Compensation Manager

Job description

Manages the design, development, administration and implementation of compensation programs, policies, structures and practices for the organization. Oversees participation in compensation surveys, prepares reports, performs research and analysis, and assists with the coordination and implementation of annual compensation activities. Provides analytical expertise and support to business units and People and Culture (P&C) on all aspects of compensation. Guides compensation compliance initiatives and coordinates communication of regulatory changes with other P&C functional areas. Develops recommendations to modify or implement new programs, policies, and procedures. Manages compensation programs in accordance with FLSA . Accountabilities: Monitors the effectiveness of existing compensation policies, guidelines and procedures; implements revisions or new plans that are cost-effective and consistent with compensation trends and corporate objectives Builds organization understanding of job structures, compensation practices and how they support attracting, retaining and on-going growth of talented staff. Prepares communications and education materials for staff and managers. Consults wi...