Compensation Manager jobs in Minneapolis, MN

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)

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Compensation Manager
  • Room & Board
  • Golden Valley, MN OTHER
  • Overview

    Are you a seasoned Compensation Manager with a passion for blending influential and strategic thinking with hands-on data analysis to drive effective compensation programs, best practices and policies? Room & Board is seeking a Compensation Manager to join our HR Team. Come, discover a career designed to be different! 

     

    As a Compensation Manager, you will bring a level of confidence, best practices, and consistency to our compensation practices while honoring our philosophical foundations. In this role, you will report to our Director of Total Rewards & Wellbeing, and work alongside our HR Partners and senior leadership team to establish equitable compensation practices that support our ability to recruit, engage and retain our staff members. You’ll be part of a talented 15±-person HR team with professionals each dedicated to building challenging, rewarding, and positive career experiences.  

     

    We are actively seeking candidates with either extensive experience as Compensation Managers or professionals with a strong background in compensation within broader HR roles. 

     

    Location: 4600 Olson Memorial Highway Golden Valley, MN 55422

    Please note: This role is hybrid. Not considering remote.

     

    You will share your talents as a Compensation Manager in the following ways:

    • Lead the development and implementation of comprehensive compensation strategies that align with Room & Board’s values and ensure our leaders are prepared with the knowledge and tools to execute those strategies.
    • Conduct thorough analysis of market trends, industry benchmarks, and internal data to assess the competitiveness and effectiveness of existing compensation programs including geo wage differentials, pay ranges, annual wage adjustments, equity audit, pay transparency, etc.
    • Drive the annual compensation planning process and mid-year review process to include merit increase, bonus, and internal equity recommendations, through thoughtful analysis and consultation with key business partners.
    • Facilitate ongoing Compensation Committee meetings and ensure consistent decisions are being made.
    • Partner with HR Business Partners and finance teams to ensure alignment between compensation initiatives, broader talent management and financial objectives.
    • Partner with HRBPs and leaders to ensure all jobs have clear role definitions to effectively benchmark salaries against industry standards and ensure internal equity.
    • Manage the annual Profit-Sharing program, including the calculation and communication around the program.
    • Manage compensation configuration within our HRIS system, UKG.
    • Lead other compensation-related projects and initiatives.

    You will bring the following experiences & qualifications as a Compensation Manager:

    • 7-10 years of compensation/HR/benefits experience, ideally in a retail, multistate environment
    • Proficiency in an HRIS system is essential.
    • Deep Understanding of Compensation Principles: You are confident in your understanding of compensation principles, including market trends, internal equity, pay-for-performance strategies, and legal compliance.
    • Strategic Thinking: You easily connect compensation practices with Room & Board’s overall strategies and bring a strategic mindset that aligns efforts toward strategic objectives.
    • Exceptional Communication Skills: You are skilled at conveying compensation concepts with clarity, facilitating productive discussions, and fostering understanding among various partners throughout the business.
    • Strong Analytical Skills: Your strategic mindset complimented by your love for the data and analytics side of the role brings balance to both the art and science of compensation.
    • Relationship Builder. You are authentic and work to cultivate genuine and credible professional relationships.
    • Continuous Learner: You stay updated on industry best practices, regulatory changes, and emerging trends in compensation to continuously optimize our compensation strategies, ensuring they remain competitive, compliant, and aligned with our goals and values.

    What you’ll find working here as a Compensation Manager:

    • Salary: $115,000.00 - $150,000.00 / yr.
    • Benefits that focus on holistic well-being. The whole person matters, not just the one who shows up for work. That’s why we invest in holistic well-being that supports and encourages you to live a full life. Besides a competitive paycheck, we offer several awesome perks to help you thrive in every aspect of life. Picture this: three weeks of paid vacation, a generous 401(k) match, profit-sharing, and a whole bunch of cool extras. We're talking about benefits that cover you from head to toe – physically, emotionally, and financially. To view all benefits offered by Room & Board, please visit:  https://www.roomandboard.com/careers/benefits-wellbeing.ftl
    • Meaningful work. We create a meaningful work experience by empowering everyone to contribute, taking pride in everything we do, and making the world sustainable, inclusive and beautiful. To learn more about our company and culture, please visit: https://www.roomandboard.com/careers/get-to-know-us
    • A culture of respect. We sustain a culture of respect by relying on our shared values, building supportive and kind teams, and ensuring all voices are heard and celebrated. To learn more, please visit https://www.roomandboard.com/careers/get-to-know-us/culture-of-respect

     

    Application Deadline: The position will remain open until filled; there is no specified deadline.

     

    Room & Board is a place where people can flourish because they can be themselves. We celebrate our differences, including our beliefs and cultural traditions as well as all of the life experiences that define us. We build common ground through understanding and shared experiences. We're better together!

    Salary

  • 22 Days Ago

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Premium Auditor
  • Workers' Compensation Reinsurance Association
  • Saint Paul, MN FULL_TIME
  • Position: Premium Auditor Location: St. Paul, MN; Hybrid Role – Minimum 2 days in-office required (Wednesday mandatory), candidate must be within driving range to the St. Paul office. If you are tired...
  • 16 Days Ago

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Manager of Compensation and Human Resources Analytics
  • Franklin Energy
  • Minneapolis, MN FULL_TIME
  • COMPANY SUMMARY As a combined organization, Franklin Energy and AM Conservation Group is undertaking what is perhaps the central challenge of our times – to help drive the transition to net-zero carbo...
  • 9 Days Ago

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Garage Clothing - Store Manager
  • Garage Clothing - Store Manager
  • Bloomington, MN FULL_TIME
  • Seize the opportunity to join a global fashion retailer with two brands at the heart of its success, Garage and Dynamite, selected as one of Montreal's Top Employers 2020 and as one of Canada’s Top em...
  • 9 Days Ago

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Project Manager with specialized skills in Job Classification and Compensation
  • Expleo
  • Minneapolis, MN OTHER
  • Overview Trissential is a trusted partner for end-to-end quality services and management consulting for digital transformation. As a part of our parent company, Expleo, we are a global organization pa...
  • 1 Month Ago

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Field Reimbursement Manager, Oncology - Minneapolis, MN
  • 10000202 - Account Manager
  • Minneapolis, MN FULL_TIME
  • Field Reimbursement Manager, Oncology - Minneapolis, MNJoin our industry-leading BioPharmaceuticals team at AstraZeneca, where you can make an impact on patients with our leading pipeline! This field-...
  • 4 Days Ago

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0 Compensation Manager jobs found in Minneapolis, MN area

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Compensation Manager
  • SkyWater Technology Foundry
  • Bloomington, MN
  • Come join our company who is a leader in the Semiconductor industry! Summary: Oversees the design and administration of ...
  • 3/28/2024 12:00:00 AM

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Senior HRIS Analyst
  • Ampact
  • Minneapolis, MN
  • Overview: THIS IS A REMOTE POSITION BUT CANDIDATE MUST LIVE IN ONE OF THE FOLLOWING STATES: FL, CA, VA, WI, IL, ID, NY, ...
  • 3/28/2024 12:00:00 AM

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Director, Compensation Strategies
  • KPMG
  • Minneapolis, MN
  • Known for being a great place to work and build a career, KPMG provides audit, tax and advisory services for organizatio...
  • 3/28/2024 12:00:00 AM

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HR Generalist
  • Concept Machine
  • Minneapolis, MN
  • Job Description Job Description Come join Concept, a multi-state capital goods sales and service (distribution) business...
  • 3/27/2024 12:00:00 AM

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Electrical Assistant Manager
  • PrideStaff - Brooklyn Park, MN
  • Minneapolis, MN
  • Job Description Job Description Electrical Assistant Manager Company Benefits: Family owned, 2nd generation Owners know ...
  • 3/27/2024 12:00:00 AM

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Human Resources Business Partner
  • The Rosen Group
  • Minneapolis, MN
  • We are working with a large global manufacturing client who is seeking a talented HRBP Manager who will be responsible f...
  • 3/25/2024 12:00:00 AM

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Sales Director - GPOs & Food Service - Remote
  • Careerbuilder
  • Saint Paul, MN
  • Sales Director Restaurant Technologies is currently seeking a Sales Director to lead and develop a top-performing sales ...
  • 3/25/2024 12:00:00 AM

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Financial Services Project Manager
  • Project Consulting Group (PCG)
  • Minneapolis, MN
  • Job Description Job Description PCG is searching for an experienced Financial Services Project Manager to manage and coo...
  • 3/24/2024 12:00:00 AM

Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in the United States. As of 2017, Minneapolis is the largest city in the state of Minnesota and 45th-largest in the United States, with an estimated population of 422,331. The Twin Cities metropolitan area consists of Minneapolis, its neighbor Saint Paul, and suburbs which altogether contain about 3.6 million people, and is the third-largest economic center in the Midwest. Minneapolis lies on both banks of the Mississippi River, just north of the riv...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compensation Manager jobs
$141,335 to $188,544
Minneapolis, Minnesota area prices
were up 1.4% from a year ago

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