The Compensation Consultant participates in consulting engagements, conducts market analysis, prepares reports, communicates findings, prioritizes assignments, and supports junior team members in a collaborative team environment.
Overview
FMI is seeking a motivated, analytically minded Compensation Consultant to join its growing Compensation & Rewards team. This role is ideal for an individual already gaining total rewards consulting experience who is ready to take on increasing responsibility in project delivery, client interaction, and compensation analysis. Working as part of a collaborative consulting team, this position supports a broad range of compensation engagements for diverse A/E/C clients and others in related industries.
Responsibilities
- Participate in compensation consulting engagements, from project kick-off through final report development and presentation.
- Conduct market benchmarking analyses utilizing a variety of compensation surveys and market data sources.
- Coordinate within internal project teams to evaluate job roles and career paths, develop salary structures, design incentive plans, and refine compensation-related programs to meet clients’ objectives.
- Prepare client-ready reports, presentations, and data insights utilizing Excel, PowerPoint, AI-enabled technologies, and other data visualization and analysis tools.
- Attend client meetings and confidently communicate technical concepts and data-driven findings and recommendations.
- Organize and prioritize assignments to ensure work is completed within established scopes, timelines, and budgets.
- Contribute to the continuous improvement of FMI Compensation & Rewards analytical tools, methodologies, and internal processes.
- Build effective working relationships with clients and colleagues across FMI.
- Provide guidance and support to junior team members.
Qualifications
- Bachelor’s degree from an accredited college or university in business, economics, finance, or a related field.
- 4 + years of professional consulting experience in compensation, total rewards, or a related advisory environment.
- 3 + years of experience conducting compensation benchmarking analyses using multiple compensation survey sources.
- Advanced proficiency in Microsoft Excel and PowerPoint; experience with Tableau or other analytical tools.
- Strong quantitative, analytical, and problem-solving capabilities with attention to detail and data accuracy.
- Strong understanding of compensation principles, market pricing methodologies, and employee compensation practices in the United States.
- Certified Compensation Professional (CCP) designation preferred.
Benefits
FMI offers a comprehensive benefits package, including fully paid employee medical insurance, life insurance, and long-term disability coverage, as well as additional benefit elections. Our package also includes a competitive 401(k) plan, paid time off (PTO), and parental leave.
Equal Opportunity
FMI is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color,
Similar Jobs
Consulting
Deliver Workday Compensation project workstreams including workplan management, analytics, reporting, and client presentations. Collaborate with client leadership, manage/mentor junior staff, apply Workday methodology during full life-cycle implementations, and support staff development. Travel up to 50% as needed.
Top Skills:
WorkdayWorkday Advanced CompensationWorkday CompensationWorkday Methodology
Healthtech
Designs, analyzes, and administers compensation programs including pay-for-performance, salary structure design, costing, and incentive plans. Conducts job and market analyses, pay and classification reviews, and develops compensation recommendations and policies. Interprets regulatory guidelines and collective bargaining agreements and performs data collection and analysis for special projects.
Artificial Intelligence • Information Technology • Professional Services • Consulting
Lead design, configuration, testing, and deployment of Oracle Cloud Compensation solutions. Facilitate requirements workshops, translate business needs into scalable configurations, support integrations, develop specifications for reports and dashboards, coordinate technical teams, and manage project timelines, risks, and testing cycles.
Top Skills:
Core HrFast FormulasOracle Cloud CompensationOracle Cloud HcmPayrollRedwood CompensationTalent ManagementTotal Compensation StatementsVisual Builder StudioWorkforce Compensation
What you need to know about the Austin Tech Scene
Austin has a diverse and thriving tech ecosystem thanks to home-grown companies like Dell and major campuses for IBM, AMD and Apple. The state’s flagship university, the University of Texas at Austin, is known for its engineering school, and the city is known for its annual South by Southwest tech and media conference. Austin’s tech scene spans many verticals, but it’s particularly known for hardware, including semiconductors, as well as AI, biotechnology and cloud computing. And its food and music scene, low taxes and favorable climate has made the city a destination for tech workers from across the country.
Key Facts About Austin Tech
- Number of Tech Workers: 180,500; 13.7% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Dell, IBM, AMD, Apple, Alphabet
- Key Industries: Artificial intelligence, hardware, cloud computing, software, healthtech
- Funding Landscape: $4.5 billion in VC funding in 2024 (Pitchbook)
- Notable Investors: Live Oak Ventures, Austin Ventures, Hinge Capital, Gigafund, KdT Ventures, Next Coast Ventures, Silverton Partners
- Research Centers and Universities: University of Texas, Southwestern University, Texas State University, Center for Complex Quantum Systems, Oden Institute for Computational Engineering and Sciences, Texas Advanced Computing Center
