Compensation Associate Resume Sample
Work Experience
- Assist with the development, testing and maintenance of BlackRock’s online year-end compensation review system
- Analytics: Perform intermediate to complex analysis, assessing results, spotting trends in the data and making recommendations as appropriate. This includes various reports/analysis for Executive Management meetings
- Primary point of contact for employees on paid parental leave, Family Medical Leave, sick leave, short and Long-term disability, ADA related leaves, military leave, Workers’ Compensation, DBA and leaves of absence
- Provide consultation to Compensation Managers and Business Partners on Incentive Plan design and changes. Interpret plan components and administrative guidelines to ensure partners’ knowledge
- Partner with HR, Sales Operations, Sales and BI teams to setup accurate quotas, territory assignments and revenue crediting
- Execute the quarterly process to create/change, publish, and obtain sign-off's of the individual comp plan documents and calculator tools
- Work with BI to resolve outstanding system issues
- Provide support for cross-functional compensation related inquiries and requests (e.g. payroll, accounting accruals, SOX support)
- Provides administrative support to the compensation team and support to assigned client area managers. Follows compensation programs, policies and procedures. Ensures compliance with state and federal laws governing compensation practices
- Responsible for data entry into PeopleSoft for market and pay adjustments. Runs audit and informational reports for team and individual use
- Participates in salary surveys by gathering data to determine appropriate matches for assigned positions and client areas
- Assists with job evaluations for existing and new positions to determine appropriate salary grade. Follows appropriate procedures for review and final approvals
- Partners with the Compensation team and the HR Staffing team regarding offers to external candidates, internal transfers and promotions. Reviews compensation guidelines and associated pay structures
- Preparing and maintaining various Compensation models which assess the impact of key variables on individual and aggregate Partner compensation
- Preparing and monitoring the deferred compensation programs for Partners in certain countries, ensuring calculations are accurate and any Partner changes to the plans are properly reflected
- Reviewing local office compensation eligible for Profit Sharing Retirement Fund (PSRF) and providing feedback to Local Controllers
- Preparing and tracking of Partner compensation payments to be processed by local offices
- Documenting non-standard compensation terms and ensuring their impact is properly reflected within the compensation models as well as in communications sent to Partners and local offices
- Maintaining strong working relationships with other BCG departments that provide inputs into compensation models particularly Accounting, Payroll and Local Controllers
- Administering quarterly compensation payments for non-US partners via Payroll or Treasury
- Recording and reconciling the Partner short term and long term awards into country sub ledgers for use by International Accounting and Local Offices
- Reconciling on a regular basis global Partner awards with local payment plans and documenting variances
- Supporting Local Controllers and Global Services Planning Group on financial planning process related to Partner compensation
Education
Professional Skills
- Communicates effectively, gearing messaging towards the target audience and employing strong negotiation and buy-in skills as needed
- Excellent written and verbal communication skills with a strong executive presence and ability to interact with C-Suite executives and Board members
- Analytical and modeling skills, as well as experience with financial statement analysis
- Proficient PC and keyboarding skills with ability to multi-task with different applications
- Work in a fast-paced and collaborative environment and adjust to changing priorities while making regular progress on assigned projects
- Understands shifting priorities, is comfortable navigating through ambiguous situations
- Analytical, modeling and financial statement analysis experience
How to write Compensation Associate Resume
Compensation Associate role is responsible for compensation, finance, modeling, messaging, organization, analytical, database, payroll, analysis, reporting.
To write great resume for compensation associate job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Compensation Associate Resume
The section contact information is important in your compensation associate resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Compensation Associate Resume
The section work experience is an essential part of your compensation associate resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous compensation associate responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular compensation associate position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Compensation Associate resume experience can include:
- Responding to numerous ad-hoc requests for information on Partner Compensation Plans from other departments within the Partner Services Group and the wider Global Finance Organization
- Can build strong relationships grounded in trust and consistently advise on best practice
- Compensation experience
- Expert knowledge of Excel and strong knowledge of PowerPoint; and
- Preparing annual Partner communications and supporting the local distribution to Partners of information regarding their compensation
- Creating and maintaining documentation of policies and procedures related to audits and QA processes
Education on a Compensation Associate Resume
Make sure to make education a priority on your compensation associate resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your compensation associate experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Compensation Associate Resume
When listing skills on your compensation associate resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical compensation associate skills:
- Experience within corporate compensation, HR professional services or HR consulting firm
- Significant skill using Microsoft Excel
- Experience in a related field
- Experience with compensation software (e.g. Xactly, Callidus, IBM Varicent, Cognos, etc.)
- Previous global experience in Executive Compensation analysis and equity administration
- Strong interest in human resources
List of Typical Skills For a Compensation Associate Resume
Skills For Mortgage Banking Compensation Associate Resume
- Understanding of Long-Term Incentive Plan concepts and designs
- Working knowledge of corporate compliance requirements
- Assisting in the preparation and execution of job evaluations and annual wage and salary review programs
- Ensuring the quality, integrity and timeliness of the department's reports, management reviews, and other analytical reports
- Ensuring the accuracy of records and data related to compensation in the HRIS
Skills For Sales Compensation Associate Resume
- Collaborating with team members in Partner Services Group and wider Global Finance Organization on various projects as necessary
- Quality checking a percentage of processed items from the Technology Management group including at least 10% of Technology Activations and Terminations
- Preform monthly product reconciliations of technology products such as; Portfollio Manager (LPL & AXA), WealthVision, BranchNet (manual only), using tools such as Microsoft Excel or Microsoft Access
- Monitor, record, and communicate QA trends including but not limited to; RPM’s, weekly QA reporting, status updates, and reconciliation reviews
- Coordinate all activities for the Long-Term Incentive Plan (LTIP) grants and vesting’s including employee communications, education and escalations
- High level of confidentiality and discretion in handling of compensation matters
- BA/BS in Finance, Accounting or equivalent
- Assists with monitoring changes in federal, state and local compensation laws and regulations to ensure organizational compliance
Skills For Benefits & Compensation Associate Resume
- Provide compensation consulting and advice to HR Business Partners, Talent Acquisition and SA management
- Evaluate job descriptions and placing in the SA career band structure
- Assist in codifying current compensation processes and communicate same
- Provide support and direction on ad hoc projects to support audit efforts and customer requested information
- Build a career with a great company with exposure to multiple parts of the business
Skills For Senior Executive Compensation Associate Resume
- Fast paced, dynamic environment
- Work independently as well as in a team environment and establish relationships
- Advanced proficiency in Excel and other Microsoft Products (Word, PowerPoint)
- Strict attention to detail and confidentiality required
- Familiarity with databases and overall data management
- Administers human resources compensation policies and procedures to ensure accurate analysis and implementation of employee compensation while remaining within budgetary constraints
- Some experience in an analytical role
Skills For Firm-wide Compensation Associate Resume
- Juggle small projects independently, or larger, or complex projects under Principal’s supervision to ensure client deadlines are met
- Execute the quarterly process to create/change, publish, and obtain sign-off's of the individual compensation plan documents and calculator tools
- Analyze compensation surveys and update salary data on an annual basis
- Provide data to managers for the year end compensation process and analyze information to assist SA in achieving a performance based and differentiated distribution of salary increases and incentive awards
- Provide ad-hoc compensation reporting and analytics as needed
Skills For Client Compensation Associate Analyst Resume
- Manage and administer compensation processes
- Evaluate, research, and answer HR tickets related to compensation
- Streamline and develop a procedural guide to reflect current practices; and
- Participate in the support and maintenance of Workday HCM
- Is proactive, precise, logical, objective, solutions-oriented, and ambitious
- Serve as subject matter expert for all aspects of the equity administration function. Manage 3rd party vendor relationship and interface with key global business partners in HR, Legal, Tax, Finance, Audit, and Payroll
Skills For Asset Management Compensation Associate Resume
- Participate in the administration of executive compensation programs for officer and key executives. Programs include base pay evaluation, short- and long-term incentive plans and deferred compensation plans
- Support in the preparation of executive employee communications and annual compensation summary packets
- Assist in the preparation of the quarterly Compensation Committee materials
- Work with internal and external resources in the preparation of the company Proxy. Assist in the annual preparation of the Compensation Discussion and Analysis (CD&A) and the Summary Compensation Table and associated other tables as part of the annual Proxy statement