Compensation Manager

4 weeks ago

Green Bay, Wisconsin, United States Prevea Health Full time
Job Summary

The Manager of Compensation is responsible for designing, developing, implementing, and administering a new and revised compensation program and policies to support Prevea Health's compensation philosophy, maintain external equity to the market, internal equity, and alignment with the key priorities and strategies of the organization.

Key Responsibilities
  • Manage and administer compensation software, submit all market surveys, conduct advanced market analysis, determine wages for all new employees and employee movement, FLSA determination, determine ranges, data entry into HRIS, and present compensation findings and recommendations to leadership and key stakeholders.
  • Act as an internal subject matter expert on pay decisions, policy, and guideline interpretation to key stakeholders, manage and set pay and pay ranges for exempt and non-exempt roles, new hires, transfers, and position changes, determine wage ranges and FLSA status for all positions pushed through our job description software.
  • Lead the training for new and existing leaders on our compensation program, collaborate with leaders on education of the compensation policy to ensure transparency, guidance, interpretation, process, and solutions, process annual merit increase approvals in our Human Resource Information System (HRIS).
  • Manage and administer the compensation survey management software, complete all vendor compensation surveys using the software program, maintain data in the software system on an ongoing basis, conduct yearly migration of new survey data, review survey data against our organization's roles and provide appropriate matches to all staff roles in the organization, provide reporting as needed from the system.
  • Conduct ongoing research, benchmarking, and analysis on emerging compensation trends and best practices, including benchmarking, draft reports, and generate analyses to support competitive compensation classifications and pay, make recommendations for enhancement of programs as appropriate, ensure the compensation program is equitable and attractive to recruit and retain staff and that the program follows government laws and regulations.
  • Participate in annual compensation surveys and use survey results to modify compensation structures and conduct equity analysis of roles in response to changing organizational needs and market values, present recommendations to leadership and key stakeholders, data entry of new ranges, job titles, and pay rates in HRIS.
  • Conduct HR reporting and analysis, audit compensation data to ensure compliance with our organization's pay policies and practices to ensure compliance with all related regulations, including FLSA and pay equity.
  • Update job description system with job information once HRIS files load into the system to ensure accurate data between systems.
Requirements
  • Bachelor's Degree in Human Resources, Finance, or Business Administration, or combination of education and experience in a related field.
  • 5-7 years compensation experience.
  • 3-5 years experience in leading/building compensation programs for an organization.
Skills and Abilities
  • Proficient in Microsoft Office Suite applications, including Word, Excel, PowerPoint, and Outlook, advanced level in Excel, including pivot tables and VLOOKUP.
  • Background knowledge/familiarity of HR/Compensation/Talent Metrics and a demonstrated ability to maintain confidentiality with sensitive and/or personal information.
  • Ability to prepare in-depth analysis.
  • Ability to work in a fast-paced environment with constantly changing priorities.
  • Ability to work independently and as a team member, self-motivated, results-driven, detail-oriented, and ability to exercise independent judgment as appropriate.
  • Interpersonal and collaborative skills to work well with members of the leadership team.
  • Knowledge of compensation software programs.
  • Excellent oral and written communication, customer service, and interpersonal skills.
  • Problem-solving skills to find solutions to challenges.
  • Proficient in accurate data entry and application processing.
  • Ability to present information in a clear, concise, and effective manner.

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