Compensation Manager

Job description

Job Summary: The Compensation Manager is responsible for designing, implementing, and managing our compensation programs. This role ensures our pay structures are competitive, equitable, and aligned with business objectives while maintaining compliance with legal requirements. Essential Job Functions: - Develop, implement, and maintain compensation structures, including base pay, performance-based bonuses, incentives, differentials, and other variable compensation programs that align with our goals - Conduct market research and benchmarking analyses to ensure external market competitiveness - Oversee compensation survey participation and analyze data to make informed recommendations - Support the development of compensation policies, guidelines, and procedures - Manage compensation cycles, merit increases, and pay adjustments - Ensure compliance with federal, state, and local compensation laws and regulations (e.g., FLSA, pay transparency regulations, and EEO guidelines) - Monitor legislative changes that could impact the organization’s pay practices and provide guidance on necessary adjustments - Analyze and evaluate job roles to determine appropriate pay levels using job evaluati...