Compensation Manager - Richardson, Texas

March 13, 2018 8:07 PM | Jenni Porshakin (Administrator)

This is a confidential search for a client located in Richardson, TX

Title: Compensation Manager

Compensation Range: $90-105K plus bonus

Location: Richardson, TX

Contact Information for applicants: Justin Bloom, jbrptechnologies@gmail.com


Compensation Manager

The Compensation Manager is responsible for the analysis, program administration and implementation of compensation programs consistent with the goals and objectives of the company. Provides advanced consultative technical expertise, guidance and recommendations on base pay management and incentive programs.

Essential Duties and Responsibilities:    

 

  • Manages and creates job documentation, analyzes and conducts evaluations. Includes reviewing job information with clients and providing guidance, analyzing published survey data, identifying comparable external and internal positions, and formulating salary and grade recommendations such that they are externally competitive and internally equitable.
  • Plays a lead role in the design and administration of base pay and incentive programs, including salary increases, the Annual Bonus Plan and recognition programs. Includes conducting advanced audits, creating financial modeling, responding to inquiries, submitting requests for processing to payroll, providing guidance on payment administration, creating Excel worksheets, formulas and workflow design.
  • Manages compensation survey input and analysis. Includes collection of data, running reports, job matching, interfacing with survey vendors, communicating with internal clients company-wide and adhering to several deadlines simultaneously.
  • Develops and communicates recommendations on salary structure design and administration. Conducts ad-hoc surveys and market research to identify market trends and monitor market sensitive jobs.
  • Ensures compliance with applicable employment-related federal and state statutory requirements regarding employee pay. Stays up-to-date on current Compensation-related legislation and trends.
  • Plays a lead role in supporting compensation business processes for performance management using the systems for goal planning and performance management. Manages the life cycle of the performance management process, to include communicating timelines, coordinating training efforts and ensuring that employees and managers meet all expected deliverables.
  • Communicates and works in partnership with HR team members, sales operations and Finance on compensation initiates, projects and systems. Leads the design and updating of tools

Meeting Notes: 3 most important things this person needs to have experience with is: salary surveys, Job Description Libraries, Process monthly bonuses which are approximately 150 p/mth on 10 different bonus plans those getting the bonuses will be Ops, Corporate and Export

  • Have 7-10 yrs. experience in compensation and no less than 5 years working with salary surveys, Job Description Libraries, monthly bonuses
  • Must be able to handle changing priorities and focus
  • Need to have great communication and presentation skills
  • Experience working with hourly employees all the way up to C-level Execs
  • Needs to be very confident and work with all levels of employees
  • Extremely proficient in Excel (write formulas) and PowerPoint (build graphs)


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