Compensation Manager

in Accounting + Finance
  • Jersey City, New Jersey View on Map
  • Salary: $120,000.00 - $135,000.00
Permanent

Job Detail

  • Experience Level Manager
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type Remote
  • Job Reference 0000020671
  • Salary Type Annually
  • Industry Media
  • Selling Points

    Drive strategic compensation initiatives at a leading organization, ensuring equity and compliance. Collaborate with leadership to shape impactful pay strategies. Enhance systems and processes for scalable compensation management.

Job Description

Compensation Manager Overview

  • The Compensation Manager will lead the design, implementation, and management of compensation programs for a dynamic organization.
  • Collaborate with HR and leadership to ensure competitive, equitable, and compliant compensation practices across multiple regions.
  • Provide strategic guidance on pay decisions and compensation strategies, including collective bargaining agreements.
  • Conduct market pricing, salary surveys, and benchmarking analyses to maintain competitive positioning.
  • Partner with HR Technology teams to enhance tools, reporting, and processes for compensation planning.
  • Support compensation planning initiatives and organizational changes through collaboration with Finance and Recruitment teams.
  • Deliver training and guidance to stakeholders on compensation practices and processes.
  • Ensure compliance with U.S. and international compensation laws, including pay transparency regulations.
  • Leverage advanced tools and technologies to drive efficiency and scalability of compensation programs.

Compensation Manager Key Responsibilities & Duties

  • Advise HR and leadership on compensation strategies and pay decisions across diverse organizational functions.
  • Design, implement, and administer base salary, incentive programs, and compensation processes.
  • Conduct market pricing and benchmarking analyses to inform pay decisions.
  • Ensure compliance with multi-state and international compensation laws and regulations.
  • Manage relationships with external compensation vendors and consultants.
  • Enhance HR systems and compensation technologies to improve efficiency and accuracy.
  • Collaborate with Finance on annual incentive planning initiatives.
  • Prepare and distribute employee compensation statements ensuring accuracy and quality control.
  • Deliver training and guidance on compensation practices to stakeholders.

Compensation Manager Job Requirements

  • Bachelor’s degree in Business, HR, Finance, or related discipline required.
  • 5-7 years of experience in compensation management, preferably in multi-state environments.
  • Advanced proficiency in Excel for data analysis and modeling.
  • Demonstrated experience with HR information systems and process improvement.
  • Knowledge of U.S. compensation compliance laws and unionized environments preferred.
  • Strong vendor management skills for compensation systems and market data tools.
  • Excellent communication skills to advise and partner with managers at all levels.
  • Certified Compensation Professional (CCP) or similar certification preferred.
  • Ability to manage multiple priorities in fast-paced and ambiguous environments.
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