This is a contract position. It is a Full-Time, 6-month assignment
A Brief Overview
Reporting to the Vice President, the Corporate Compensation Manager is responsible for the development and implementation of all compensation programs and processes, including but not limited to base pay administration, annual incentive plans, long-term incentives, job documentation and evaluations, market pricing, salary survey administration, and administration of the job description and survey management system.
Serves as a subject matter expert and trusted partner to the HR Team and all levels of leadership with respect to compensation matters.
Develops and recommends compensation program initiatives and design that supports business needs and ensures alignment across the organization.
Researches and analyzes market data to identify competitive trends and best practices in order to provide insight into compensation recommendations.
Leads projects in support of strategic objectives and reward initiatives, partnering with management and the Human Resource Team to achieve results.
Maintains effective working relationships with internal partners and the HR Team.
What you will do
- Identifies and communicates key responsibilities and practices to ensure the team successfully achieves business results.
- Ensures effective communication, education, and implementation of all pay programs across the organization. Identifies and generates competitive compensation solutions to challenging business issues.
- Provides compensation expertise and counsel to various stakeholders with respect to all compensation matters including salary management, compensation program administration and plan design, attraction and retention needs, and policies and procedures in support of strategic objectives.
- Establishes and facilitates company-wide competitive, cost-effective, and internally equitable compensation programs.
- Understands the business and related market conditions. Builds critical relationships, provides compensation recommendations and builds consensus to support and influence business leaders on all compensation matters.
- Proactively reviews market position and internal equity across various parts of the organization.
- Successfully drives philosophical and program changes throughout the organization, within an evolving strategic compensation plan.
- Formulates and improves compensation processes and programs through data analytics, modeling, reporting and auditing across the organization.
- Assess operational effectiveness of new and existing tools, systems and resources to manage compensation programs and process needs.
Recommends investment in resources and, or changes in utilization of existing resources, as needed.
Leads the annual compensation planning cycle, including the design of plan administration, system configuration, development of leadership communication, and end-to-end implementation.
Ensures compensation planning is completed on time and executed correctly.
- Manages the project team, to include external vendors, in the successful system implementation and execution of the annual compensation planning cycle.
- Responsible for compensation recommendations for business related changes such as new positions, job changes, conversions and relocations.
- Responsible for data preparation, review and submission of budget, expenses and accruals to Accounting and Finance for all related compensation programs.
- Leads compensation projects, included but not limited to benchmarking across all Divisions and groups.
- Ensures compliance of all compensation programs with federal and state regulations; conducts periodic audits of salaries to identify any potential problems or non-compliance issues.
- Documents compensation procedures to meet company and departmental needs. Audits internal processes and procedures and provide recommendations for improvements.
- Prepares and delivers training for management and employees in regards to compensation programs.
- Provides the Compensation Analyst(s) coaching, development, and performance feedback. Drives engagement and performance of the Compensation Team.
- Treats sensitive personal data with the highest integrity and strict confidentiality.
- Develops comprehensive project plans, outlining scope, goals, deliverables, timelines and resource requirements.
- Collaborates with recruiting by providing insights and recommendations that support business goals and ensure market competitiveness to develop competitive offer packages to new hires.
- Identifies and implements process improvements and new technologies or technology enhancements to manage and deliver high quality solutions.
Qualifications
- Bachelor's Degree in Business Administration, Human Resources, Economics, Finance, or related field Required or
- 7-9 years related experience Required and
- Experience running reports, performing analysis and drafting communications. Required
- Strong knowledge of compensation related issues required.
- Advanced knowledge of Excel, Word, and PowerPoint.
- Exceptional quantitative, analytical and problem-solving skills.
- Excellent written and verbal communication skills, including interpersonal and presentation skills.
- Ability to take complex information and develop effective and concise presentations for senior leadership.
- Ability to exercise good judgment and handle confidential information.
- Excellent project management and time management skills.
- Strong teamwork skills required; ability to work effectively in a fast paced, high growth environment.
- Aptitude for balancing multiple priorities with strong organization and prioritization skills.
- Autonomous, self-directed, detail- and results-oriented individual with a high commitment to quality.
- Ability to manage several complex projects simultaneously while working under pressure to meet deadlines.
- Requires a self-motivated, team player who has ability to work under little supervision, pays close attention to detail and who has ability to prioritize in a fast-moving environment and meet deadlines.
- Must demonstrate the ability to analyze / interpret data and take appropriate action.
- Must demonstrate the ability to interact, collaborate, and develop and maintain relationships across the organization.
- Has leadership skills with high ethical standards and high degree of personal ownership / accountability of all work products.
- Ability to solve problems creatively.
- Certified Compensation Professional (CCP) Preferred
- Professional in Human Resources - PHR or SHRM-CP Preferred
- Senior Professional in Human Resources - SPHR or SHRM-SCP Preferred
Compensation
We are committed to offering competitive and equitable compensation. The hiring range for this position is generally between $120,000.
00 - $135,000.00. Final salaries will be determined based on factors such as geographic location, skills, education, licenses, certifications, and / or experience.
In addition to these factors we believe in the importance of pay equity. Please keep in mind that the range mentioned above is the general Hiring Range for the role.
Hiring at the top of the range is reserved for exceptionally qualified candidates. We consider internal and external factors as a part of every final offer.
We also offer a generous total compensation and benefits package.
You must be able to pass a drug, background screen and physical abilities test / motor vehicle record check (if one is required per the position).
EEO / ADA
The Company and its affiliates provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.
Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.