Status Category:
Full-Time
Exempt/Non-Exempt:
Exempt
Scheduled Hours Per Week:
40
Job Code:
ES104
With over 120 offices and nearly 7,000 associates in major metropolitan areas and suburban cities throughout the U.S. CBIZ (NYSE: CBZ) delivers top-level financial and employee business services to organizations of all sizes, as well as individual clients, by providing national-caliber expertise combined with highly personalized service delivered at the local level.
CBIZ is honored to be the recipient of several national recognitions for 2023:
- Best and Brightest Companies to Work for in the Nation
- Top Workplaces USA
- Best Places to Work in Insurance
- Best and Brightest Companies in Wellness
- Great Place to Work Certification
CBIZ Benefits & Insurance Services is a division of CBIZ, Inc., providing benefits consulting, HRIS technology, payroll, human capital management, property and casualty, talent and compensation solutions, and retirement plan services to organizations of all sizes. CBIZ is ranked as a Top 20 Largest Broker of U.S. Business (Business Insurance Magazine) and a Top 100 Retirement Plan Adviser (PLANADVISER).
CBIZ's Compensation practice is currently searching for a talented professional for the position of Compensation Consultant in our St. Louis, MO office. The Compensation Consultant conducts analysis and research in conjunction with other CBIZ consulting professionals to design and develop strategic compensation and total rewards programs that contribute to our clients' success and support their business strategies and objectives.
As a Compensation Consultant, you will be critical in advising and managing clients on compensation strategies, structures, and practices. You will be responsible for providing expert guidance on compensation planning, market analysis, and compliance with regulatory standards. Your goal will be to help clients develop competitive compensation packages that align with their business objectives and attract, retain, and motivate top talent.
Essential Functions and Primary Duties
Client Management:
Develop and maintain strong relationships with clients, understanding their business needs and compensation goals.
Serve as the primary point of contact for clients, ensuring timely and effective communication.
Provide regular updates to clients on project progress, market trends, and industry best practices.Compensation Strategy and Design:
Assess and analyze clients' current compensation structures and practices.
Develop customized compensation strategies and plans that align with clients' business objectives and market conditions.
Design and implement base salary structures, incentive programs, and other compensation elements.Market Analysis and Benchmarking:
Conduct market research and competitive analysis to determine appropriate compensation levels.
Utilize compensation survey data to benchmark positions and recommend salary adjustments.
Prepare and present comprehensive compensation reports to clients.Regulatory Compliance:
Ensure clients' compensation practices comply with federal, state, and local regulations.
Advise clients on legal and regulatory issues related to compensation, including wage and hour laws, pay equity, and reporting requirements.Communication and Training:
Develop and deliver presentations and training sessions to clients on compensation-related topics.
Create communication materials to help clients effectively convey compensation plans to their employees.
Provide ongoing support and education to clients on compensation best practices and trends.- Project Management and Continuous Improvement:
Manage compensation projects from inception to completion, ensuring they are delivered on time and within budget. Stay current with industry trends, market conditions, and best practices in compensation management. Identify opportunities for process improvements and recommend innovative solutions to clients.
Preferred Qualifications
- Bachelors Degree
- 2 years of Compensation experience preferably in Broad Compensation or Executive Compensation
- Prior experience in compensation consulting or appropriate professional and leadership experience
Minimum Qualifications
- High School diploma or GED required
- 3 years of experience in related field
- Achieve professional certifications relative to area of expertise, must have and preserve required licenses
- Must be able to work in a team environment
- Presentation skills mandatory
- Proficient use of applicable technology
- Demonstrated ability to communicate verbally and in writing within all levels of an organization, both internally and externally
- Must be able to travel based on client and business needs
#LI-CM #LI-hybrid
CBIZ.Jobs Category: Client Management
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