Compensation Specialist - 6 Months Contract

ROLE:             Compensation Specialist - 6 months Contract

REPORT TO:  Director, Total Rewards

LOCATION:     Hybrid, Corporate Office in Houston, TX 

The Opportunity

The Compensation Specialist partners with the Director, Total Rewards, to design, implement, and administer the company’s compensation programs across a portfolio of multifamily real estate properties and corporate operations. This role ensures compensation structures are competitive, equitable, and aligned with the company’s strategic objectives — attracting and retaining top talent across property management, development, construction, and corporate functions. The Compensation Specialist serves as a subject matter expert on all matters related to base pay, incentive compensation, and pay equity, partnering closely with HR Business Partners, Finance, and senior leadership.

Key Job Responsibilities

• Partner with the Director, Total Rewards, to develop and maintain the company’s compensation philosophy, structures, and policies, ensuring alignment with business strategy and market competitiveness
• Support the annual compensation planning cycle including merit increases, promotions, market adjustments, as well as the administration of quarterly on-site performance bonuses, annual incentive payouts, and leasing commissions.
• Conduct and participate in salary surveys, performing market pricing and benchmarking analyses for roles spanning corporate, property operations, maintenance, construction, and development functions
• Support the design and maintenance of the company’s job architecture framework, including job leveling, titling conventions, FLSA classifications, and salary grade structures
• Prepare and present compensation analytics, dashboards, and recommendations to senior leadership, translating data into actionable insights
• Partner with Talent Acquisition to develop competitive offer strategies and ensure internal equity when onboarding new hires
• Conduct pay equity analyses and support compliance with federal, state, and local compensation-related regulations, including pay transparency laws across applicable jurisdictions
• Advise HR Business Partners and hiring managers on compensation decisions, policy interpretation, and exception requests
• Support the Director, Total Rewards on executive compensation matters, senior-level reporting, and special projects as needed
• Evaluate the effectiveness of existing compensation programs through cost modeling, turnover analysis, and ROI assessments, recommending enhancements where appropriate
• Stay current on compensation trends in the multifamily and real estate investment industry, including regional labor market dynamics affecting property-level staffing
• Assist with the implementation of a new human capital management system, ensuring compensation data structures, workflows, and reporting requirements are accurately configured.

Candidate Profile 

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field required; Certified Compensation Professional (CCP) designation preferred.
• Five to seven years of progressive compensation experience, with at least two years managing broad-based compensation programs; experience in multifamily real estate, property management, or a similarly distributed, multi-site workforce environment preferred.
• Demonstrated proficiency with compensation survey tools and market pricing platforms such as Payscale, Radford, Mercer, or WTW
• Advanced Excel and analytical skills required; working knowledge of Power BI preferred; experience with HRIS platforms such as Workday or ADP preferred
• Experience participating in or leading an HCM system implementation preferred
• Strong understanding of FLSA, pay equity legislation, and compensation-related regulatory requirements
• Proven ability to communicate complex compensation concepts to non-technical audiences, including senior executives, with a strong attention to detail and the ability to manage multiple priorities in a fast-paced environment.

COMPANY OVERVIEW    

Venterra Realty is a growing developer, owner, and operator of multifamily apartments with 90 mixed-use and multifamily communities across 22 major US cities. Over 50,000 people and more than 10,000 pets call Venterra "home"! The Venterra Team is focused on achieving excellence in serving its three major stakeholders: residents, employees, and investors. Venterra has enjoyed tremendous growth and financial success over its 24-year history. This success has been achieved through the exceptional commitment and dedication of Venterra's approximately 950 team members. Find out more about Venterra Realty and its award-winning company culture at Venterra.com. 

Explore our communities at VenterraLiving.com, and visit Venterra.com to learn more about how we’re out-caring the competition by staying true to our value proposition: “We care more about renter experiences, which drives superior results.”   

Venterra Realty is an equal opportunity employer. Accessibility accommodations are available on request for candidates taking part in all stages of the selection process.  

Work Authorization Requirement: Applicants must be legally authorized to work in the United States at the time of application and throughout employment. The company does not provide visa sponsorship for this role.