Compensation Manager

About the Role

The Compensations Manager will lead the design, implementation, and management of compensation programs that attract, motivate, and retain top talent within the organization. This role is critical in ensuring that compensation strategies align with business objectives and comply with regulatory requirements. The manager will analyze market trends and internal data to develop competitive salary structures and incentive plans. They will collaborate closely with HR, finance, and department leaders to maintain equitable and transparent compensation practices. Ultimately, the Compensations Manager will drive compensation initiatives that support employee satisfaction and organizational growth in the Boston location.

Job Responsibilities

• Develop, implement, and maintain comprehensive compensation programs including base pay, bonuses, and incentive plans.
• Compile and analyze compensation reports to assess competitiveness and internal equity.
• Manage space allocation and resource planning related to compensation administration within the service center environment.
• Process and review sales and service center orders related to compensation adjustments and approvals.
• Collaborate with cross-functional teams to ensure compensation processes align with organizational goals and compliance standards.

Minimum Qualifications

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
• Minimum of 5 years of experience in compensation management or a related HR function.
• Proficiency in compiling detailed reports and analyzing compensation data.
• Strong knowledge of compensation laws, regulations, and best practices.
• Experience working with sales orders and service center operations in a compensation context.

Preferred Qualifications

• Certified Compensation Professional (CCP) or similar certification.
• Experience with HRIS and compensation management software.
• Familiarity with space allocation planning within corporate or service center environments.
• Advanced Excel and data visualization skills.
• Experience working in a fast-paced, matrixed organizational structure.

Skills

The required skills such as compiling reports and processing sales and service center orders are essential for accurately managing and administering compensation programs on a daily basis. Space allocation skills help in effectively organizing resources and managing physical or virtual workspaces related to compensation activities. These skills enable the manager to maintain precise records and ensure timely processing of compensation-related transactions. Preferred skills like proficiency with HRIS systems and advanced data analysis tools enhance the ability to interpret complex compensation data and generate actionable insights. Together, these skills support the creation of fair, competitive, and compliant compensation strategies that drive employee engagement and business success.