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Sr. Manager Compensation, Total Rewards

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Compensation [9LE9HR24] - BETHESDA, MD

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View Job Description - Sr. Manager Compensation, Total Rewards
Description:

Purpose: The purpose of the Sr. Manager, Compensation is to manage the administration of the company’s various compensation plans and provide proactive analysis. The Sr. Manager, Compensation will demonstrate a full understanding of compensation management concepts, practices, and procedures to effectively develop compensation programs that will attract and retain employees. Essential Functions: • Performs analysis on effectiveness and competitiveness of existing compensation programs and models potential impact of alternatives. • Ensures compliance of all compensation programs with federal and state regulations; prepares data for regulatory compliance, and conducts periodic audits of salaries to identify any potential problems or non-compliance issues. • Manages, develops and updates salary ranges, job codes, grades, bonus targets, etc.; partners with HR Operations to ensure accuracy and integrity of compensation data in HRIS and identifies process improvement opportunities. • Conducts job evaluations using market data and internal evaluation, and regularly analyzes our market position on jobs. • Participates in industry and general industry compensation surveys. • Manages job descriptions for clients, including auditing jobs for content to ensure all positions are classified appropriately according to FLSA. • Manages the company’s salary structure; conducts analysis and makes recommendation for the annual Company salary range adjustment to inform performance management and merit processes • Participates in the analysis of the impact of the company’s financial performance on the expected long-term, annual, and quarterly incentive award levels, partners and coordinates with Accounting Department to ensure incentive plan accruals are appropriately posted • Provides internal consultation to Corporate and Field HR with regard to compensation administration issues and hourly compensation issues. • Explains compensation programs, the results of job evaluation, the details of incentive plans, and the organization’s compensation philosophy to managers and associates. Reporting relationship and position category information: • The Sr. Manager, Compensation position as described falls under the Fair Labor Standards act as an Exempt position, under both the Administrative Exemption and the Executive Exemption tests. • The position typically reports to the Director of HR Technology. • The breadth of influence and scope of this position is primarily for corporate and field management positions, consulting with operations HR on field operations positions.

Requirements:

Minimum Qualifications, Knowledge, Skills, and Work Environment: • Requires a Bachelor’s degree in Human Resources, Finance/Accounting, Management, or related field • Requires 5-7 years of post-degree experience within a compensation analysis function. Relevant and equivalent education can be considered • Requires strong analytical and problem solving skills • Requires ability to analyze multiple data sources, prepare and present to Senior Management • Requires strong Microsoft Office skills • Requires demonstrated attention to detail, strong time management, customer service skills, and organization skills • Requires the ability to maintain information in confidence • Requires strong oral, written, and interpersonal communication skills

Additional Info: