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Senior Compensation Consultant

Job in Edina, Hennepin County, Minnesota, USA
Listing for: Versique Consulting & Search
Full Time position
Listed on 2026-09-04
Job specializations:
  • HR/Recruitment
    Regulatory Compliance Specialist, HR Generalist / Talent Management, HR Manager
Salary/Wage Range or Industry Benchmark: 110000 - 125000 USD Yearly USD 110000.00 125000.00 YEAR
Job Description & How to Apply Below

The Senior Compensation Consultant will lead the design, administration, and continuous improvement of compensation programs for a well-established, employee-focused organization. This role leverages market data, internal equity analysis, and business insights to deliver competitive, equitable, and sustainable pay practices that support talent strategy and long-term business objectives. The position partners closely with HR leadership, Finance, and business leaders to develop compensation solutions that attract, retain, and reward top talent.

Worksite

Location:

Hybrid opportunity in the Twin Cities metro area.

NOT open to relocation - must be local to the Twin Cities, MN area to be considered.

Salary: $110,000- $125,000 Benefits:
Comprehensive benefits package including medical, dental, vision, 401(k) with employer contributions, paid time off, disability coverage, wellness programs, and professional development opportunities.

Roles & Responsibilities :
  • Lead the design, administration, and continuous improvement of the organization's compensation philosophy, salary structures, job architecture, and related programs to support market competitiveness and internal equity
  • Partner with HR Business Partners and business leaders to evaluate new and existing positions, conduct market benchmarking, recommend job levels and pay grades, and provide compensation guidance
  • Lead the annual market review process, including salary survey participation, market analysis, competitive positioning assessments, and salary structure recommendations
  • Develop and oversee a consistent approach to internal equity analysis, identify areas of concern, recommend corrective actions, and educate leaders on equitable pay practices
  • Administer company wide incentive compensation programs, including short-term and long-term incentive plans, supporting program design, modeling, communication, and governance
  • Lead the annual merit review cycle from planning through execution, including system configuration, communications, training, approvals, data validation, employee communications, and payroll coordination
  • Partner with senior HR leadership to support executive compensation programs, including base salary, incentive compensation, and related analyses and recommendations
  • Configure, maintain, and continuously improve compensation-related processes, reporting, and controls within Workday Advanced Compensation
  • Collaborate with HR leadership and Finance on annual budget planning, workforce cost projections, salary increase modeling, and incentive forecasting
  • Prepare compensation analyses, dashboards, models, and executive-ready presentations that translate complex data into actionable recommendations
  • Maintain compensation policies, procedures, documentation, and employee-facing communications, including Total Rewards communications and statements
  • Monitor compensation-related laws and regulations and support compliance efforts, audits, and implementation of regulatory changes
  • Build trusted relationships across the organization and provide practical, consultative compensation expertise to leaders and stakeholders
Required

Skills & Experience:
  • Bachelor's degree in Human Resources, Business, Finance, or a related field; equivalent relevant experience may be considered
  • 5+ years of progressive compensation experience, including base pay, incentive compensation, market pricing, and job evaluation
  • Experience administering compensation programs within Workday, including Workday Advanced Compensation
  • Strong analytical skills with the ability to interpret complex data, develop recommendations, and communicate findings to business leaders and executives
  • Experience managing large-scale annual compensation processes and partnering cross-functionally with HR, Finance, Payroll, and business leaders
  • High attention to detail, accuracy, confidentiality, and follow-through
  • Ability to balance analytical rigor with a consultative and approachable style
  • Strong written, verbal, presentation, and executive communication skills
  • Proven ability to influence without direct authority and build credibility with a broad range of stakeholders
  • Strong project management, prioritization,…
Position Requirements
10+ Years work experience
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