Compensation Manager

POSITION PURPOSE

The compensation manager is responsible for managing the compensation function at YPO.  Plans, develops, and implements new and revised compensation programs, policies, and procedures to align with YPO’s organizational goals and competitive practices.  Conducts job analysis, evaluation, benchmarking, and maintains salary structures for 28 countries globally.  This position is also responsible for ensuring that the organization’s compensation programs are consistently administered in compliance with internal policies and government regulations. 

PRIMARY RESPONSIBILITIES

General

• Manages the development, implementation, and administration of compensation programs.

• Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and organizational objectives.

• Provides advice on pay decisions, policy interpretations, and job evaluations.

• Designs creative solutions to specific compensation-related programs and incentive plans.

• Develops techniques for compiling, preparing, and presenting data.

• Oversees the participation in salary surveys and monitors salary survey data to ensure organizational compensation objectives are achieved.

• Conducts data and cost analyses to be used in management reporting and proposals.

• Advises management on applicable state and federal employment regulations, and compensation policies.

Job Analysis, Evaluations, Benchmarking, and Salary Structures

• Conducts job evaluations to determine appropriate benchmarking and leveling for new and existing roles.

• Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.

• Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.

• Prepares and maintains job classifications and salary scales.

• Prepares and presents summary reports of job analysis and compensation analysis information.

• Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.

• Evaluates and implements job analysis instruments and materials.

• May be involved in preparing and maintaining job descriptions for each position in the organization; ensuring descriptions accurately reflect the work being performed by incumbents.

• May interview and survey associates and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job.

• Performs other related duties as assigned.

SKILLS

• Ability to work collaboratively in a multi-cultural organization with international members, helping them achieve excellence in voluntary roles for YPO initiatives.  

• Excellent interpersonal skills, including strong diplomacy skills with the ability to build meaningful relationships with all levels of associates, members and vendors. Adaptable, insightful, empathetic, and reliable. 

• Able to maintain discretion and integrity of confidential information. 

• Resourceful and able to work independently with initiative and good judgement. Effective time management, organization, and prioritization skills with the ability to focus on varied projects. 

• Possesses a distinct global mindset, sensitive to local and international customs and protocols. 

• Able to identify problems, research alternatives, provide solutions and / or resolve issues in a timely manner. Anticipates internal client needs and delivers with clarity. 

• Analytical thinker with ability to influence and guide processes with appropriate approach and execution. Natural curiosity and desire to learn more; proficiency and interest in applying new technologies and tools. 

• Excellent verbal and written communication skills, including proof reading, with a meticulous attention to detail. Adjusts communication style appropriately to the audience.  

• Professional presence, appearance, and stature to interact easily with YPO members, C-level executives and peers at all levels within the organization.  

EXPERIENCE/BACKGROUND

• 3+ years of progressive experience in HR required; global exposure highly preferred.

• 3+ years in compensation management required, global exposure highly preferred.

• Extensive knowledge of quantitative and qualitative research methods required.

• Extensive knowledge of general human resource laws, regulations, and best practices required.

• Knowledge of all federal, state, and local regulations and compliance requirements related to employee compensation

• Proficiency in intermediate-advanced Excel functionality such as vlookups, pivot tables, conditional formatting, charts and graphs, and regression analysis.

EDUCATION/TRAINING/CERTIFICATION

• Bachelor’s degree in HR, business management, or business administration, or equivalent experience required.

• Preferred certification(s): Certified Compensation Professional (CCP); Global Remuneration Professional (GRP); Professional in Human Resources (aPHR/PHR).

PHYSICAL REQUIREMENTS

• Ability to work flexible and/or extended hours as needed to accommodate members and team members in multiple time zones.

• Willingness and ability to travel, domestically and internationally, without restrictions, approximately 5% per year.

EOE

YPO is an Equal Opportunity Employer. YPO takes pride in supporting a diverse workforce and demonstrates this through its policies and practices. YPO does not discriminate in recruiting, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.