Compensation Manager

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. JOB MISSION Job can be based in Lawrence or Brighton, MA. The Regional Compensation Manager serves as an expert in compensation across the North America region and in collaboration with various functions and leaders to help define the overall compensation strategy. MAJOR ACCOUNTABILITIES Designs, recommends, and administers compensation programs that address the strategic needs of the region, delivering innovative and customized solutions that reflect the unique dynamics of the diversified workforce. Serves as the strategic advocate for the region, ensuring regional insights and priorities inform and influence COE frameworks, policies, and practices. Designs and maintains compensation structures for the region, ensuring alignment with global frameworks while addressing local market realities. Monitors and interprets market trends, evaluating external competitiveness and providing insights that guide regional compensation strategy and decision‑making. Provides expert consultation to regional stakeholders, sharing best practices and building trusted, service‑oriented partnerships with HR and business leaders. Advises HR on compensation governance, new hire offers, promotions, market analyses, pay equity considerations, and other compensation initiatives, ensuring alignment with the company’s compensation philosophy. Supports the development and delivery of compensation education and training for HR and business leaders to enhance understanding and adoption of compensation programs. Furthers work in the pay transparency space. Ensures ongoing compliance with all applicable regulatory requirements, proactively identifying risks and maintaining standards of accuracy and governance. Collaborates with regional benefits specialists to ensure a competitive total rewards strategy that aligns with company expectations. REQUIRMENTS FOR SUCCESS Bachelor’s degree with 8+ years of total rewards experience required. Strong experience with compensation programs and practices. Pursuit of Certified Compensation Professional (CCP) designation preferred. Proven analytical and problem-solving skills and high attention to detail with large data sets. Ability to draw trends from data and propose creative solutions. Proven ability to manage complex projects and influence cross-functional teams. Strong written, verbal, and graphic communication skills including the ability to effectively translate data to varying audiences. Ability to thrive in a fast‑paced, team‑oriented environment. Must be flexible in an ambiguous environment. Must handle sensitive, confidential matters and situations with maturity and discretion. Knowledge of government regulations as they apply to base and incentive pay programs. Boston, MA Headquarters – (NB) Only Pay Range: $122,100.00 – $157,500.00 – $192,900.00 Annual (actual base pay varying based upon, but not limited to, relevant experience, time in role, internal equity, geographic location, and more.) New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks – opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs – that encourage our associates to grow personally as they develop professionally. You’ll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword – it’s part of our culture. Flexible Work Schedule For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced “Work from Anywhere” (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility. Equal Opportunity Employer New Balance provides equal opportunities for all current and prospective associates to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran, or any other protected status. #J-18808-Ljbffr