Compensation Manager
1 month ago
Position Summary:
The role is responsible for all aspects of compensation, both in the retail stores & store support center for EG America. Oversees base salary and incentive programs, job evaluations, and salary survey participation and procurement. Conducts market analysis of company jobs to determine competitive positioning of the organization's pay programs. Participates in annual salary administration programs, including salary structure creation and maintenance and development of incentive or salary increase budgets. Ensures that all compensation-related activities comply with applicable regulations and standards.
Responsibilities:
1. Serve as subject matter expert and provide day-to-day compensation support.
2. Collaborate and partner with Leadership Support Team, HR Business Partners & Talent Acquisition on pay decisions.
3. Manage the mid-year and year-end compensation process in alignment with the performance evaluation process using compensation modeling, data analytics and benchmarking.
4. Develop and track compensation reporting metrics and communicate actionable insights to Leadership Support Team.
5. Administer and participate in salary surveys and monitor salary survey data to ensure competitiveness.
6. Design and deliver compensation communication to managers and employees.
7. Ensure compliance with federal, state, and local compensation laws.
8. Manage long-term and short-term store support incentive plans.
9. Collaborate with Finance on retail store incentive plans.
10. Collaborate with Legal on acquisition and divestment activities.
11. Manage the annual expense budgeting and forecasting process for the Human Resources department.
Working Relationships: All levels of management across the organization.
Requirements:
Minimum Education:
Bachelor’s degree or equivalent experience in Finance, Human Resources or related field
Preferred Education:
Master’s degree or equivalent experience in Finance, Human Resources or related field
Minimum Experience:
2-4 years in Finance or Human Resources with strong analytic duties
Preferred Experience:
4-6 years in Finance or Human Resources with strong analytic duties
Licenses/Certifications:
Strong computer skills. Advanced level skill set with Microsoft Excel
Soft Skills:
- Comfortable talking and interacting with others
- Strong communication skills
- Detail and process oriented
- Able to multi-task and prioritize
Physical Requirement:
Ability to stand/walk/ sit as needed during work day
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