Compensation Manager - Business Partner
Republic Services
Compensation Manager (Business Partner)
The Compensation Manager (Business Partner) will play a pivotal role in supporting leaders as they navigate aligning business priorities with people strategies. This position involves collaborating with various departments and being the strategic compensation partner to ensure that the compensation structure aligns with the company's strategic goals and supports talent acquisition, retention, and engagement.
Key Responsibilities:
- Serve as a business partner to leadership, at various levels within the company, by providing insights on the company's compensation methodology, educating leaders on how to use compensation as a tool, and ensuring standardized pay practices are being utilized.
- Analyze compensation data to identify trends, potential issues, and areas for improvement to ensure plans support the business strategies, while maintaining competitive and cost-effective compensation programs.
- Focus on a pro-active approach to compensation rather than reactive.
- Provide compensation expertise related to salary structure design and administration, short-term incentive programs, job evaluations, market data trends, and sales commission plans for eligible employees.
- Stay informed about industry trends, market benchmarks, and legal requirements to ensure competitive and compliant compensation practices
- Conduct job analyses to determine the appropriate level and value of each position.
- Ensure job architecture is comprehensive and reflective of the business roles. Partner with comp team peers to update as needed.
- Partner with various compensation peers to ensure compensation structure, programs and policies are aligned with business needs. Support the HR teams and business leaders through annual compensation planning processes
- Collaborate with HR and business leaders to ensure alignment between compensation decisions and organizational goals to support talent retention and attraction.
- Ensure compliance with relevant labor laws and regulations.
- Partner with legal and HR teams to conduct regular audits of compensation practices.
- Provide education and training to HR and management on compensation-related topics.
- Performs other job-related duties as assigned or apparent.
Qualifications:
- In-depth knowledge of compensation principles, salary structures, job evaluation and experience in executive compensation, equity plans and understanding of market trends.
- Proven ability to collaborate effectively with cross-functional teams, HR partners and senior leadership.
- Thorough understanding of labor laws and regulations related to compensation, ensuring compliance through conducting regular audits to mitigate legal risks.
- Strong analytic and quantitative skills with proficiency in data analysis tools and methodologies.
- Ability to interpret complex data sets and provide actionable insights to drive compensation decisions.
- Excellent communication skills with the ability to articulate complex compensation concepts in a clear and understandable manner.
- Demonstrated experience in presenting compensation-related information to diverse audiences, including senior leadership.
- High attention to detail and accuracy in managing compensation data and documentation.
Minimum Qualifications:
- 5 years of progressive experience in compensation analysis, design and strategy development.
- Experience working in a business partner role, understanding and aligning compensation strategies with broader business objectives.
Rewarding Compensation and Benefits
Eligible employees can elect to participate in:
- Comprehensive medical benefits coverage, dental plans and vision coverage.
- Health care and dependent care spending accounts.
- Short- and long-term disability.
- Life insurance and accidental death & dismemberment insurance.
- Employee and Family Assistance Program (EAP).
- Employee discount programs.
- Retirement plan with a generous company match.
- Employee Stock Purchase Plan (ESPP).
- Paid Time Off (PTO)
Benefits:
The statements used herein are intended to describe the general nature and level of the work being performed by an employee in this position, and are not intended to be construed as an exhaustive list of responsibilities, duties and skills required by an incumbent so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the Company.
EEO STATEMENT: Republic Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, relationship or association with a protected veteran (spouses or other family members), genetic information, or any other characteristic protected by applicable law.
About The Company
Republic Services, Inc. (NYSE: RSG) is a leader in the environmental services industry. We provide customers with the most complete set of products and services, including recycling, waste, special waste, hazardous waste and field services. Our industry-leading commitments to advance circularity and support decarbonization are helping deliver on our vision to partner with customers to create a more sustainable world.
In 2023, Republic's total company revenue was $14.9 billion, and adjusted EBITDA was $4.4 billion. We serve 13 million customers and operate more than 1,000 locations, including collection and transfer stations, recycling and polymer centers, treatment facilities, and landfills.
Although we operate across North America, the collection, recycling, treatment, or disposal of materials is a local business, and the dynamics and opportunities differ in each market we serve. By combining local operational management with standardized business practices, we drive greater operating efficiencies across the company while maintaining day-to-day operational decisions at the local level, closest to the customer.
Our customers, including small businesses, major corporations and municipalities, want a partner with the expertise and capabilities to effectively manage their multiple recycling and waste streams. They choose Republic Services because we are committed to exceeding their expectations and helping them achieve their sustainability goals. Our 41,000 team members understand that it's not just what we do that matters, but how we do it.
Our company values guide our daily actions:
- Safe: We protect the livelihoods of our colleagues and communities.
- Committed to Serve: We go above and beyond to exceed our customers' expectations.
- Environmentally Responsible: We take action to improve our environment.
- Driven: We deliver results in the right way.
- Human-Centered: We respect the dignity and unique potential of every person.
We are proud of our high employee engagement score of 86. We have an inclusive and diverse culture where every voice counts. In addition, our team positively impacted 4.6 million people in 2023 through the Republic Services Charitable Foundation and local community grants. These projects are designed to meet the specific needs of the communities we serve, with a focus on building sustainable neighborhoods.
Strategy
Republic Services' strategy is designed to generate profitable growth. Through acquisitions and industry advancements, we safely and sustainably manage our customers' multiple waste streams through a North American footprint of vertically integrated assets.
We focus on three areas of growth to meet the increasing needs of our customers: recycling and waste, environmental solutions and sustainability innovation.
With our integrated approach, strengthening our position in one area advances other areas of our business. For example, as we grow volume in recycling and waste, we collect additional material to bolster our circularity capabilities. And as we expand environmental solutions, we drive additional opportunities to provide these services to our existing recycling and waste customers.
Recycling and Waste
We continue to expand our recycling and waste business footprint throughout North America through organic growth and targeted acquisitions. The 13 million customers we serve and our more than 5 million pick-ups per day provide us with a distinct advantage. We aggregate materials at scale, unlocking new opportunities for advanced recycling. In addition, we are cross-selling new products and services to better meet our customers' specific needs.
Environmental Solutions
Our comprehensive environmental solutions capabilities help customers safely manage their most technical waste streams. We are expanding both our capabilities and our geographic footprint. We see strong growth opportunities for our offerings, including PFAS remediation, an increasing customer need.
Sustainability Innovation
Republic's recent innovations to advance circularity and decarbonization demonstrate our unique ability to leverage sustainability as a platform for growth.
The Republic Services Polymer Center is the nation's first integrated plastics recycling facility. This innovative site processes rigid plastics from our recycling centers, producing recycled materials that promote true bottle-to-bottle circularity. We also formed Blue Polymers, a joint venture with Ravago, to develop facilities that will further process plastic material from our Polymer Centers to help meet the growing demand for sustainable packaging. We are
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