Compensation Strategy Manager

20 hours ago


Brisbane, Queensland, Australia beBeeCompensation Full time $55,000 - $149,000
Compensation Strategy Manager

About the Role:

The Compensation Strategy Manager is responsible for designing, implementing and maintaining compensation plans to optimize employee recruitment, retention and performance as well as maximize organizational profitability.

Key Responsibilities:

  • Develop and consult on compensation plan design and governance for business leaders adhering to best practices and balancing risk.
  • Design develop and document compensation plan programs ensuring alignment to business intent and program clarity for participants.
  • Evaluate effectiveness and competitiveness of existing compensation plans and model potential impact of alternatives.
  • Collaborate with internal partners and stakeholders to provide expert compensation guidance and recommendations.
  • Analyze internal compensation practices and policies in relation to relevant regulations and develop recommendations for corrective actions.
  • Maintain an updated working knowledge of industry-based compensation metrics strategies and standards to ensure competitive and compliant compensation plans are designed and maintained annually.

Requirements:

  • Bachelor's degree in a business-related field or equivalent experience.
  • Minimum 10 years of general business-related experience including 5+ years of experience in Compensation payroll and payroll system knowledge.


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