Compensation Manager

PennEngineering

Pennsylvania

Hybrid

USD 125,000 - 150,000

Full time

47 hours ago
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Benefits offered by this job

Dental insurance
Vision insurance
401(k) with match
Paid time off
Onsite gym
Training programs
Referral bonuses
Technology provided

Job summary

PennEngineering is seeking a seasoned Compensation Manager to lead company-wide compensation design, implementation, and governance in a hybrid Danboro, PA environment. You will partner with HR, Finance, and executives to shape base pay, short- and long-term incentives, and equity programs across the global organization.

The ideal candidate has deep expertise in compensation methodology, Mercer surveys, and strong analytical and project-management skills to deliver cost-effective programs that

Qualifications

  • Bachelor’s degree in HR, business, finance, or related field.
  • 5–7 years of experience in compensation, including executive comp.
  • Experience with Mercer or similar compensation surveys.
  • Design and administration of short- and long-term incentive programs.
  • Strong knowledge of job evaluation, salary structures, and market pricing.
  • Knowledge of US laws governing base and incentive pay; advanced Excel.

Responsibilities

  • Lead development, implementation, and administration of compensation programs.
  • Prepare materials and recommendations for the Compensation Committee and Board.
  • Partner with Finance on equity programs and accounting implications.
  • Monitor effectiveness and align practices with market trends and objectives.
  • Participate in global benchmark surveys to ensure competitiveness.
  • Provide guidance to HR partners and managers on compensation decisions.
  • Develop, compile, and present compensation data and proposals to senior leadership.
  • Oversee compensation tools and data quality to improve efficiency and experience.

Skills

Compensation design
Executive compensation
Global compensation
Mercer methodology
Equity incentives

Education

Bachelor's degree

Tools

Mercer survey tools
Excel
HRIS
ADP Lyric
PowerPoint

Job description

At PennEngineering, we innovate and collaborate to make the world a better place. You can contribute to work that matters with a company where diversity, equity and belonging are shared values. We’re committed to fostering an environment for every employee that’s welcoming, respectful and inclusive, with great opportunity for professional growth. Find your future with us.

PennEngineering is seeking a motivated, excited, individual to be a part of the Corporate HR Team. As the Compensation Manager at PennEngineering, you’ll collaborate with teams that do truly amazing things.

Join us as we build the future in Manufacturing and Engineering!

PLEASE NOTE: This position is located in Danboro, PA. A hybrid schedule is offered but to be considered you must be within a commutable distance to the office.

Perks and Benefits:

  • Medical & Employer Paid: Dental and Vision
  • 401k and Employer Match
  • Paid time off and holidays
  • Paid On the Job Training
  • Performance incentive bonuses
  • Community Volunteering
  • Talent Referral Bonus Program
  • Onsite Fitness Center
  • Employee Centric Culture
  • Company Provided Technology (laptop, phone, monitors for office and home environment)

WHAT YOU WILL DO:

The Compensation Manager leads the design, implementation, and administration of company-wide compensation programs, including base pay, short-term incentives, long-term incentives, and executive compensation. This role partners with HR Business Partners to develop compensation strategies that support employee attraction and retention while managing fiscal resources responsibly. The ideal candidate brings deep technical expertise in compensation methodology, strong business partnership skills, and the ability to lead complex, cross-functional projects in our global organization.

Responsibilities:

  • Lead the development, implementation, and administration of compensation programs, including incentive programs and executive compensation — covering benchmarking, salary structures, job evaluation, job grading, salary increase administration, short-term bonus design, long-term incentives (equity), metric tracking, and equity ownership guidelines
  • Prepare materials, analyses, and recommendations for the Compensation Committee and Board of Directors
  • Partners with Finance on the design and administration of equity programs (stock options, RSUs, performance shares) for executives and broader eligible populations
  • Assist Finance/Legal on equity plan share reserve management, grant approvals, and accounting/expense implications
  • Monitor the effectiveness of existing compensation practices and recommend changes that are cost-effective and consistent with market trends and business objectives
  • Participate in global and local compensation benchmark surveys (e.g., Mercer) to ensure market competitiveness in base pay and short-term incentives, and use market data to maintain grade and range structures
  • Provide guidance to HR business partners and people managers on compensation decisions, policy interpretation, and job evaluations
  • Develop, compile, and present compensation data, analyses, and proposals to senior leadership
  • Oversee compensation tools and processes to improve data quality, efficiency and employee experience
  • Proactively analyze market trends, compensation practices and economic conditions to develop recommendations that support talent and business objectives.
  • Develop communication and education strategies that enable leaders and employees to understand and effectively leverage compensation programs
  • Provide expert counsel on the design, development, and financial/budget impact of compensation programs
  • Maintain and improve compensation-related systems, tools, and data (e.g., ADP Lyric and Decusoft Compose)
  • Support executive onboarding related to compensation packages and serve as an ongoing point of contact for executive compensation inquiries
  • Ensure compliance with federal, state, and local compensation laws and regulations, including FLSA and pay equity requirements (performs pay equity analysis)
Location

Danboro, PA

Requirements

WHAT WE ARE LOOKING FOR:

  • Bachelor's degree in Human Resources, Business, Finance, or a related field
  • 5 – 7 years of progressively responsible experience in compensation, executive compensation, broad-based compensation with global experience
  • Recent experience using the Mercer (or other 3 rd party) compensation methodology and survey participation
  • Experience designing and administering short term and long term (equity) incentive programs.
  • Strong knowledge of job evaluation methodologies, salary structure design, and market pricing
  • Solid understanding of U.S. federal, state, and local laws governing base and incentive compensation
  • Advanced Excel skills, plus strong Word and PowerPoint proficiency
  • HRIS and payroll system knowledge
  • Excellent analytical, project management, interpersonal, and influencing skills
  • Strong communication skills (written and verbal), business judgement and the ability to manage highly sensitive confidential information
  • Ability to balance competing priorities in a fast-paced environment with a strong sense of urgency
  • Demonstrated ability to drive and sustain operational excellence, including process automation

Preferred Qualifications

  • Certified Compensation Professional (CCP) certification
  • Skills to design and administer executive compensation (including long term incentive/equity) programs
  • Prior experience working directly with a Board Compensation Committee
  • Experience leveraging modern analytics, data and AI-enabled tools to drive insights, improve efficiency, and support compensation decision-making.
  • Experience with compensation planning tools (e.g., Decusoft Compose, ADP)
Salary Range

$125,000-150,000

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