Compensation Manager leads the development, implementation, and administration of compensation programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Manager ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. Directs data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Manager requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compensation Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Otter Products is recruiting for a Compensation Manager to join our Human Resources (AKA Otter Relations) team! This position is based at our Fort Collins, CO headquarters with the flexibility to work a hybrid schedule and can work remotely on Mondays and Fridays.
As the Compensation Manager, you will be responsible for the administration of compensation programs including base pay, incentives, and variable pay ensuring Otter Products achieves and maintains a competitive and internally equitable market position while complying with ever changing legislation. Additionally, you will lead compensation projects, develop internal trainings and educational documents, and oversee day-to-day compensation processes such as market pricing, job description completion and management, FLSA status determination, etcetera...!
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