Compensation Manager

Job Description

The Compensation Manager is responsible for designing, implementing, and managing competitive compensation programs while also supporting benefits strategy and administration. This role ensures alignment with organizational goals, market competitiveness, internal equity, and regulatory compliance. The ideal candidate brings strong analytical expertise, business acumen, and a collaborative approach to total rewards.

Primary Responsibilities

Compensation Strategy & Management

• Design, implement, and manage base pay, incentive, and variable compensation programs.
• Lead annual compensation processes including merit increases, bonus planning, and salary adjustments.
• Conduct market benchmarking using salary surveys and labor market data to ensure competitive positioning.
• Evaluate job roles, maintain job architecture, and ensure pay equity and internal consistency.
• Provide guidance to HR Business Partners and leaders on compensation decisions and pay practices.
• Develop and maintain compensation policies, structures, and guidelines.

Benefits Support

• Partner with benefits leadership or vendors to support design and administration of health, welfare, and retirement programs.
• Assist with annual benefits review, renewal process, and cost management strategies.
• Analyze benefits utilization, participation trends, and employee feedback to recommend improvements.
• Support employee communications related to benefits programs and enrollment.
• Ensure compliance with applicable benefits regulations (e.g., ACA, ERISA, COBRA, FMLA).

Compliance & Governance

• Ensure compensation and benefits programs comply with federal, state, and local regulations.
• Support pay equity analysis and reporting.
• Maintain documentation, audit readiness, and internal controls related to total rewards programs.
• Partner with Legal and HR leadership on regulatory updates and policy changes.

Data Analysis & Reporting

• Analyze compensation and benefits data to identify trends, risks, and opportunities.
• Create dashboards and reports for leadership to support decision-making.
• Provide insights on workforce costs, compensation effectiveness, and return on investment.

Stakeholder Collaboration

• Collaborate with HR, Finance, and business leaders to align total rewards with business strategy.
• Serve as a subject matter expert on compensation and benefits for leadership and employees.
• Support M&A, restructuring, or organizational changes with compensation and benefits expertise.

Qualifications

Required

• Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
• 5-8+ years of progressive compensation experience, with exposure to benefits programs.
• Strong analytical and problem-solving skills with advanced Excel/data analysis capabilities.
• Knowledge of compensation structures, job evaluation methodologies, and market pricing.
• Working knowledge of benefits programs and regulatory requirements.
• Excellent communication and stakeholder management skills.

Preferred

• Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), or similar certification.
• Experience with HRIS and compensation planning tools
• Experience in a multi-state or global organization.

Leadership Attributes

• Strategic & Critical Thinking: Applies deep expertise and forward-looking analysis to design compensation and total rewards strategies that align with business goals and evolving market dynamics.

• Executive Communication & Influence: Clearly articulates complex compensation concepts and influences senior leaders to make informed, equitable, and competitive pay decisions.

• Data-Driven Decision Making: Leverages advanced analytics, benchmarking, and modeling to guide compensation strategy, optimize costs, and support evidence-based recommendations.

• Attention to Detail & Accuracy: Ensures precision in compensation planning, data analysis, and program execution to maintain integrity, compliance, and employee trust.

• Strong Judgment & Confidentiality: Exercises sound judgment in handling sensitive compensation and benefits information while maintaining strict confidentiality and ethical standards.

• Collaboration & Partnership: Builds strong cross-functional relationships with HR, Finance, and

About Us

HOYA Group : Founded in 1941 in Tokyo, Japan, HOYA Corporation is a global technology and med-tech company and a leading supplier of innovative high-tech and medical products. HOYA's divisions and business units research and develop products utilized in the healthcare and information technology fields. In the healthcare field, we provide medical device products such as eyeglasses, medical endoscopes, contact and intraocular lenses, orthopedic implants, surgical/therapeutic devices and medical device reprocessing and disinfection solutions. In the information technology field, we provide products such as optical lenses, photomasks and blanks used in the manufacturing process for semiconductor and LCD/OLED devices, text-to-speech, human resources and other software solutions and critical components for the mass memory and cloud storage industries. With over 150 offices and subsidiaries worldwide, HOYA currently employs a multinational workforce of 37,000 people.


HOYA Vision Care : As a global leader in optical technology, HOYA Vision Care is dedicated to providing innovative vision care solutions for every stage of a patient's life. A steadfast partner to Eye Care Professionals around the world, it stands at the forefront of optical excellence. With a global presence, consisting of 43 laboratories and a growing team of 20,000 employees, HOYA Vision Care delivers innovative lenses and other vision care solutions to millions of people in 110 countries.


We focus on a better tomorrow, today. You can become part of our story. HOYA Vision Care is the place where you can act according to your strengths and evolve according to your aspirations. It's a place where you can shape the way you work, guided by our CLEAR Values, and empowered by generations of expertise. You can get involved in our sustainability initiatives and choose to become a One Vision ambassador. You can give back the gift of sight to people all over the world by deciding to work with us.


We welcome people who challenge us to become better, who share our sense of purpose and who embrace growth so that our vision and mission align. We invite you to find out more, and together we can continue to provide vision for a lifetime.

About the Team

Driven by a passion for partnership as well as innovation, HOYA has been a partner to Eye Care Professionals for over 75 years, enabling them to give people the greatest gift, the gift of vision. We provide Eye Care Professionals with the lenses, consultation solutions and other services that help them to develop their practice while changing the way people see the world. We see them as visionaries, and everything we do is for them. Founded in Japan in 1941, today, HOYA has a presence in over 80 countries across the globe.