent, aligned with the marketplace, and support internal organizational structures.

Serves as a project lead for various compensation-related special projects.

***This role is a 6 month extendable contract opportunity***

***Candidates must be authorized to work full-time in the US now and in the future***

You will receive the following benefits:
Medical & Dental Insurance Health Savings Account (HSA) 401(k) Paid Sick Time Leave Pre-tax Commuter Benefit

Applicants must be currently authorized to work in the United States on a full-time basis now and in the future.

Motion Recruitment Partners is parent company to Jobspring Partners and Workbridge Associates, leading providers of IT Staffing Solutions (Contract, Contract-to-Hire, and Direct Hire) in major North American markets.

Our unique expertise in today’s highest demand tech skill sets, paired with our deep networks and knowledge of our local technology markets, results in an exemplary track record with candidates and clients.

Seniority Level Mid-Senior level Industry Health, Wellness and Fitness Employment Type Contract Job Functions