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Compensation Manager

Fairhaven, MA 02719

Posted: 07/26/2023 Employment Type: Direct Hire/Perm Job Category: Human Resources Job Number: 563907 Country: United States Is job remote?: No

Job Description

The Compensation Manager will assist with the design, development, and management of global compensation programs to ensure market competitiveness and legal compliance. This role will manage the administration of all US plans. Consult with business leaders and HRBP's to counsel, influence, and guide compensation business decisions.
Responsibilities:
  • Manage the development and deployment of compensation programs to include job evaluations; FLSA classifications; market analysis; salary increase administration; pay structure management, policy development, implementation, administration, and legal compliance.
  • Monitor the effectiveness of existing compensation policies, guidelines and procedures and recommend revisions that are consistent with marketplace trends, as well as cost-effective.
  • Provide strategic guidance to business partners on the administration of policies and programs.
  • Provide counsel to business leaders and human resources business partners in compensation strategy, programs, processes, and ad hoc actions including developing competitive compensation offers to candidates.
  • Negotiate and influence outcomes that are legally compliant and that represent the company's best interest.
  • Provide oversight and guidance on the administration of global compensation programs.
  • Work with International HRBPs to participate in global salary surveys.
  • Conduct global market analysis to ensure competitive pay practices in all markets.
  • Manage salary planning to include oversight of the compensation timeline, communication, system configuration, and testing.
  • Manage other compensation plans to include incentive plans,
  • Distinguished Performance Award, and Bravo Recognition and reward program.
  • Manage the market adjustment budget, making recommendations for the business based on market analysis.
  • Manage other compensation projects as assigned.

Requirements:
  • Bachelor's Degree is required
  • Certified Compensation Professional (CCP) certification is preferred.
  • 8+ years experience in the administration and management of compensation programs.
  • Ability to build relationships and to influence and collaborate across departments in order to achieve objectives
  • Strong analytical skills
  • Advanced Excel skills
  • Good communication and interpersonal skills
  • Negotiation skills
  • Solid understanding of compensation laws
  • Oracle experience is highly preferred.
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About Fairhaven, MA

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