
Compensation Strategy Manager
20 hours ago
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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