Lead Compensation Consultant

A role with Pay and Benefits is all about the numbers. You’ll produce extensive benchmarking and complete rigorous market research and analysis to inform the right compensation mix for roles across the company. Your point of view will be directly applied; keeping Target competitive and standing out in the sea of other places candidates can choose to work. You’ll develop great relationships with our vendors to get the most out of our systems and resources. And you’ll help team members understand their compensation. 
 
As a Lead Compensation Consultant, you will manage key compensation programs and processes. You will own and manage key relationships with vendors, HR Center Of Excellence (“COE”) partners, HR Generalists, and business leaders. Other responsibilities include:
• Advise and support the overall Target compensation philosophy through process and project work
• Measure the effectiveness of programs to ensure organizational objectives are being met. Provide resulting recommendations to Compensation leadership to change or enhance programs
• Recommend new practices and policies to support goals, objectives and business strategies
• Partner with Finance, Legal and HR to ensure programs are compliant
• Lead market research/analysis to establish competitive pay plans/programs within our markets and ensure internal consistency. Recommend programs and systems that recognize and incent performance, as well as retain team members
• Manage participant communications and education materials
• Vendor management
• Manage or contribute to special projects as needed

Core responsibilities are described within this job description. Job duties may change at any time due to business needs.

About you: 

•Bachelors Degree or more from Accredited universities
• 6+ years of Compensation, Human Resources or Finance experience
• Strong attention to detail, along with being able to analyze data to make effective decisions
• Results oriented, being able to anticipate key issues and problems and come to resolution quickly
• Strategic thinker that can effectively present ideas to all levels of the organization
• Strong partnership and relationship skills