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)
(This role will be Remote)
Foot Locker, Inc., the world's leading retailer of athletically inspired shoes and apparel, is seeking a Compensation Manager. The Compensation Manager leads the development, implementation and evaluation of compensation programs for Foot Locker’s team members globally. The Compensation Manager is responsible for the planning and management of global non-store compensation processes such as annual compensation planning and bonus. In addition, the Compensation Manager leads efforts to maintain our global salary structures and compensation programs competitive and attractive.
The mission of the Global Total Rewards team is to design and deliver market-competitive total rewards programs that support Foot Locker’s Talent Strategy. The Team is responsible for the design, implementation and execution of Foot Locker’s global compensation and benefits programs as well as the HRIS platforms used within the organization.
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The annual base salary range is $90000 - $116000 / year. This range represents the anticipated low and high end of the salary for this position. This role is also eligible to receive short term incentives that align with individual and company performance. Salary will be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity, and alignment with market data. Salary is one component of the Foot Locker, Inc. total compensation package, which includes the below:
Foot Locker Benefits:
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