Compensation Manager

Job summary
The Compensation Manager will develop and execute a comprehensive compensation strategyThey will conduct market analysis and evaluate job roles and responsibilitiesThey will manage incentive programs and communicate compensation policies
Job seniority: mid-to-senior level
Responsibilities
• Develop and execute a comprehensive compensation strategy• Conduct regular market research• Collaborate with various departments to evaluate job roles and responsibilities• Design and maintain the organization's salary structure• Manage incentive and bonus programs• Assess current state of compensation practices and policies• Execute annual compensation cycles• Clearly communicate compensation policies, programs, and changes• Manage strategic compensation projects• Oversee work in the Executive Compensation space• Analyze compensation data• Ensure compliance with labor laws and regulations• Participate in salary negotiation processes
Requirements
• Bachelor's degree in Human Resources, Business Administration, Finance, or related field• Proven experience as a Compensation Manager or similar role• In-depth knowledge of compensation structures, job evaluation, and market analysis• Familiarity with labor laws and compliance requirements• Extensive experience managing large scale projects and annual compensation cycles• Strong analytical and communication skills• Proficiency in HRIS and MS Office, particularly advanced Excel• Detail-oriented and problem-solving skills• Strong ethical standards and commitment to confidentiality• Team player attitude and ability to collaborate
Key Skills Needed
• Compensation strategy development• Market research and analysis• Job evaluation• Salary structure design• Incentive program management• Communication• Project management• Data analysis• Compliance• Negotiation