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Incentive Compensation Program Manager

4 months ago

Newton, United States Sonesta International Hotels Full time
Job Description Summary

Responsible for providing administrative guidance and support to Sonesta's Incentive Compensation Programs. Coordinate with Finance, business units, and HR on the design, data collection, reporting, processing, communications, and documentation of Compensation Incentive Programs. Research and report on external benchmark trends/data. Participate in external survey data collection related to Incentive Compensation Programs.

Job Description
  • Responsible for assisting in the design, documentation, payment processing and communication of Sonesta's incentive compensation programs (including, but are not limited to; Sales, Hotel, Franchise and Corporate incentive, commission, and bonus plans).
  • In collaboration with internal partners, builds and maintains incentive compensation plan documents for distribution. Manage the distribution and status tracking of incentive compensation plan documents.
  • Partner closely with colleagues in finance, business units, and HR to design, implement and maintain the systems, and processes in support of Sonesta's incentive compensation programs.
  • Partner with finance, business units, HR/HR Operations, and payroll on planning for incentive payments. Ensure payments meet required deadlines and on an accurate basis.
  • Plans for and ensure payments receive required review and approvals.
  • Monitors the effectiveness of existing practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives.
  • Function as a subject matter expert on all incentive compensation plans.
  • Assists with the development and distribution of training, presentation, and other materials for compensation program rollouts.
Requirements
  • Bachelor's degree or equivalent experience
  • 3+ years of experience in compensation program design, support, or equivalent experience
  • Strong analytical and spreadsheet skills (advance level)
  • Strong project management skills
  • Ability to partner, collaborate and influence across functional areas
  • Experience implementing process and systems
  • Ability to operate in and be successful in a changing environment
  • Have good judgment and can balance business strategy, organizational context and data in driving toward solutions
  • Confident in communicating with all levels of the organization
  • Attention to detail, accurate work product
Additional Job Information/Anticipated

Pay Range

$90,000 to $120,000. Base pay offered may vary depending on various factors including but not limited to job related knowledge, skills, and job specific/overall experience.

Benefits

Sonesta recognizes that benefits play a vital role in helping ensure the health and financial security of employees and their families. We offer a variety of benefits to our employees including:
  • Medical, Dental and Vision Insurance
  • Health Savings Account with Company Match
  • 401(k) Retirement Plan with Company Match
  • Paid Vacation and Sick Days
  • Sonesta Hotel Discounts
  • Educational Assistance
  • Paid Parental Leave
  • Company Paid Life Insurance
  • Company Paid Short Term and Long Term Disability Insurance
  • Various Employee Perks and Discounts


Upon submitting your application, please ensure you complete a full application in addition to attaching a resume. Incomplete applications received will not be considered.