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Senior Manager, Compensation

Vibrant

United States

Remote

USD 89,000 - 103,000

Full time

21 days ago

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Job summary

An established industry player is seeking a Senior Manager of Compensation to lead the design and administration of innovative compensation programs. This pivotal role involves strategic analysis and implementation of compensation strategies that align with business objectives, ensuring competitive pay practices through thorough market research. The ideal candidate will possess exceptional analytical skills, a strategic mindset, and the ability to communicate complex compensation data effectively to stakeholders. Join a forward-thinking organization committed to emotional wellness and enjoy comprehensive benefits, including generous vacation time and a supportive work environment.

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
401K Plan
4 Weeks Vacation
Supplemental Income Insurance
Pre-tax Transit/Parking
Pre-tax FSA for Medical and Dependent Care

Qualifications

  • 5+ years in compensation program development with strong analytical skills.
  • Extensive knowledge of compensation methodologies and best practices.

Responsibilities

  • Lead design and implementation of compensation programs aligned with business goals.
  • Conduct market research to ensure competitive compensation strategies.

Skills

Compensation Program Development
Analytical Skills
Communication Skills
Knowledge of Compensation Principles
Team Player
Remote Work Experience

Education

Bachelor’s Degree
Master’s Degree

Tools

Compensation Software
Data Analysis Tools
HCM Systems

Job description

Join to apply for the Senior Manager, Compensation role at Vibrant Emotional Health

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Job Title: Senior Manager, Compensation
Department: People Experience
Reports to: Director, Total Rewards
Location: Remote
Travel: ≥ 20%
Salary Range: $89K to 103K*

Formerly the Mental Health Association of New York City (MHA-NYC), Vibrant Emotional Health’s groundbreaking solutions have delivered high quality services and support, when, where and how people need it for over 50 years. Through our state-of-the-art technology-enabled services, community wellness programs, and advocacy and education work, we are building a society in which emotional wellness can be a reality for everyone.

Position Overview

The Senior Manager, Compensation is responsible for leading the design, implementation, and administration of Vibrant’s compensation programs including survey participation, job evaluation, salary structure development and pay program administration utilizing in-depth market analysis to ensure competitive pay strategies aligned with business goals and legal compliance. The ideal candidate will have a strategic mindset, strong management/stakeholder engagement and exceptional analytical skills to evaluate programs, optimize processes, and deliver a best-in-class employee experience.

Duties/Responsibilities
  • Design organization compensation philosophy leading to a strategy that aligns with overall business objectives.
  • Execute comprehensive compensation strategies to ensure alignment with the organization's overall business objectives, including market competitiveness analysis, job evaluation, and pay structure design.
  • Overhaul and maintenance of job titles, pay grades and compensation bands utilizing market and benchmarked data.
  • Conduct regular market research to stay informed about industry compensation trends, salary surveys, and competitor practices to ensure the company's compensation programs remain competitive.
  • Design and implement various compensation programs such as base pay, incentive plans and performance-based pay structures.
  • Analyze and audit compensation data to identify trends, disparities, and areas for improvement, providing insights to leadership for informed decision-making.
  • Produce up to date reporting on compensation trends, program effectiveness and budgetary considerations to senior People Experience leadership.
  • Collaborate with People Experience Business Partners, hiring managers, and other stakeholders to address compensation-related inquiries and provide strategic advice on workforce planning.
  • Manage the compensation budget, ensuring alignment with financial goals and forecasting future compensation costs.
  • Ensure compliance with all applicable federal, state, and local compensation laws and regulations.
  • Plan, direct, supervise, and coordinate work activities of any subordinates.
  • Other duties as assigned.
Required Skills/Abilities
  • Minimum 5 years' experience in compensation program development.
  • Extensive knowledge of compensation principles, methodologies, and best practices, including job evaluation techniques, salary surveys, and incentive plan design.
  • Strong analytical skills to interpret complex data, identify trends, and make data-driven decisions regarding compensation strategies.
  • Excellent communication skills to effectively present complex compensation information to various stakeholders, including senior leadership.
  • Understanding of business operations, financial planning, and the ability to align compensation strategies with overall business goals.
  • Proficiency in compensation software, data analysis tools, and HCM systems.
  • A team player who acts with a sense of urgency and adapts to a fast-paced and ever-changing environment.
  • Ability to comprehend, interpret, and apply the appropriate sections of applicable laws, guidelines, regulations, ordinances, and policies.
  • Confidential, ethically and morally driven; uses sound judgment.
  • Prior remote work experience.
Required Qualifications
  • Requires a Bachelor’s degree or equivalent combination of education and experience.
  • Five or more years of relevant experience performing broadly similar responsibilities, providing a thorough grounding in professional principles.
  • With a Master’s degree, three or more years of experience will be accepted.
Physical Requirements
  • Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone.
  • Ability to respond to telephones and other auditory stimulation.
  • Ability to evaluate/interpret information and make independent judgment/decisions.
  • Will frequently communicate over video calls with internal and external stakeholders to provide status updates and potential roadblocks.

Excellent comprehensive benefits, including medical, dental, vision, supplemental income insurance, pre-tax transit/parking, pre-tax FSA for medical and dependent care, and 401K available. 4 weeks’ vacation, plum benefits, etc.

Vibrant Emotional Health is an equal opportunity employer. Applicants are considered for positions without regard to veteran status, uniformed service member status, race, creed, color, religion, gender, gender identity, sex, sexual orientation, citizenship status, national origin, marital status, age, physical or mental disability, genetic information, caregiver status or any other category protected by applicable federal, state or local laws.

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