The Senior Compensation Consultant is responsible for working closely with our Human Resources partners to support business leaders through the design, implementation, communication and administration of compensation programs that support our "pay for performance" and "total rewards" compensation philosophy.
Design, communicate, implement and administer compensation programs, including broad-based and incentive programs.
Partner with HR partners and business leaders to understand compensation needs. Provide consultation to various topics, including interpretation of compensation programs and practices, job evaluations, job descriptions, job profiles, salary placement, and organizational structure.
Conduct scheduled and ad-hoc salary reviews and recommend changes to ensure pay remains competitive and internal equity is maintained.
Assist with the annual university-wide compensation review process including salary, bonus and equity compensation recommendations and approvals.
Assist with the annual incentive budget and salary increase budget processes.
Conduct job evaluations and market prices jobs using best practices.
Lead the research, selection and participation in salary surveys, and ensure maximum ROI.
Review existing compensation processes and recommend creative ways to enhance efficiencies and consistency.
Analyze and monitor compensation programs to ensure they are competitive, compliant, cost effective, align with business goals and support the university's compensation strategy.
Continuously evaluate external labor market conditions to identify market trends and drive sound compensation decisions.
Partner across functions and lead line of business and/or enterprise wide compensation projects as requested.
Participate in line of business meetings, serving as the subject matter expert for Total Rewards.
Responsible for proper FLSA classification in compliance with DOL regulations
Promote the value of Saint Louis University's Total Rewards programs on a daily basis and through education and awareness initiatives.
Perform other duties as needed.
Knowledge, Skills and Abilities Required:
Solid understanding of current compensation best practices and pulse on evolving practices.
Advanced level ability to accurately research, compile and synthesize information, draw conclusions and recommend solutions.
Highly collaborative team player who proactively drives process improvements.
Ability to work across teams and business units to lead discussions, influence and build consensus.
Strong interpersonal skills, including the ability to work across the organization and interact, influence, negotiate and build trust effectively at all levels of management and peers.
Strong verbal and written communication skills.
Strong organizational skills, accuracy and attention to detail.
Ability to effectively manage a variety of projects.
Bachelor's degree in related field, or equivalent combination of education and experience required. 3+ years broad-based compensation experience required. Experience using Workday preferred. PHR and/or CCP certifications preferred.
Saint Louis University(SLU) is a private, co-educational Jesuit university located in St. Louis, Missouri, United States. Founded in 1818 by the Most Reverend Louis Guillaume Valentin Dubourg SLU is the oldest university west of the Mississippi River. The University has campuses in St. Louis, Mo. and Madrid, Spain. SLU values academic excellence, life-changing research, compassionate health care, and a strong commitment to faith and service. For nearly 200 years, the University has gone beyond teaching facts and figures, encouraging students to form ideas and identities. Today, SLU students are nearly 14,000 strong. The University has invested vast resources to advance academic programs and enhance the student experience. SLU also is a major research institution where premier researchers tackle local and global challenges. And the University's commitment to community service has earned it national acclaim and bolstered its status as a character-building college.