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)
Who We Are
FTI Consulting is the world’s leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world’s leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a direct reflection of the ambition, energy, and commitment of our talented professionals across the globe to make a positive impact for our clients and communities.
At FTI Consulting, you’ll be inspired and empowered to make an impact on headline matters that change history. Working side by side with the world’s leading experts in your field, you’ll be surrounded by an open collaborative culture that embraces diversity, recognition, professional development and most importantly, you.
There’s never been a more exciting time to join FTI Consulting and this is where you will do the most exciting and fulfilling work of your career.
Are you ready to make an impact?
About the Role
The Manager – Executive Compensation will be responsible for the design, development and administration of executive pay programs for the executive population. This new role will ensure those pay programs align with business objectives and are effective in attracting, rewarding, and retaining key executive talent. Additionally, the position will play a key role in the annual compensation planning process and partnering with HR leaders and senior management to assess whether executive pay programs are aligned with company philosophies and methods.
The role will report to the Director – Executive Compensation, but will work collaboratively with FTI’s business leaders as well as segment and regional HR and Finance leaders to understand and analyze business issues and develop effective solutions. The ideal candidate will have experience supporting a public company’s compensation committee, preparing Proxy disclosures, developing and preparing management reporting focused on the executive population, familiarity with compensation budgeting and accounting and is comfortable reading and interpreting employment agreements.
What You’ll Do
Prepare both standard and ad hoc Compensation Committee materials.
Participate in the design and development of the executive compensation-related sections of the proxy.
Partner with HR and business leaders to continually evaluate our executive compensation program structure to identify whether those programs are aligned with peer, general market and best practices.
Responsible for the project management of the executive compensation elements of the year-end compensation planning process, including leading the annual gender pay analysis for the executive population.
Design and lead the implementation of new and enhanced reporting to facilitate senior management’s assessment of the performance of individual senior practitioners.
Coordinate and communicate with our legal, payroll and finance teams to ensure accurate taxation, accounting and financial reporting of all elements of compensation for the executive population.
Develop an expertise on FTI’s executive compensation programs and propose innovative solutions to enhance those programs, as necessary.
Understand technical tax, accounting and regulatory requirements related to executive compensation and be able to apply them to specific circumstances.
Respond to compensation-related questions and requests from the executive population.
Ensure strong governance and compliance with the provision of our executive pay programs.
Perform various ad-hoc executive compensation analyses, as required.
How You’ll Grow
We are committed to investing and supporting you in your professional development and have developed a range of programs focused on fostering leadership, growth and development opportunities. We aim to promote continuous learning and individual skills development through on-the-job learning and self-guided professional development courses and certifications. You’ll be assigned a dedicated coach to mentor, guide and support you through regular coaching sessions and serve as an advocate for your professional growth.
As you progress through your career at FTI Consulting, we offer tailored programs for critical professional milestones to ensure you are prepared and empowered to take on your next role
What You Will Need To Succeed
Basic Qualifications:
Preferred Qualifications:
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Our Benefits
Our goal is to support the well-being of you and your families—physically, emotionally, and financially. We offer comprehensive benefits such as the following:
About FTI Consulting
FTI Consulting is a global business advisory firm dedicated to helping clients with their most significant opportunities and challenges. With more than 8,000 employees located in 31 countries, our broad and diverse bench of award–winning experts advise their clients when they are facing their most significant opportunities and challenges. At FTI Consulting, we embrace, cultivate and maintain a culture of diversity, inclusion & belonging, which are fundamental components to our core values. FTI Consulting is publicly traded on the New York Stock Exchange and has been named the #1 Professional Services Firm on Forbes List of America’s Best Employers and the best firm to work for by Consulting Magazine. For more information, visit www.fticonsulting.com and connect with us on Instagram and LinkedIn.