Compensation Consultant

Job Posting End Date06-02-2025

Please note the job posting will close on the day before the posting end date

Job Summary

Where Putting the Customer First Powers Everything We Do!

At AEP, we're more than just an energy company - we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!

We seek a skilled Compensation Consultant to serve as the primary contact for HR and business leaders on compensation matters. This role involves developing and implementing the annual compensation planning process and managing base pay, wage schedules, incentive plans, and recognition programs. The consultant will conduct salary surveys and market analysis to ensure competitive talent recruitment and retention, while collaborating with Talent Acquisition, HRIS, Payroll, and HR Business Partners to ensure compliance with compensation policies.

Job Description

What You'll Do:

Consult with and assist business unit leaders and Human Resources staff in regard to matters concerning compensation programs to ensure consistent practices and pay equity across the Company.

Conduct or coordinate participation in external surveys related to employee compensation and compensation policies.

Perform analysis and make recommendations based upon the results. Evaluate positions to determine accurate market competitive pay, internal grading, and compliance with FLSA laws.

Provide guidance to HR Business Partners, Talent Acquisition, and business unit leaders on job offers to candidates to ensure pay is market competitive and internally equitable.

Work with Equity and Inclusion on annual pay equity studies.

Provide analysis and help determine any corrective course of action. Lead or assist in managing employee recognition program.

Supports the annual compensation planning process.

Partner with HR Business Partners to provide guidance to leaders regarding application of manager discretion to salary increases and incentives.

Conducts reporting and audits to ensure recommendations are within company policies and practices.

Assist compensation team with special projects or emergent activities, such as those related to acquisitions or divestitures.

Develop and maintain subject matter expertise through outside sources and consult with clients on compensation trends and issues and how these issues may impact the company and how the Company should respond.

Develop and implement effective communications necessary to establish and maintain a sound compensation program that contributes to the overall objectives of AEP.

Work with others within the HR organization in communicating new programs, policies and procedures with business units throughout the Company.

What We're Looking For:

Education:

Bachelor's Degree in business administration, human resources management, industrial management or a related discipline; or Associate's Degree with two (2) years of HR experience.

Experience:

In addition to any experience required above, four (4) years of human resources experience, to include two (2) years of compensation experience.

Expert technical knowledge and analytical skills in the use of spreadsheet, database and word processing software required.

Knowledge with various wage and hour laws.

OTHER REQUIREMENTS:

World at Work designation as a Certified Compensation Professional (CCP) preferred.

Strong consulting, interpersonal and communication skills.

#LI-ONSITE

#AEPCareers

Compensation Data

Compensation Grade:

SP20-007

Compensation Range:

$85,081.00-106,352.50 USD

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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

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