Compensation Manager Mock Interview
Master 35 Compensation Manager interview questions covering pay equity, market analysis, and benefits design.
Question 20 of 35
Please give me some examples of wage setting projects that you have been a part of.
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Amy Hagan is an HR Executive turned HR Consultant. She has 20+ years of experience in human resources, including HR Specialist for the US Department of Defense.
As a Compensation Manager, your interviewer is looking to determine your experience and expertise in compensation analysis. Specifically for this question, they are looking to hear that you've been part of a wage setting project where you had to diagnose an issue, conduct thorough research and work to set the best possible wage for a particular job or career set.
Amy Hagan is an HR Executive turned HR Consultant. She has 20+ years of experience in human resources, including HR Specialist for the US Department of Defense.
"During my career, I have been part of several of these types of projects. The one that is most recently is with my current employer. The labor contract was about to expire with the union. The union decided they would run a class and comp study and use the material to justify higher raises. When management learned that the union was going to do their own study, they assigned me a project to complete a study on behalf of management. Typically we would outsource an entire class and comp study, but I purchased software that allowed me to create a custom class and comp in-house in time for labor negotiations. Management was pleased with the report, and we were able to meet an agreement with the union."
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