What are the responsibilities and job description for the Compensation Manager - $75k - Onsite position at Vaco by Highspring?
Vaco is looking for an on-site Compensation Manager for a great company we are working with! This role will require 5 years of Compensation Analysis experience.
Job Duties:
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.
Job Duties:
- Develop and implement comprehensive compensation strategies that are aligned with the agency's business objectives.
- Ensure alignment of pay practices with agency goals and external market trends.
- Conduct market benchmarking and analysis to evaluate the competitiveness of salaries, incentives, and benefits.
- Provide guidance on job evaluations, salary ranges, and pay adjustments.
- Monitor industry trends and recommend updates to compensation policies and programs.
- Develop guidelines to work with managers to prepare job descriptions and ensure accurate coding for FLSA, salary grade, EEO, and compensation.
- Collaborate with management on diverse compensation issues including resolution of pay issues, interpretation of compensation policies, and communication of regulations.
- Bachelor's degree in Business Administration, Human Resources, Finance or a related field, required. A combination of relevant experience and education may be considered in lieu of a Bachelor's degree in Human Resources, or a related field.
- Five or more years (5 ) experience in compensation analysis, consulting, or a related HR field.
- Strong knowledge of compensation principles, market surveys, and job evaluation methodologies.
- Proficiency in data analysis and tools such as Excel, HRIS systems, and compensation platforms.
- Demonstrates the ability to manage multiple assignments/projects, timelines and to identify project interdependencies, resource needs, and potential risks/pitfalls and develop mitigation plans.
- Project management skills, demonstrated leadership skills and experience administering compensation programs and initiatives. Proven ability to work effectively independently and in a team environment.
- Strong analytical and critical thinking skills and a thorough knowledge of compensation practices and employment laws, particularly the FLSA guidelines.
- Demonstrates experience in preparing and delivering presentations that convey key concepts and outlines recommendations to foster legal and agency policy compliance; recommends appropriate training for workforce (leaders and other staff).
- Analytics, compliance reporting, data management, quality and compliance audits.
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.
Salary : $70,000 - $75,000