Sr. Manager, Compensation

Job Functional Area
SGA - Human Resources

Overview

The Senior Manager, Compensation will focus on compensation design, management, and analysis including: compensation program design (e.g., salary and incentive structures, pay policy, etc.), compensation plan management (e.g., changes to base pay, short-term and long-term incentives, allowances, deferred compensation, sales compensation, etc.), compensation evaluation and analysis (e.g., job analysis, evaluation and classification, survey participation, policy, and benefits benchmark and review), communication (e.g., guidance and compensation program features, plans, and options), vendor management (e.g., consultants for program design advice for the organization's compensation plan).

Responsibilities

Essential Duties & Responsibilities

 

  • Lead the creation of IVC’s compensation philosophy and framework.
  • Lead the salary planning, merit budget, job evaluation and salary structure components of the overall compensation system.
  • Manage direct report(s), including prioritization within the team to meet client needs.
  • Deliver strong analytical advice on internal compensation strategies, market data, salary surveys and compensation practices in collaboration with Compensation team members, Talent Acquisition Business Partners, and HR Business Partners to make recommendations and influence business decisions.
  • Be and effective supporter and challenger to the business by balancing business acumen, reward expertise and relationship skills.
  • Work with cross-functional teams and leadership to understand business goals and recommend/implement innovative approaches, policies and processes to effect continual improvements in compensation programs and processes
  • Identify market trends to monitor competitiveness of programs, model cost implications, and recommend innovative and effective solutions.
  • Partner with the HR Operations/HRIS team in enhancing processes and insights; Assist with technology implementations and data maintenance.
  • Work as a strategic partner to our business leaders, HR Business Partners, and Talent Acquisition Business Partners to solve compensation-related business challenges throughout the organization.
  • Ensure that compensation solutions are cost effective, market competitive, support business goals and strategies, and are in compliance with all applicable laws, regulations and policies.
  • Identify market trends to monitor competitiveness of programs, model cost implications, and recommend innovative and effective solutions

Qualifications

Experience and Education

 

Minimum

  • Minimum of 10 years of progressive global compensation management experiences with increasing levels of responsibility in identifying, consulting, designing, recommending, and implementing efficient, innovative business solutions to clients' challenges.
  • Bachelor’s degree in a related field required.
  • Broad industry experience.

 

Preferred

  • CCP, SHRM, PHR/SPHR preferred.
  • Experience with overseeing system configuration, implementation, and management of HCM systems and compensation tools.
  • Equity and Long-Term Incentive experience a plus

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