Our client is seeking a Compensation & Equity Manager to join our team. This position is key to ensuring the development, implementation, and management of fair and competitive compensation programs. The Compensation & Equity Manager will be responsible for overseeing compensation functions, ensuring compliance with federal, state, and local regulations, and driving pay equity initiatives. This role will support our recruitment and retention efforts by ensuring our compensation packages remain attractive, transparent, and legally compliant.
JOB FUNCTIONS INCLUDE, BUT ARE NOT LIMITED TO :
- Lead the development, implementation and administration of all company compensation programs.
- Ensure compensation programs comply with federal, state, and local compensation laws (e.g., Equal Pay Act, Age Discrimination in Employment Act).
- Design and manage variable compensation programs, including bonuses and commissions, to align with organizational goals.
- Conduct regular pay equity audits to ensure fair compensation practices across gender, race, age, and other factors.
- Participate in salary surveys, analyze market trends, and benchmark internal compensation programs to ensure competitiveness.
- Align compensation strategies with recruitment and retention efforts to attract and retain top talent.
- Collaborate with HR and leadership teams to provide guidance on pay decisions, policy interpretations, and job evaluations.
- Oversee the bi-annual payroll process and manage the annual pay increase and bonus distribution processes.
- Provide leadership to the compensation department, including performance management, team development, and cross-training.
- Continue to enhance pay transparency both internally and externally, and promote equitable compensation practices.
- Advise senior management on compensation-related matters and present data-driven insights to inform decision-making.
EDUCATION AND QUALIFICATIONS :
Bachelor’s degree in Human Resources, Business Administration, or related field; CCP certification or HR-related certification is a plus.A minimum of 4 years of experience in compensation management, with at least 1 year in a managerial role.Expertise in compensation laws, market compensation trends, and variable pay program design.Proven experience in conducting pay equity audits and implementing compensation strategies.Strong communication and interpersonal skills, with the ability to collaborate across departments and at all levels of the organization.Experience with payroll processing, salary benchmarking, and compensation analytics.Excellent organizational and time management skills, with a high level of attention to detail.