Manager - Executive Compensation Consulting

Manager - Executive Compensation Consulting

• Requisition identifier: 202605923

• Location: Minneapolis, Minnesota, United States

• Location: Chicago, Illinois, United States

• Employment type: Full time

Description

As a Manager in our Executive Compensation and Board Advisory practice, you will work beside some of the industry’s top consultants while you develop deep and cutting-edge technical knowledge and skills. You will manage consulting projects while providing input to senior colleagues and overseeing and quality-reviewing analysts’ work.

You will partner with internal colleagues – including analysts, other consultants and technical experts – and the executive leadership of our clients to design and implement Executive Compensation and incentive program strategies to attract, reward and retain executive talent.

The scope of our projects will range from those focused solely on executive compensation and board and committee effectiveness, (e.g., rewards strategy, competitive compensation analyses, annual and long-term incentive program design, pay-for-performance analyses, shareholder engagement strategy and preparation) to those involving other lines of business such as M&A due diligence and integration, total rewards strategy design and optimization assessments. Client engagements will typically be with the relevant committee(s) of the Board, senior management, or both.

You will also participate in and contribute to activities that support continued revenue growth of the Work & Rewards line of business and WTW overall. These activities may include supporting local, regional and/or national marketing events, performing industry/topical research and developing intellectual capital, and participating in our firm’s industry and/or topical teams.

The Role

While every day and assignment are somewhat different, some of your main responsibilities will include:

• Delivering effective, consistent project management for multiple, marquee clients

• Drafting statements of work, project plans and budgets involving multiple workflow streams and client teams

• Serving as the day-to-day project lead, ensuring progress of the team against established objectives, budget, timeline, deliverables and quality standards

• Leveraging to and managing the work of junior staff, providing coaching and on-going feedback

• Operating as the key contact to clients on delivery of services; managing client expectations and raise appropriate issues to Senior Consultants

• Collaborating and contributing to the development, design and implementation of compensation programs that include total rewards strategy, competitive benchmarking, annual and long-term incentive plan design, employment contract review, change-in-control agreements, overall competitive pay analysis and pay-for-performance alignment

• Contributing to the development of new tools and approaches

• Supporting the generation of new business as part of the broader team by:

  • Assisting with new business development activities.
  • Participating in discovery discussions with prospects and developing / delivering proposals.
  • Establishing collaborative relationships with clients to understand their business and issues to better inform our consulting and to expand WTW’s relationship into new service areas.

• Contributing to the external visibility of WTW’s brand through intellectual capital generation, drafting articles, and attending and speaking at relevant conferences.

Qualifications

The Requirements

• A minimum of 5 years of design-orientated executive compensation experience in consulting or highly consultative corporate environments, and a genuine interest in this field

• Experience designing annual, equity, stock and other long- and short-term incentive programs

• Creative, analytical and results-driven orientation, demonstrated through the ability to draw conclusions, themes, and trends from data analysis and communicate results effectively

• Proven experience successfully managing multiple, multi-faceted projects and producing quality deliverables on time and within budget

• An executive presence with polished and well-developed communication skills, including experience making presentations and “sell” ideas to colleagues and management.

• Self-starter attitude and ability to work within ambiguity.

• Ability to work collaboratively in a team environment.

• Excellent Excel and PowerPoint skills and clear, concise written and verbal communication skills

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $94,000– $144,000 USD per year. This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off

• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

EOE, including disability/vets