Global Compensation Manager

3 weeks ago

New York, United States Oakleaf Partnership Full time

Oakleaf Partnership is partnered with a market leading global investment firm in their search for a Compensation Manager to join their growing reward function. This will be a fast-paced role working supporting the global compensation function, the role requires a seasoned professional looking to make an impact in a market leading organisation

Role

The firm is in a state of rapid growth and transformation and the Rewards team is critical to its success. All HR functions must continuously evaluate the efficacy of programs, enhance them, and implement best practices to ensure we support the needs of the business, individual deal teams and all operations.

Developing global compensation programs in this environment will require consistency and flexibility and someone who thrives in a fast-paced environment with a strong attention to detail, time management, and organization skills.

Principal Responsibilities:

  • Ensures alignment of compensation programs with company values and business objectives.
  • Monitors compensation industry trends and best practices. Develops strategy, philosophy and policies in consultation and partnership with CHRO, HRBPs and consulting partners as needed.
  • Use Workday to maintain the global compensation structure including job profiles, salary ranges, compensation grades & grade profiles, and bonus plans.
  • Rapidly evaluates new positions using a market-pay approach and determine management level and salary grade. Leverages Pay Factors/Pay Scale for ad[1]hoc queries.
  • Administers the annual compensation process including merit increases, promotions, and bonuses.
  • Partners with HRIS to ensure systems set-up, testing, communication, enhancements, etc. and in partnership with finance.
  • Manages total compensation statements and promotion letters.
  • Maintains documents for all compensation plans including commission, bonus, LTIP, etc.
  • Administers off-cycle job changes (e.g. transfers, promotions, restructures) and required documentation.
  • Partners with HRBP's to prepare and administer and monitor voluntary and involuntary separations including:
  • Employee Customer Service including communications and severance agreements. Maintain and file employee separation records.
  • Partner with payroll and ITS.
  • Manage unemployment requests

We are keen to hear from experienced Compensation professionals with strong communication skills and drive. These individuals will need to have a minimum of 6 years of experience in a corporate environment. Financial Services Preferred

Requirements:

  • Bachelor's degree.
  • Certified Compensation Professional (CCP) and/or Workday Professional certification preferred.
  • At least 6 years relevant, global compensation experience leading the redesign and implementation of compensation programs, benchmarking base pay programs, conducting job evaluations, and developing and implementing short- and long-term incentive programs, including equity.
  • Experience with HRMS with meaningful analysis and reporting.
  • Financial or professional services experience preferred.
  • Workday experience required.
  • Experience partnering with an Executive Leadership team

aristidecovi@oakleafpartnership.com or via private message on LinkedIn

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