Position Summary:
The Compensation Manager is a crucial member of the compensation team in the design, execution, and administration of compensation programs. The Compensation Manager contributes to, leads, and advises on day-to-day compensation activities. The Compensation Manager also works in tandem with the Compensation Director on the long-term priorities of the department.
Primary Duties & Responsibilities:
- Leads the design and execution of our compensation plans including base pay administration, annual cash bonuses and long-term incentive programs.
- Advises and assists team members with maintenance of HRIS (Ceridian Dayforce) Compensation module including design of compensation programs, adding and removing jobs, maintaining bonus programs, auditing for calculation and reporting accuracy, and advising compensation leadership on issues.
- Uses internal and external data points, trends, and benchmarks to make recommendations regarding the annual merit process.
- Support HR Business Partners and business leaders in day-to-day requests and advises other team members on proper responses to these requests.
- Completes market job pricing and makes recommendations of pay ranges for jobs.
- Assists the Compensation Director with maintaining job and salary structures.
- Configures job and job assignments in HRIS system.
- Ensures timely and accurate execution of compensation plans and programs including base pay and merit administration, cash bonus plans, and long-term incentive plans.
- Responsible for verifying and confirming accuracy of various compensation/total rewards team members’ work.
- Accountable for yearly and regular updates of policy documentation.
- Ensures accurate administration of the annual merit increase and bonus incentive processes including before and after audits of HR files, payroll data verification of increases & bonus payments, among other verification methods.
- Audits for legal compliance of minimum wage and exempt thresholds across all state, city, and municipalities.
- Partners with legal team to assess jobs and their respective duties to determine FLSA classification.
- Conduct analysis to support decisions related to compensation.
- Assist in merger and acquisition activity as it relates to compensation and benefit plans.
- Aids with gathering of data for external audit requests.
- Evaluate and revise internal processes to increase compensation team efficiency.
- Ad-hoc reporting and analysis as needed by other departments and leadership.
- Other projects or requests as directed.
Basic Qualifications:
- Bachelor’s degree in human resources, business, finance, data analytics, or related major.
- Minimum of 5 years work experience in the Compensation field.
- Experience with design and implementation of base salary structures, variable pay plans, and long-term incentive programs.
- Advanced proficiency in Microsoft Office with expert Excel skills including, but not limited to formulas such as v/xlookup, “if” functions, charts, graphs, pivot tables.
- Expert analytical skills with ability to quickly identify data trends and inconsistencies.
- Ability to quickly summarize large amounts of data into formats that are easy to understand and digest by executive leaders.
- Unquestionable capability of working with sensitive data and ability to maintain confidentiality, credibility, and trust.
- Exceptional communication and organizational skills with a commitment to accuracy and detail.
- Ability to think proactively, identify problems and propose solutions, and exhibits a high-level of self-initiative.
- Capacity to influence and develop successful cross-functional business relationships.
- Understanding of customer needs and flexibility to assist in all areas of the HR Department as needed.
- Comfortable working independently and interacting with employees at all levels.
- Results/action oriented.
- Solutions-driven individual with demonstrated ability to meet deadlines and manage multiple tasks simultaneously.
Preferred Qualifications:
- Master’s degree in business, finance, or related field.
- Certified Compensation Professional (CCP).
- Experience with Ceridian Dayforce HRIS
- Knowledge of SQL, Tableau, Power BI
Core Competencies:
- Strive to do the right thing by displaying trust and integrity.
- Embody the principles of servant leadership, even in a non-people management role, by putting the needs of others first, valuing diverse perspectives by sincerely appreciating and considering others’ opinions and ideas and demonstrating a positive and humble attitude.
- Demonstrated ability to work independently and on a team; ability to lead, execute and/or delegate as needed, while also collaborating with others to get the job done.
- Establish and maintain effective working relationships at every level of the organization; invest in building relationships with the Field Operations and Field Support Center team members.
- Help champion an inclusive working environment; empower others to bring their full selves to the workplace; celebrate, welcome, and value the different backgrounds and experiences that make up our workforce; recognize that all team members are valued, regardless of race, background, tenure, or title.
- Ability to self-manage, show initiative, be proactive, and drive results.
- Communicate professionally, both verbally and in writing to coworkers and customers.
Physical Requirements:
- Must be able to remain in a stationary position in an office environment 80% of the time.
- Will frequently move about inside the office to access files, office machinery, etc.
- Must be able to operate basic office machinery.
- Must be able to communicate with team and management and be able to exchange accurate information in these situations.
Required Cognitive Skills:
- Must be able to problem solve and prioritize tasks.
- Must be able to manage stress depending on deadlines and ongoing projects.
- Must be able to multitask.
- Must be able to receive and analyze information.
- Must be able to quickly communicate solutions if problems occur.
- Must be able to demonstrate a high degree of sound judgement and initiative.
Benefits & Perks:
- Medical, Dental, Vision, Disability & Life Insurance
- Wellness Benefits
- 401(k) Retirement Plan
- Employee Stock Purchase Program
- Paid Holidays & Vacation Days
- Professional Growth Opportunities
- Development & Training Programs
This job description is subject to change at any time.
EQUAL OPPORTUNITY EMPLOYER
Launch your career with a national building materials distributor and discover opportunities for growth and advancement. We value our team members and believe them to be our greatest assets. As such, we invest in training and strive to provide a work-life balance.
