Compensation and Market Pricing Consultant
Contract: 6-month contract
Compensation Consultant
Hybrid in Minneapolis, Minnesota or remote for well-qualified candidates.
Overview
We’re seeking a Compensation and Market Pricing Consultant to build market-aligned pay structures, define pricing methodology, and ensure the new job architecture is compensation-ready and validated in HRIS.
Key Responsibilities
- Define market pricing methodology: survey sources, match criteria, data aging, and treatment of hybrid roles.
- Design salary structures (bands/grades), build ranges, and set compa-ratio guardrails and slotting rules.
- QA mapping outcomes for consistency and equity; perform variance and pay impact analyses.
- Define compensation attributes for HRIS (grade/band, range IDs) and partner with HRIS and Comp to test and validate.
- Analyze geo pay strategies (national vs geo-differentiated ranges) and model cost implications.
- Contribute to compensation policies and guidelines; advise on structure design (technical vs managerial tracks) and trade-offs between market alignment, internal equity, and budget.
Qualifications
- 7+ years in compensation with deep experience in market pricing and pay structures.
- Hands-on experience building salary ranges and structures using survey data.
- Strong analytical and modeling skills (Excel/Sheets).
- Experience working with HRIS on compensation configuration.
- Data-driven, proactive, and comfortable presenting options, pros/cons, and recommendations to senior leaders.
Our consultants are eligible for 15 days of accrued PTO along with a 401K plan with a 3% company contribution.
Average salary estimate
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