1

Compensation Benchmarking Jobs in Minnesota (NOW HIRING)

Co-Lead market-pricing activities, including survey participation, benchmarking methodology, market ... Lead complex compensation reviews and initiatives by defining scope, deliverables, stakeholder ...

Compensation Advisor

Saint Paul, MN ยท On-site

$125K/yr

Conduct market pricing analyses and salary benchmarking using multiple survey sources. * Lead annual compensation planning processes, including merit increases, market adjustments, promotional ...

Compensation Advisor

Saint Paul, MN ยท On-site

$125K/yr

Conduct market pricing analyses and salary benchmarking using multiple survey sources. * Lead annual compensation planning processes, including merit increases, market adjustments, promotional ...

Compensation Advisor

Saint Paul, MN ยท On-site

$125K/yr

Conduct market pricing analyses and salary benchmarking using multiple survey sources. * Lead annual compensation planning processes, including merit increases, market adjustments, promotional ...

Compensation Advisor

Saint Paul, MN ยท On-site

$125K/yr

Conduct market pricing analyses and salary benchmarking using multiple survey sources. * Lead annual compensation planning processes, including merit increases, market adjustments, promotional ...

Senior Manager, Compensation

Hopkins, MN ยท On-site

$120K - $200K/yr

Lead annual compensation planning, job evaluation, market pricing, benchmarking, pay equity reviews, and workforce cost analyses to ensure market competitiveness, internal equity, and alignment with ...

Senior Manager, Compensation

Hopkins, MN ยท On-site

$120K - $200K/yr

Lead annual compensation planning, job evaluation, market pricing, benchmarking, pay equity reviews, and workforce cost analyses to ensure market competitiveness, internal equity, and alignment with ...

Senior Manager, Compensation

Hopkins, MN ยท On-site

$120K - $200K/yr

Lead annual compensation planning, job evaluation, market pricing, benchmarking, pay equity reviews, and workforce cost analyses to ensure market competitiveness, internal equity, and alignment with ...

Showing results 21-40

Compensation Benchmarking information

What is the difference between Compensation Benchmarking vs Compensation Analyst?

AspectCompensation BenchmarkingCompensation Analyst
Primary FocusComparing industry salary data across roles and regionsAnalyzing internal compensation data and making recommendations
ResponsibilitiesGathering market data, identifying trends, setting pay structuresData analysis, report creation, policy development
Required SkillsResearch, data collection, industry knowledgeData analysis, Excel, HR systems

Compensation Benchmarking involves gathering and comparing salary data across industries to inform pay strategies, while Compensation Analysts focus on analyzing internal data to develop compensation policies. Both roles require strong analytical skills, but benchmarking emphasizes external market research, whereas analysts work primarily with internal data.

What are popular job titles related to Compensation Benchmarking jobs in Minnesota?

For Compensation Benchmarking jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Compensation Benchmarking jobs in Minnesota look for?

The top searched job categories for Compensation Benchmarking jobs in Minnesota are:

What cities in Minnesota are hiring for Compensation Benchmarking jobs?

Cities in Minnesota with the most Compensation Benchmarking job openings:

Compensation Manager

Eden Prairie, MN โ€ข On-site

RealtySouth
Real Estateย โ€ขย 1 - 5K employees

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

Lead and manage the development, administration, and ongoing effectiveness of enterprise compensation programs across multiple business lines, including residential real estate, mortgage, insurance, and settlement services. Serve as the primary compensation consultant to business and HR leaders, translating organizational needs into competitive, equitable, financially responsible, and compliant compensation solutions. This individual contributor role provides enterprise-wide program leadership and exercises significant independence and judgment in the design and management of salary structures, job evaluation frameworks, base pay programs, and incentive compensation plans.

Job Duties and Responsibilities (Essential Job Functions)

Common job activities are listed below; actual position responsibilities may vary. Refer to your manager or human resources for specific duties and performance expectations.

  • Manage compensation programs across multiple business lines, ensuring programs remain competitive, equitable, financially responsible, operationally effective, and compliant with applicable requirements.
  • Serve as a compensation consultant to HR and business leaders, providing recommendations on compensation decisions, organizational changes, job evaluations, market positioning, and pay-related risks.
  • Co-Lead market-pricing activities, including survey participation, benchmarking methodology, market analysis, and recommendations regarding competitive positioning and internal equity.
  • Own the development and maintenance of salary structures, pay ranges, geographic differentials, and job evaluation frameworks in alignment with the companyโ€™s job architecture and operating needs.
  • Establish and maintain compensation governance, guidelines, documentation, and decision frameworks that promote consistent and equitable pay practices across operating companies.
  • Co-Lead the design, evaluation, implementation, and ongoing management of base pay and incentive compensation programs, including modeling, performance measures, payout structures, plan documentation, and effectiveness reviews.
  • Lead complex compensation reviews and initiatives by defining scope, deliverables, stakeholder responsibilities, recommendations, and implementation plans.
  • Ensure compliance with applicable laws and regulations (FLSA, pay equity, etc.).
  • Partner with and support the compensation leader for compensation analysis and consultation of executive and senior leadership roles, including market benchmarking, competitive assessments, and reporting.
  • Identify and lead compensation process improvements, reporting enhancements, controls, and HRIS requirements.
  • Develop and deliver compensation communications, tools, and training for HR partners, managers, and business leaders.
  • Perform any additional responsibilities as requested or assigned.
Performance Expectations
  • Deliver accurate, timely, and well-supported compensation recommendations that balance business objectives, market competitiveness, internal equity, affordability, and compliance.
  • Exercise a high degree of independence, judgment, discretion, and accountability when addressing complex or ambiguous compensation matters.
  • Build credibility as a trusted compensation consultant with HR, Finance, operational leaders, and senior management.
  • Translate complex compensation analyses into clear recommendations, alternatives, risks, and implementation considerations for decision-makers.
  • Maintain consistent compensation methodologies, documentation, governance, and controls across operating companies.
  • Follow company HR policies, the Code of Business Conduct, and all subsidiary and departmental procedures, including requirements related to confidential company information, punctual and regular attendance, and safe work practices.
Qualifications Education:
  • Bachelorโ€™s degree in Human Resources, Business, Finance, Economics, or a related field, or 7-10 years of transferrable experience.
Experience:
  • 5-7 years of progressive compensation experience, including experience with market analysis, job evaluation, salary structure design, and compensation program administration.
  • Demonstrated experience independently leading compensation programs or enterprise-wide initiatives and consulting with HR and business leaders on complex compensation decisions.
  • Experience supporting organizations with multiple business lines, legal entities, or operating models and experience with executive or senior leadership compensation analysis are preferred.
Knowledge and Skills:
  • Advanced knowledge of compensation principles, market-pricing methodologies, salary structure design, job evaluation, incentive compensation, pay equity, and applicable wage and hour requirements.
  • Advanced analytical, financial modeling, and problem-solving skills, with the ability to assess alternatives and develop actionable recommendations. Advanced proficiency in Excel and experience with HRIS, compensation planning, market-pricing, and reporting tools.
  • Strong consultation, influencing, written, verbal, and presentation skills, including the ability to constructively challenge assumptions and communicate technical compensation concepts to audiences with varying levels of expertise.
  • Ability to independently manage compensation programs and initiatives involving multiple stakeholders, competing priorities, and ambiguous situations while exercising sound judgment.
  • Strong project and program management skills; ability to provide functional leadership without formal supervisory authority and handle highly confidential information with discretion.
Other (licenses, certifications, schedule flexibility/OT, travel, etc.):
  • CCP certification preferred but not required.
Wage:

$113,960.00 - $149,500.00 annually; actual wage is based upon education and experience. Potential for annual discretionary bonus.

Benefits:

Full suite of benefits including Medical, Health Savings Account, Dental, Vision, Life Insurance, Paid Vacation (PTO), 401(k) with employer match, Flexible Spending Account, and Employee Assistance Program (EAP)

Equal Opportunity Employer

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.

#J-18808-Ljbffr