Our client, a leading organization, is looking for a Compensation Manager to start right away.
Location: New York, NY
Responsibilities
- Design, implement, and continuously enhance compensation structures, salary ranges, and short-term incentive plans.
- Act as a trusted advisor to HR Business Partners and senior leaders on complex compensation issues, including hiring offers, promotions, salary adjustments, and organizational changes.
- Manage critical aspects of the annual compensation planning process, such as data preparation, financial modeling, budgeting support, system execution, and executive-level insights.
- Lead job evaluation and market-pricing activities to ensure alignment with internal equity, external competitiveness, and business needs.
- Analyze compensation data, workforce trends, and market practices to provide actionable recommendations for leadership and program improvements.
- Collaborate with HR, Finance, Payroll, and Operations to ensure accurate and timely execution of compensation programs, including incentive and bonus payments.
- Oversee compensation operations and related system processes, focusing on accuracy, efficiency, controls, and scalability.Participate in compensation surveys and benchmarking initiatives, translating findings into actionable insights and recommendations for leadership.
- Develop and deliver training, tools, and communications to enhance compensation knowledge and decision-making among HR and business leaders.
- Serve as an expert on compensation policies, programs, processes, and governance during annual planning cycles and throughout the year.
- Ensure compliance with federal, state, and local compensation laws and regulations, including the Fair Labor Standards Act, Equal Pay Act, and pay-transparency requirements.
- Identify and mitigate compensation-related risks through regular audits, data reviews, process controls, and governance practices.
- Drive continuous improvement by identifying opportunities to streamline processes, improve data integrity, and adopt leading market practices.
- Lead and support special compensation initiatives, including program design, global harmonization, organizational changes, and system or process enhancements.
Qualifications
- Six or more years of progressive experience in compensation or total rewards.
- Proven experience managing key components of annual compensation cycles and advising senior stakeholders on complex pay decisions.
- Experience with compensation processes, data management, and handling mass-data transactions.
- Strong understanding of compensation principles, market practices, and relevant employment and pay regulations.
- Experience in designing, administering, or evaluating short-term incentive programs.
Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.