Job DescriptionJob SummaryA STS Compensation & Benefits Senior Associate is responsible for executing and assisting with tasks relating to the following: benchmarking and market analysis for executive and employee compensation, analyzing data to support short- and long-term incentive plan design, developing performance management programs, preparation of job descriptions, assisting in executive talent planning, and supporting Board of Directors projects through policy and program research, benchmarking Director compensation, conducting organizational surveys, and identification of company/industry performance trends.
Job Duties:- Research
- Identifies situations in which research is necessary, and provides an outline of the issue(s)as well as the appropriate source of research to be utilized
- Analyzes researched facts and the sources utilized
- Composes detailed reports of the research findings
- Researches and assists with compensation planning and/or benchmarking for executive compensation models
- Tax Compliance
- Ensures clients comply with applicable authorities while identifying options for minimizing compensation-related tax and reporting burdens
- Obtains required client information
- Accomplishes basic tasks as well as documents and organizes work product for review by senior Comp & Ben professionals
- Compensation and Benefits Consulting
- Reviews SEC filings of public companies, survey data, issue briefs prepared by legal and accounting experts and "best practice" guidelines published by investor advisory groups as background for providing clients with creative approaches to compensation opportunities that promote shareholders' interests
- Monitors tax and other regulatory actions regarding executive compensation rules, and advises clients on compliance strategies
- Strategy Development
- Assists in the preparation of studies of market practices as well as tax and regulatory activities to identify alternative courses of actions to clients
- Develops an understanding of the impact of clients' business objectives as they relate to the development of compensation strategies
- Other duties as required
Supervisory Responsibilities:- Supervises the day-to-day workload and reviews work of Comp & Ben Associates and Interns on assigned engagements
- Ensures Comp & Ben Associates and Interns are trained on all relevant software
- Assists in the development of Comp & Ben Associates and Interns to enhance professional development
- Delivers periodic performance feedback, and completes performance evaluations for Comp & Ben Associates and Interns
Qualifications, Knowledge, Skills and AbilitiesEducation:- Bachelor's in Business Administration, Accounting, Human Resources, or other relevant field, required
- Master's degree in Business Services, Human Resources or other relevant field, preferred
Experience:- Two (2) or more years of prior work experience in compensation and/or strategic service consulting, required
License/Certifications:- Certified Compensation Professional, SHRM certifications, CPA certification or other relevant certification, preferred
Software:- Statistical software packages, preferred
- Proficient in the use of Microsoft Office Suite, specifically Excel and Word, preferred
Language:Other Knowledge, Skills & Abilities:- Excellent verbal and written communication skills
- Research skills associated with analyzing company performance and industry trends
- Ability to successfully interact with professionals at all levels
- Strong analytical and research skills
- Solid organizational skills
- Ability to meet project deadlines with a focus on details
- Ability to successfully multi-task while working independently or within a group environment
- Capable of effectively managing a team of professionals, and delegating work assignments as needed
- Capacity to build and maintain strong relationships with internal and client personnel
- Ability to encourage team environment on engagements, and contribute to the professional development of assigned personnel
- Moderate knowledge and understanding of legislative process regarding tax policy
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $73,500 - $131,250
Maryland Range: $73,500 - $131,250
NYC/Long Island/Westchester Range: $73,500 - $131,250
Washington DC Range: $73,500 - $131,250
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