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Principal Governance Consultant

Job in Cincinnati, Hamilton County, Ohio, 45208, USA
Listing for: Paychex
Full Time position
Listed on 2026-02-19
Job specializations:
  • HR/Recruitment
    Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 111300 - 174900 USD Yearly USD 111300.00 174900.00 YEAR
Job Description & How to Apply Below
Position: Principal Compensation Governance Consultant

Imagine Your Future with Us! Since 1971, Paychex has been at the forefront of simplifying HR, payroll, and benefits for American businesses. Our digital HR technology and advisory solutions cater to the changing needs of employers and their employees. With our award‑winning training and endless opportunities for growth and development, you can build a lifelong career with us. We pride ourselves on fostering an inclusive and innovative culture.

Our leaders are here to support your career journey; they and our dedicated employees embody the values that drive us to support each other, our clients, and our communities. Join us to pursue your passion and unleash your potential.

Overview

The Principal Compensation Governance Consultant will be responsible for governance of all compensation and commission related activities (policy documentation, risk management, controls, compliance, audits, and action plans). Responsible for the timely, accurate, and comprehensive understanding of federal and state statutory and regulatory matters, related to Compensation programs and practices. Subject matter expert and advisor to the Compensation team and clients on compliance guidelines and promoting a risk‑management oriented work environment.

Responsibilities
  • Create and maintain a Compensation Governance program. Identify and create an operational control framework to ensure effectiveness and accuracy of compensation administration. Work closely with the Compensation team to ensure adherence to Comp Governance program and set up sustainable practices across the team to document Compensation policies, plans, and procedures. Develop oversight, testing, and monitoring processes to ensure consistency and readiness for internal audits.

    Complete gap analysis and partner with the correct stakeholders to identify and remediate any risk and compliance issues. Responsible for completing any internal audits and action plans.
  • Maintain knowledge of significant current and proposed legislation (federal, state, and local) affecting Compensation to support strategic business objectives and ensure compliance. Work in close collaboration with internal and external legal counsel when legal opinion is required, and maintain close working relationships with key Paychex Risk Management team members. Analyze and provide guidance to all Compensation personnel, as appropriate, with regard to federal, state, and local regulations to ensure Paychex compliance.
  • Consult on any revisions to and/or new versions of compensation plans and practices to ensure changes and/or modifications are within legal and compliance guidelines and Paychex administrative procedures.
  • Review and maintain documentation to ensure compliance with regulatory requirements. Recommend and coordinate changes to other Compensation documentation required by state and Federal mandates or other regulatory changes.
  • Translate regulatory and policy governance/requirements into clear guidelines for clients.
Qualifications
  • Bachelor's Degree in Human Resources, Business or related discipline - Required
  • Master's Degree - Preferred
  • 8+ years exempt level experience in Human Resources with an emphasis on risk, controls, and compliance.
Compensation

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $111,300 to $174,900 annually. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the Talent Acquisition & Onboarding position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

Live

the Paychex Values
  • Act with uncompromising integrity.
  • Provide outstanding service and build trusted relationships.
  • Drive innovation in our products and services and continually improve our processes.
  • Work in partnership and support each other.
  • Be personally accountable and deliver on commitments.
  • Treat each other with respect and dignity.
What's in it for you?
  • We value your well‑being:
    We provide over 21…
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