Compensation Manager

1 month ago


Chesapeake, Virginia, United States Dollar Tree Full time
Job Title: Manager, Compensation

Job Summary:
The Manager of Compensation at Dollar Tree is responsible for designing, implementing, and administering the company's broad-based compensation programs. This role will lead a team responsible for supporting the compensation programs for our Retail teams.

Key Responsibilities:
  • Develop and manage the Company's compensation programs, including base pay and short-term and long-term incentive plans
  • Lead a team of Compensation professionals supporting our Retail division
  • Conduct market pricing of roles to ensure our programs are competitive
  • Responsible for maintaining and updating the Company's salary structures based on external survey analysis
  • Collaborate with business partners to evaluate the compensation of new and existing roles and create job descriptions
  • Evaluate the effectiveness of compensation programs and make recommendations for enhancements that deliver on Dollar Tree's commitment to pay for performance
  • Manage the Company's incentive calculation system (Varicent ICM) and identify opportunities for process improvement
  • Manage the relationship with third-party administrator and broker for LTI plans
  • Support all compensation components of the annual performance process, including merit planning, bonus administration, and administration of LTI awards for all associates
  • Create compensation education materials to increase associate understanding and engagement
  • Participate in special projects related to compensation programs or systems on an as-needed basis
  • Ensure all programs comply with applicable federal, state, and local legislation

Requirements:
  • Bachelor's degree (BA / BS / BFA) or equivalent
  • 3 to 5 years' experience in Compensation
  • Prior Management experience
  • Microsoft Word, PowerPoint, Excel; Showcase Query (SQL); Incentive Compensation Management tools (Varicent)

Preferred Requirements:
  • Certified Compensation Professional
  • Experience using Workday (Core Compensation & Advanced Compensation modules)

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