Compensation Manager

Beacon Hill

Minnetonka (MN)

On-site

USD 150,000 - 170,000

Full time

10 hours ago
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Job summary

Beacon Hill is seeking a Manager of Compensation to lead and elevate its compensation strategy in a hands-on leadership role. You will direct a small team and shape programs across base pay, incentives, and sales compensation to stay competitive and compliant.

The role requires deep experience in sales compensation with potential exposure to executive compensation, driving governance, analytics, and advisory support for leadership.

Qualifications

  • Bachelor’s degree required; advanced degree preferred
  • 7+ years of compensation experience with increasing responsibility
  • Demonstrated expertise in sales compensation; executive compensation experience is a plus
  • Prior experience managing or leading compensation professionals
  • Strong analytical mindset with the ability to translate data into actionable insights
  • Excellent communication and stakeholder management skills

Responsibilities

  • Lead & develop a high-performing team of three compensation professionals
  • Partner with business leaders to inform pay decisions and strategy
  • Conduct market research and benchmarking to ensure market competitiveness
  • Oversee base pay, incentive plans, and sales compensation programs
  • Ensure data integrity and governance across compensation systems and processes
  • Drive cross-functional initiatives tied to total rewards and performance management

Skills

Sales compensation
Executive compensation
Analytical mindset
Communication
Stakeholder management

Education

Bachelor’s degree
Advanced degree

Job description

Salary: USD150000 - USD170000 per year

Job Title: Manager of Compensation

Job Type: Contract with potential for conversion

Compensation: $150,000 – $170,000 base (plus 10% bonus upon hire)

Position Overview

An established organization is seeking a Manager of Compensation to lead and elevate its compensation strategy. This is a hands-on leadership role responsible for guiding a small team while actively shaping and executing compensation programs across the business.

This individual will play a key role in ensuring compensation practices remain competitive, compliant, and aligned with company objectives. Strong experience in sales compensation is essential, while exposure to executive compensation is highly valued.

What You’ll Do

Lead & Develop a High-Performing Team

  • Manage and mentor a team of three senior-level compensation professionals
  • Provide direction, feedback, and coaching to support team success and growth
  • Promote a collaborative, results-driven team environment
  • Oversee the development and administration of base pay, incentive plans, and sales compensation programs
  • Ensure compensation programs support business goals and market competitiveness
  • Act as a trusted advisor on compensation-related matters across the organization
  • Maintain and evolve salary structures, job frameworks, and governance practices
  • Ensure data integrity and efficiency across compensation systems and processes
  • Partner with HRIS and payroll to enhance reporting and technology capabilities

Partner with Business Leaders

  • Collaborate with HR and leadership teams to provide insights and recommendations on pay decisions
  • Conduct market research and benchmarking to inform compensation strategy
  • Clearly communicate compensation philosophy and program updates

Support Ongoing Improvements

  • Contribute to cross-functional initiatives tied to total rewards and operational improvements
  • Stay current on industry trends and recommend enhancements to compensation programs
Qualifications
  • Bachelor’s degree required; advanced degree preferred
  • 7+ years of compensation experience with increasing responsibility
  • Demonstrated expertise in sales compensation; executive compensation experience is a plus
  • Prior experience managing or leading compensation professionals
  • Strong analytical mindset with the ability to translate data into actionable insights
  • Excellent communication and stakeholder management skills
Team Structure
  • Direct oversight of 3 senior compensation team members
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