Compensation Manager

Company: Jericho HR Group
Location: Round Rock
Posted on: April 4, 2021

Job Description:

We are looking for a collaborative, creative, forward-thinking, and progressive Compensation Manager to join our Global Compensation team. This is a functional management position that is entrusted with overseeing consistent compensation practices. As a driver of accuracy, this role will ensure compensation procedures are documented and consistently followed. Analyze and evaluate new and existing positions when necessary Partner with Talent Acquisition to provide compensation information for all posted positions Participate in annual survey submission; Analyze and utilize survey data results. Collaborate with Finance to review and process payouts for quarterly bonus and profit sharing Reconcile month-end and quarterly stock reports Lead Merit and Annual Competitive Review, build analysis and supporting materials Develop, implement, and administer global compensation policies and programs. Prepare compensation analyses and reporting for HR, Management, and Executives. Manage and administer the global salary band structure, including updating ranges. Conduct analyses of jobs, base salaries, and incentives to evaluate internal equity, external competitiveness, and legal compliance of company pay practices. Determine appropriate market rates for jobs. Manage job matching and data submission processes for compensation surveys globally. Support the development, design, and administration processes for the sales incentive compensation programs. Understanding of sales commissions plans. Administer and support the development of non-sales incentive compensation programs, including documentation, eligibility, tracking within the HRIS system, and working with Finance for budgeting. Collaborate with Finance and administer the annual salary review program, including merit increases and promotions, as well as annual/quarterly bonuses and profit-sharing payments. Evaluate new jobs, promotions, and reclassifications and recommend compensation elements for positions, including base and incentive pay, market range, and placement within our global salary band structure. Research and monitor FLSA and EEOC compliance. Evaluate and administer overall job levels, pay grades, and company-wide market ranges. Serve as compensation consultant to department managers and HR Business Partners. Research and analyze compensation trends in the marketplace, develop recommendations based on results. Support the compensation and benefits team and the broader HR team as needed. Demonstrated skill using Radford, Mercer and other surveys Advanced proficiency with Excel, PowerPoint and Word. Experience in using HR Systems such as Ulti Pro Qualifications: Bachelor's degree in Business Administration, Human Resources or Finance CCP Certification desired but not required 5-7 years of Compensation experience required 1-3 years Supervisory experience desired Global Compensation, Sales Compensation and Stock Plan Administration experience preferred

Keywords: Jericho HR Group, Round Rock , Compensation Manager, Human Resources , Round Rock, Texas