Compensation Manager

6 days ago


Plymouth, Massachusetts, United States SDL Search Partners Full time
About the Job

We are seeking a highly skilled Compensation Manager to join our team at a top Construction / Professional Services company headquartered on the South Shore in MA. As a key member of our organization, you will play a critical role in shaping our compensation strategies and ensuring that our compensation plans and programs are competitive and aligned with industry best practices.

Key Responsibilities
  • Conduct market analysis and utilize market data to inform compensation decisions, ensuring that our compensation plans and programs are competitive and aligned with industry best practices.
  • Manage all relationships with external compensation consultants and vendors, ensuring that our compensation strategies are informed by the latest industry trends and best practices.
  • Monitor existing business conditions and maintain impactful internal stakeholder relationships, internally and externally, and a thorough understanding of the organization's business requirements.
  • Manage the documentation of Policy and Program decisions to ensure alignment with laws, rules and regulations and that decisions are made in an equitable manner.
  • Lead system testing initiatives to ensure that our compensation systems are configured according to established business requirements.
  • Conduct workshops and training sessions to educate stakeholders on compensation best practices, guidelines, and functionality.
  • Collaborate with cross-functional teams to understand complex issues which arise, conduct research, and communicate swift outcomes to those impacted.
  • Model all data proactively and prepare summary reporting during the compensation planning process for all levels of leadership up to and including the C-Suite.
  • Communicate clearly and remove barriers to execution, ensuring that our compensation strategies are effectively implemented and aligned with business objectives.
  • Develop and maintain program plan audit reporting to ensure budgets are maintained and that our compensation strategies are aligned with business objectives.
Requirements
  • Bachelor's Degree in Finance, Accounting, Information Systems, Human Resources, or equivalent.
  • Understanding of compensation principles, including salary structures, incentive programs, and equity compensation plans.
  • Proven experience in conducting market analysis and utilizing market data to inform compensation decisions.
  • Strong analytical skills with the ability to interpret complex data and provide actionable insights.
  • Ability to business partner with a variety of teams, as well as leadership.

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