The Compensation Manager we hire will need to break down complex data in a way that could be quickly understood and acted on by your team of HR specialists and support staff. How would you go about doing this?
Whether you will be working with complex compensation survey data or advanced pivot tables within an Excel spreadsheet, you will need to have the ability to present this complex information to key stakeholders and HR colleagues in a manner that is simplified and makes sense to them. With this question, your interviewer is checking to ensure that you have the knowledge and skills to break down a complex set of information, both into Layman's terms and into smaller parts. Talk about how you would explain complicated data to your colleagues in this role and, if possible, give an example of a time that you did just this on the job.
"Compensation data can be confusing to people that don't live and breathe compensation on a daily basis. Over the course of the last three years, I've been making a strong push for our nursing staff to be compensated more competitively compared to other health care organizations. I put together a comprehensive reports on a three year history of compensation surveys in our region and I broke all of the information in my report in terms that were easy to understand for all of our senior leadership. I customized my report to group different shifts with reported wages and compared this against our current scales at that time. In the end, the report was successful in convincing our leadership that new wage scales would need to be implemented for our different nursing positions for us to stay competitive."
