Executive Compensation Consultant Job Description
Executive compensation consultant
provides support preparing various corporate documents utilizing MS Word, PowerPoint, Excel, MS Teams, and Visio.
Executive Compensation Consultant Duties & Responsibilities
To write an effective executive compensation consultant job description, begin by listing detailed duties, responsibilities and expectations. We have included executive compensation consultant job description templates that you can modify and use.
Sample responsibilities for this position include:
Prepare documentation and reports for executive compensation programs for Management Group meetings, Compensation and Benefits Committee meetings and Board of Directors meetings
Collaborate with Finance, HR, Legal, Accounting, Tax and Payroll on executive compensation matters
Understand performance factors/drivers while conducting “stress testing” for viability
Identify plans up for shareholder approval
Work with Business Partners and the HR teams to drive compensation and governance solutions that support major business change initiatives
Collaborate to develop compensation strategies that support business goals and objectives and contribute to the advancement of senior leader compensation solutions
Perform in-depth quantitative and qualitative analyses on existing and proposed compensation programs and trends for the C-suite level programs
Partner with cross functional teams to design and develop high quality analyses and presentation materials for HR Committee and Board of Directors
Contribute in the research, collection, modeling and analysis of compensation data and provide meaningful and actionable information and recommendations to ensure market competitive and internally equitable
Interface with Business Partners and the HR teams to deliver strategic compensation guidance in support of major business initiatives
Executive Compensation Consultant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Executive Compensation Consultant
List any licenses or certifications required by the position: CCP, CECP
Education for Executive Compensation Consultant
Typically a job would require a certain level of education.
Employers hiring for the executive compensation consultant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, MBA, Business, Human Resources, Accounting, Economics, Statistics, Education, Mathematics, Business/Administration
Skills for Executive Compensation Consultant
Desired skills for executive compensation consultant include:
Excel
MS Word
MS PowerPoint
Related HR fields
Tax
Compensation and Benefits
Corporate finance
Data analysis methods
Includes ability to assess information needs and evaluate effectiveness against KO standards
MS Project
Desired experience for executive compensation consultant includes:
Bachelor's degree (related disciplines such as Business, Math, Economics, Accounting, Finance, - Statistics is also preferred but not required)
Must have experience with HRIS applications
Equity Compensation knowledge/experience a strong plus
Provide compensation subject matter expertise in support of Mergers & Acquisitions (M&A) activities (due diligence through to closing) as needed
Continuously seek opportunities for efficiency and effectiveness through process improvement, automation and streamlining
Assist in the design and modification of the executive compensation program enabling the attraction, motivation and retention of top talent
Executive Compensation Consultant Examples
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Executive Compensation Consultant Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of executive compensation consultant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for executive compensation consultant
- Provide ongoing analysis of executive pay to management and develop recommendations to address the attraction and retention of top talent
- Assist in the preparation of the annual proxy statement and annual report
- Assist in developing, implementing and administering HR programs within executive compensation
- Research content and assist in the development board presentations
- May assist and train other team members
- Manage special projects as they are required
- Develop recommendations for compensation arrangements for executives
- Designing executive pay strategies - linking pay to corporate performance
- Executive and non-executive director pay benchmarking
- Advising on performance measures for incentive plans and modelling performance outcomes
Qualifications for executive compensation consultant
- Bachelor’s degree in related discipline (accounting, finance and/or statistics)
- Corporate governance consulting
- Investor relations consulting, including liaison with institutional investors
- Preparation of remuneration committee papers, and reviewing and drafting of remuneration committee reports
- The role of Assistant Manager / Manager offers a wide variety of work, enabling you to gain real breadth and depth to your skills
- The day to day provision of a wide variety of advice to clients
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Executive Compensation Consultant Job Description
Job Description Example
Our company is searching for experienced candidates for the position of executive compensation consultant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for executive compensation consultant
- Crafts, implements and executes compensation communication plans for area(s) of responsibilities
- Manages all relevant day to day agency and vendor relationships including ensuring licensure compliance
- Assist with the design, governance and implementation of short-term incentive plans and sales incentive plans
- Work with compensation colleagues and Business Unit senior HR leaders to establish a consistent approach to assess and monitor effectiveness of incentive plans
- Evaluate and determine appropriate short-term and long-term incentive pay mix
- Perform benchmark analyses and present to Total Rewards Management
- Consult with Directors/Managers and Human Resources on issues pertaining all areas of compensation management
- Work collaboratively with HR and operations leaders on projects
- Work in collaboration with leadership to develop and implement uniform compensation practices (such as policies, procedures and guidelines), design compensation programs
- Conduct the job evaluation process, consult with HR partners and managers who are creating or revising positions to develop job descriptions that meet internal standards and that reflect actual essential functions and minimum requirements
Qualifications for executive compensation consultant
- Experience in the area of executive compensation
- Excellent interpersonal skills - an ability to deal effectively and establish rapport with people at all levels (clients, partners and staff)
- Strong working knowledge of all areas of compensation
- Able to navigate through ambiguity
- A minimum of 5 years of compensation experience (preferably including some executive compensation experience) and a genuine interest in this field
- Experience designing annual, equity, stock and other long and short term incentive programs
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Executive Compensation Consultant Job Description
Job Description Example
Our company is looking to fill the role of executive compensation consultant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for executive compensation consultant
- Coordinate with HRIS and Recruitment to ensure consistent administration of pay practices
- Participate in the design and development and implementation of new or alternative pay programs
- Consult with HR Business Partners and leaders on compensation programs and practices that pertain to executive compensation
- Manage multiple programs related to executive compensation, including Special Incentive Awards, Stock Ownership Guidelines, and Detrimental Conduct provisions
- Provide leadership or key contributor role for compensation processes or systems
- Support the development and administration of executive incentives
- Assist in the preparation of quarterly reports to support incentive compensation incentive accrual
- Provide secondary administration of equity programs
- Perform routine and advanced analytics
- Administration and coordination of incentive plans, including analysis and maintenance of the plans the systems or databases used to manage the data
Qualifications for executive compensation consultant
- Creative, analytical and results-driven orientation, demonstrated through the ability to draw conclusions, themes, and trends from data analysis and communicate results effectively
- Proven experience successfully managing multiple, multi-faceted projects and producing quality deliverables on time and within budget
- An executive presence with polished and well developed communication skills
- Self-starter attitude and ability to work within ambiguity
- Develops and implements advanced concepts, techniques, standards, and/or innovative compensation principles and ideas
- Viewed as functional compensation expert within KP
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Executive Compensation Consultant Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of executive compensation consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for executive compensation consultant
- Create and maintain incentive plan documents
- Prepare communications related to the executive compensation programs
- Provide audit support for the Compensation COE
- Assist in the preparation of compensation committee documents
- Assist in the administration of expatiate compensation
- Generating revenue through development, building and maintaining of new client relationships
- Providing guidance to team members
- Providing consulting services to Compensation Committees and/or senior management on a variety of remuneration issues, including competitiveness of pay and benefits, performance measurement, and governance and regulatory implications
- Estimates time requirements for input to project costing and draw on additional resources as needed
- Support various reward analytical duties, such as job evaluation, market pricing, long term and short term incentive plans and preparing compensation conclusions and recommendations on a wide variety of reward consulting projects
Qualifications for executive compensation consultant
- Understanding of all elements of compensation, including short and long-term incentive design and sales incentive plans
- Bachelor’s degree and CPA certification is required
- Significant experience consulting at the Board level
- An executive presence with polished and well developed written and oral communication skills and ability to influence senior management and work across all levels of an organization
- Collaborative business style to introduce new programs and value added services internally and to client organizations
- Superior analytical skills and understanding of human resource and financial issues within major global organizations and in entrepreneurial environments
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Executive Compensation Consultant Job Description
Job Description Example
Our growing company is looking for an executive compensation consultant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for executive compensation consultant
- Reviews Excel exhibits in PowerPoint presentations and initial conclusions prepared by analysts
- Prepare draft reports and final reports for clients, including exhibits, summaries, and recommendations
- Provide conceptual and process support services to clients and to the Consultants who manage the clients
- Become proficient in Hay Group consulting framework, methodologies and technologies by attending assigned online learning, webinars, internal/external seminars, participating in consulting projects, reading and researching relevant literature
- Provide sales, marketing and proposals support for the region business development activities
- Collect and/or deliver information on client sites as part of a team working under the guidance of a project leader
- May have more substantive conversations with client contacts at manager level and below to explain information provided, clarify requests for information
- Begin to develop client network, proactively reaching out to clients and prospects to discuss issues and needs and forming productive relationships
- Actively participate in sales activities at smaller organizations
- Identify trends, collate and distribute industry research/analysis to contribute to colleagues’ understanding of the issues
Qualifications for executive compensation consultant
- 6+ years of compensation management experience and a genuine interest in this field
- Demonstrated hands on experience with special equity and incentive plans in a broad array of compensation related areas
- Some experience with special equity and incentive plans for situations such as IPO’s, LBO’s, M&A’s, divestitures and entrepreneurial starts ups will be a plus
- Demonstrated success or strong evidence to support new business generation
- Interest and ability to travel globally and foreign language skills desirable
- Bachelors degree required, relevant post-graduate qualification preferred