Senior Associate, Compensation and Incentive Designs

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

The Compensation and Benefits team assists clients and RSM professionals across the firm with respect to a variety of compensation related issues including retirement plans, executive compensation, fringe benefits and other payroll-related tax issues. Members of the team follow firm and team processes to lead client projects and communication while working with a team of individuals and assisting to train others.

Overview:

As a Senior Associate, you will contribute to the analysis, design, and implementation of customized compensation programs that meet our clients' needs and objectives. This role offers the opportunity to further develop your expertise in compensation consulting while making an impact on our clients' success.

Essential Job Duties:

Client Support: Provide support on client engagements, including conducting research, data analysis, and preparing client deliverables. Assist in gathering client requirements, documenting findings, and presenting recommendations.

Compensation Consulting: Assist in analyzing client data, such as internal pay structures, market benchmarks, and industry trends, to assess the competitiveness of compensation programs. Contribute to the development of insights and recommendations based on data analysis.

Incentive Plan Design: Provide support on the design and customization of incentive programs related to the development of performance metrics, eligibility criteria, and payout structures aligned with client objectives.

Tax Considerations: Assist in identifying tax implications related to compensation and incentive programs. Collaborate with engagement leads to ensure compliance with relevant tax regulations.

Compliance Monitoring: Assist in monitoring and understanding regulatory changes and industry standards related to compensation and taxation, and where it may impact clients.

Documentation and Reporting: Prepare documentation, presentations, and reports for client meetings and project deliverables. Ensure accuracy and clarity in all communications to clients and internal stakeholders.

Learning and Development: Continuously expand your knowledge of compensation principles, incentive design techniques, and tax considerations through training and self-study. Seek opportunities to learn and contribute to team knowledge sharing.

Collaboration: Work collaboratively with team members across functions and LOB’s to deliver high-quality solutions and exceed client expectations.

Minimum Qualifications:

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field with 3-5 years of experience in global mobility, compensation, HR, finance, or a related area.

• Basic understanding of compensation principles to include incentive plan structures (short-term and long-term) and tax implications.
• Knowledge of compensation benchmarking methodologies and survey participation.
• Experience working in a professional environment, preferably in consulting or client-facing roles.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills.
• Experience working in Microsoft Office applications, including Excel.
• Knowledge of HRIS platforms and compensation management software.
• Demonstrated ability to manage multiple tasks and prioritize effectively.

Preferred Technical/Soft Skills

• Ability to work independently and multi-task within high volume environment with minimal supervision
• High service orientation, detail-oriented with exceptional organizational and workload prioritization and management skills
• Ability to learn quickly, deal with ambiguity, and think independently
• Excellent client service skills
• Ability to recognize situations or questions that need escalation
• Strong written and verbal communication, presentation, and instructional skills
• Experience working with project management technologies/tools (Smartsheet, etc.)
• WorkDay HCM experience  

At RSM, we offer a competitive benefits and compensation package for all our people.  We support and inspire you to prioritize your wellbeing by delivering personalized, holistic programming f