Compensation Consultant Job Description

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Compensation Consultant

Compensation Consultant duties and responsibilities

  • Developing and administering compensation programs
  • Ensuring compensation practices adhere to labor legislation
  • Performing data analysis to ensure equitability

Compensation Consultant Job Description Template


Job Brief

We are looking for a Compensation Consultant to join forces with HR and develop compensation and benefits plans for our employees.

Compensation Consultant responsibilities include setting salaries and pay grades for new positions within the company, gathering benchmarking data on wages and recommending bonus programs based on job analyses. To be successful in this role, you should have a good knowledge of payroll procedures and labor legislation.

Ultimately, you will ensure we offer competitive and fair compensation plans to all of our employees.


  • Work closely with HR to plan and implement compensation packages
  • Ensure compensation practices are in line with labor legislation
  • Create fair salary and bonus plans using job evaluations
  • Review and assess pay scales, base pay and incentives
  • Set wages for new positions within the organization
  • Analyze compensation data to identify potential issues (like pay gender gaps) ensure equitability in all levels
  • Conduct compensation surveys and analyze findings to add value to the company’s strategic plan
  • Ensure compensation plans align with the company’s profitability goals
  • Gather benchmarking data and restructure compensation to make sure we remain competitive in terms of salaries and benefits


  • Proven experience as a Compensation Specialist or a relevant role
  • Strong knowledge of HR practices and labor legislation
  • Familiarity with payroll software
  • Excellent analytical and qualitative skills
  • Good communication skills
  • BSc degree in Human Resources Management, Finance or relevant background
Last Updated 09 Jan, 2023

Compensation Consultant Job Description Examples

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Relocation assistance: is not available for this opportunity.

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Michigan Medicine is searching for a lead compensation consultant for compensation programs, a brand-new addition to our growing team. The lead compensation consultant for compensation programs will lead the development and implementation of compensation programs, strategies, and projects and provide consultative advice to HR business partners and Michigan Medicine leaders. Reports to....

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