Compensation Manager
2 weeks ago
Job Summary:
Virtua seeks a skilled Compensation Manager to oversee the day-to-day operation of the compensation department. This role ensures internal job equity and external competitiveness while adhering to the company's compensation philosophy. The ideal candidate 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, coordinating, and reporting on annual salary reviews, incentive plans, and retention bonuses.
- 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 and develop understanding of business needs and concerns.
- Assist HR and business leaders with questions concerning compensation policies and practices.
Requirements:
- Minimum 5+ years experience in design and/or administration of compensation programs.
- Significant knowledge of compensation policies, practices, and procedures.
- Strong analytical skills and Excel skills required.
- Must be able to work independently and prioritize responsibilities to meet deadlines.
Preferred Qualifications:
- Previous management experience.
- Workday experience.
- Certified Compensation Professional (CCP) certification.
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