What are the responsibilities and job description for the Manager, Compensation & Talent Operations position at EQ Office?
About EQ Office
EQ Office (“EQ”) and ShopCore Properties (“ShopCore”), both Blackstone portfolio companies, merged into one entity (“the Company”) in September 2024 to drive scale and form a diversified, best-in-class commercial real estate platform.
EQ is Blackstone’s US office portfolio company, with expertise across acquisitions, asset management, leasing, redevelopment and property operations. EQ’s focus is to create and operate inspiring workplace destinations for organizations of all sizes by offering solutions that blend the best of work, home, and hospitality. Their diverse team of about 140 professionals currently operate a portfolio of approximately 15 million square feet of commercial office space for nearly 1,000 customers across major U.S. markets including Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Seattle.
ShopCore owns and operates open-air retail centers across the nation, with a portfolio of 9 million square feet across 15 states. It is a vertically integrated platform with internalized leasing, development, property management, legal, accounting and asset management functions.
The combined Company fosters a collaborative culture built on the principle of OneTeam. This means individuals work together across teams, functions and time zones to achieve shared goals. OneTeam is the desire to be part of something bigger than yourself – and striving to find a greater purpose. The Company creates a more innovative and fulfilling environment by sharing best practices, with a focus on having a positive impact on employees, customers and communities. OneTeam principles include:
- Kindness, Respect and Trust
- Merit
- Accountability
- Integrity
- Essential Transparency
- Never be Complacent
- Work Hard and Have Fun
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Role Summary:
The Manager, Compensation & Talent Operations is responsible for the design, implementation, and management of the organization’s compensation programs and all Workday related, talent operations functions (onboarding, pay changes, promotions, etc.). This role reports to the SVP, Head of People & Culture and is based in the office, 5 days a week.
Key Responsibilities:
Compensation:
- Conduct benchmarking and competitive analysis to ensure the EQ's compensation philosophy is competitive and make recommendations and changes accordingly.
- Spearhead annual compensation cycle, guiding EQ through the process from start to finish.
- Evaluate different salary surveys to ensure the data that EQ is using to benchmark is most applicable to the needs of the organization.
- Design and manage current LTI program and its ongoing evolution to remain competitive.
- Assist with designing alternative employee incentives and support the operation and execution of the programs.
- Develop and implement communication strategies to effectively convey compensation programs / updates to employees.
- Play key role in annual budget cycle to ensure compensation ranges used are market competitive.
Talent Operations:
- Ensuring Workday related workflow meets the needs of EQ’s business and partners with HRBPs to provide guidance to managers and employees on the self-service nature of the platform.
- Leads all people related reporting efforts and analyzes trends and metrics (e.g., recruiting, headcount, and attrition).
- Super-user and lead for Workday migration and day-to-day administration, ensuring accurate data collection, relevant systems integrations and platform enhancements.
- Partners closely with HRBPs and Finance teams on maintaining budget files for headcount planning, analysis and reporting.
- Play a key role managing P&C related projects (e.g., compensation, systems or organizational shifts).
- Collaborate with EQ Tech team on troubleshooting and data integrations.
- Point of contact for compliance and HR audit data production and processes.
- Prepare and present reports on People metrics to senior leadership.
Qualifications:
- Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
- Master’s degree or professional certifications a plus.
- Minimum of 6 years of experience in Human Resources, Compensation or related field.
- In-depth knowledge of compensation practices and rewards strategies.
- Strategic thinker with a strong business acumen; strong analytical and problem-solving skills, including the ability to use data and analytics in problem-solving.
- Excellent communication and interpersonal skills, with the ability to build relationships, influence and negotiate.
- Significant experience with Workday, compensation management systems and strong proficiency in all MS Office products, including advanced Excel and PowerPoint.
- Strong project management skills and change management skills with the ability to drive organization, process and technology change.
- Ability to work collaboratively with senior leadership and cross-functional teams.
- Detail-oriented with strong organizational skills.
Salary range (for posting): $130,000-150,000
New York, New York or Santa Monica, California
Salary : $130,000 - $150,000