What are the responsibilities and job description for the Compensation Manager position at Central Business Solutions, Inc?
Overview
As a Compensation Manager you will serve as a strategic leader and subject matter expert responsible for developing, optimizing, and leading compensation programs. You will evolve our compensation frameworks to attract, retain, and motivate top talent in alignment with our business goals and compensation philosophy. As a trusted business partner to the People Team and senior leadership, you will drive compensation strategy, lead complex projects, ensure regulatory compliance, and deliver data-driven insights to shape equitable, competitive pay practices.
What you’ll do
Become part of an iconic brand that is set to revolutionize the electric pick-up truck & rugged SUV marketplace by achieving the following:
- Lead the design, implementation, and continuous evolution of compensation strategies aligned with business objectives and market dynamics.
- Partner with HR, Finance, and business leaders to advise on salary decisions, job leveling, and promotions.
- Drive the development and execution of Career Ladder frameworks to support internal mobility, employee development, and engagement.
- Oversee job architecture including job evaluation, leveling, and grade assignments.
- Manage the annual compensation planning cycle including merit, promotion, and adjustment recommendations; Provide guidance to leaders on budget allocation and pay-for-performance alignment.
- Conduct market research and ensure pay is competitive and aligned with internal equity.
- Monitor compensation trends and recommend changes to maintain competitive market positioning and internal equity.
- Maintain deep understanding of relevant laws and regulations (e.g., FLSA, minimum wage, pay transparency), ensuring all compensation practices remain compliant.
- Conduct compensation-related audits, internal reviews, and support pay equity and transparency initiatives.
- Maintain compensation-related policies and procedures, ensuring consistency and fairness across the organization.
- Partner with HRIS and IT to ensure accuracy, integrity, and compliance of compensation data and systems.
- Analyze compensation data and create clear reports for leadership.
- Manage survey participation and external vendor relationships.
- Lead compensation-related projects, including system enhancements, career frameworks, and organizational design support.
Location & Travel Expectations:.
- This role requires 4 days per week in the office, with regular in-person meetings and events.
- Applicants should expect that the role will require the ability to convene with Company's colleagues in person and travel to participate in events on behalf of the company from time to time.
What you’ll bring
We expect all employees to have integrity, curiosity, resourcefulness, and strive to exhibit a positive attitude, as well as a growth mindset. You’ll be comfortable with change and flexible in a fast-paced, high-growth environment. You’ll take a collaborative approach to achieve ambitious goals. Here's what else you'll bring:
- Bachelor’s degree in Human resources, Finance, Business, or related field.
- 8 years of progressive experience in compensation analysis and program management.
- Strong analytical and quantitative skills with ability to interpret complex data and develop strategic insights.
- Demonstrated ability to influence senior leaders and collaborate across multiple functions.
- Deep knowledge of federal/state wage and hour regulations and compensation compliance standards.
- Advanced proficiency in Excel, compensation benchmarking tools and HRIS systems (e.g., Workday, SAP).