Compensation Consultant, Specialist at Vanguard

Hyderabad, Telangana, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Investment ManagementIndustries

Requirements

Minimum 8 years of total experience, including at least 5 years in compensation management and analysis
Bachelor’s degree (B.Com/ BBA/B.E./B.Tech) in relevant fields such as Human Resources, Business Administration, or equivalent
Master’s degree or diploma in HR, or professional certification (e.g., CCP) is preferred
Strong expertise in compensation design, job evaluation, benchmarking, pay structure management, and HRIS data analysis
Proficiency in analytical tools (e.g., Excel) and stakeholder communication
Familiarity with Workday and payroll systems

Responsibilities

Act as a lead compensation expert to advise divisional senior management on aligning pay programs, policies, and procedures with organizational goals
Implement creative solutions to specific compensation-related programs
Ensure the effectiveness of existing compensation practices and regulatory compliance, recommending timely revisions when needed, and keeping senior managers informed of updated policies
Oversee data within the HRIS to ensure accuracy of compensation information, including merit and incentive calculations, approvals for award payments, and payment records
Manage job evaluations, salary surveys, and analytical reporting to prepare recommendations and determine pay strategies and implementation based on findings
Own market competitive benchmarking for the defined business area and its application to compensation practices and strategies
Coach and contribute to the development of compensation analysts
Design and manage compensation programs including salary structures, short-term and long-term incentive plans, and other variable pay components to support organizational objectives
Conduct job analysis, evaluation, and classification to ensure internal equity and external competitiveness across roles and grades
Provide guidance and communication support to business leaders and HR partners on compensation plan features, pay policies, and implementation guidelines
Collaborate with external consultants and vendors, as needed, to obtain insights or support for compensation program design and benchmarking initiatives
Participate in special projects and perform other duties as assigned

Skills

Compensation Analysis

Market Pricing

Excel

Workday

Payroll Systems

Survey Data Interpretation

Job Evaluation

Compensation Administration

Analytics

Vanguard

Client-owned investment management firm offering low-cost funds

About Vanguard

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance track record.

Kline Township, PennsylvaniaHeadquarters

1975Year Founded

SECONDARYCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off

Risks

Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.

Vanguard's stake in Steelcase exposes it to the volatile furniture market.

New active bond ETFs may struggle in a low-yield environment with increasing competition.

Differentiation

Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.

The firm offers low-cost investment products, making it attractive to cost-conscious investors.

Vanguard's ownership structure allows it to focus on long-term investor value.

Upsides

Vanguard's new active bond ETFs offer diversified, low-cost fixed income options.

The acquisition of Steelcase shares diversifies Vanguard's portfolio into the furniture industry.

Launching the International Dividend Growth Fund appeals to investors seeking sustainable dividend growth.

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