Compensation Manager

2 weeks ago


Marlton, New Jersey, United States Virtua Full time
Job Summary:

This position is responsible for overseeing the day-to-day operations of the compensation department at Virtua. The ideal candidate will ensure internal job equity and external competitiveness while adhering to the company's compensation philosophy. They will provide analytical expertise, interpret compensation policies and regulations, and optimize compensation processes within the human capital management system.

Key Responsibilities:
  • Manage daily activities of the compensation department, including administration and interpretation of compensation policies and guidelines.
  • Oversee the administration of compensation programs, including planning, coordination, facilitation, and reporting on annual salary reviews, incentive plans, staff bonuses, and merit increases.
  • Ensure completion of periodic wage analysis to ensure market competitiveness on all compensation programs.
  • Collaborate with HRBPs and Talent Acquisition to build relationships with business line managers, develop understanding of business needs and concerns, and recommend appropriate compensation solutions.
  • Manage project planning components relating to compensation program administration, development, and/or re-design.
Requirements:
  • Minimum 5+ years of experience in design and/or administration of compensation programs.
  • Significant knowledge of compensation policies, practices, and procedures.
  • Strong analytical skills and Excel skills required.
  • Ability to work independently and prioritize responsibilities to meet deadlines.
  • Workday experience preferred.
  • Previous management experience preferred.
Education:

Bachelor's degree required.

Preferred Qualifications:

Certified Compensation Professional (CCP) preferred.


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