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)
As a key member of our People Team, you will embrace a global perspective, ensuring that our compensation strategies align with our to fairness and equity for our people. Your expertise will not only attract top talent but also contribute to the growth and development of our current employees. Collaborating seamlessly across the People Team, you'll serve as a liaison, making impactful decisions that elevate the entire team. Ultimately, you will support our goal of making a difference in the lives and careers of our employees while directly contributing to the success of our mission.
This position goes beyond traditional compensation functions; it redefines compensation as a strategic lever for organizational excellence.
What You'll Be Doing - The Day to Day
As the orchestrator of our compensation programs, you will not only shape their design and implementation but also lead groundbreaking projects that will make a lasting impact. Your role extends beyond traditional boundaries as you collaborate with cross-functional teams, providing invaluable compensation expertise that elevates our company in a competitive global talent market. Dive into the intricacies of data analysis, partnering with our benefits manager to craft innovative solutions that ensure our total rewards programs remain not only competitive, compliant, and equitable, but promote a diverse and inclusive workplace.
In this visible and data-centric role, you will inspire and elevate our analytical skills, contributing to a culture of excellence and innovation globally.
Who You Are – The Essentials
Who You Are - The Desirables (It’s a plus if you have):