Manager, Compensation

Job Title: Manager, Compensation & Analytics

 

COE: Total Rewards COE

Location:  Berkeley Heights, NJ

Reports To:  Head of Compensation

Who We Are: 

For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beauty in terms of quality, efficacy, safety, sincerity and responsibility to satisfy all beauty needs and desires in their infinite diversity.  

 

What You Will Learn

We are looking for analytical Compensation Manager to provide human resources center of excellence expertise for the Total Rewards team.  This position provides the opportunity to build in-depth knowledge in HR and the beauty industry.  This qualified individual will partner with human resources and the business across L'Oréal USA to develop and lead critical compensation initiatives that align with organizational priorities.  

The compensation manager will be responsible for all compensation programs including salary merit and bonus planning, long term incentive plans. The role will conduct all data analyses related to the design. presentation and ongoing evaluation of compensation programs including base pay, long term-incentives, sales compensation and deferred compensation.

 

• Serve as trusted advisor to HR and business leaders guiding compensation strategies
• Evaluate complex compensation situations and provide recommendations that balance internal/external competitiveness with financial constraints
• Responsible for the analytics, design, execution of the company’s LTI plans:
• Administer all LTI plans including benchmarking as needed, interpret and review rules and manage all approvals
• Manage relationships with all stakeholders, including Finance HR, Payroll.
• Support payroll tax management and reporting
  
  

• Manage executive compensation, including preparing analytical summaries to senior leaders
• Support ongoing internal pay reviews and ongoing analytics
• Analyze data from market surveys and other sources to develop pay recommendations as well as executive summaries
• Conduct market analyses using multiple large surveys to create and update salary structures.
• Prepare summaries to illustrate results from merit, bonus and equity planning.
• Manage job evaluations and global grading initiatives and processes to ensure all jobs are graded and consistent across business units, functions
• Analyze data and market trends from market surveys and other sources and recommend changes and updates to pay structures
• Proactively identify gaps in processes/compensation and partner with the right stakeholders to ensure a best-in-class compensation function
• Lead the rollout of new compensation initiatives, ensuring clear communication with stakeholders
• Assist with the preparation and delivery of training sessions for HR, Business Leaders, Managers, and employees to promote understanding of all compensation plans
• Manage Market pricing tool
• Ensure data accuracy of compensation related data including maintenance of job code structure in One Profile
  

Required Qualifications

What We Are Looking For:

• Bachelor’s/master’s degree in human resources /Analytics or related field required.
• Minimum 5 years of proven Compensation experience
• Demonstrated leadership, communication (written/verbal), negotiation, and presentation skills.
• Well-developed interpersonal skills to build strong work relationships with all levels of the organization.  Strong customer service focus.  Must display executive maturity and manage emotions during periods of ambiguity, pressure, and uncertainty.
• Strong analytical and creative problem-solving skills. Ability to turn insights to action, and offer credible and clear counsel and presentations to decision makers in HR and others. A core of strong mathematical and compensation analytical skills.
• Strong organizational skills with the ability to prioritize, handle multiple tasks, and work independently in a fast paced and complex environment.  Resourcefulness is key.
• Ability to manage sensitive and confidential situations with attention to detail, tact, professionalism, and diplomacy.
• Sense of urgency and service orientation with high degree of flexibility and responsiveness.
• Working understanding of human resource principles, practices, and procedures with a strong curiosity in HR and understanding of HR disciplines such as change management, organizational design, talent management, training design, employment law, etc.
• Excellent time management skills with a proven ability to meet deadlines.
• Ability to function well in a high-paced environment.
• Strong PC skills including Microsoft Word, Excel, PowerPoint, and Outlook.  Some experience with an HRIS tool.  
• Proficient with or the ability to quickly learn the organization’s HRIS and similar employee management software.
  
  

This summary describes the general nature of work to be performed and is not an exhaustive list of all responsibilities, duties and skills required of an incumbent in this position.  

 

What’s In It For You

As an integral part of our culture at L’Oréal, wellness is at our core. We not only offer a generous Benefits Package (Medical, Dental, Vision, 401K), we also offer flexible time off, work from home days, and a pension plan! Additionally, you will have access to company perks such as Makeup, Skincare, and Fragrance! Employees receive a stipend for L'Oréal products as well as VIP Access to L’Oréal’s Internal Shop for Discounted Products, and other perks such as Monthly Mobile Allowance, discounted gym memberships, and ERGs.

• Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
• Hybrid Work Policy (3 Days in Office, 2 Days Work from Home) 
• Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)  
• Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)  
• Learning & Development Opportunities (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)  
• Employee Resource Groups (Think Tanks and Innovation Squads)  
• Access to Mental Health & Wellness Programs   
  
  

 

Don’t meet every single requirement? At L'Oréal, we are dedicated to building a diverse, inclusive, and innovative workplace. If you’re excited about this role but your past experience doesn’t align perfectly with the qualifications listed in the job description, we encourage you to apply anyway! You may just be the right candidate for this or other roles!

 

We are an Equal Opportunity Employer and take pride in a diverse environment. We would love to find out more about you as a candidate and do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.

 

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting USApplicationAccommodation@support.lorealusa.com. If you need assistance to accommodate a disability, you may request an accommodation at any time. 

 

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