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Marsh & McLennan Companies

Compensation Specialist

Our Global Total Rewards Team is seeking a Compensation Specialist to be responsible for helping establish the compensation strategy across the firm. This is an exciting time for the Rewards group as they have a number of exciting projects to tackle: implementation of a new survey management solution (MarketPay), optimizing Workday capabilities, and review of our short and long-term incentive plans. The Compensation Specialist will need to conduct analysis in different areas involving compensation, such as compensation statistics and market analysis. They will assist and collaborate, as appropriate, in the planning, coordination, facilitation, administration, and reporting of the annual year end process.

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Provide advanced analysis and generate complex reports from large databases; create and manipulate complex databases to manage employee data and competitive compensation data.
Conduct market pricing activities by comparing internal pay to the market using published compensation surveys; analyzes total cash compensation practices internally as well as externally; conducts job evaluation activities including job description/coding and maintenance; prepare advanced analytics and modeling in response to requests from leadership for pertinent data.
Act as point of contact and handles requests for information on compensation matters for HR partners and other Rewards members
Act as an expert system resource during year-end process
Manage intermediate to small sized projects, such as annual market pricing, annual survey participation, and salary structure implementation/maintenance which have moderate impact on the organization.
Establish project objectives and develop project plans, manages project timeline and resources and engages stakeholders seeking input from all relevant sources as well as communication of project information and updates to all stakeholders

Qualifications Bachelors degree required
3+ years of professional experience working in relevant function
Must have advanced proficiency with Excel
Experience with Power BI or another analytical tool (is desired)
Experience with survey participation, market pricing, Job Evaluation (is desired)
Excellent communication skills - both written and verbal

Job ID: marsh-R_017977-en
Employment Type: Other

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