What are the responsibilities and job description for the Manager, Compensation (Incentive Compensation) position at Panda Restaurant Group?
Summary of Job Description:
The Manager, Compensation (Incentive Comp) is responsible for the design, implementation, and engagement of the compensation structure and short-term incentive programs that support various business concepts. This position ensures alignment with market trends and company objectives through comprehensive benchmarking and market analysis, providing insights and informed decision-making. The Manager, Compensation (Incentive Comp) evaluates the effectiveness of current compensation programs, models the impact of proposed changes, and ensures compliance. This position will lead a team of analysts leveraging data to enhance overall business performance and drive different initiatives.
Job Responsibilities:
- Develops, recommends, and implements compensation structures (pay and short-term incentives) tailored to different business concepts, ensuring alignment with market trends, company objectives, and the needs of business partners.
- Conducts benchmarking and market analysis to ensure competitive positioning of base pay and incentive plans. Evaluates the effectiveness of current compensation programs and models the impact of proposed changes.
- Ensures compliance with FLSA standards, state, and federal wage regulations.
- Develops and maintains compensation reports, dashboards, and metrics for data-driven decisions.
- Oversees the administration of all short-term incentive plans, annual merit review, and other pay programs to ensure timeliness, accuracy, and engagement in the programs.
- Leads and manages a team of analysts, providing guidance, training, and coaching to enhance their performance and achieve company and team objectives.
How we reward you:
- Hybrid Work schedule
- 401K with company match
- Yearly bonus opportunity*
- Full medical, dental, and vision insurance *
- On-site fitness center, biometric screen, and flu shot clinic
- Discounts at Panda restaurants, theme parks, and gym memberships
- Paid time off starting at 15 days with 7 federal holidays*
- Continuous education assistance and scholarships*
- Income protection including Disability, Life and AD&D insurance*
- Bereavement leave*
*Benefits available for eligible permanent full time associates
Your background & experience:
- Bachelor’s degree required; Business and/or HR major preferred
- 5 years in a HR/Compensation role with increasing management responsibility, preferably in a retail/hospitality operations environment is highly preferred
- Successful completion of initial and periodically required training
- Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.
Pay Range: M2: $112,500 - $158,000 / Annual
* Within the range, individual pay is determined using various factors, including work location and experience.
#LI-Hybrid
Panda Strong since 1983:
Founded in Glendale, California, we are now the largest family-owned American Chinese Restaurant concept in America. With close to 2,800 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it’s impacting our team or the communities we work in, we’re proud to be an organization that embraces family values.
You’re wanted here:
Panda Restaurant Group, Inc. is an Equal Opportunity Employer and is committed to providing equal opportunity, and does not discriminate on the basis of any characteristic protected by law, including but not limited to sex/gender (including pregnancy, childbirth, lactation and related conditions), gender expression, race, color, religion, national origin, sexual orientation, gender identity, disability, age, ancestry, medical condition, genetic information, marital status, and veteran status. Additionally, Panda Restaurant Group, Inc. complies with all federal, state, and local laws regarding requests for workplace accommodation. The Americans with Disabilities Act (ADA) prohibits discrimination against qualified individuals on the basis of disability. Applicants are entitled to reasonable accommodations, absent undue hardship, to effectively participate in the application and hiring process, for example, sign language interpreters. If you believe you require an accommodation for the application or interview process or for the position for which you are applying, please reach out to TASupport@PandaRG.com.
Salary : $112,500 - $158,000