Compensation Manager
1 month ago
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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