Compensation & Benefits Manager

Volvo GroupGreensboro, NC
Hybrid

About The Position

The Compensation & Benefits Manager plays a key role in shaping and delivering a competitive, compliant, and data-driven Total Rewards strategy. This role supports the US People & Culture function by ensuring competitiveness, governance, and administration of all Total Rewards’ compensation and benefits programs. Blending strategic insight with hands-on execution, this role is responsible for compensation design, benefits administration, and continuous improvement of Total Rewards programs, ensuring alignment with business goals, internal equity, and market competitiveness.

Requirements

  • Bachelor’s degree in Human Resources, Finance, Business, or related field
  • 8+ years of experience in compensation, benefits, or total rewards
  • Experience working in a global, matrixed organization strongly preferred
  • Experience with compensation design, pay structures, and benefits programs
  • Strong analytical and critical thinking skills
  • Ability to translate data into actionable insights
  • Effective written and verbal communication
  • High attention to detail and accuracy
  • Ability to manage multiple priorities and deadlines
  • Independent, proactive, and adaptable working style
  • Advanced Excel and strong Microsoft Office capabilities

Nice To Haves

  • Professional certifications (CCP, CEBS) preferred

Responsibilities

  • Support the development and execution of Total Rewards strategies, frameworks, policies, and programs
  • Ensure alignment with global rewards philosophy and local market practices
  • Maintain governance, compliance, and documentation across all compensation and benefits programs
  • Evaluate effectiveness of Total Rewards initiatives and recommend enhancements
  • Ensure compliance with applicable regulations (FLSA, ACA, ERISA, COBRA, and multi-jurisdictional requirements)
  • Administer and evolve salary structures, job architecture, and internal equity guidelines
  • Partner in job evaluation and alignment with global job catalogues, including job creation and leveling
  • Conduct market pricing, benchmarking, and survey participation
  • Perform compensation analysis (compa-ratio, range penetration, pay equity reviews)
  • Lead/support annual compensation planning cycles (merit, promotions, incentives)
  • Ensure compensation data integrity within HRIS and reporting tools
  • Support executive and incentive compensation analysis as needed
  • Oversee administration of health, welfare, and retirement plans in partnership with Director of Total Rewards
  • Manage open enrollment planning, system testing, and employee communications
  • Analyze participation, utilization, and cost trends to inform decisions
  • Partner with vendors to resolve issues and enhance service delivery
  • Support program development (e.g., wellness initiatives, onsite services)
  • Manage eligibility, audits, and benefits-related financial reconciliation
  • Partner with Senior Manager Compensation, Analytics & Reporting to maintain reporting on compensation, benefits, and workforce trends
  • Respond to ad hoc data requests with clear, actionable recommendations
  • Conduct regular market and competitive analysis to ensure offerings remain competitive
  • Partner cross-functionally across People & Culture, Finance, Payroll, and business leaders in a matrixed environment
  • Develop and deliver clear, engaging Total Rewards communications to employees
  • Translate complex topics into practical insights for stakeholders
  • Promote transparency and employee understanding of Total Rewards programs
  • Identify opportunities to improve processes, data quality, and employee experience
  • Support HRIS configuration, enhancements, and data accuracy
  • Maintain tools, reporting platforms, and internal resources (e.g., SharePoint)

Benefits

  • Competitive medical, dental and vision insurance.
  • Generous paid time off.
  • Competitive matching retirement savings plans.
  • Working environment where your safety, health and wellbeing come first.
  • Focus on professional and personal development through Volvo Group University.
  • Programs that make today’s challenging reality of combining work and personal life easier.
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