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Compensation Strategist
2 months ago
The Manager of Global Compensation is responsible for the strategic planning, design, and implementation of a comprehensive compensation strategy. This role will develop, manage, and implement various compensation programs and activities, including base pay, incentive pay, and equity-related programs.
Key Responsibilities:- Develop and administer a base pay structure that leverages market data and ensures Emburse is positioned competitively from a base salary perspective.
- Lead the development, implementation, management, and administration of compensation programs, policies, and procedures, ensuring they are current, competitive, and in compliance with legal requirements.
- Develop and manage variable pay programs designed to drive performance and align compensation with company philosophy.
- Analyze internal and external salary statistics, including survey results, to provide recommendations and strategies for changes to salary grades and job classifications.
- Stay current with market trends and ensure compliance with local, state, and federal regulations as it relates to compensation.
- Work collaboratively with administrative functions to build support for compensation processes within the framework.
- Conduct pay equity analyses annually and present findings to executive leadership.
- Leverage market data and portfolio company intelligence to recommend annual merit budgets.
- Complete audits to check the integrity of compensation data.
- Develop and maintain relationships with compensation vendors, consultants, and third-party administrators to ensure they comply with contract terms and conditions.
- Ensure data in all HRIS systems is accurate, including base salary, bonus targets, and equity.
- Bachelor's Degree in Human Resources, Finance, Business Administration, or related field – or similar level of experience required.
- Experience with pre-IPO equity, mergers, and acquisitions (M & A), sales rewarding, and/or executive compensation is highly preferred.
- Demonstrated knowledge in planning, developing, and maintaining salary ranges, incentive plans, and performance management trends.
- Advanced computer skills, including mastery of Excel and PowerPoint is essential.
- Strong analytical and creative problem-solving skills, including statistical analysis and modeling.
- Ability to work collaboratively and to influence and develop strong cross-functional working relationships.
- Clear communication skills, including an ability for breaking down complex technical concepts and knowledge-sharing.