Incentives Consultant

In a world of possibilities, pursue one with endless opportunities. Imagine Next!

When it comes to what you want in your career, if you can imagine it, you can do it at Parsons.  Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.

Job Description:

Parsons is looking for an Incentives Consultant to join our team! In this role you will get to be influential and responsible for providing key operational support for Parsons’ cash-based incentive programs and will serve as the subject matter expert and program administrator. This role will assist in the design and development of plans, documents, communication, education, and training. This role provides internal analytical expertise related to the compensation function, with an emphasis on cash-based incentive programs.

What You'll Be Doing:

• Administration of cash incentive compensation plans; short term incentive plans, sales compensation plans, deferral plans, and retention plans.
• Partner with Finance on collection of short-term incentive metrics and associated data elements, to include scorecard details, targets, and results.
• Partner with Human Resources Information Technology Team to ensure successful Workday load of incentive data elements and ensure incentives and associated data elements are displayed, calculated, paid and communicated accurately.
• Accurately track, monitor and report on budgets, participation and costs within each cash-based incentive program and partner with Finance and Payroll to meet reporting and payout deadlines on a monthly, quarterly and annual basis.
• Development and distribution of opportunity and payout documentation and associated communications for all incentive participants.
• Develop and distribute deferral plan statements.
• Generate incentive models and reports using complex formulas in Excel.
• Compile and analyze business relevant salary surveys and obtain comprehensive market data to analyze internal and external market practice and recommend incentive design and guidelines based on research and conclusions made from compiled research and client input.
• Participates in the design and development of incentive plans, project requirements, and implementation of new programs.

What Required Skills You'll Bring:

• Bachelors’ degree or equivalent in Business, Finance or Accounting preferred.
• 8+ years of progressive advanced professional experience in incentive compensation administration.
• Certified Compensation Professional (CCP) preferred.

What Desired Skills You'll Bring:

• Experience with Workday Advance Compensation preferred.
• Advanced skills in Microsoft Office, specifically excel (using formulas, v-look-ups, if statements, pivot tables, and working with large amounts of data).

Minimum Clearance Required to Start:

Not Applicable/None

This position is part of our Corporate team.

We’re driving the future of the national security and critical infrastructure markets. Our employees work in a close-knit team environment to find new, innovative ways to deliver smart solutions that are used and valued by customers around the world. By combining unique technologies with deep domain expertise across cybersecurity, missile defense, space, connected infrastructure, transportation, smart cities, and more, we're providing tomorrow's solutions today.

Salary Range: 

$83,300.00 - $145,800.00

We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle!

This position will be posted for a minimum of 3 days and will continue to be posted for an average of 30 days until a qualified applicant is selected or the position has been cancelled.

Parsons is an equal opportunity employer committed to diversity, equity, inclusion, and accessibility in the workplace. Diversity is ingrained in who we are, how we do business, and is one of our company’s core values. Parsons equally employs representation at all job levels for minority, female, disabled, protected veteran and LGBTQ+.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!