Compensation consultant job description

US-OR-Portland

Type: Regular Full-Time
System Office 1120 Building

Overview

Our mission of making life better for others includes every person we serve, including our employees. By promoting fair, competitive and equitable pay practices, you will help to support management-level and employee customers so that Legacy Health can most effectively work as a team with a unified goal. If this is how you view your work as a Compensation Consultant, we invite you to consider this opportunity.

This is a remote position - incumbents, who reside in Oregon or Washington only, may work at home, on the road or in a satellite location for all or part of their workweek. There may be occasional situations that require work to be performed on-site at an assigned Legacy Health location.

All new hires are required to come to a designated Legacy Health office location in Portland, Oregon prior to their start date for a new hire health assessment and to complete new hire paperwork.

Note that our employee health plan coverage is for providers based in the Legacy Health geographic region. To find providers in our network click here. Urgent and emergent coverage is available outside Legacy Health's geographic region and telehealth is available within Oregon and Washington.

This position may require initial training and orientation to be site-based, before transitioning to the remote schedule.

Responsibilities

Assist in the administration of Legacy's compensation program. Review, analyze and evaluate hourly and salaried positions throughout Legacy Health based upon job descriptions and on-site audits. Evaluate positions using established systems and market data, determine grades and salary range, and prepare documentation records of the analysis and recommendation(s). Complete compensation surveys and market analysis. Assist line management in the preparation or updating of job descriptions and competency assessments. Make reclassification recommendations and determine the exempt/nonexempt FLSA status of each position. Conduct analysis of internal equity by department or job group. Review off-salary-review-cycle changes in wages and salaries for internal equity and conformance with policy. Regularly handle special assignments and projects.

Qualifications

Education: Bachelor's degree in human resources, business administration or related field or equivalent experience required.

Experience: Minimum four years' experience working with position analysis, job evaluation and systems and market surveys required.

Skills: Excellent organizational, written and verbal communication and customer service skills to be able to interact effectively with all levels of personnel within and outside of the Legacy community. Proficiency using computers: spreadsheets, databases, and word processing software. Technical knowledge requirements include mathematical and statistical skills for data analysis; the ability to understand and apply the intent of policies, guidelines and regulations in diverse situations; skill in understanding management principles sufficiently to soundly advise line management in compensation matters; ability to conceive and present concepts logically for reports and recommendations; an inclination for detail oriented work, and a thorough understanding of State and Federal wage and hour laws.

LEGACY'S VALUES IN ACTION:

Follows guidelines set forth in Legacy's Values in Action.

Equal Opportunity Employer/Vet/Disabled

PI194173098

Our world is transforming, and PTC is leading the way. Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business.

Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow - all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.

The Compensation Contractor will play a lead role in annual benchmarking of our global compensation programs while and ensuring alignment with the business strategy, goals, and objectives. Expected project timeline is through October 1st and we're looking to fill this role immediately.

This role will report to the Global Compensation Manager and will collaborate closely with the Global Compensation team and global People Team.
Primary Responsibilities:

Ensure PTC's pay programs are competitive with the market while maintaining internal equity Analyze salary, incentive and stock market data across 30 countries Evaluate changes and trends in targeted markets and make recommendations to internal ranges Present recommendations to Compensation and People Team leadership May conduct additional analyses and participate in other projects as needed


Preferred Skills and Experience:

A minimum of 7 years of experience in the compensation field A minimum of intermediate Excel skills and experience working with large data sets Advanced experience benchmarking compensation survey data; experience with Payfactors or comparable system a plus Attention to detail with strong analytical skills Certified Compensation Professional (CCP) certification (or in progress) preferred


Basic Qualifications:

Bachelor's degree and 7 years of experience in related field


#LI-GM

This position requires you to be fully vaccinated for COVID-19 prior to your start date. If you are unable to be vaccinated due to medical, pregnancy or religious reasons or for other reasons that applicable state law requires employers to accommodate, we offer accommodations in accordance with applicable federal, state and local laws, including state and local mandatory vaccination orders.

At PTC, we believe in the power of diverse ideas and perspectives. As a global company that values and respects all identities, cultures, and perspectives, we strive to create an inclusive PTC for ALL through an environment where everyone feels like they belong and are empowered to bring their true, authentic selves to work. Proud to be an Equal Opportunity and Affirmative Action Employer, we welcome applicants from all backgrounds and hire without regard to race, national origin, religion, age, color, ethnicity, ancestry, marital status, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic identity, disability, veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

Life at PTC is about more than working with today's most cutting-edge technologies to transform the physical world. It's about showing up as you are and working alongside some of today's most talented industry leaders to transform the world around you.

If you share our passion for problem-solving through innovation, you'll likely become just as passionate about the PTC experience as we are. Are you ready to explore your next career move with us?

Unum is a company of people serving people. As one of the world's leading employee benefits providers and a Fortune 500 company, Unum's financial protection benefits help protect more than 36 million working people and their families from the financial impact of illness or injury.

Unum's two distinct, but similarly focused US businesses - Unum US and Colonial Life - are each a market leader in making disability, life, accident, critical illness, dental, and vision insurance accessible in the workplace.

Headquartered in Chattanooga, Tennessee, Unum also has significant US operations in Portland, Maine and Baton Rouge, Louisiana - and over 35 field offices nationwide. Colonial Life is headquartered in Columbia, South Carolina with over 40 field offices nationwide.

This position requires contact with various vendors and employees of Unum and its subsidiaries, and is responsible for accurately tracking, auditing, and reporting of stock data. This will require an understanding of the stock plan vendor's platform as well as Workday. This position is responsible for the day-to-day management of Unum's data on the vendor's platform, including establishment of new plans, indicative data files, loading of grant files and ad-hoc changes, plan rule changes, corporate actions, stock purchase plans, vesting events, review of custody accounts, and financial reporting data. You will partner closely with Legal, Finance, Tax, Information Technology, HRIS and the Payroll areas.
Principal Duties and Responsibilities

Primary contact for Stock Plan Administrator and responsible for day-to-day management of service delivery. Manage the grant delivery, vest, and ongoing support of Board of Director and Global Long-Term Incentive (LTI) plans (U.S., U.K., Ireland, and Poland) Responsible for the communication, collection of tax elections and payroll processing of FICA taxes for U.S. employees with LTI who meet retirement eligibility under the Stock Plans. Responsible for the management of global employee stock purchase plans. This includes a review of the Employee Stock Purchase Plan (ESPP) contributions and refunds on a bi-weekly basis, review and approve quarterly ESPP purchase estimates and managing the annual Sharesave offering and maturity purchase processes. Monitor Stock Plan authorized share counts and reconcile to share reserves; ensure share requests are taken from the appropriate Plan Reserve. Ensure integrity of data and appropriate controls are in place and conduct periodic audits, which includes annual Fidelity SOC1 reviews. Conduct monthly LTI reconciliations of expense going into ledger. Prepare annual LTI expense budget, payout estimate and stock usage projections. Partner with Information Technology and/or HRIS to implement process or plan changes, e.g., file feed changes, LTI target or eligibility rule changes. Prepare equity plan reports for the Human Capital Committee, e.g., share usage, annual expense, 10b5-1 plans, stock purchase plan utilization, etc. Provide reports and/or vendor report access to the Finance, Payroll, and Tax areas as required. Provide reports for Proxy Statement reporting. Perform other duties as required.



Job Specifications


Bachelor's degree preferred or relevant work experience required 3-5 years of relevant executive compensation experience High level of interpersonal skills and ability to communicate with all levels of employees and business/affiliate Heads (domestic and international) Self-motivated, able to work with high degree of autonomy Strong computer literacy skills a must (Excel, Word, PowerPoint) Accuracy and attention to detail; excellent organizational skills, effective written and verbal communication skills Data management, systems background Ability to manage multiple priorities simultaneously Work schedule flexibility during critical deadline periods Knowledge in accounting and tax preferred.


Our company is built on helping individuals and families, and this starts with our employees. We want employees to maintain a positive balance, which is why we provide access to the benefits and resources they need to invest in themselves. From our onsite fitness facilities and generous paid time off to employee professional development programs, we are committed to helping employees live and work their best - both inside and outside the office.

Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.

Company:
Unum