Here in our human resources organization at MassMutual, our mission is to create a workplace of choice where innovative, diverse and exceptional people thrive together. To help us to achieve this mission, we have a current opportunity for a Compensation Consultant in either our new Seaport Boston office or in our corporate home office in Springfield, MA. As a Compensation Consultant you will be a key member of our team as you develop, coordinate, and administer a variety of programs and activities covering multiple compensation related activities. You will be responsible for maintaining pay structures, conducting market pricing, completing market surveys, and analyzing compensation data. A Compensation Consultant needs to have strong analytical ability, judgment, and communication skills and will have experience in one or more areas of compensation.

The Team

Our Total Rewards team is comprised of a tight-knit group of collaborative professionals. The team's strengths lie with their communication, thought partnership, and analytical skills with a strong focus on attention to detail. As a Compensation Consultant you will be an integral member of the team partnering with Compensation Consultants assigned to various business areas. Our team members enjoy a hybrid schedule, combining in person office time a couple days a week with the flexibility of being able to work from home as well. As a Compensation Consultant you will also work to build relationships with our other center of excellence teams across HR including our HR Consulting, HR Operations and HRIS teams.

The Impact

As a Compensation Consultant you will help manage a variety of company-wide compensation activities in support of our enterprise compensation philosophy and total rewards strategy. You will have impact on the overall organization through, but not limited to the below responsibilities:

Compensation governance, compliance and audits
Oversee pay equity, SOX, FLSA, OFCCP and minimum wage audit processes
Ensure alignment of comp grades and job profile tied to open role requisitions and employee / organization updates and changes
Update and maintain accurate incentive targets for individuals, including removal of incorrectly tagged individual targets
Salary survey administration and research including participating in 35+ surveys and uploading resulting data to market pricing system
Be an expert in what surveys are available, what provides the most valuable data for MassMutual's evolving roles, and how to most effectively interpret and use the data available
Compensation planning administration including partnering with HRIS, compensation team, and people analytics on system-related process work, data testing and validation, and overall execution or annual cycle
Identify and help address process improvements cycle-over-cycle
Bi-weekly pay audits
Complete review of outbound and in-process payments prior to pay running
Workday and Payfactors system oversight
Lead semi-annual and on-demand Workday system updates and improvements
Partner with HRIS to size, scope, develop, test and implement Workday future enhancements
Partner on compensation integrations
Partner with others in the identification and implementation of process enhancements
Compensation data and reporting including partnering with comp leads on data and reporting as needed
Provide support for recognition program administration
Research compensation trends and best practices to share with team, along with potential recommendations for consideration
Special projects including providing subject matter expertise and guidance pertaining to compensation and survey information, job framework review and design, and total rewards statement redesign

The Minimum Qualifications

Bachelor's degree or 8+ years of professional experience
4+ years of compensation experience

The Ideal Qualifications

Experience with HRIS systems, specifically Workday
Certified Compensation Professional (CCP) designation (or progress towards designation) a plus
Strong collaborative working style
Effective time management and organization skills
Creativity and problem-solving skills
Focus on continuous improvement and efficiencies beyond own scope of responsibility
Strong analytical and critical thinking skills; ability to identify, evaluate, interpret, and organize data
Strong organizational skills with attention to detail and ability to work effectively in a fast-paced work environment
Excellent verbal and written communications skills and strong interpersonal skills
Demonstrated focus on client service and business acumen

What to Expect as Part of MassMutual and the Team

Regular meetings with the compensation team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused business resource groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

#LI-BO1

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

Offers of employment are contingent on the completion of satisfactory references, background investigation, and (if applicable) any federal securities law requirements/FINRA regulations (including fingerprinting) and/or passing of a drug screening.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

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Alex Mark

Director of Migration Technology

SYNERGISTIC INNOVATION

Making finance fun, agile and innovative

To Alex Mark, ‘synergy’ isn’t a buzzword. It’s what he works to optimize as MassMutual’s director of migration technology. Whether it’s sunsetting a legacy company platform or transitioning from another organization’s tech stack through a merger or acquisition, he aims to make these shifts as synergistic as possible. Mark, who has a background in both tech and finance, said, “What makes MassMutual different in fintech is that it gives you a place to innovate.” He added, “Our agile mindset allows us to quickly pivot in the industry. The way we look at finance is fun, agile and innovative.”

The culture here is great, especially if you’re a dev or into tech — there are tons of growth resources available to you. MassMutual does a great job of serving customers while also encouraging employees to think outside the box and innovate.

Asieh Ahani

Head of Data Analytics

Personal Growth

Observing trends and solving problems

Asieh Ahani leads the data analytics team at MassMutual. Her team is constantly observing the latest industry trends so they can solve problems at scale and track the impact on the organization. Her team, she said, “is empowered to harness technology to drive data-driven decision-making.” When it comes to what sets MassMutual apart, Ahani said her team and the company overall value iterative progress for self-improvement on professional growth, wellness and work-life balance.

I joined MassMutual because the type of projects my team was working on were very interesting and aligned with my interests and expertise in leveraging data science. I stayed because I had a great career path here.

Kymberly Terry

Digital Team Lead

Diversity, Equity & Inclusion

Supporting colleagues and celebrating wins

As a digital team lead at MassMutual, Kymberly Terry knows the value of creating strong cross-functional connections in a product team. One of the best experiences with that she had, she said, was the rotating DEI discussion groups that were intentionally made up of people from different teams and weren’t led by managers. “A scrum expert could be having a conversation with a product manager from a different team. It was another way to support your colleagues and celebrate their wins and to know where they might be having challenges,” she said. “It was also a catalyst for equity.”

One of the things that I appreciate the most about being a part of my team is really the inclusive culture. It's ingrained in every aspect of not only the work that we do, but also the way we interact with each other.

What are MassMutual Perks + Benefits

MassMutual Benefits Overview

At MassMutual, employees have the opportunity to earn a competitive salary and bonus, enroll in an
array of benefits, and participate in programs and services that support healthy lifestyles, assist them
in building financial security for themselves and their families and help them live well-balanced lives.

Culture

Volunteer in local community

Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift, Matching Time and Volunteer Time Off Programs.

Partners with nonprofits

Every year, MassMutual and the MassMutual Foundation invest more than $20 million focused on advancing economic opportunity. https://www.massmutual.com/about-us/corporate-responsibility/foundation

Open door policy

OKR operational model

Team based strategic planning

Open office floor plan

Employee resource groups

Employee-led culture committees

Hybrid work model

In-person all-hands meetings

Employees can either attend the in-person all-hands meeting, watch live via Zoom, or watch the recording. All employees are invited to submit questions.

Employee awards

Flexible work schedule

Flexible work arrangements, including telecommuting, are available in many departments across the company.

Remote work program

In addition to two remote days per week, MassMutual offers employees four full remote weeks of their choice per year.

Diversity

Documented equal pay policy

Dedicated diversity and inclusion staff

Highly diverse management team

More than half of our Board of Directors are comprised of women and people of color, making it one of the most diverse groups in the industry.

Mandated unconscious bias training

Diversity manifesto

Diversity employee resource groups

Hiring practices that promote diversity

Diversity recruitment program

Health Insurance + Wellness

Flexible Spending Account (FSA)

A health care flexible spending account (FSA) allows employees to save money on a before-tax basis for eligible medical, dental and vision expenses, subject to IRS limits.

Disability insurance

For details on short term and long term disability insurance please visit https://www.massmutual.com/-/media/files/employee_benefits.pdf

Dental insurance

Basic Dental covers preventive and basic restorative care; Major Dental covers all that Basic covers, plus restorations and orthodontia (limits apply).

Vision insurance

Health insurance

To learn more about our Health and Welfare Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

Life insurance

For more information about our Life Insurance Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

Pet insurance

Wellness programs

Team workouts

Mental health benefits

Transgender health care benefits

Wellness days

Abortion travel benefits

Our general medical travel benefit covers abortion-related travel.

Financial & Retirement

401(K)

In addition to our 401(k), MassMutual a cash balance plan that provides an account-based pension benefit based on accruals of pay credits and interest credits.

401(K) matching

Performance bonus

Charitable contribution matching

Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift and Matching Time Programs.

Pay transparency

Child Care & Parental Leave

Childcare benefits

Dependent care flexible spending account to allow you to set aside before tax dollars to pay for certain eligible child care expenses.

Generous parental leave

Leave for birth mothers of 18 weeks of fully paid leave. Non-birth mothers, fathers and adoptive parents eight weeks of fully paid parental leave.

Family medical leave

Caregiver leave: Up to two weeks paid leave to care for a loved one. Bereavement Leave: 15 days of paid time off to grieve the loss of a loved one with the employee defining who the loved one is.

Adoption Assistance

Company sponsored family events

MassMutual offers many opportunities for family events, from group volunteer experiences and chances to attend Red Sox games to business resource group-sponsored outings like annual pride parades.

Fertility benefits

Vacation + Time Off

Generous PTO

Paid holidays: 9 fixed and 1 floating. Vacation: starts at 19 vacation and personal days per calendar year, with increases at 5-year service intervals.

Paid volunteer time

Three days of paid time off is available to employees annually to give back to their communities, by sharing their time and talent with a cause close to their heart.

Paid holidays

Paid sick days

Occasional illness: up to 5 days per calendar year.

Flexible time off

Floating holidays

Bereavement leave benefits

Hardship benefits

320 hours of caregiver leave to take of loved ones when it matters most.

Office Perks

Commuter benefits

Free daily meals

Free snacks and drinks

Some meals provided

Onsite office parking

Recreational clubs

Relocation assistance

Fitness stipend

Home-office stipend for remote employees

MassMutual's wellness wallet is a stipend available to all employees, and can be used for myriad wellness-related purchases, including home-office purchases.

Meditation space

Mother's room

Onsite gym

Professional Development

Job training & conferences

Tuition reimbursement

Lunch and learns

Promote from within

Mentorship program

Continuing education stipend

Continuing education available during work hours

Online course subscriptions available