Senior Clinical Practice Consultant, CPC
BD
Compensation Consultant
Navy Federal Credit Union
full-time
Posted on:
Location: Florida, Virginia • 🇺🇸 United States
Visit company websiteSalary
💰 $68,300 - $107,300 per year
Job Level
Mid-LevelSenior
About the role
- The Compensation Consultant supports the design, development, and implementation of competitive and equitable compensation programs across the organization.
- Partner with HR Business Partners and business leaders to assist in compensation program design, policy application, and market competitiveness analysis.
- Develop and maintain consultative partnerships with business unit leaders to understand strategic priorities and talent needs and translate enterprise-level compensation philosophy into actionable strategies.
- Support and contribute to end-to-end execution of compensation projects such as annual salary reviews (merit, bonus) and program enhancements.
- Ensure execution of salary reviews, promotion reviews, pay adjustments and other compensation-related transactions.
- Analyze compensation data, market trends, and internal pay practices to provide recommendations supporting talent attraction and retention.
- Assist in development and implementation of compensation initiatives focused on pay equity, job evaluation, and incentive pay strategies.
- Monitor compliance with legal and regulatory compensation requirements and help drive process improvement initiatives.
Requirements
- Bachelor’s degree in Human Resources, Business Administration, Finance, or related field.
- Minimum of 3 years of experience in compensation, HR, or related field preferably within corporate or consulting environments.
- Working knowledge of compensation design principles, market benchmarking, and pay structure management.
- Effective analytical skills with ability to interpret compensation data.
- Effective relationship building, negotiation and facilitation skills
- Effective skill presenting findings, conclusions, alternatives, and information clearly and concisely
- Proficiency in Excel and HRIS systems; experience with compensation data platforms (e.g., Mercer, PayScale) is a plus.
- Strong communication skills to engage and influence stakeholders at various levels.
- Demonstrated ability to manage multiple projects with moderate complexity.
