Compensation Consultant

Level: Advanced

Location: Springfield/Boston/Hybrid

Reports to: Julia Avery

The Opportunity

Here in our Human Resources organization at MassMutual, our mission is to create a workplace of choice where innovative, diverse and exceptional people thrive together. To help us to achieve this mission, we have a current opportunity for a Compensation Consultant in either our new Seaport Boston office or in our corporate home office in Springfield, MA. As a Compensation Consultant you will be a key member of our team as you develop, coordinate, and administer a variety of programs and activities covering multiple compensation related activities. You will be responsible for maintaining pay structures, conducting market pricing, completing market surveys, and analyzing compensation data. A Compensation Consultant needs to have strong analytical ability, judgment, and communication skills and will have experience in one or more areas of compensation.

The Team

Our Total Rewards team is comprised of a tight-knit group of collaborative professionals. The team’s strengths lie with their communication, thought partnership, and analytical skills with a strong focus on attention to detail. As a Compensation Consultant you will be an integral member of the team partnering with Compensation Consultants assigned to various business areas. Our team members enjoy a hybrid schedule, combining in person office time a couple days a week with the flexibility of being able to work from home as well. As a Compensation Consultant you will also work to build relationships with our other center of excellence teams across HR including our HR Consulting, HR Operations and HRIS teams.

The Impact:

As a Compensation Consultant you will help manage a variety of company-wide compensation activities in support of our enterprise compensation philosophy and total rewards strategy. You will have impact on the overall organization through, but not limited to the below responsibilities:

• Compensation governance, compliance & audits:
  • Oversees pay equity, SOX, FLSA, OFCCP & Minimum wage audit processes.
  • Ensures alignment of Comp Grades & Job Profile tied to open role requisitions & Employee/Organization updates and changes.
  • Updates and maintains accurate incentive targets for individuals, including removal of incorrectly tagged individual targets.
• Salary survey administration & research: Participate in 35+ surveys & upload resulting data to market pricing system. Be an expert in what surveys are available, what provides the most valuable data for MassMutual’s evolving roles, and how to most effectively interpret and use the data available.
• Compensation planning administration: Partner with HRIS, Compensation team, and People Analytics on system-related process work, data testing and validation, and overall execution or annual cycle. Identify and help address process improvements cycle-over-cycle.
• Bi-weekly pay audits: Complete review of outbound & in-process payments prior to pay running.
• Workday & Payfactors system oversight:
  • Lead semi-annual & on-demand Workday system updates & improvements
  • Partner w/HRIS to size, scope, develop, test & implement Workday future enhancements
  • Partner on compensation integrations.
• Partner with others in the identification and implementation of process enhancements
• Compensation data / reporting: Partner with Comp leads on data/reporting needs as needed.
• Provide support for recognition program administration
• Research compensation trends and best practices to share with team, along with potential recommendations for consideration
• Special projects: Provide subject matter expertise & guidance pertaining to compensation & survey information, job framework review and design, and total rewards statement redesign.

The Minimum Qualifications

• Bachelor’s degree
• 4+ years of compensation experience
• Strong collaborative working style
• Effective time management and organization skills.
• Creativity and problem-solving skills
• Focus on continuous improvement and efficiencies beyond own scope of responsibility.
• Strong analytical and critical thinking skills; ability to identify, evaluate, interpret, and organize data
• Strong organizational skills with attention to detail and ability to work effectively in a fast-paced work environment.
• Excellent verbal and written communications skills and strong interpersonal skills. Demonstrated focus on client service and business acumen

The Ideal Qualifications

• Experience with HRIS systems, specifically Workday
• Certified Compensation Professional (CCP) designation (or progress towards designation) a plus

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Compensation team
• Focused one-on-one meetings with your manager
• Access to mentorship opportunities
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, Veteran and disability-focused Business Resource Groups
• Access to learning content on Degreed and other informational platforms
• Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.