Huron Consulting Group Sr. Compensation Analyst
Huron is redefining what a global consulting organization can be. Advancing new ideas every day to build stronger clients, individuals and communities. We're helping our clients find new ways to drive growth, enhance business performance and sustain leadership in the markets they serve. And, we're developing strategies and implementing solutions that enable the transformative change they need to own their future. As a member of the Huron corporate team, you'll help to evolve our business model to stay ahead of market forces, industry trends and client needs. Our accounting, finance, human resources, IT, legal, marketing and facilities management professionals work collaboratively to support Huron's collective strategies and enable real transformation to produce sustainable business results. Join our team and create your future.
The Sr. Compensation Analyst works collaboratively with the Sr. Director of Compensation and the HR Business Partners of the practice areas. This position is responsible for supporting the various compensation programs at Huron which includes market trend analysis, mid-year and year-end compensation planning and compensation technology. This role will assist the compensation team with the management of practice-specific compensation programs. The Compensation function at Huron is viewed by the executive team as very important to the success of the business. The Compensation group works very closely with finance, legal, benefits, the head of HR and the business leaders. This role requires the highest level of customer service, integrity, accuracy, ethical standards, and interest in working in a dynamic and collaborative team environment while also exercising appropriate autonomy when needed to meet job requirements.
The Sr. Compensation Analyst is responsible for taking ownership in the following areas :
- Lead the process for international compensation, including review of market trends, benchmarking salary structures and serve as the compensation liaison with the international HR teams located in India, Canada and the UK
- Conduct annual and ongoing market trend analysis for consulting and corporate structures
- Serve as the liaison with salary survey vendors, including organizing salary survey submissions and consulting with for market trend information
- Lead the transition of outsourcing tasks to the offshore team and later serve as liaison for all tasks completed outside of the compensation team
- Maintain the stock administration process for the organization
- Serve as the Project Manager for PayFactors, the Huron Market Compensation database
- Conduct semi-monthly Pay Audits as part of the SOX compliance
The Sr. Compensation Analyst will also act as a resource to the compensation team in the following areas :
Support the compensation leads dedicated to each Huron practice with practice-specific initiatives, including market pricing and salary modelingAssist the Year-End compensation cycle, including testing files, bonus modeling and owning process communications and calendarsProvide support to the implementation of the compensation tool, Cornerstone, including testing and auditing Huron dataSr. Compensation Analysts are required to demonstrate a high level of performance in the following :
Client Relationship ManagementBe recognized by your clients as a trusted strategic advisor through your understanding of their business and delivering compensation solutions that support the business needsProvide a consistent level of communication and relevant data points keeping your clients informed of priorities, activity, results, and external market informationEstablish and foster collaborative working relations with key clients and stakeholders that can include Business Leaders, HR, Operations, Recruiting, and LegalModeling and AnalysisDevelop complex spreadsheet models for financial analyses to determine the impact of compensation plan design changes or new plan proposalsRun and compile various reports and documentation as requested by or in support of finance, accounting, operations and managementAll reports, analysis and documentation created or provided must have the highest level of data integrity and accuracy; attention to detail is critical for this roleAdministration and ComplianceProvide all support necessary to run the year-end and mid-year pay administration processes for assigned groupsProvide documentation, support and review to ensure SOX controls and compliance is maintainedAnalyze jobs to evaluate FLSA status and maintain documentation validating evaluationCommunicationEducation of employees related to stock plans and programsDesign and deliver compensation training and guidanceProvides guidance and education regarding compensation policies and proceduresPartner with department managers to ensure that compensation programs, processes and competitive pay benchmarks are understood and aligned with the business strategyProject ManagementCandidate Requirements :
Huron requires a Bachelor's Degree in a field related to this position or equivalent work experience.2-4 years of related experienceStrong math and analytical skillsExpert knowledge of the use of ExcelAttention to detail, ability to multi-task, and prioritizeStrong verbal and written communication stills, as well as strong interpersonal skillsPreferred Qualifications :
ExperienceExperience in the professional services industryHighly proficient in analytics and modelingKnowledge of accounting and finance implications of compensation plans and programsKnowledge of various HR technology systems, including UltiPro (HRIS), Cornerstone (Compensation Tool) and PayFactors (Market Database)SkillsExceptional organizational skills to manage data, manage multiple projects, coordinate and communicate across large teamsAttributesChange agility and strong attention to detail to oversee multiple priorities, drive desired results and maintains client and team satisfactionThrive in a collaborative environment with the ability to capitalize on a diverse group of professional skills and personalitiesClient service consultative mindset and acumen in developing and leading compensation programs in a complex, dynamic and fast-paced environmentOther InformationTravel for this position is minimal to none (0-5%)#LI-EA1#LI-RemoteThe estimated base salary range for this job is $90,000-$120,000. The range represents a good faith estimate of the range that Huron reasonably expects to pay for this job at the time of the job posting. The actual salary paid to an individual will vary based on multiple factors, including but not limited to specific skills or certifications, years of experience, market changes, and required travel. This job is also eligible to participate in Huron's annual incentive compensation program, which reflects Huron's pay for performance philosophy. Inclusive of annual incentive compensation opportunity, the total estimated compensation range for this job is $103,500-$138,000. The job is also eligible to participate in Huron's benefit plans which include medical, dental and vision coverage and other wellness programs.The job is also eligible to participate in Huron's benefit plans which include medical, dental, and vision coverage to employees and dependents; a 401(k) plan with a generous employer match; an employee stock purchase plan; a generous Paid Time Off policy; and paid parental leave and adoption assistance. Our Wellness Program supports employee total well-being by providing free annual health screenings and coaching, bank at work, and on-site workshops, as well as ongoing programs recognizing major events in the lives of our employees throughout the year. All benefits and programs are subject to applicable eligibility requirements. Huron is fully committed to providing equal employment opportunity to job applicants and employees in recruitment, hiring, employment, compensation, benefits, promotions, transfers, training, and all other terms and conditions of employment. Huron will not discriminate on the basis of age, race, color, gender, marital status, sexual orientation, gender identity, pregnancy, national origin, religion, veteran status, physical or mental disability, genetic information, creed, citizenship or any other status protected by laws or regulations in the locations where we do business. We endeavor to maintain a drug-free workplace.