Benchmarking Specialist II

ABOUT PAYSCALE Payscale is the pioneer of compensation intelligence, helping organizations make smarter pay decisions that drive business performance. For more than 20 years, Payscale has combined trusted market data with AI-powered technology to deliver actionable insights that turn pay from a cost into a catalyst for growth. The Payscale Intelligence Cloud portfolio of solutions — Ascent, JobNav, and Paycycle — empower top companies and businesses like Cintas, Leidos, Chipotle, Ohio State University, and TJX Companies. Create confidence in your compensation. Payscale. To learn more, visit www.payscale.com http://www.payscale.com. The PayScale Benchmarking Team solves puzzles for our customers. We work to ensure that our customers' positions are benchmarked to the appropriate datasets for their jobs. We are experts in using PayScale’s proprietary crowd and company sourced data along with third party compensation surveys to ensure accurate benchmarking and market pricing for our customers. What You'll Do The role facilitates client kick-off calls, independently executes benchmarking projects, and manages complex pricing initiatives to ensure high-quality deliverables and client satisfaction. They assign projects to Benchmarking Specialists I, providing oversight for accuracy and timeliness, while maintaining organized administrative records. In job pricing, they analyze job descriptions to determine fair pay values and collaborate with U.S.-based teams for consistency. They handle client-specific requests and provide support on urgent benchmarking projects to meet deadlines. Additionally, they lead client communications through emails and video calls, conducting match reviews to validate job pricing and identify improvement areas. Day-in-the-Life: - Project & Team Management - Client Consultation: Facilitate client kick-off, test batch, match review, and final publishing calls. Apply deep benchmarking knowledge to align standard compensation processes with unique client business needs. - End-to-End Execution: Independently manage and deliver multiple complex pricing projects simultaneously, balancing competing deadlines while maintaining high-quality deliverables. - Team Oversight & Quality Assurance: Assign projects to Benchmarking Specialist I team members based on workload assessments and conduct rigorous quality checks on processed jobs to ensure accuracy. - Project Administration: Maintain project documentation, trackers, and administrative records throughout the project lifecycle, including project setup and maintenance activities such as pay market creation, account reviews, Salesforce updates, report generation, and project closeout. - Cross-Functional Collaboration: Collaborate closely with Customer Success Managers and Compensation Professionals to ensure seamless project execution and client satisfaction. Market Pricing & Data Analysis (Transactional Benchmarking) - Analyze job descriptions, organizational information, and client-provided data to determine appropriate market matches and compensation values. - Evaluate compensable factors such as scope, complexity, responsibility, experience requirements, and organizational context to support pricing decisions. - Document benchmarking rationale and supporting notes to ensure transparency, consistency, and alignment with established compensation methodologies. - Develop and analyze pay market configurations based on industry, organization size, geography, and other relevant market factors. - Deliver transactional benchmarking requests through Payfactors, MarketPay, and new platforms while ensuring accuracy and methodological consistency. Client Engagement & Consultation - Serve as the primary point of contact for clients throughout benchmarking engagements, proactively addressing inquiries, requests, and support issues while delivering a high level of customer service. - Manage client communications through professional email correspondence and virtual meetings. - Pr…