Compensation Manager

Compensation ManagerGrant Thornton is seeking a Compensation Manager to join the team. Approved office locations can be found below.As an integral member of our People & Culture (P&C) team, the Compensation Manager will have a hands-on role responsible for the design, development, management, and administration of employee compensation programs and processes. Partnering with cross-functional stakeholders in the P&C community and across the business, the Compensation Manager will support the evolution and administration of the Firm's compensation strategy to support business objectives and firm strategy.Your day-to-day may include:Design, implementation and administration of compensation programs, processes and analysis including day-to-day managementLead compensation benchmarking process including survey participation, market analysis, salary range and structure development and pay position reviewAdminister key annual processes which include salary administration, budget modeling, market competitiveness review, development of compensation guidelines and education/training materials, system setup and user support, synthesis of planning results for senior leadershipAct as a subject matter expert and provide strategic consult to HRBP's and business leaders on all thing's compensationConsult with internal business leaders to understand roles/skillsets, emerging markets, business challenges and resulting compensation and incentive plan needs. Translate that business perspective to provide input on design of compensation and reward programs, policies, practices/procedures, systems, reporting and communications.Provide quantitative and qualitative analysis to synthesize and interpret large sets of data. Leverage results to provide data drive insights and strategic recommendations to inform decision-making.Identify external marketplace trends and provide expertise in competitive practices to strengthen compensation programs in alignment with the Firm's value propositionPartner with Talent Acquisition to provide guidance on offers (experienced hire and campus)Communicate compensation strategies and recommendations to key stakeholders, including senior leadershipOversee and update all compensation related communications and materialsIdentify and perform root cause analysis to ensure accuracy of data feeds, system programing and reporting as neededMonitor federal, state, and local compensation laws and regulations to ensure compliance. Leverage in-depth knowledge of compensation regulations to conduct initial review for compliance related to pay equity, pay transparency, minimum wage and overtime salary threshold regulations.Lead all aspects of assigned projects, including developing project plans, engaging internal and external stakeholders, seeking input from relevant sources, identifying and mitigating risks and tracking and communicating progress to bring projects to successful completionOther duties as neededYou have the following technical skills or qualifications :Bachelor's degree in human resources, finance, economics, mathematics, or other business-related areasMinimum of 7 years of compensation-focused experience. CCP certification is a plus.Position requires broad but sound knowledge of: Compensation theory, concepts, practices, and trendsCompensation program design, implementation, and administrationCompensation analysis including gathering and analyzing market data and external data sources, job evaluation and grading, job matching, market pricingConsulting skills with stakeholders at all levels (including senior leadership) in areas of compensation and rewardAdvanced skills in MS Office Excel, Word and PPT, and HRIS applications. Experience with Oracle HCM a plus.Extensive experience with Excel/data manipulation including ability create and modify complex reports, logic formulas and macrosExcellent interpersonal and communication skills, both verbal and writtenStrong analytic skills with focus on qualityAbility to take initiative and operate independentlyA reputation for discretion, integrity, judgment, responsiveness, and strong attention to detailAbility to work additional hours as neededAbility to travel on occasion as neededThe base salary range for this position is between $120,000 and $180,000. Placement within the pay range is at Grant Thornton's discretion, and it is based on multiple factors, including but not limited to, job -related knowledge/skills, experience, business needs, progression within the role, geographic location, and internal equity. At Grant Thornton, compensation decisions are dependent upon the facts and circumstances of each position and candidate. Grant Thornton