Compensation Manager

Grayba; Chesterfield (MO); On-site; USD 95,000 - 117,000; Full time

Benefits offered by this job

401(k) match

Paid vacation

Disability benefits

Employee stock ownership

Career development

Job summary

Graybar is seeking a Compensation Manager to own the design, governance, and administration of compensation programs, ensuring internal equity and market competitiveness. You will lead analyses, workforce models, and pay governance, preparing materials for the Compensation Committee and senior leadership.

The role requires 8+ years in HR/compensation, a four-year degree, strong Excel and data skills, and CCP preferred.

Qualifications

• Minimum of 8 years of progressive HR or compensation experience.
• Four-year degree in Human Resources, Business, Finance, or related field.
• Certified Compensation Professional (CCP) preferred.
• Experience supporting Compensation Committee or Board materials preferred.
• Knowledge of compliance regulations and pay governance.
• Strong quantitative analytics, financial modeling, and data interpretation skills.
• Proficiency with HR systems and Microsoft Office tools, especially Excel.

Responsibilities

• Own design, governance, and administration of compensation policies and plans.
• Develop analyses, workforce models, and recommendations to support strategy and Committee decisions.
• Prepare materials for the Compensation Committee and executive leadership.
• Review merit, promotional, and market-based pay adjustments for consistency with data and philosophy.
• Conduct audits of policies, plan eligibility, and system data; provide summaries and metrics.
• Lead development of manager tools, training, and process documentation on pay practices.
• Oversee salary survey participation and updates to policies and structures.

Skills

Compensation theory

Market analysis

Job evaluation

Data interpretation

Excel proficiency

Executive communication

Stakeholder management

Analytical problem-solving

Project management

Education

Bachelor's degree in HR/Business/Finance

Tools

Microsoft Excel

HR systems

Job description

Become part of the excitement.As the Compensation Manager, you will own the design, governance, and administration of the compensation policies, plans, and procedures, ensuring compensation decisions consistently reflect the Company's philosophy, support business goals, and maintain market competitiveness, internal equity, and compliance.In this role you will:Manage compensation plan practices, policies, processes, and system data to support accuracy, integrity, consistency, and compliance.Oversee the design, implementation, administration, and evaluation of compensation programs and recommend changes to ensure alignment with Company objectives and compensation philosophy.Develop and lead compensation analyses, workforce models, and recommendations that support compensation strategy, program design, business objectives, and Compensation Committee decision-making.Serve as the organization's primary compensation expert, overseeing compensation structures, incentives, commissions, job evaluation, and pay practices while ensuring consistent application of the Company's compensation philosophy, internal equity, market competitiveness, and compliance requirements.Prepare materials for Compensation Committee of the Board of Directors, including summaries of current program design, market positioning, business considerations, and proposed changes.Review and analyze merit increase proposals, promotional increases, market adjustments, and related recommendations to ensure consistency with market data, budget parameters, and the Company’s compensation philosophy.Review executive compensation data and partner with Legal to finalize reporting for the Compensation Discussion and Analysis section of the annual Information Statement.Establish and maintain routine audits of compensation policies, practices, plan eligibility, and system data, and provide relevant summaries, metrics, and recommendations to management.Oversee the development of manager tools, training resources, educational materials, and process documentation related to pay practices, salary ranges, job descriptions, incentive plans, and management responsibilities.Oversee participation in, submission of, and analysis of salary surveys and recommend updates to compensation policies, structures, and practices as appropriate.What you bring to the table:Minimum of 8 years of progressive Human Resources or compensation experience, including a solid understanding of compensation theory, plan design, market analysis, job evaluation, and compensation administrationFour-year degree in Human Resources, Business, Finance, or a related fieldCertified Compensation Professional (CCP) preferredExperience supporting Compensation Committee or Board-level materials preferredExperience developing compensation models, salary structures, incentive plans, and pay governance frameworks preferredKnowledge of compensation-related government compliance and regulationsKnowledge of compensation plan structure and design principlesKnowledge of quantitative analysis, financial modeling, and data interpretation techniquesKnowledge of HR systems, compensation systems, and Microsoft Office applications, with strong proficiency in ExcelLeadership and supervisory skillsExcellent oral and written communication skillsCollaboration, influencing, advisory, and stakeholder management skillsMathematical, statistical, and compensation modeling skillsAnalytical, problem-solving, and decision-support skillsStrong organizational, prioritization, and project management skillsAbility to work independently in a fast-paced environment and handle multiple, competing prioritiesAbility to work cooperatively with othersCompensation Details: The expected starting rate of pay for this position is $105,978 annually, depending on experience. This position is also incentive eligible, based on specific and relevant business metrics.Working ConditionsOffice environment.This job description is intended to describe the general nature and level of work performed by individuals occupying this position of employment. It is not intended to be construed as an exhaustive list of all duties, responsibilities, and skill required of all individuals assigned to this job title. Management reserves the right to modify all or part of this job description at its discretion in order to meet location requirements, staffing levels, and/or any other needs of the business. All of the essential functions of the job, as defined by the Americans with Disabilities Act and/or equivalent state law, may not have been described. All requests for reasonable accommodation(s) will be reviewed and evaluated on a case-by-case basis.The Value of Graybar:At Graybar, we are known for our comprehensive benefits and our employee stock ownership plan! Most regular, full-time employees at Graybar may be eligible for a variety of benefits like:Multiple plan options for Medical, Dental, Vision, and Prescription Drug benefits.Life Insurance coverage for you and options for your family.Save on expenses with Flexible Spending Accounts.Enjoy our Disability Benefits at no cost to you.Share in our success with Profit Sharing Plans.401(k) Savings Plan with company match to help secure your future.Paid Vacation & Sick Days to spend time away from work or in case of an illness.Rest and recharge during our Paid Holidays throughout the year.Take advantage of our Paid Wellness Day to focus on preventive care and prioritize your health.Volunteer with Community Time Off to give back to the community.Predictable Work Schedules to plan your life: no weekends or nights for most roles.Celebrate your and others' achievements with our Employee Recognition Program.Reach your career goals with our Educational Reimbursement and Career Development Programs.And More Perks that support your well-being and career growth.Benefit eligibility may vary across locations and roles, so be sure to check in with your recruiter for more information.Why should you join Graybar?At Graybar, our employees are the heart and soul of our company. We believe that employees with diverse perspectives bring the ideas and innovative thinking we need to solve our biggest challenges and compete in an ever-changing world. Consistent with our values, we welcome people from all backgrounds, cultures and experiences into our company because we believe it’s the right thing to do and the right way to run our business.We want each of our employees to know that they matter and to feel a sense of belonging, ownership and inclusion at Graybar. We believe that everyone should be treated with dignity and respect, and we work to build a collaborative environment where our employees have the opportunity to grow, learn and make a difference, both as individuals and as part of the team.That’s what our employee ownership culture is all about: working as one team and moving forward together, while honoring the unique value each person brings to our company.Apply now and find out what’s next for you.Equal Opportunity Employer/Vet/DisabledNot the right fit? Let us know you're interested in a future opportunity by clicking Introduce Yourself in the top-right corner of the page or create an account to set up email alerts as new job postings become available that meet your interest!