Octapharma Plasma, Inc. · 9 hours ago
Compensation Consultant
Octapharma Plasma, Inc. is a growing company that offers numerous career development opportunities. They are seeking a Compensation Consultant to evaluate and benchmark jobs, conduct market analysis, develop compensation proposals, and ensure compliance with compensation policies.
Responsibilities
Evaluate and benchmark jobs using established methodologies (ex. market pricing) to ensure internal equity and external competitiveness
Conduct market analysis and maintain salary structures based on labor market data, geographic differentials, and compensation trends
Develop compensation proposals and cost models for merit increases, promotions, adjustments, and market realignments
Collaborate on the design and administration of incentive and variable pay programs that align with performance and organizational outcomes
Assist in the administration of the annual compensation planning cycle, including salary planning, incentive payouts, and budgeting
Ensure adherence to legal, regulatory, and internal policy compliance (e.g., FLSA, pay transparency, pay equity)
Partner with stakeholders to ensure compensation programs are accurately reflected and administered in systems
Develop and maintain a standardized job architecture including job families, levels, and titles
Lead job analysis and in collaboration with managers to ensure role clarity and classification accuracy
Facilitate the job evaluation process and recommend appropriate salary grades, ranges, and exemption status
Provide consultative support to HR and business leaders on compensation strategies, decisions, and market insights
Deliver training and education on compensation practices and philosophy to HR partners and management teams
Foster collaborative relationships across departments to ensure compensation decisions are transparent, equitable, and aligned with organizational goals
Maintain compensation data integrity in HR systems, ensuring data accuracy and consistency
Create, implement, and prepare regular and ad hoc compensation reports, dashboards, and analytics to support executive decision-making
Monitor internal pay practices and conduct audits to identify and correct anomalies or inequities
Performs other duties as assigned
Qualification
Required
Bachelor's degree
Five (5) years' progressive compensation OR applicable experience
Deep expertise in incentive plan design, modeling, and communication
Strong understanding of executive compensation and total rewards philosophy preferred
Strategic thinker with strong financial acumen
Exceptional communication and stakeholder management skills
Proficiency in Excel, data visualization, and compensation planning tools
Proven ability to influence and build relationships at all levels
Preferred
Strong understanding of executive compensation and total rewards philosophy preferred
Benefits
Formal training
Outstanding plans for medical, dental, and vision insurance
Health savings account (HSA)
Flexible spending account (FSA)
Tuition Reimbursement
Employee assistance program (EAP)
Wellness program
401k retirement plan
Paid time off
Company paid holidays
Personal time
Company
Octapharma Plasma, Inc.
About Us: Octapharma Plasma, Inc. helps change lives through the incredible power of plasma donation.
Funding
Current Stage
Late StageRecent News
Talk Business & Politics
2025-09-26
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