Search Jobs

We connect great candidates with great clients.

Senior Manager, Compensation

Marc Allen Associates

Region: South

In this high-impact, succession-planned global role, you will interface with executive leaders and stakeholders, managing the design and implementation of broad-based compensation plans and programs. This includes complex executive compensation plans that include LTI, equity, and the competitive base and incentive pay for salaried and hourly employees that attract and retain global talent, drive business results, and provide rewards to over 120K eligible global employees in a Fortune 250, $17.5B company that opens 150-200 locations annually.

RESPONSIBILITIES

Leadership & Cross-functional Collaboration:

  • Partner and collaborate with business leaders and HR Business Partners on compensation philosophies, programs, policies, and practices, developing solutions for compensation-related issues.
  • Provide guidance on job evaluations and recommendations to HR Business Partners and Recruiting.
  • Coordinate with HRIS on the management of compensation tools (People Fluent, Oracle HCM system), including system enhancement identification, testing, and incentive and merit administration.
  • Develop and conduct formal and informal training and presentations as necessary.
  • Support and/or lead special projects, as needed, such as acquisition integration, organizational re-structuring, systems implementation, etc.

Executive Compensation:

  • Manage and oversee executive and non-executive incentive plans with multiple designs and payout frequencies, including sales incentive plans.
  • Develop and administer equity and other longterm incentive plans.

Base Pay, Rewards Program & Compliance:

  • Manage salary structure development and base pay programs, including the annual merit/market increase processes, recommending annual salary budgets, and providing cost analyses.
  • Manage the period review of the annual bonus plan eligibility and the year-end funding allocations, manager planning, system calculations, and timely global payouts.
  • Track and audit compensation programs, policies, and practices to ensure continued integration with business and enterprise requirements, market competitiveness, legal compliance, and cost-effectiveness.
  • Monitor internal and external rewards wage laws and practices that would impact the rewards program.
  • Ensure compliance with federal, state, provincial, and local regulations, maintaining an awareness of regulatory changes and the potential impact of those changes on current and future compensation requirements.

Analysis:

  • Conduct robust and meaningful analysis for management to use in making decisions related to compensation programs.
  • Oversee the analysis of market competitiveness, global job evaluations, and salary survey selection and participation.
  • Manage global survey participation, submission, and purchases, monitoring and evaluating benchmark data, pay structures, economic trends, and projections; recommend changes as appropriate to maintain a competitive market position and internal equity.
  • Oversee the compensation benchmarking tool to ensure accuracy, managing the vendor to ensure the tool’s functionality is up to date and supports the global compensation function and business objectives.

BACKGROUND PROFILE

  • 10+ years of relevant experience, knowledge, and understanding of the design, development, and administration of compensation programs and philosophies; retail industry experience is preferred within a large, multi-site global corporation.
  • International experience is preferred, especially in Brazil, India, China and Europe.
  • A history of developing and administering equity and other long-term incentive plans.
  • Experience within a matrix organization with a complex work environment.
  • Requires proficiency in MS Office (Word, PowerPoint, Excel) and cloud-based technologies.

    • Max. file size: 300 MB.

    We place TOP RETAIL TALENT.
    Guaranteed.