Description
Senior Associate/Manager , Compensation
The Opportunity:
Alvarez and Marsal (AandM) is a global professional services firm specializing in performance improvement and business advisory services. AandM delivers speciali zed operational, consulting, and industry expertise to management and investors seeking to accelerate performance, overcome challenges, and maximize value across the corporate and investment lifecycles. Founded in 1983, the firm is known for its distinctive restructuring heritage, hands-on approach, and relentless focus on execution and results.
AandM's Compensation and Benefits practice is currently seeking a Manager with key expertise in the area of Broad-Based Compensation. The ideal candidate will work with our team of professionals to advise companies of all sizes on various compensation and benefits matters. When you join us you will gain unique experiences and valuable knowledge working across capabilities, sectors, and geographies, and have the opportunity to take control of your career progression.
As a Manager , you will assist clients with the design, implementation, communication, and monitoring of their compensation philosophy and strategy. The types of programs we consult on include base salary, annual incentives, long-term incentives, executive-level retirement, deferred compensation, and fringe benefit plans.
Primary Responsibilities Include:
Complete complex compensation and benefits projectsProvide competitive market data, quantitative/qualitative analysesParticipate in multiple broad-based compensation engagements for a diverse client base, both in and out of the transaction settingContribute to client satisfaction by providing timely and effective responses to client needs and concernsBenchmark, design, and implement annual incentive plans
Review, create, and implement salary structures for organizations of all sizesConduct statistical analyses of compensation dataModel financial impact of compensation plansConduct performance metrics studiesMonitor compensation trends
Participate in marketing initiatives including support on developing compensation work and methodology approaches, writing and supporting proposals and conducting surveysParticipate in client meetings and work within a team environment to deliver fully integrated compensation and benefit services to clientsWith this position, you will further your analytical and communication skills while adding value for our clients by helping solve their complex problemsLead client engagements on a day-to-day basis and manage staff members on various projects, including:
Benchmark compensation and develop reports to support the compensation recommendations
Design annual and incentive plansReview/draft technical memorandums and letters related to compensation and benefits issuesReview the calculations and work product of peers for accuracy and reasonableness, serving as a thorough reviewer of data and results (most of the work product reviewed will be in Excel and PowerPoint)Interpreting and applying laws, regulations, judicial precedent and other guidance
Qualifications:
Bachelor's degree required, Advanced Degree preferred (i.e., JD, LL.M. in Taxation, and/or World at Work Certified)4-5 years of related work experienceStrong knowledge of compensation and statistical analysis, incentive plan design and analysis, and pay structure analysis and design
Excellent verbal and written communication skills and ability to articulate complex information, including presenting complex topics in easily understood terms to clientsStrong analytical skillsAbility to simultaneously work on and manage several projects and effectively manage deadlinesHigh motivation to learn and growProficient in Excel, PowerPoint, and Word
Compensation Statement:
The annual base salary range is $ 85-130k , commensurate on experience. In addition, AandM offers a di cretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Benefits Summary:
Regular full-time and part-time employees (working at least 30 per week) are entitled to an allotment of paid time off comprised of vacation, sick, and personal time as determined by their position and length of service.
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity