Senior Compensation Manager

costar; Arlington (VA); On-site; USD 100,000 - 140,000; Full time

Job summary

CoStar Group is seeking a Senior Compensation Manager to manage the design and execution of compensation programs at their Arlington headquarters. This role offers substantial growth and exposure to company leadership, requiring extensive experience in compensation management and familiarity with systems like Workday.

Benefits

Comprehensive healthcare coverage

401(K) retirement plan with matching contributions

Tuition reimbursement

Access to on-site fitness facilities

Qualifications

• 7+ years of experience in Compensation roles.
• Expertise in job architecture and market analytics.
• Strong experience managing compensation processes and using Workday.

Responsibilities

• Design and maintain compensation structures for over 6,500 employees.
• Lead compensation cycles and work closely with HR partners.
• Benchmark roles against market data.

Skills

Advanced Excel

Data analysis

Market analytics

Education

Bachelor's degree in Finance, HR, or related field

Tools

Workday

Job description

Senior Compensation Manager

Job Description

OVERVIEW
CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors.

We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

About the Role
We are seeking a Senior Compensation Manager to drive the ongoing design and execution of the company’s compensation programs in both the U.S. and in our international locations. Reporting to theVice President, Compensation & Benefits, theSenior Compensation Manager will contribute to all aspects of planning, development, and implementation of new and revised compensation programs. This role offers tremendous growth, career progression and exposure to company leadership.

This role is 5 days per week on site in our Arlington, Virginia headquarters office.

Responsibilities

• Design and maintain compensation and incentive structures / programs for over 6,500+ employees in the U.S. and internationally
• Lead compensation cycles in Workday (e.g., merit, promotion, market adjustments), partnering with HRBPs, Talent, and Finance
• Create and maintain pay grades that include geographical variances and align with our competitive compensation objectives
• Work closely with HR business partners, talent acquisition, and key business leaders on compensation for new hires, promotions, transfers, and on-going job leveling, allowing for dynamic changes as the market demands
• Partner with HR Business Partners on design of incentive compensation programs and with finance and payroll to execute and track payment of incentives
• Compile and analyze data and metrics to support business decisions related to Compensation
• Benchmark roles against market data to maintain competitive and equitable pay practices
• Support compensation planning, budgeting, and strategic design evaluations with data modeling and scenario analysis
• Manage relationship with outside salary survey vendors
• Ensure compliance with federal, state and local compensation laws and regulations, including pay transparency requirements
  

Basic Qualifications

• 7+ years of experience working in Compensation roles
• Experience with job architecture, levelling guides and market analytics to ensure competitive compensation practices
• Experience with Workday as system of record for compensation
• Experience managing the year-end compensation process
• Advanced Excel skills – data analysis, v-lookups, pivot tables, modeling, etc
• Bachelor's degree in Finance, HR, or related field from an in-person, not-for-profit university or college
• A track record of commitment to prior employers

Preferred Qualifications

• Master’s or other graduate degree in a related field
• Experience with sales incentives / salesforce compensation
• Demonstrated writing skills and ability to draft clear, concise presentations
• Polished communication skills. Comfortable talking and presenting to others, including presentations to business and HR leaders
  

What’s in it for you?
When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an interoffice exchange program.

Our benefits package includes (but is not limited to):

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
• Life, legal, and supplementary insurance
• Virtual and in person mental health counseling services for individuals and family
• Commuter and parking benefits
• 401(K) retirement plan with matching contributions
• Employee stock purchase plan
• Paid time off
• Tuition reimbursement
• On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks
  

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing