What are the responsibilities and job description for the Compensation Program Manager position at Vaco by Highspring?
Position Overview:
We are seeking a highly skilled Compensation Program Manager to design, implement, and manage compensation programs that attract, retain, and motivate top talent. This role will be responsible for ensuring compensation structures align with company objectives, industry benchmarks, and regulatory requirements. The ideal candidate will have strong analytical skills, a deep understanding of compensation principles, and experience managing both base and incentive pay programs.
Key Responsibilities:
Develop, implement, and maintain competitive compensation programs, including base salary structures, incentive plans, and equity programs.
Conduct market research and benchmarking to ensure pay practices remain competitive and equitable.
Analyze compensation data to provide insights and recommendations for pay adjustments and strategy improvements.
Ensure compliance with federal, state, and local compensation laws and regulations.
Collaborate with HR, finance, and leadership teams to align compensation programs with business goals.
Manage annual salary review cycles, job evaluations, and pay equity analyses.
Develop compensation-related policies, guidelines, and training for HR teams and managers.
Oversee job grading, salary bands, and career progression frameworks.
Utilize compensation analytics tools and systems to streamline reporting and decision-making.
Partner with recruiters and hiring managers to provide guidance on job offers and compensation packages.
Qualifications:
Bachelor's degree in Human Resources, Business, Finance, or a related field.
5 years of experience in compensation, HR analytics, or related fields.
Strong understanding of compensation structures, job evaluations, and pay equity.
Proficiency in HRIS and compensation tools (e.g., Workday, PayScale, or similar).
Excellent analytical, problem-solving, and communication skills.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual's skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
