Retail Compensation Manager @ Valvoline Inc. | Jobright.ai
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Retail Compensation Manager jobs in Lexington, KY
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Valvoline Inc. · 7 hours ago

Retail Compensation Manager

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Responsibilities

Managing and overseeing Quick Lube salaried and hourly incentive plans, including field operations incentive plans. Reviews and approves incentive accrual estimates for monthly and fiscal quarter financial statements. Manages annual/quarterly incentive plan approvals and payments.
Partnering and collaborating with business leaders and HR Business Partners on compensation philosophies, programs, policies, and practices. Develops solutions for compensation-related issues.
Managing salary structure development for all U.S. and international retail locations and base pay programs, including the annual merit/market increase processes; recommends annual salary budgets and provides cost analyses.
Overseeing the analysis of market competitiveness, global job evaluations, and salary survey selection and participation.
Coordinating with HR Operations in the management of the SAP Enterprise Compensation Management (ECM) system, including identification of system enhancements, testing, and incentive and pay administration.
Ensuring compliance with federal, state, provincial, and local regulations. Maintain an awareness of regulatory changes and the potential impact of those changes on current and future compensation requirements.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Compensation designCompensation administrationMicrosoft ExcelSAP HRJob evaluationMarket pricingCertified Compensation ProfessionalHR processesProject managementCollaboration skills

Required

Bachelor's degree in human resources, business, finance, or a related field
Minimum of eight years' compensation design and administration experience within a large, multi-site retail corporation (Diversified Industrial and Retail)
Business and sales incentive compensation design and administration
Base pay program (salaried and hourly) design and administration, including salary structures
Job evaluation (point factor/Hay) and market pricing
Basic understanding of domestic and international HR processes, labor law, and regulatory requirements
Ability to manage multiple priorities effectively and manage confidential information
Expert/advanced knowledge of Microsoft Excel and HR/Compensation systems
Strong market research, analytical and problem-solving skills
Strong process and project management skills
Excellent interpersonal, collaboration, and communication skills required to work with different levels of business leadership and functional teams
Must be authorized to work in the U.S.

Preferred

MBA
Certified Compensation Professional (CCP) designation from Worldatwork
SAP HR

Benefits

Health insurance plans (medical, dental, vision)
HSA and flexible spending accounts
401(k)
Incentive opportunity
Life insurance
Short and long-term disability insurance
Paid vacation and holidays
Employee Assistance Program
Valvoline Instant Oil Change discounts
Tuition reimbursement
Adoption assistance

Company

Valvoline Inc.

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Valvoline Inc., the quick, easy, trusted name in preventive vehicle maintenance, leads the industry with automotive service innovations that simplify consumers lives and take the worry out of vehicle care.

Funding

Current Stage
Public Company
Total Funding
unknown
2016-09-23IPO

Leadership Team

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Lori Flees
Chief Executive Officer
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Ipshita Chowdhury
Chief Marketing Officer
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Company data provided by crunchbase
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