The Principal Compensation Governance Consultant will be responsible for governance of all compensation and commission related activities (policy documentation, risk management, controls, compliance, audits, and action plans). Responsible for the timely, accurate, and comprehensive understanding of federal and state statutory and regulatory matters, related to Compensation programs and practices. Subject matter expert and advisor to the Compensation team and clients on compliance guidelines and promoting a risk-management oriented work environment.

• Create and maintain a Compensation Governance program. Identify and create an operational control framework to ensure effectiveness and accuracy of compensation administration. Work closely with the Compensation team to ensure adherence to Comp Governance program and set up sustainable practices across the team to document Compensation policies, plans, and procedures. Develop oversight, testing, and monitoring processes to ensure consistency and readiness for internal audits. Complete gap analysis and partner with the correct stakeholders to identify and remediate any risk and compliance issues. Responsible for completing any internal audits and action plans.
• Maintains knowledge of significant current and proposed legislation (federal, state, and local) affecting Compensation to support strategic business objectives and ensure compliance. Works in close collaboration with internal and external legal counsel when legal opinion is required, and maintains close working relationships with key Paychex Risk Management team members. Analyzes and provides guidance to all Compensation personnel, as appropriate, with regard to federal, state, and local regulations to ensure Paychex compliance.
• Consults on any revisions to and/or new versions of compensation plans and practices to ensure changes and/or modifications are within legal and compliance guidelines and Paychex administrative procedures.
• Reviews and maintains documentation to ensure compliance with regulatory requirements. Recommends and coordinates changes to other Compensation documentation required by state and Federal mandates or other regulatory changes.
• Translate regulatory and policy governance/requirements into clear guidelines for clients.

• We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
• We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
• We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
• We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
• We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.

Not sure if you meet every requirement?

At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.

Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment.