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Consultant, Compensation

Company: Lincoln Financial Group
Location: Saint Paul
Posted on: January 22, 2023

Job Description:

Alternate Locations: Work from Home; Radnor, PA (Pennsylvania)Work Arrangement: Hybrid/HomeRelocation assistance: is not available for this opportunity.Requisition #: 70997The Role at a Glance:Lincoln Financial Group maintains a compensation program that is internally equitable and externally competitive and pays for performance by rewarding performance that is above expectations with above-average pay. We design incentive programs that are engaging, competitive, and aligned with business results using best practices while keeping our various stakeholders front of mind.This position will be required to analyze and administer sales and broad-based compensation programs, policies and procedures, and perform and communicate detailed and thorough analysis of the compensation plans to ensure alignment with strategic financial objectives and desired business results.What you'll be doing:

  • Provide sales and broad-based compensation advice & consultation to HR Business Partners and management within assigned client group(s) related to our compensation programs to ensure all parties have a full understanding of the organization's compensation strategies.
  • Conduct more complex analyses and scenario modeling to assess internal equity and external market competitiveness of compensation plans to attract and retain key talent. Recommend program design enhancements where necessary.
  • Partner with assigned client group(s) to develop job descriptions that reflect the roles core responsibilities and are aligned to the Career Framework.
  • Participate in the planning, design, administration and analysis of the annual performance management, merit, incentive, and equity processes.
  • Participate in annual salary survey submission process submitting Lincoln data to all assigned vendor surveys.
  • Maintain current knowledge of compensation developments and trends, assess the impact, and ensure that new trends/developments are appropriately incorporated into compensation initiatives.
  • Craft, implement and execute compensation communication plans for area(s) of responsibility. Conduct training for assigned client group(s) on compensation programs as needed.
  • Ensures compensation programs are compliant with internal policies and external regulations.What were looking for:Must-haves:
    • 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's)
    • 3 - 5+ years of sales and/or broad-based compensation experience. (Required)
    • Advanced Excel/Pivot Tables proficiency required. (Required)
    • Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
    • Strong project management skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.Whats it like to work here?At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.Whats in it for YOU:
      • A clearly defined career framework to help you successfully manage your career
      • Leadership development and virtual training opportunities
      • PTO/parental leave
      • Competitive 401K and employee benefits (https://hrdirectdocs.lfg.com/misc/HR/Recruiting/BenefitsResourcesGuide.pdf)
      • Free financial counseling, health coaching and employee assistance program
      • Tuition assistance program
      • A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations
      • Effective productivity/technology tools and trainingWork ArrangementHybrid/Home : Employees will work from home on average more days per week.About The CompanyLincoln Financial Group, a Fortune 200 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas Life Insurance, Annuities, Retirement Plan Services and Group Protection focus on supporting, preserving and enhancing over 17 million customers lifestyles and retirement outcomes.Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of June 30, 2021.Ranked one of the Best Large Employers in America and Best Employers for Women by Forbes magazine as well as one of Newsweeks Most Responsible Companies, Lincoln Financial Group makes a serious investment in our employees futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.Lincoln is committed to creating a diverse and inclusive (https://www.lfg.com/public/aboutus/companyoverview/diversityinclusion?audience_page_id=1422918942386) environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on Facebook (http://www.facebook.com/lincolnfinancialgroup) , Twitter (https://mobile.twitter.com/lincolnfingroup) , LinkedIn (https://www.linkedin.com/company/4307?trkInfo=tas%3Alincoln+financial%2Cidx%3A3-1-3&trk=tyah) , and Instagram (https://www.instagram.com/lincolnfingroup/) . Sign up for email alerts at http://newsroom.lfg.comBe Aware of Fraudulent Recruiting ActivitiesIf you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview. Please contact Lincoln's fraud team at fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.Additional InformationThis position may be subject to Lincolns Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincolns current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.Lincoln Financial Group (LFG) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, Veteran status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.This Employer Participates in E-Verify. See the E-Verify notices. (https://www.e-verify.gov/)Este Empleador Participa en E-Verify. Ver el E-Verify avisos. (https://www.e-verify.gov/es)Lincoln Financial Group ("LFG") is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Opportunities throughout LFG are available to employees and applicants and are evaluated on the basis of job qualifications. We have a drug free work environment and we perform pre-employment substance abuse testing.

Keywords: Lincoln Financial Group, St. Paul , Consultant, Compensation, Professions , Saint Paul, Minnesota

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