The Compensation Consultant will assist with the design and policies of both Executive and broad-based compensation programs to include job evaluation, salary structures, merit matrices, salary range development, market pricing studies, and executive market analysis. This role will research, analyze, and provide recommendations on company compensation policies, practices, and guidelines to adhere with governmental regulations/requirements and to establish competitive pay practices
You'll love this position if you're:
- An analyst - you’ll assist with conducting surveys and analyzing results for compensation planning
- A collaborator - you'll partner with decision makers from various business units and other HR Centers of Excellence to advise in the administration of compensation programs.
- A subject matter expert - you'll provide critical knowledge to stakeholders on key compensation concepts and processes
Other Responsibilities Include:
- Maintain awareness of the latest trends, regulations, and competitive intelligence regarding compensation matters
- Provide consultative technical expertise, advice, and guidance regarding compensation matters (job design, job documentation, etc.) to business leaders by developing strong partnerships
- In partnership with Chief HR Officer and Director, Total Rewards, assist in preparing Board-related/SEC compensation-related deliverables (Compensation Discussion & Analysis including proxy tables, Compensation Committee materials, etc.)
- In partnership with Chief HR Officer and Director, Total Rewards, drive the year-end performance evaluation and compensation planning process
- Administer annual budget/plan, merit, and bonus processes — in conjunction with Finance & Planning and Payroll
- Recommend compensation adjustments according to market assessments, utilizing knowledge and reputable data sources
- Manage salary survey vendors and develop internal market pricing tools to ensure proper positioning of jobs to competitive market data
- Educate executives/employees on compensation programs
- Ability to operate at both the strategic and operational levels
- Advanced analytical problem-solving skills and ability to draw conclusions from data in a logical systematic way
- Strong business and financial acumen, understanding tax and budget implications of compensation
- Advanced Excel skills plus working knowledge of Workday
- Bachelor's degree in Human Resources, Business, Finance, Economics or other quantitative discipline or equivalent experience
- 10+ years progressive experience in Compensation role preferred
- Periodic travel to our corporate office in Springfield, Illinois will be required. Travel may be more frequent during certain times of the year.
Horace Mann was founded in 1945 by two Springfield, Illinois, teachers who saw a need for quality, affordable auto insurance for teachers. Since then, we’ve broadened our mission to helping all educators protect what they have today and prepare for a successful tomorrow. And with our broadened mission has come corporate growth: We serve more than 4,100 school districts nationwide, we’re publicly traded on the New York Stock Exchange (symbol: HMN) and we have more than $12 billion in assets.
We’re motivated by the fact that educators take care of our children’s future, and we believe they deserve someone to look after theirs. We help educators identify their financial goals and develop plans to achieve them. This includes insurance to protect what they have today and financial products to help them prepare for their future. Our tailored offerings include special rates and benefits for educators.
EOE/Minorities/Females/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status
For applicants that are California residents, please review our California Consumer Privacy Notice