Strategic Compensation Leader - Pay Equity & Insights

Milbank LLP; New York (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

Milbank LLP is seeking a Compensation Manager in New York to design, administer, and evaluate the firm’s compensation programs. The role partners with HR and leadership to ensure competitive, equitable pay practices and provides data-driven guidance on strategy, structure, and pay decisions.

You will lead annual merit cycles, benchmarking, and bonus processes, while ensuring compliance with pay regulations and maintaining data governance in Workday.

Qualifications

• 5–8 years of progressive compensation experience, including leading programs or projects.
• Experience with annual compensation cycles and bonus program management.
• Ability to translate complex data into actionable recommendations.
• Strong analytical and reporting capabilities using Excel and Workday.
• Familiarity with pay equity and regulatory requirements is a plus.

Responsibilities

• Lead annual compensation planning processes, including merit increases, promotions, bonuses, and incentive programs.
• Ensure compliance with federal, state, and local compensation regulations, including pay transparency and pay equity requirements.
• Conduct market analyses and develop data-driven compensation recommendations for HR and Firm leadership.
• Oversee compensation benchmarking, survey participation, job evaluation, salary structures, pay administration, and related policies.
• Manage compensation processes and data governance in Workday, including reporting, controls, and audits.
• Advise on compensation matters related to hiring, promotions, transfers, market adjustments, and other pay actions.
• Support compensation budgeting, forecasting, and cost-impact analysis based on market competitiveness, internal equity, and financial objectives.
• Lead compensation projects, process improvements, and stakeholder communications in partnership with HR and business leaders.

Skills

Data analysis

Project management

Communication

Attention to detail

Strategic thinking

Education

Bachelor's degree in Human Resources, Finance, Business

Tools

Workday

Excel

Data management

Salary surveys

Job description

Milbank LLP is seeking a Compensation Manager in New York to design, administer, and evaluate the firm’s compensation programs. The role partners with HR and leadership to ensure competitive, equitable pay practices and provides data-driven guidance on strategy, structure, and pay decisions.

You will lead annual merit cycles, benchmarking, and bonus processes, while ensuring compliance with pay regulations and maintaining data governance in Workday.