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HOPE Staffing

Senior Compensation Consultant

Career Insights for Compensation / Benefits Specialist

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What they do

A Compensation or Benefits Specialist evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.

$65,625 / year median in Illinois

-1% projected decline

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Job Description

Senior Compensation Consultant HOPE Staffing - 5.0 Chicago, IL Job Details Full-time $101,000 - $200,000 a year 12 hours ago Qualifications Peer mentoring Incentive plan management Compensation market research Customer relationship building Market analysis Team leadership Spreadsheets Coaching Client rapport building Regulatory compliance Microsoft Office Bachelor's degree Customer relationship management Compensation strategy management Project delivery management Leading team collaboration initiatives Performance-based pay planning Presentation creation Productivity software Legal compliance Project leadership Certified Payroll Professional Full Job Description Overview As a Principal consultant, you will lead delivery of large-scale projects, coach team members, and solve complex compensation challenges. In addition, you will support the business development process. This is a great opportunity to partner with senior management and HR leaders to develop and deliver compensation strategies that attract, retain, and motivate talent.
What you will do:
Structure, direct, review, and interpret analyses performed by project teams Develop compensation strategies, philosophies, and programs that address clients' attraction and retention needs Provide consulting services to senior management on compensation issues including pay strategy (structure and competitiveness), job architecture design, and digital activation of these designs Thrive and be motivated by an environment that embraces AI and technology-enabled tools Manage day-to-day client interactions, building and maintaining strong relationships Provide guidance and oversight to junior team members, supporting their development and ensuring quality deliverables Generate revenue by developing new client relationships, extending existing engagements, and identifying cross-selling opportunities What you need to have: Bachelor's degree in Business, Human Resources, Finance, or a related field Extensive (8+) years of experience in compensation consulting or related HR advisory roles, with demonstrated subject matter expertise Proven ability to manage multiple large-scale projects and complex client engagements Deep knowledge of compensation strategy, compensation-related technology, incentive plan design, market analysis methodologies, and regulatory compliance Strong client relationship management skills with experience advising senior executives Excellent communication, presentation, and leadership skills Proficiency in Microsoft Office, especially Excel and PowerPoint Intellectual curiosity and a proactive approach to problem-solving and coaching What makes you stand out: Experience leading engagements for global organizations with complex compensation challenges Demonstrated success in leading or supporting business development activities Advanced analytical skills and familiarity with compensation management tools, survey management tools, and AI-enabled compensation agents Demonstrated leadership in developing innovative solutions and thought leadership content .
Pay:
$101,000.00 - $200,000.00 per year
Education:
Bachelor's (Preferred)
Experience:
Compensation Consulting or related
HR Advisory:
8 years (Preferred)
License/Certification:
Certified Payroll Professional (Preferred)
Work Location:
Hybrid remote in Chicago, IL 60606