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Sterling Curtis
Compensation Consultant
Summary
Highly accomplished Compensation Consultant with over 10 years of experience in developing and implementing strategic compensation and benefits programs for Fortune 500 companies and multinational corporations. Expertise in compensation benchmarking, job evaluation, incentive plan design, salary structure development, and performance management. Proven track record of delivering innovative solutions that drive employee engagement, retention, and organizational success.
Education
Master’s Degree in Human Resources Management
October 2018
Skills
- Compensation Benchmarking
- Job Evaluation
- Incentive Plan Design
- Salary Structure Development
- Performance Management
- Compensation Analytics
Work Experience
Compensation Consultant
- Developed a compensation market analysis database for a Fortune 100 technology company.
- Assisted in the design and implementation of a performancebased pay program for a healthcare organization.
- Negotiated executive compensation packages with numerous CEOs and other seniorlevel executives.
- Developed and implemented a global equity plan for a global manufacturing company.
Compensation Consultant
- Developed and implemented a new compensation and benefits program for a Fortune 500 company, resulting in a 15% increase in employee satisfaction.
- Led a team of consultants in the design and implementation of a global compensation strategy for a multinational corporation.
- Conducted a comprehensive compensation audit for a large financial institution, identifying over $1 million in potential savings.
- Designed and delivered compensation training programs to executives and managers across various industries.
Accomplishments
- CAR Implemented a new payforperformance program that resulted in a 15% increase in employee productivity.
- CAR Led the development and successful implementation of a global compensation structure, harmonizing pay practices across 20 countries.
- CAR Designed and executed a comprehensive salary survey to benchmark market rates and identify internal pay equity gaps.
- CAR Oversaw the rollout of a new employee stock purchase plan, increasing employee ownership and aligning incentives with corporate goals.
- CAR Developed and implemented a performance management system that linked employee goals to compensation outcomes, enhancing employee motivation and accountability.
Awards
- Recognized with the WorldatWork Alliance Award for Excellence in Compensation
- Merit Award for Outstanding Contribution to Compensation and Benefits
- Fellow of the Global Remuneration Professionals Association (GRPA)
- Presidents Award for Innovation in Total Rewards
Certificates
- Certified Compensation Professional (CCP)
- Certified Benefits Professional (CBP)
- Certified Payroll Professional (CPP)
- SHRM Senior Certified Professional (SHRM-SCP)
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How To Write Resume For Compensation Consultant
- Quantify your accomplishments whenever possible to demonstrate the impact of your work.
- Highlight your expertise in specific areas of compensation consulting, such as executive compensation or global compensation.
- Showcase your ability to think strategically and develop innovative solutions to complex compensation issues.
- Emphasize your communication and interpersonal skills, as you will be working closely with clients and stakeholders.
- Tailor your resume to each specific job you are applying for, highlighting the skills and experience that are most relevant to the role.
Essential Experience Highlights for a Strong Compensation Consultant Resume
- Develop and implement comprehensive compensation and benefits programs that align with business objectives and industry best practices.
- Conduct thorough compensation audits to identify areas for cost savings and improve program effectiveness.
- Design and administer incentive plans that motivate and reward employees for performance.
- Evaluate and benchmark jobs to ensure internal equity and external competitiveness.
- Provide expert guidance to executives and managers on compensation-related matters.
- Stay abreast of industry trends and best practices in compensation and benefits management.
- Manage a team of consultants and support staff to deliver high-quality services to clients.
Frequently Asked Questions (FAQ’s) For Compensation Consultant
What are the key skills required for a Compensation Consultant?
Compensation Consultants need a strong understanding of compensation and benefits principles, as well as expertise in job evaluation, salary benchmarking, and incentive plan design. They also need excellent communication, analytical, and problem-solving skills.
What are the career prospects for Compensation Consultants?
Compensation Consultants can advance to senior-level positions within consulting firms or HR departments. They may also specialize in specific areas of compensation, such as executive compensation or global compensation.
What is the average salary for a Compensation Consultant?
The average salary for a Compensation Consultant varies depending on experience, location, and industry. According to Salary.com, the median annual salary for Compensation Consultants in the United States is around $110,000.
What are the different types of Compensation Consulting firms?
There are two main types of Compensation Consulting firms: boutique firms and large consulting firms. Boutique firms typically focus on providing specialized services to a specific industry or type of organization. Large consulting firms offer a broader range of services and may have a wider geographic reach.
How can I become a Compensation Consultant?
To become a Compensation Consultant, you typically need a bachelor’s or master’s degree in human resources management, compensation and benefits, or a related field. You also need several years of experience in compensation and benefits management. Some Compensation Consultants also obtain professional certification, such as the Certified Compensation Professional (CCP) designation.
What are the challenges of being a Compensation Consultant?
Compensation Consultants face a number of challenges, including the need to stay up-to-date on the latest compensation trends and regulations. They also need to be able to work independently and manage multiple projects simultaneously.
What are the benefits of being a Compensation Consultant?
Compensation Consultants enjoy a number of benefits, including the opportunity to work on challenging projects, make a difference in organizations, and earn a competitive salary.