Compensation Manager

• Full Time
• Posted : 4 years ago

TELECOMMUTE                                                               LOCATION: Remote, Work From United States         

The Compensation Manager role is a key member of the Corporate Compensation team that supports and executes on compensation strategy established for employees not covered under the Service Contracts act. This role will be responsible for the successful day to day execution within a fast-paced and results-oriented team Reporting to the Director, the successful candidate will play a key role in leading a team to plan, develop, communicate and implement broad-based compensation programs, policies and procedures and ensure the Compensation practices align with company's goals and strategies.   

• Lead a team of compensation analysts in the management of the day-to-day compensation activities
• Plan and administer the full cycle of merit planning on a quarterly basis using Workday Advanced Compensation module
• Conduct job evaluations using point-factor methodology to create internal job architecture and ensure the job values for key positions are aligned globally
• Design and review incentive plans and evaluate their effectiveness and performance
• Support the Director, Compensation with developing salary structure, compensation philosophy, pay practices, policies and guidelines
• Draft project plans in support of new Compensation initiatives to ensure successful execution and timely completion, which includes comprehensive change management
• Collaborate with HRIS, payroll and finance on Workday business processes re-engineering and reconfiguration, evaluate the downstream impact of system changes on compensation programs, support Workday upgrades testing
• Partner with Change Management during the implementation of compensation programs
• Ensure company compensation programs are consistently administered in compliance with company policies and government regulations through data audits, legal reports and personal interactions
• Adhere to the practices outlined in the Total Rewards Governance framework
• Lead the annual compensation survey participation and optimize survey resources
• Automate manual processes to improve efficiency with a focus on delivering a high level of customer service
• Using a consultative approach, deliver services to internal clients on compensation related programs and processes and ensure their consistency across the various business segments in a timely manner
• Advise internal clients on market best practices and make recommendations to support their business strategies
• Prepare training materials and deliver training for management and employees in regards to compensation programs
• Manage, coach and develop Compensation Analysts including establishing goals and objectives, assessing performance and providing on-going feedbacks

Minimum Requirements

• Bachelor’s degree in Business, Finance, Human Resources or related discipline required
• Minimum 5 years of experience in compensation management including compensation consulting, job description, job evaluation, salary structure, compensation survey and merit planning administration
• Minimum 2 years of experience leading direct reports required
• Advanced proficiency in Microsoft Office applications, including Excel and PowerPoint required
• Project management experience strongly preferred
• Workday Advanced Compensation module experience preferred
• Knowledge and understanding of laws and regulations relating to compensation required
• Excellent verbal and written communication skills with the ability to translate findings into clear and concise documents and presentations
• Must demonstrate strong data analysis and problem solving skills
• Strong time management skills and ability to multi-task in a fast-paced work environment
• Must have excellent attention to detail
• Certified Compensation Professional (CCP) preferred
• Previous experience working in a large publicly-held company preferred

Skills

• Administrative Works
• communication skills
• Organization skills
• Problem Solving
• Time management