Lead Compensation Consultant - Short-term Incentives (Full-Time Remote or Hybrid) at Target

| Minneapolis–Saint Paul, MN | Remote
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About us:
Target is an iconic brand, a Fortune 50 company and one of America's leading retailers.
Target Human Resources is well known for its signature ability to build the very best teams, and we infuse our work with Target's distinctive retail brand by continuously experimenting, evolving and innovating. With the chance to positively impact nearly 350,000 people worldwide in our stores, distribution centers and headquarters, you'll be a strategic partner to both the leaders and the team members who elevate and nurture the Target guest experience. Our dynamic, passionate and responsive team comprises specialized people-professionals from several diverse disciplines. We operate behind the scenes to create a progressive culture of value, respect, reward and professional advancement.
As a Lead Compensation Consultant (Short-term Incentive Plans), you will be responsible for designing, implementing and managing short-term incentive (bonus) plans that help Target attract and retain top talent. You will be responsible for building relationships across HR, Finance and Legal teams to support the planning and execution of your work. Some core responsibilities include:
  • Design, implement, and manage short-term incentive plans that reward team members for Target's performance and their personal performance in a market competitive manner
  • Measure the effectiveness of short-term incentive programs to ensure organizational objectives are being met. Provide resulting recommendations to Compensation leadership to change or enhance programs
  • Lead Target's annual bonus program execution including accrual forecasting and management in partnership with Finance
  • Consult with Target subsidiaries on the design and execution of their short-term incentive plans
  • Lead and manage retention programs that enable Target to retain top talent
  • Create and foster ongoing partnerships with Human Resources, Legal, Tax and Finance teams, as well as numerous external partners, to identify and resolve compensation issues
  • Participate in market research and analysis to establish competitive pay programs within our markets. Recommend programs and systems that recognize and incent performance, help to retain team members and ensure internal consistency
  • Conduct or contribute to special projects as requested or needed

Requirements
  • Bachelor's Degree
  • 5-7 years Compensation/Human Resource experience
  • Strong financial acumen and/or previous experience in a Finance or Accounting role
  • Leadership abilities
  • Effectively presents ideas to all levels
  • Strong collaboration skills and ability to partner across teams and levels
  • Demonstrated ability to anticipate key issues and problems
  • Possess a high level of initiative
  • Analytical skills
  • Decision making skills
  • Time management and prioritization skills

This position may be considered for a Full-Time Remote or Hybrid work arrangement based on Target's needs. A Hybrid work arrangement means the team members core role will be a blend of virtual and onsite at a Target location. A Full-Time Remote work arrangement means the team member works full-time from home or an alternate location that's not a Target location, does not have a desk at their primary HQ work location and may travel to HQ up to 4 times a year.
Colorado, Connecticut or Nevada Residents Only: The salary range for Colorado, Connecticut or Nevada residents is $85,400-$153,700 . Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Find competitive benefits from financial and education to well-being and beyond.
Americans with Disabilities Act (ADA)
Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.
More Information on Target
Target operates in the eCommerce industry. The company is located in Minneapolis, MN, Brooklyn Park, MN, Tempe, AZ and Sunnyvale, CA. Target was founded in 2022. It has 172344 total employees. To see all 250 open jobs at Target, click here.
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