Compensation Manager

Overview

We are seeking a highly skilled and strategic Compensation Manager to join our Human Resources team. This pivotal role involves designing, implementing, and maintaining comprehensive compensation programs that align with organizational goals and ensure competitive positioning in the marketplace. The Compensation Manager will lead initiatives related to salary structures, incentive plans, benefits administration, and compliance with employment laws. The ideal candidate will possess a deep understanding of HRIS systems, payroll processes, and regulatory requirements, contributing to a fair and motivating work environment that attracts and retains top talent.

Responsibilities

• Develop and oversee compensation strategies, including salary structures, incentive plans, and bonus programs, ensuring alignment with organizational objectives.
• Manage the administration of employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
• Ensure compliance with employment and labor laws such as FMLA, HIPAA, and workers' compensation regulations across all compensation practices.
• Utilize HRIS platforms such as Workday, Oracle HCM, SAP SuccessFactors, or UltiPro to maintain accurate employee data related to compensation.
• Conduct regular data collection and analysis to evaluate market competitiveness and internal equity; prepare detailed reports for leadership decision-making.
• Lead negotiations for employment contracts and salary offers; facilitate employee orientation sessions related to compensation policies.
• Oversee payroll processing in collaboration with payroll providers like ADP or Paylocity; ensure accuracy in payments and deductions.
• Maintain regulatory reporting standards for agencies such as Medicare or other relevant authorities.
• Manage employee evaluation processes to ensure performance-based compensation adjustments are fair and transparent.
• Collaborate with Employee Relations teams to address compensation-related concerns; support training & development initiatives related to pay practices.
• Ensure compliance with data privacy standards such as HIPAA when handling sensitive employee information.
• Support the integration of ERP systems like Lawson or PeopleSoft for streamlined HR operations.
• Prepare reports on compensation trends and recommend improvements based on data analysis skills.

Skills

• Extensive knowledge of human resources functions with a focus on compensation management.
• Proficiency in HRIS systems including Workday, Oracle HCM, SAP SuccessFactors, UltiPro, or similar platforms.
• Strong understanding of payroll processing systems such as ADP, Paylocity, or Kronos.
• Familiarity with benefits administration processes and regulatory requirements including FMLA, HIPAA, workers' compensation, and employment law.
• Excellent communication skills for effective negotiation and employee engagement.
• Ability to analyze complex data sets using tools like Salesforce or other analytics software to inform strategic decisions.
• Experience managing contracts related to employment terms; adept at regulatory reporting requirements.
• Knowledge of recruiting processes along with training & development practices related to compensation policies.
• Competence in using ERP systems like Lawson or PeopleSoft for HR operations management.
• Strong organizational skills with attention to detail in data collection and reporting activities. This role offers an exciting opportunity for a dedicated professional eager to influence organizational success through innovative compensation strategies. We welcome candidates committed to fostering an equitable workplace environment that values transparency, compliance, and employee engagement.

Job Type: Full-time

Pay: From $175,000.00 per year

Work Location: In person

Salary : $175,000