Job Information
Cengage Group Compensation Consultant in Minneapolis, Minnesota
We believe in the power and joy of learning
At Cengage Group, our employees have a direct impact in helping students around the world discover the power and joy of learning. We are bonded by our shared purpose – driving innovation that helps millions of learners improve their lives and achieve their dreams through education.
Our culture values diversity, engagement, and discovery
Our business is driven by our strong culture, and we know that creating an inclusive and diverse workplace is absolutely essential to the success of our company and our learners, as well as our individual well-being. We recognize the value of diverse perspectives in everything we do and strive to ensure employees of all levels and backgrounds feel empowered to voice their ideas and bring their authentic selves to work. We achieve these priorities through inclusive programs, benefits, and initiatives that are integrated into the fabric of how we work every day. To learn more, please see https://www.cengagegroup.com/about/inclusion-and-diversity/ .
The Compensation Consultant role is an exciting opportunity to develop, support and maintain market-competitive compensation programs that foster a high-performance culture and enable the attraction and retention of talent across the globe. As part of the corporate Compensation team, this role will provide consultative, analytical, technical and administrative support across all compensation offerings.
What you'll do:
Assist in the development, implementation and maintenance of competitive compensation programs, practices and policies that support organizational and departmental strategic objectives.
Collaborate with and provide expert compensation consultation to HR Partners and business leaders.
Develop, maintain, and deliver effective communications and training to HR, leaders, and employees to build awareness and understanding of programs.
Assist in creating analysis, presentations and recommendations for the Executive Team, HR Leadership Team, Board Compensation Committee, Total Rewards Committee, and others.
Perform sophisticated analytics to identify trends, problems, root causes and make recommendations to address.
Manage compensation data organization, maintenance, and use, including salary survey research, analysis, and submission.
Maintain job matching database (PayFactors), partner with survey tool vendor and leverage Workday reporting to run and upload data. Work with HR Partners to ensure accuracy of all job matches.
Evaluate and analyze employee compensation and market data, determine FLSA status, compensation level, short or long-term compensation eligibility and make pay recommendations aligned with overall compensation philosophy and competitive market pay.
Develop and coordinate market adjustment, in-line promotion, and annual merit increase programs to include analysis of market data, position-to-market, trends budgets, pay differentials. Build project plans and communications materials to ensure efficient compensation team collaboration and support HR and leaders through these processes.
Assist with annual review and ongoing maintenance of job and salary structure including the creation of job families, job codes and job titles.
Build compensation tools and resources and maintain compensation information in company systems and portals.
Participate in project teams associated with mergers and acquisitions, owning the compensation transition and related employee experience.
Lead the review, implementation, testing and maintenance of systems and technology to support compensation processes. Proactively audit compensation-related data on an ongoing basis.
In partnership with Legal, monitor the legislative landscape and ensure compliance with all compensation related activities.
Skills You Will Need Here:
Bachelor’s degree in business, Finance, Accounting, Human Resources, or a related field
8+ years of compensation experience; global experience required
Demonstrated broad understanding of compensation including base, short-term and long-term incentives.
Collaborative great teammate who builds partnerships with internal and external contacts at all organizational levels in a matrixed environment
Strong organization and project management skills; able to prioritize work in a fast-paced environment
Strong written and verbal communication skills; strong presentation skills
Advanced skills in Microsoft Office products, particularly Excel and PowerPoint
Strong analytical skills and conceptual thinking skills
Digitally savvy and comfortable with technology tools
Highly resourceful, self-motivated problem solver
An adaptive individual who is comfortable with ambiguity
Minimal overnight travel may be required
Preferred Skills:
Sales incentive plan design experience.
Experience in equity plan design and administration in private and/or public company.
Knowledge of Workday HCM Advanced Compensation module and PayFactors platform desirable
Cengage Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, marital status, parental status, cultural background, organizational level, work styles, tenure and life experiences. Or for any other reason. You may view Cengage’s EEO/Affirmative Action Policy signed by CEO Michael Hansen (https://p.widencdn.net/pdvq6j/EEO_Policy_Statement_January_2017) and Equal Employment Opportunity is the Law notice (http://embed.widencdn.net/pdf/plus/cengage/ybs5gt19ik/eeopost-merged.pdf) by visiting their corresponding links.
Cengage Group is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us at accommodations.ta@cengage.com or you may call us at +1 (617) 289-7917.
About Cengage Group
Cengage Group, a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms. We serve the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through our scalable technology, including MindTap and Cengage Unlimited, we support all learners who seek to improve their lives and achieve their dreams through education.
Compensation
At Cengage Group, we take great pride in our commitment to providing a comprehensive and rewarding Total Rewards package designed to support and empower our employees. Click here (https://www.cengagegroup.com/news/perspectives/2024/cengage-group-total-rewards-philosophy/) to learn more about our Total Rewards Philosophy .
The full base pay range has been provided for this position. Individual base pay will vary based on work schedule, qualifications, experience, internal equity, and geographic location. Sales roles often incorporate a significant incentive compensation program beyond this base pay range.
$88,600.00 - $141,800.00 USD
Cengage Group , a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms.
We serve the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through our scalable technology, including MindTap and Cengage Unlimited, we support all learners who seek to improve their lives and achieve their dreams through education.