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Interim Compensation Consultant (ID : 47166)

Interim Compensation Consultant (ID : 47166)

VersiqueMinneapolis, MN
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As an experiencedCompensation Consultant, you will lead the development of a formal compensation strategy and infrastructure. This role will partner closely with executive leadership and HR to scope and deliver a customized project that establishes a compensation philosophy, bands, levels, and structure for approximately 25 job titles. The work is project-based, flexible in terms of hours, and is targeted for completion by the end of Q3.

Worksite Location :   Hybrid flexible, Minneapolis, MN office.

Salary Range :   Hourly rate between $85-$110, DOE

Benefits :   Versique offers comprehensive benefits, including medical, dental, vision, accident / critical illness insurance, Healthiest You, MN ESST, and a 401k with a company match.

Roles & Responsibilities :

  • Collaborate with leadership to define and implement a compensation philosophy
  • Design compensation infrastructure, including job families, bands, levels, and pay grades
  • Review and align approximately 25 job titles to the defined structure
  • Evaluate and incorporate job competencies into the compensation strategy
  • Conduct compensation benchmarking and provide data-driven insights
  • Partner with stakeholders to assess and revise job descriptions as needed
  • Present recommendations and documentation to leadership for implementation

Required Skills & Experience :

  • Strong experience in strategic compensation design and implementation
  • Ability to consult with leadership and influence compensation philosophy
  • Proficiency in compensation benchmarking tools and methodologies
  • Experience creating job levels, families, titles, and pay bands
  • Comfortable working independently and managing a scoped project timeline
  • Experience aligning competencies with compensation frameworks
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    Compensation Consultant • Minneapolis, MN