| Compensation Manager Job Description |
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| The following is a full job description for Compensation Manager. Here are the requirements and responsibilities for Compensation Manager along with statistics. If after reading this page you determine that Compensation Manager is not the position you are looking for, you may want to try one of these similar titles: Executive Compensation Manager, Workers' Compensation Manager, Compensation Senior Manager, Compensation and Benefits Manager, Compensation and Benefits Manager, Senior, Compensation Analyst I, Compensation Analyst II, Compensation Analyst III, Compensation Analyst IV |
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| Requirements and Responsibilities For Compensation Manager |
| Leads the development, implementation, and administration of compensation programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. Directs data collection and analysis processes for market, pay equity, and other compensation studies. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. |
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| Also referred to as: Manager Global Compensation |
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| Similar Jobs: Executive Compensation Manager, Workers' Compensation Manager, Compensation Senior Manager, Compensation and Benefits Manager, Compensation and Benefits Manager, Senior, Compensation Analyst I, Compensation Analyst II, Compensation Analyst III, Compensation Analyst IV |
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| Level of Education: Compensation Manager Salaries with a Bachelor's Degree, Compensation Manager Salaries with a Master's Degree or MBA, Compensation Manager Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Aerospace & Defense, Biotechnology, Business Services, Chemicals, Construction, Edu., Gov't. & Nonprofit, Energy & Utilities, Financial Services, Healthcare, Hospitality & Leisure, Insurance, Internet, Media, MFG Durable, MFG Nondurable, Pharmaceuticals, Retail & Wholesale, Software & Networking, Telecom, Transportation | |
