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Senior Compensation Manager

4 months ago

Indianapolis, United States Cox Enterprises Full time

Cox Automotive

is currently looking for a

Senior Compensation Manager

to join our team in

Indianapolis, Indiana

.

This is a hybrid role, and the schedule is a mix of work-from-office/work-from-home. The Role: The Senior Compensation Manager will provide compensation consulting support to Cox Automotive’s Mobility Fleet Services team. In addition to providing analytical and support services to this group, they will also develop and implement compensation programs, policies, and procedures. The Senior Manager is responsible for ensuring that compensation plans align with the strategic goals of the company. They may manage a variety of special projects, including non-exempt pay policies, pay administration, bonus administration, operational incentive design, long-term incentives, and oversight of the compensation elements within Workday. Projects may also involve revision, development and/or re-design of existing compensation programs. Responsibilities: Contribute to the development of creative solutions on a variety of total compensation issues including the setting of appropriate base pay levels, market pricing, skills trends, offer analysis, job evaluations, annual target incentive pay, and local incentive plans; provide guidance to group and local leadership on best practices related to plans and processes.

Lead projects related to the implementation of company-wide compensation programs and systems across the business, including the year-end salary administration process and bonus payouts.

Partner to educate Human Resources Business Partners on all matters of compensation (e.g. internal and external equity issues, base pay, long/short term incentives, other rewards).

Partner with Business Intelligence and Data Analytics teams to help build and maintain tools to support incentive compensation solutions.

Work with communications partner to create messages that will advise and educate HRBPs and managers of our compensation events and programs.

Conduct various annual reviews including internal equity, merit movement, compa-ratio and other metrics for analysis, as needed.

Assist in the creation and documentation of standardized compensation processes.

Complete market analytics to identify compensation anomalies in how Cox Automotive compares to market data.

Ensure all compensation programs are compliant with federal and state applicable laws and meeting organizational business objectives.

Maintain up-to-date knowledge of both federal and state wage and hour laws, including FLSA.

Provide coaching/mentoring for more junior level team members.

May perform other initiatives as assigned by department leadership.

Qualifications: Bachelor’s degree in related discipline and 8 years’ related work experience in compensation. The right candidate could also have a different combination, such as a master’s degree and 6 years’ experience; a Ph.D. and 3 years’ experience in a related field; or 12 years’ experience in a related field.

Build and maintain strong working relationships with Human Resources Business Partners and key stakeholders.

Strong qualitative and analytical skills including manipulating data, querying, and reporting. Must have ability to analyze and research compensation trends and partner with appropriate internal and external resources.

Self-motivated and driven individual that can work in a high performance, fast-paced team environment.

Excellent communication and analytical skills; able to conceptualize data as it relates to compensation, goal attainment, and achieving results; ability to interpret business objectives and successfully incorporate those into sales compensation terms.

Knowledge of industry practices and understanding of compensation principles, concepts, and practices including compliance with state and federal laws.

Ability to interact with and influence senior executives to successfully deliver reporting results and recommendations related to compensation plan strategy, design or outcomes.

Ability to maintain confidentiality and data privacy.

Proficiency in Microsoft suite, including Excel, PowerPoint, Word.

Preferred Qualifications: A variety of experience with Hourly employees and/or incentive compensation.

System experience including business process design, reporting and data management within a HRIS database system, e.g., Workday, PeopleSoft, Cascade.

System experience within a Time and Attendance database system, e.g., UKG or Workday.

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