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)
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:
You will bring the following experiences & qualifications as a Compensation Manager:
What you’ll find working here as a Compensation Manager:
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!
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