Compensation Manager: Hybrid Leadership & Strategy

Penske Truck Leasing Co., L.P.; Reading (Berks County); Hybrid; USD 100,000 - 170,000; Full time

Job summary

Penske Truck Leasing Co., L.P. is seeking a Compensation Manager to lead day-to-day compensation processes, ensure compliance, and build strong HR partner relationships. You will supervise compensation analysts, deliver guidance on total compensation, and drive strategic initiatives across PTL and PL units.

The role requires 6+ years in compensation, CCP certification, and a proven ability to coach teams. This hybrid position is based at our corporate office in Reading, PA with travel as needed

Qualifications

• Bachelor's degree or equivalent compensation experience.
• 6+ years in compensation or related field in a multi-state environment.
• Experience with variable pay plans, budget/structure activities, and job evaluation methods.
• CCP certification required or pursued within 1–2 years; PHR/SHRM-CP a plus.
• 3+ years of management experience preferred; HR/Finance analytics a plus.
• Internal Penske field experience is a plus; strong communication skills.
• Team leadership mindset with customer-centric, results-driven approach.
• Regular, predictable attendance and travel as required.

Responsibilities

• Lead, coach, and develop compensation analysts; oversee field and corporate teams.
• Advise HR Partners and managers on salary levels and total compensation solutions.
• Lead job evaluation, market pricing, budget and structure analyses; large-scale initiatives.
• Provide compensation training and ensure policy/regulatory alignment.
• Support international compensation and other projects as assigned.

Skills

Leadership

Compensation

Stakeholder management

Team coaching

Communication

Travel readiness

Education

Bachelor's degree

CCP Certification

PHR/SHRM-CP helpful

Tools

HRIS Systems

Compensation tools

Budgeting tools

Job description

Penske Truck Leasing Co., L.P. is seeking a Compensation Manager to lead day-to-day compensation processes, ensure compliance, and build strong HR partner relationships. You will supervise compensation analysts, deliver guidance on total compensation, and drive strategic initiatives across PTL and PL units.

The role requires 6+ years in compensation, CCP certification, and a proven ability to coach teams. This hybrid position is based at our corporate office in Reading, PA with travel as needed