Compensation Consultant
We’re looking for those individuals the creative thinkers and innovation seekers who are content with nothing short of changing the world.
Discover the endless opportunities within the Medical College of Wisconsin (MCW) and be inspired by the work we can do together to improve health, and make a positive, daily impact in our communities.
In the role of Compensation Consultant you will collaborate with managers and department leadership to maintain consistent, accurate and timely compensation consultation.
Provide analysis of compensation trends and provide guidance for annual compensation planning. Develop presentations and graphical representations of data in support of recommendations.
Work collaboratively with HR team members including Talent Acquisition, Benefits, Data and HRIS, Faculty Affairs and Talent Planning and Development.
Primary Functions
- Ensure compliance with all appropriate federal, state and local laws and regulations, both domestically and internationally.
- Perform job mapping and compile compensation data files for participation in global compensation surveys to ensure competitive pay practices are maintained.
- Review and analyze requests for new or revised positions to determine appropriate salary grade assignment.
- Conduct annual and ad-hoc market pricing for all MCW positions to ensure market competitiveness is maintained. Analyze labor market information and assist with the maintenance of wage and salary guidelines.
- Maintain job description templates and employee files to ensure all positions are documented.
- Perform job evaluations for all positions to ensure institution-wide consistency in titles and grades. Utilizing FLSA standards and guidelines, place positions in appropriate classifications.
- Evaluate compensation budget submission for each department as part of the annual budget cycle.
- Perform detailed data analysis and manipulation with very granular level data while summarizing and presenting relevant findings to multiple levels of stakeholders.
- Provide organizational support to the business / financial / operational leaders through internal management reporting and dashboards and a variety of business analysis.
- Research, analyze, and measure compensation solutions to ensure competitive pay practices.
- Use computer databases, electronic spreadsheets, desktop publishing, word processing, and statistical applications to manipulate, analyze, develop and present data.
- Provide insightful analysis and design creative visual displays of information that tells the story appropriate for reporting to senior level executives and management.
- Initial point of contact for all general compensation inbox inquiries. Provide response to questions or delegate inquiries to appropriate team member for assistance.
- Other duties as assigned.
- Certification : Certified Compensation Professional (CCP) preferred
All remote work must be performed within one of the MCW registered payroll states, which currently includes : WI, AZ, FL, IL, IN, MD, MI, MN, MO, NC, TN,TX, and UT.
Knowledge Skills Abilities
Effective verbal and written communication skills Ability to work effectively with others in problem identification and resolution.
Ability to manage stressful situations effectively. Ability to foster teamwork. Effective oral and written communication skills.
Ability to clearly communicate information necessary for business success. Demonstrates ability to conceptualize. Ability to set and communicate priorities;
effectively planning and organizing the work of the group. Ability to maintain confidences. Ability to demonstrate personal integrity in all interactions.
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Preferred Schedule :
Monday - Friday 8 : 00-5 : 00
Position Requirements :
Specifications
Appropriate experience may be substituted for education on an equivalent basis
Minimum Required Education : Bachelor’s Degree
Minimum Required Experience : 2-3 years of compensation or Human Resrouces related experience
Preferred : Compensation Certification
Field : human resources, compensation, business administration
Why MCW?
- Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options
- 403B Retirement Package
- Competitive Vacation and Paid Holidays offered
- Tuition Reimbursement
- Paid Parental Leave
- On campus Fitness Facility, offering onsite classes.
- Additional discounted rates on items such as : Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc.