Compensation Manager

Description:

Job Responsibilities:

• Provides support on compensation program and process design, management, and analysis in a variety of ways which may include compensation plan management to include changes to base pay, and incentive compensation plan.

• Maintains up-to-date knowledge of compensation trends and standard methodologies in the marketplace.

• Presents to executive audiences and large groups, both in-person and virtually, and adept at answering questions in an informative capacity.

• Collaborates efficiently with an open-minded approach and inclusive leadership style.

• Compensation Evaluation and Analysis: Job analysis, evaluation and classification, survey participation, market pricing, policy benchmark and review, and regulatory compliance.

• Communication: Provides guidance on annual compensation review & planning cycle, compensation program features, plans, and updates, education materials, training facilitation, and compensation statements.

• Vendor Management: Collaborates with consultants on compensation related initiatives and reporting to include market pricing system, custom salary surveys, and other compensation analysis as necessary and or required by the business.

• Incentive Compensation Execution and Governance: Analysis, ECOBs, systems requirements, legal reviews, and audits.

• Data, Analytics & Dashboards: Market insights and analytics, data audits, and compensation dashboards.

• Program and Document Management: Centralized repository for compensation policies, guidelines and tools, and content management platforms.

• Project Management: Planning and execution of project for compensation organization.

• Also responsible for other Duties/Projects as assigned by business management as needed.

Education:

• Bachelor's Degree (Required)

Work Experience:

• 4-7 years Compensation experience and knowledge desired, but not required if other HR, Operations or Finance related experience (Required)

• 2-4 years working with a market pricing system (Preferred)

• 2-4 years Experience with Workday System, specifically compensation module and report writing skills (Preferred)

• 2-4 years Experience crafting resources and drafting communications; with professional writing skills and experience in version control (Preferred)

• 2-4 years Experience identifying compensation trends, outliers, and areas for improvement, and generating reports for senior management to support decision-making (Preferred)