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Compensation & Payroll Manager
2 months ago
An Insurance firm based in Stamford, Connecticut is seeking a Compensation/Payroll Manager to join their HR Shared Services team. The individual in this role will implement new and revised compensation programs, policies, and procedures to align with the company's goals and competitive practices.
Responsibilities
- Manages the development, implementation, and administration of merit increases, bonus payments, executive compensation, and incentive programs
- Manages payroll team and is responsible for hiring and developing employees within the department as well as performance management for the team
- Designs innovative solutions to specific compensation-related programs, incentive plans, salary structure/salary ranges and job architecture
- Collaborates closely with HRIS analyst team and HR partners on program and process changes and/or system efficiencies and enhancements
- Responsible for overall Workday Payroll process established for the US and UK
- Provides advice to HR partners regarding compensation programs
- Ensures compliance with federal, state and local compensation laws and regulations
- Bachelor's degree required
- Minimum of 5 years of progressively responsible experience in employee compensation/multi-state payroll
- Knowledge of all federal, state and local regulations, laws and compliance requirements related to employee compensation
- Strong analytical skills and ability to interpret, communicate and present data
- Computer proficiency and technical aptitude with the ability to use advanced Excel skills, HRIS experience, experience managing or configuring HCM systems
- Experience leading projects and systems integrations
- Strong leadership and team management skills and at least two years of experience managing a team
- Excellent time management skills and ability to plan and set priorities
- Excellent verbal and written communication skills
- Strong interpersonal skills in dealing with senior management and stakeholders
- Experience working with global compensation/payroll and with global teams
- Experience using Workday