Parametric Technology (PTC)

Principal Compensation Consultant

Parametric Technology (PTC)$131K — $178K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR, Business, Finance, Economics, or related field
  • 8+ years of progressive compensation experience, including consulting with senior leaders
  • Advanced proficiency in Excel
  • Experience with Workday compensation module
  • Deep knowledge of global compensation program design and governance in the technology sector
  • Experience with Radford market survey platform
  • Strong analytical skills to interpret complex data and formulate recommendations
  • Excellent communication and stakeholder management skills.

Responsibilities

  • Serve as the primary compensation consultant and trusted advisor for various business units
  • Advise on compensation decisions for hiring, promotions, and retention
  • Evaluate and recommend solutions for compensation issues balancing market and internal considerations
  • Lead complex compensation projects including the annual cycle and job leveling systems
  • Partner with HRIS/IT on compensation configuration and execution
  • Develop global market ranges using compensation analysis tools and conduct benchmark matching
  • Analyze compensation data and provide insights to leadership, supporting strategic workforce decisions
  • Ensure compliance with compensation laws and develop related policies.

Benefits

  • Employee stock purchase program with discounted shares
  • Participation in equity programs for certain roles
  • Medical, dental, and vision insurance
  • Paid time off and sick leave
  • Tuition reimbursement opportunities
  • 401(k) with employer match
  • Flexible spending accounts
  • Life and disability insurance
  • Commuter subsidy for office-assigned employees
Full Job Description
Location: Boston office -hybrid

Reporting to SVP, Total Rewards

Position Summary:

We are seeking a Principal Compensation Consultant to serve as the primary compensation advisor for assigned executive stakeholder groups. This role will lead the design, implementation, and governance of compensation programs that support business objectives, talent strategy, market competitiveness, internal equity, and pay-for-performance principles across a global workforce.

The ideal candidate brings deep compensation expertise, strong business acumen, exceptional consulting and cross functional collaboration skills, and the ability to influence senior stakeholders through data-driven recommendations and practical solutions.

Key Responsibilities:

  • Primary compensation consultant, serving as trusted advisor and thought partner for IT, Marketing, Corporate Strategy, Velocity Business Unit, Finance, Legal, and HR.


  • Advise leaders on compensation decisions related to hiring, promotions, annual comp cycle increases, transfers, retention, reorganizations, and workforce planning


  • Evaluate compensation-related issues and recommend solutions that balance market competitiveness, internal equity, pay-for-performance principles, and budget considerations


  • Lead complex compensation projects with cross-functional stakeholders including the annual cycle and Workday compensation related set up and testing. As an example, you'll be joining the Global Job & Market Pay Project working to implement a new job leveling system and market ranges.


  • Partner closely with the Workday HRIS/IT teams on compensation related configuration and cycle execution


  • Develop market ranges globally using Salary.com's Comp Analyst tool. Assist with survey participation, benchmark matching, and analysis of external labor market trends


  • Analyze compensation data and prepare insights and recommendations for leaders and executive audiences. Partner with Finance and HR leadership to model compensation costs and forecast program impacts to support strategic workforce decisions


  • Ensure compensation programs comply with applicable laws and regulations, including pay transparency, equal pay, and other compensation-related requirements. Develop and maintain compensation related policies and drive implementation of compensation-related tools and process improvements


Qualifications:

  • Bachelor's degree in HR, Business, Finance, Economics, or related field


  • 8+ years of progressive compensation experience, including experience consulting with senior business leaders


  • Advanced proficiency in Excel
  • Experience with Workday compensation module


  • Deep knowledge of global compensation program design, market pricing, salary structures, incentive plans, and compensation governance within the technology industry


  • Experience with the Radford market survey platform


  • Strong analytical and quantitative skills with the ability to interpret complex data and develop recommendations


  • Excellent communication, presentation, and stakeholder management skills


The anticipated annual salary range for this position is between $131,750- $178,250. The salary range reflects a good-faith estimate of compensation at the time of posting. Actual compensation may vary based on a candidate's skills, qualifications, experience, and location. Additionally, candidates may be eligible for a performance-based bonus.

Employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP), which allows for the purchase of discounted PTC stock. Certain roles may also be eligible for participation in our equity programs. Employees may be eligible for medical, dental and vision insurance, paid time off and sick leave, tuition reimbursement, 401(k) contributions and employer match, flexible spending accounts, life insurance, disability coverage and, if you are an office-assigned employee, a generous commuter subsidy. All total rewards and benefits programs are subject to applicable plan eligibility and other terms and conditions.

For more information about PTC's comprehensive benefits, please visit our Careers Page.

PTC recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled.

About Parametric Technology (PTC)

PTC is a global software company that delivers a technology platform and solutions to help companies design, manufacture, operate, and service things for a smart, connected world. The company's solutions transform the way products are created and serviced across the entire product lifecycle - from conception and design to sourcing and service. Founded in 1985, PTC employs approximately 6,500 professionals serving more than 28,000 businesses in rapidly-evolving, globally distributed manufacturing industries.
Learn more about Parametric Technology (PTC)
Size
6,709 employees
Market Cap
$14.2 billion
Industry
Net Income
$118.7 million
Founded
1985
5 Year Trend
+10.7%
Revenue
$1.5 billion
NASDAQ

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