The Compensation Consultant is a member of the People & Engagement team within the Human Resources Department at Vanderbilt University and is a key individual contributor responsible for supporting the compensation team and programs by providing data analysis and overseeing data integrity. The Compensation Consultant assists with the full range of the university's compensation programs. The Compensation Consultant works with Human Resources consultants, talent consultants, internal/external entities requesting data, and with campus stakeholders.
The Compensation Consultants assists with the development, implementation, analysis, and monitoring for the effectiveness of new and revised compensation changes, participation in data collection and survey administration, and other work in support of the university's philosophy, goals and competitive market practices.
The compensation and organizational effectiveness team is a specialized area within the office of human resources dedicated to internal compensation and classification consulting, job analysis, pay data collection and evaluation, pay structures, organizational structures, job classifications, market competitiveness, and compliance. Compensation administers the university's staff pay program and provides data-driven consulting services to make informed decisions regarding employee pay. Compensation works to ensure that standard and consistent practices foster a compensation culture that complies with all local, state, federal, and applicable statutes and regulations and the university's policies and procedures are applied.
Duties and Responsibilities
Builds and maintains strong working relationships with departmental stakeholders and centralized HR team members; ensures that inquiries and concerns are handled quickly, appropriately, and with a courteous resolution.
Supports compensation functions by preparing spreadsheets, analyzing data and interpreting results; reporting issues to the compensation team and recommending solutions; maintains documentation for audit purposes; demonstrates expertise relative to compensation practices and programs and delivers services that meet and exceed departmental needs.
Ensures compensation programs are properly administered by reviewing and analyzing materials including but not limited to position descriptions for level and classification; checking for market relevance and as appropriate internal equity; documenting validated information or recommendations for change to individual positions.
Monitors the effectiveness of existing compensation resources and projects; assists with developing recommended revisions and improvements as necessary.
Provides analysis for pay decisions, policy, and guideline interpretation and job evaluations; provides deliverables with an awareness of and urgency around meeting deadlines, understanding impacts on staff and departments, and providing exemplar customer service.
Participates in salary surveys to ensure that compensation programs are competitive with the external market.
Gets the job done; accepts responsibility; addresses problems rather than allowing unresolved issues to fester; models willingness to contribute above and beyond the call of duty; models intrinsic integrity and excellent professional judgment while exhibiting unquestioned discretion with highly sensitive and confidential information. Displays self-awareness and is comfortable asking for help when needed; prioritizes appropriately and checks with leadership when there are competing priorities.
Maintains position descriptions and provides guidance on new and existing positions to appropriate constituents.
Answers routine questions from HR colleagues on the talent and HR teams regarding compensation procedures and policies, and other HR-related topics. Has access to, and accountability for, extremely sensitive/confidential information about employees; treats the information with unquestioned confidence and discretion, and never inappropriately releases or shares such information.
A Bachelor's degree in an appropriate area of specialization from an accredited institution of higher education is necessary .
Professional certification in human resources or compensation is preferred .
At least one year of relevant professional experience is necessary .
Demonstrable experience utilizing Microsoft Excel, including the creation of v-lookups and pivot tables, is strongly preferred .
Experience with data analysis and interpretation is strongly preferred .
Experience with research and data mining is strongly preferred .
Relevant experience or coursework in Compensation, Human Resources, and Benefits, or Business/Finance/Math is strongly preferred .
Strong customer service skills and a problem-solving attitude are necessary.
Demonstrable communication skills, both verbally and in writing are preferred .
The ability to work effectively with a wide range of constituencies in a diverse community is preferred .
Commitment to Equity, Diversity, and Inclusion
At Vanderbilt University, we are intentional about and assume accountability for fostering advancement and respect for equity, diversity, and inclusion for all students, faculty, and staff. Our commitment to diversity makes us who we are. We have created a community that celebrates differences and lets individuality thrive. As part of this commitment, we actively value diversity in our workplace and learning environments as we seek to take advantage of the rich backgrounds and abilities of everyone. The diverse voices of Vanderbilt represent an invaluable resource for the University in its efforts to fulfill its mission and strive to be an example of excellence in higher education.
Vanderbilt University is an equal opportunity, affirmative action employer. Women, minorities, people with disabilities, and protected veterans are encouraged to apply.
Please note, all candidates selected for an offer of employment are subject to pre-employment background checks, which may include but are not limited to, based on the role for which they have been selected: criminal history, education verification, social media review, motor vehicle records, credit history, and professional license verification.
Internal Number: 10000292
About Vanderbilt University
Vanderbilt University is a center for scholarly research, informed and creative teaching, and service to the community and society at large. Vanderbilt will uphold the highest standards and be a leader in the quest for new knowledge through scholarship, the dissemination of knowledge through teaching and outreach, and the creative experimentation of ideas and concepts. In pursuit of these goals, Vanderbilt values most highly intellectual freedom that supports open inquiry, equality, compassion, and excellence in all endeavors.