Total Rewards is seeking a Compensation Consultant to join their team. In this role, you will partner with a variety of team members across the Compensation team, HR and assigned business division, while providing consultation to influence pay decisions aligned with Vanguard's pay for performance philosophy.
You will enable compensation pay strategies, while focusing on core offers including year-end compensation planning, benchmarking, pay analyses and offer development.
The ideal candidate will possess the following attributes and skills:
- Advanced analytics excel capabilities is a must.
- Ability to summarize complex concepts with clear and succinct writing and/or data visualization.
- Prior compensation experience, preferably in a consultative capacity.
- Adaptability to navigate ambiguous problems and drive toward recommended solutions in a collaborative environment.
- Strong stakeholder management and frequent collaboration to execute flawlessly.
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The Compensation Consultant
- Serves as a consultant to management in aligned business unit regarding policy and compensation interpretation, as well as in the annual salary planning process. Implements compensation programs, following established standards and policies so these programs are administered effectively and in accordance with the compensation strategy.
- Plans, develops and implements new and revised compensation programs, following established standards and policies so these programs are administered effectively and in accordance with regulations. Integrates compensation to support transformations and other critical talent strategies to meet the organization's goals and competitive practices.
- Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay trends based on findings. Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies.
- Reviews reports and audits the organization's compensation programs to ensure they are consistently administered in compliance with the organization's policies and government regulations.
- Coaches and contributes to the development of compensation analysts.
- Participates in special projects and performs other duties as assigned.
What it takes
- Five years related work experience.
- Undergraduate degree or equivalent combination of training and experience.
- Progress toward CCP preferred.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
We are Vanguard. Together, we're changing the way the world invests.
For us, investing doesn't just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose - and that's how we've become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.
We want to make success accessible to everyone. This is our opportunity. Let's make it count.
Inclusion Statement
Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."
We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.
When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.
Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.