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Compensation Manager
4 months ago
We are seeking a Compensation Manager to join REV Group’s Total Rewards team. Reporting to the Senior Director of Total Rewards, the Compensation Manager will play a critical role in designing, implementing, and managing REV Group’s compensation programs. The successful candidate will possess a deep understanding of compensation principles, market trends, and best practices. They will work closely across all of HR and with members of the Finance team to consult on compensation best practices and ensure the compensation programs are aligned with business objectives and support efforts to attract, retain, and motivate top talent.
Essential Duties and Responsibilities:
This list of duties and responsibilities is not all inclusive and may include other duties and responsibilities, as management may deem necessary from time to time.
- Advising local HR teams on compensation best practices.
- Lead the company’s annual salary planning, including running the annual merit process, and the company’s annual bonus and long-term equity grants via the company’s human capital management system.
- Ensure jobs at the company are properly aligned to the market, and participate in salary surveys.
- Oversee the administration of the company’s equity compensation plan.
- Support Senior Director Total Rewards with preparing materials for the Compensation Committee of the Board.
- Stay abreast of legal and regulatory changes related to compensation practices and ensure compliance with all relevant laws and regulations.
- Develop communication materials and provide training to managers and local HR teams on compensation programs, policies, and practices.
- Manage relationships with external vendors such as survey providers, and equity plan administrators to support compensation program design and administration.
- Provide insights in ensuring other total rewards programs (such as relocation program and our recognition programs) are aligned to the company’s overall total rewards value proposition.
Required Knowledge, Skills, and Abilities:
- Demonstrated knowledge of compensation fundamentals, which could include: job grading methodologies, market pricing, running an annual merit process, pay analysis.
- Strong analytical and problem-solving skills
- Proven ability to effectively manage through ambiguity, interpret data, and make informed decisions.
- Excellent communication and relational skills, with the ability to engage at all levels of the organization.
- Ability to work effectively independently and in a team environment.
- Proven ability to manage projects with speed and precision, demonstrating determination and adaptability.
- Exceptional organizational, interpersonal, and willingness to work within changing priorities.
- Highly proficient in the use of Microsoft Office suite (Excel, Word, Outlook, etc.)
- CCP preferred, but not required.
- Experience working with SuccessFactors and CompAnalyst preferred but not required.
Education and/or Experience:
- Bachelor's Degree or a minimum of 10 years experience working in a professional setting.
- 7+ years of related compensation or HR work experience which could include a mix of working in Compensation, Total Rewards, as an HR Business Partner, or working in Finance in support of compensation programs.
- 2+ years working in HR for a manufacturing organization.