Compensation Manager
GQR - Raleigh, NC
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Position OverviewThis is a functional Manager (no direct reports) role that is responsible for overseeing the development, implementation, and administration of comprehensive compensation programs, including base pay, short-term incentives, and executive pay structures. The individual will ensure compliance with legal and regulatory standards, manage compensation processes, and provide strategic guidance to various internal teams.Key ResponsibilitiesLead the design and administration of compensation programs, including base pay, short-term incentives, executive compensation, and compliance with relevant regulations.Collaborate with Talent Acquisition, HR Operations, and broader teams to provide insights on compensation matters, ensuring alignment with market trends and internal practices.Conduct job evaluations and market data research to make informed compensation recommendations for new hires, promotions, and internal adjustments.Manage the annual merit and short-term incentive cycles, ensuring compliance with legal standards, timelines, and budgets.Oversee the Long-Term Incentive Program (LTIP), coordinating with third-party administrators and internal teams on award values, distributions, and compliance.Lead comprehensive department-level job and compensation reviews, ensuring consistency in job hierarchy and career progression.Serve as the main liaison with third-party vendors for compensation data, surveys, and systems, ensuring competitive market positioning through analysis of survey results.Prepare detailed compensation reports and analyses to identify trends, making recommendations for program improvements.Provide training and education to HR teams on compensation policies, projects, and initiatives.Lead compensation-related projects and ad hoc analysis as needed.QualificationsBachelor's degree in Business, Finance, Human Resources, or a related field (preferred).5+ years of progressive compensation experience, with a strong understanding of federal and state regulations impacting compensation programs.Familiarity with HR processes and the interaction between compensation, payroll, benefits, and HRIS systems.Experience with HR technologies (such as HRIS systems and market pricing tools) and proficiency in advanced Excel functions, including pivot tables and data analysis.Strong attention to detail, analytical abilities, and the ability to maintain confidentiality when working with sensitive data.Excellent communication and interpersonal skills, with the ability to build relationships across all levels of the organization.Ability to work independently, manage multiple priorities, and deliver results within a fast-paced environment.Flexibility to work extended hours and weekends during peak compensation cycles.Preferred QualificationsCCP certification or progress toward certification.Experience managing equity compensation programs.Experience supporting a manufacturing environment or working with both exempt and non-exempt employee populations.Working ConditionsHybrid work model with a minimum of two days a week in the office
Created: 2024-10-09