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)
About the Role:
As a Compensation Manager with our client, you will play a pivotal role in designing, implementing, and managing compensation programs that attract, retain, and motivate top talent. You will be responsible for analyzing market data, developing competitive salary structures, and ensuring equitable compensation practices across the organization. Your strategic insights will drive decisions that align with business objectives and promote employee engagement and satisfaction.
Why Join our Client's Team?
Responsibilities:
Qualifications:
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About the Company:
Creative Financial Staffing
Company Size:
500 to 999 employees
Industry:
Financial Services
Founded:
1994
Website:
http://www.cfstaffing.com/