Compensation Manager jobs in Cleveland, OH
Compensation Manager leads the development, implementation, and administration of compensation programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Manager ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. Directs data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Manager requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compensation Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Compensation Manager jobs
Compensation Analyst
- Redwood Living Inc
-
Independence, OH
FULL_TIME
-
Job Title: Compensation AnalystDepartment: Human ResourcesReports to: Director of Compensation, Benefits, and HRIS
At Redwood Living Inc. (“Redwood”), we know we are only as successful as the people who power us. Our employees are passionate, they are talented, they are empowered to make decisions that positively affect the lives of our residents. From site personnel to corporate leadership, our employees demonstrate Redwood's commitment to deliver more than expected, communicate openly and honestly, and demonstrate integrity in all aspects of our business. As we continue to grow, we seek these same qualities in every team member we bring on board.
Position OverviewUnder the general direction of the Director of Compensation, Benefits, and HRIS, the Compensation Analyst will be responsible for administering the foundational components of compensation and assist in the strategic design and analysis to support a proactive compensation philosophy at Redwood. Furthermore, this role will be responsible for researching job requirements and evaluating job positions to ensure the company is competitive in the areas of salaries and employee benefits. As such, this role will be expected to act as a Redwood brand ambassador, promote the Redwood brand and provide the best employee and resident experience possible.
All Redwood employees are expected to conduct all organizational business and practices in accordance to Redwood company policies.
Essential Duties & Responsibilities- Serve as compensation subject matter expert and liaison to all levels of leadership within the organization.
- Set internal compensation practices and company pay guidelines, specifically, the evaluation of internal company pay bands, grades, and levels. Ensure cost of living adjustments and inflation are represented and evaluated as external factors influence.
- Utilize benchmarking and prevalence reports to evaluate external competitiveness and fair pay practices.
- General compensation practices that fall under the scope of duties include long term incentives (LTI) compensation planning, short term incentives (STI) compensation planning, ownership equity, compensation plan design, compensation theory, and pay benchmarking.
- Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.
- Apply market-based data to annual internal review of Redwood existing jobs to assess outliers, wage compression, rightsizing, pay adjustments, or the alike.
- Evaluates and implements job analysis tools, instruments, and materials.
- Research employee benefits in similar industries; based on findings, recommends changes or updates to the company’s existing benefits or compensation policies.
- Plans and communicates preferred methods and best practices for hiring, training, compensating, and evaluating employees.
- Works with Director on annual total rewards pay statement in HRIS system.
- Active member of the compensation committee. This includes working directly with Redwood’s external compensation consultant to consult and align on all responsibilities rolling up through the compensation HR function.
- Align with Business Intelligence team on internal HR dashboards specifically related to compensation and benefits KPIs.
- Evaluates job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by employees.
- Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.
- Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
- Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
- Prepares and maintains job classifications and salary scales; review updates in HRIS.
- Prepares and presents summary reports of job analysis and compensation analysis information.
- Advises management on applicable state and federal employment regulations, benefits and compensation policies, and human resource procedures.
- Support director in activities related to administration of annual merit increase and annual bonus processes. This includes direct partnership with department heads and leadership team to set, recommend, calibrate, and approve annual merit increases/bonuses per year end timeline.
- Work with Director to establish and incorporate the existing internal company annual performance review (APR) process and programming into a Pay for Performance (PFP) compensation design model.
- Create Redwood Compensation Guidelines policy manual and supervisor guide under guidance of the Director.
- Performs other related duties as assigned.
Required SkillsAs a Compensation Analyst, you will be required to exhibit the following skills:- Extensive knowledge of quantitative and qualitative research methods.
- Extensive knowledge of human resource laws, regulations, and best practices.
- Strong time management skills and general business acumen.
- The ability to communicate and interact with employees at all organizational levels.
- Proven ability to plan, organize and implement multiple tasks/projects on a concurrent, real-time basis.
- High attention to detail and organization skills required.
- Ability to maintain confidentiality to ensure integrity in pay practices.
- Maintain a teamwork mentality in order to achieve departmental goals.
Required Qualifications, Education & Certifications- Bachelor’s degree in Human Resources or related field required.
- SHRM-CP or SHRM-SCP preferred.
- Three to five years of experience as a compensation analyst required.
- General computer proficiency and experience in Microsoft Office Suite, especially Excel, or similar software.
Working ConditionsThis job operates in a professional office environment. In this role, the employee will routinely use standard office equipment such as computers, desk phones, iPhone, photocopiers, etc. The employee is frequently required to sit, stand, bend and walk with the ability to lift 20 pounds where applicable.
The above statements are intended to describe the general nature and level of work being performed by individuals assigned this job title. They are not intended to be construed as an exhaustive list of all required responsibilities, duties and skills, and such responsibilities, duties and skills may be changed by Redwood at any time. - 18 Days Ago
Aesthetic Injector - Nurse Practitioner - Operations Manager
- Nurse Practitioner - Operations Manager - NUIQ Wellness Lounge
-
Cleveland, OH
FULL_TIME
- NUIQ Wellness Lounge, a premier wellness destination located in the heart of Cleveland, is seeking a skilled and experienced Nurse Practitioner with a passion for aesthetics and strong operational acu...
- 2 Days Ago
Senior Compensation Analyst
- Fortune Brands
-
North Olmsted, OH
FULL_TIME
- Job DescriptionPOSITION SUMMARY: As a Senior Compensation Analyst, you will be responsible for supporting the compensation needs of Fortune Brands Innovations through both analytical and consultant se...
- 7 Days Ago
Workers' Compensation Defense Paralegal
- Perez & Morris LLC
-
Cleveland, OH
FULL_TIME
- Perez Morris is a women-owned business defense law firm headquartered in Columbus, Ohio, with offices in Cleveland, Ohio, New York, New Jersey, Pennsylvania, Connecticut, and Massachusetts. Our attorn...
- 1 Month Ago
Attorney, Employment Law and Workers' Compensation
- Gertsburg Licata Co., LPA
-
Cleveland, OH
FULL_TIME
- Gertsburg Licata Co., LPA, is seeking an experienced, Senior Attorney with a proven track record in Employment Law/Workman's Compensation to join our firm in Cleveland, Ohio! OUR MISSION IS TO CREATE ...
- 20 Days Ago
Anesthesiologist Assistant - Newly Adjusted Compensation!
- Cleveland Clinic
-
Mayfield, OH
FULL_TIME
- Please note there may not be opportunities available at this time, however Cleveland Clinic is a dynamic organization and there is always potential for additional openings. If you are interested in le...
- 13 Days Ago
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0 Compensation Manager jobs found in Cleveland, OH area
Environmental, Health & Safety Manager
- ASR Group International, Inc.
-
Cleveland, OH
- Location: Cleveland, OH, US * Implements, manages, and monitors all environmental, health, safety, and programs at multi...
- 4/26/2024 12:00:00 AM
Fractional HR Director - Remote
- Ministry Hr Group
-
Cleveland, OH
- Fractional HR Director Remote Ministry Organizations OVERVIEW Ministry HR Group is a Texas-based HR Consulting firm focu...
- 4/26/2024 12:00:00 AM
Payroll Manager - Remote
- Engine Room
-
Cleveland, OH
- Killer opportunity for first-class payroll talent Who we are: Engine Room serves as the finance and accounting nerve cen...
- 4/26/2024 12:00:00 AM
Labor & Employment Associate
- Frantz Ward Llp
-
Cleveland, OH
- Frantz Ward is seeking an engaged, dynamic associate to join its growing, nationally-recognized Labor and Employment Pra...
- 4/26/2024 12:00:00 AM
Healthcare Recruiter - Hybrid/Remote
- Annashae Consulting & Staffing
-
Cleveland, OH
- Job Description Job Description Annashae Consulting & Staffing actively recruits physicians for assigned job orders nati...
- 4/26/2024 12:00:00 AM
Business Transformation Senior Consultant (Payroll/Compensation & Benefits)
- Capgemini Holding Inc
-
Cleveland, OH
- At Capgemini, we're proud to be a global leader in working with companies to transform and manage their business by harn...
- 4/25/2024 12:00:00 AM
Senior Manager - Compensation and Benefits
- Austin Powder
-
Cleveland, OH
- COMPENSATIONCreate and maintain appropriate salary ranges for all US & Canada positions; ensure set-up and maintain sala...
- 4/24/2024 12:00:00 AM
Human Resources Director
- Eaton
-
Beachwood, OH
- Eaton Corporation is currently seeking a Human Resources Director to join our team. This position is a hybrid work model...
- 4/24/2024 12:00:00 AM
About Cleveland, Ohio
Cleveland (/ˈkliːvlənd/ KLEEV-lənd) is a major city in the U.S. state of Ohio, and the county seat of Cuyahoga County. The city proper has a population of 385,525, making it the 51st-largest city in the United States, and the second-largest city in Ohio. Greater Cleveland is ranked as the 32nd-largest metropolitan area in the U.S., with 2,055,612 people in 2016. The city anchors the Cleveland–Akron–Canton Combined Statistical Area, which had a population of 3,515,646 in 2010 and is ranked 15th in the United States.
The city is located on the southern shore of Lake Erie, approximately 60 miles ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compensation Manager jobs
$130,422 to $173,577
Cleveland, Ohio area prices
were up 1.6% from a year ago
were up 1.6% from a year ago
What does a Compensation Manager do?
Compensation Manager in Saint Cloud, MN
In order to successfully perform as a Compensation Manager, you must be up-to-date with current federal and state compensation policies, regulations and prevailing wage rates.
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Compensation Manager in High Point, NC
When an employee is hired or terminated, the compensation manager is customarily part of the procedure.
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