Jensen Hughes · 6 hours ago
Compensation Manager
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Mechanical Engineering
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Responsibilities
Conduct comprehensive analyses of internal and external compensation data to determine the competitiveness and equity of the organization's pay practices.
Utilize benchmarking data and market trends to make recommendations for adjustments.
Develop and maintain the organization's compensation structures, including base pay, variable pay, and incentive programs.
Ensure alignment with business goals, industry standards, and legal requirements.
Lead job evaluation and classification processes to determine appropriate job levels and salary ranges based on job responsibilities, qualifications, and market benchmarks.
Ensure consistency and fairness in job classifications and pay decisions.
Stay informed about relevant federal, state, and local laws and regulations related to compensation.
Ensure compliance with legal requirements, such as the Fair Labor Standards Act (FLSA) and Equal Pay Act.
Mitigate risks associated with compensation practices through proactive audits and reviews.
Develop communication materials and conduct training sessions for managers and employees on compensation programs, policies, and procedures.
Provide guidance and support to managers in making informed compensation decisions and addressing employee inquiries.
Collaborate with HR and management teams to integrate compensation programs with performance management processes.
Ensure that pay decisions are tied to individual and organizational performance objectives and outcomes.
Qualification
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Required
Bachelor's degree in Human Resources, Business Administration, Finance, or related field
5+ years of experience in compensation management, including knowledge of compensation principles, practices, and regulations
Experience with compensation development and management on a global basis
Strong analytical skills with the ability to interpret complex data and trends
Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
Proficiency in HRIS and compensation management software/tools
Attention to detail and ability to maintain confidentiality
Knowledge of relevant employment laws and regulations
Ability to adapt to changing priorities and work in a fast-paced environment
Ability to lead and mentor team members
Preferred
Master's degree or relevant certification (e.g., Certified Compensation Professional, CCP)
Benefits
401(k) with company match
Healthcare coverage
Broad range of other benefits
Company
Jensen Hughes
Jensen Hughes is a life safety engineering and consulting service for the government, healthcare, science and technology.
Funding
Current Stage
Late StageTotal Funding
unknown2015-12-08Acquired· undefined
Recent News
Tacoma News Tribune
2024-02-22
Company data provided by crunchbase