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Lead Compensation Advisor (Hybrid Work Schedule)

Mc Lean, Virginia
Job Type
1 Aug 2022
At Freddie Mac, you will do important work to build a better housing finance system and you ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

As part of Freddie Mac s return to the office pilot, all employees, contingent workers and visitors must be fully vaccinated against COVID-19 in order to be on-site unless they have an approved accommodation.

Position Overview:

Are you an organized, dedicated HR partner? Do you love a good challenge and delivering creative but practical solutions? Do you thrive using data to influence and negotiate with all levels of leadership? Do you have a favorite Excel function? If you ve answered "yes" to all the above, consider us as your next destination employer! Come join Freddie Mac s Compensation team, to partner with internal clients and leadership on all things pay-related and make sure our practices are aligned with our strategy to appropriately attract, retain, and reward our employees.

This position is a hybrid work schedule, requiring 2 days in the McLean, VA office and 3 days remote.

Our Impact:

Our team is responsible for ensuring competitive and cost-effective pay policies and practices

We help business leaders determine appropriate compensation levels for ad hoc and promotion requests and proactively identify pay challenges and trends

Our work ensures that delivered pay practices are fair and equitable

We are Workday-savvy, creating reports for data analysis, testing and implementing program enhancements, and configuring and delivering the annual merit and incentive payout cycle

Your Impact:

Compensation Consulting

As a compensation expert, provide guidance to the business on setting appropriate and equitable compensation levels for both base pay and incentive targets

Partner with divisional leadership to proactively identify and respond to compensation challenges

Manage and prioritize various compensation analyses and projects for the divisions

Provide presentation-ready findings and possible solutions to all levels of leadership

Market Research

Support the annual process to refresh our jobs market data

Analyze new data for your divisions jobs and review and communicate potential next-year impacts to the business

Review and analyze potential survey matches for new jobs, including officer roles

Keep abreast of current market trends in Compensation and the industry

Executive Compensation

Provide support for executive compensation actions. This includes market pricing research and recommendation preparations, collaborating closely with Business Partners, Executive Recruiters, Legal, HR Leadership and HRIS


Co-lead the end-of year compensation cycle in Workday, including configuration of the participant interface for entering merit increases and bonus payouts, and hosting user training demonstrations

Identify gaps in current team processes that could be streamlined in Workday, now or with future Workday releases

Participate in release-cycle testing and reviews

Use and/or configure reports to support pay analyses


College Degree or equivalent experience

Demonstrated expertise in MS Excel, MS PowerPoint

Experience using Advanced Compensation in Workday

High level of organization

Excellent written and oral communication skills

8+ years of compensation experience

A graduate degree or CCP is helpful

Asana or Jira experience is a plus

Key to success in this role:

Comfortable and confident interacting and influencing leadership

Curiosity to challenge the status quo and offer new insights

Intellectual agility and interpersonal flexibility

Proven track record to balance multiple types of work with multiple deadlines

Ability to personally engage with customers to learn and deliver on their needs

Ability to develop mutually beneficial relationships inside and outside of HR

Ability to create dynamic tools and models to interpret and analyze data

Apply now and learn why there s !

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit and register with our referral code: MAC.

Time-type:Full time

Job Category:Human Resources

FLSA Status:Exempt

Freddie Mac provides anticipated base salary ranges where required by law.
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  • Job Reference: 673970400-2
  • Date Posted: 1 August 2022
  • Recruiter: Freddie Mac
  • Location: Mc Lean, Virginia
  • Salary: On Application
  • Sector: I.T. & Communications
  • Job Type: Permanent