Manager, Compensation

Manager of Compensation

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences. With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own.

By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail.

Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets.

You Will Be :

Reporting to the AVP of Global Compensation, the Manager of Compensation is responsible for improving and leading company-wide compensation processes that reflect compensation standard practices and methodologies. The Manager of Compensation will lead the administration of the Company's global Short-Term Incentive (STI) and Long-Term Incentive (LTI) programs, ensuring alignment with business goals and compliance requirements.

This role will also be responsible for leading a team of Compensation Analysts, providing coaching, development, and oversight of day-to-day work. As a leader on the Global Compensation team, the Manager of Compensation will collaborate with other global compensation leaders to drive consistency, harmonization, and best practices across regions. This individual is expected to bring a strategic mindset, balancing day-to-day execution with forward-looking initiatives that enhance competitiveness, fairness, and business impact. The Manager partners closely with People Business Partners, People Technology, People Operations, Legal, Payroll, and Finance to deliver streamlined and effective compensation solutions.

What You Will Do :

• Lead a team of Compensation Analysts, including performance management, coaching, and development.
• Serve as a leader on the global compensation team, collaborating with peers across regions to ensure alignment, consistency, and sharing of best practices.
• Lead the administration of the Company's global Short-Term Incentive (STI) and Long-Term Incentive (LTI) plans, ensuring accurate setup, reporting, governance, and communication.
• Operate with a strategic mindset, balancing operational excellence with forward-looking compensation initiatives that align to the Company's evolving business strategy.
• Manage company-wide job evaluation processes, ensuring jobs are documented, benchmarked, leveled, and FLSA compliant.
• Oversee compliance reviews to ensure alignment with minimum wage and minimum salary requirements.
• Manage configuration and execution of compensation processes in Workday, including approvals, audits, and system updates.
• Ensure all pay ranges, grade profiles, benchmarks, STI and LTI programs remain current within Workday.
• Advise Leaders and People Business Partners on effective pay decisions that support engagement and align to policy and budget.
• Evolve and improve compensation guidelines for consistency, fairness, and competitiveness.
• Lead Saks Global participation in compensation surveys and analyze market data.
• Partner cross-functionally to support compensation reporting, validation, and governance for incentive plans.
• Conduct ad-hoc analyses on market competitiveness, pay equity, and compensation trends.

What You Will Bring :

Your Life and Career at Saks Global :

Benefits :

We offer the following benefits for this position, subject to applicable eligibility requirements : medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).

Thank you for your interest with Saks. We look forward to reviewing your application.

Saks provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Saks complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Saks welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.