Compensation Manager

Venterra RealtyHouston, TX
1dHybrid

About The Position

Following significant growth in recent years, the Venterra is seeking a motivated Compensation professional to build out a scalable compensation function from the ground up and to play an active role in new systems implementation. The Compensation Manager partners with the Director, Total Rewards, to design, implement, and administer the company’s compensation programs across a portfolio of multifamily real estate properties and corporate operations. This role ensures compensation structures are competitive, equitable, and aligned with the company’s strategic objectives — attracting and retaining top talent across property management, development, construction, and corporate functions. The Compensation Manager serves as a subject matter expert on all matters related to base pay, incentive compensation, and pay equity, partnering closely with HR Business Partners, Finance, and senior leadership. Standard business hours with periodic extended hours during annual planning cycles.

Requirements

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field required; Certified Compensation Professional (CCP) designation preferred.
  • Five to seven years of progressive compensation experience; Experience in multifamily real estate, property management, or a similarly distributed, multi-site workforce environment preferred.
  • Experience creating and implementing compensation programs is required for this role.
  • Demonstrated proficiency with compensation survey tools and market pricing platforms such as PayScale, Radford, Mercer, or WTW
  • Advanced Excel and analytical skills required; working knowledge of Power BI preferred; experience with HRIS platforms such as Workday, UKG, or ADP preferred
  • Experience participating in or leading an HCM system implementation preferred
  • Strong understanding of FLSA, pay equity legislation, and compensation-related regulatory requirements
  • Proven ability to communicate complex compensation concepts to non-technical audiences, including senior executives, with a strong attention to detail and the ability to manage multiple priorities in a fast-paced environment.

Responsibilities

  • Partner with the Director, Total Rewards, to develop and maintain the company’s compensation philosophy, structures, and policies, ensuring alignment with business strategy and market competitiveness.
  • Lead the annual compensation planning cycle - including merit increases, incentive payouts, promotions, and market adjustments informed by salary surveys, market pricing, and benchmarking analyses – as well as the administration of quarterly on-site performance bonuses and leasing commissions.
  • Conduct and participate in salary surveys, performing market pricing and benchmarking analyses
  • Support the design and maintenance of the company’s job architecture framework, including job leveling, titling conventions, FLSA classifications, and salary grade structures
  • Prepare and present compensation analytics, dashboards, and recommendations to senior leadership, translating data into actionable insights
  • Partner with Talent Acquisition to develop competitive offer strategies and ensure internal equity before roles are posted to market.
  • Conduct pay equity analyses and support compliance with federal, state, and local compensation-related regulations, including pay transparency laws across applicable jurisdictions
  • Advise HR Business Partners and hiring managers on compensation decisions, policy interpretation, and exception requests
  • Support the Director, Total Rewards on executive compensation matters, senior-level reporting, and special projects as needed
  • Evaluate the effectiveness of existing compensation programs through cost modeling, turnover analysis, and ROI assessments, recommending enhancements where appropriate
  • Stay current on compensation trends in the multifamily and real estate investment industry, including regional labor market dynamics affecting property-level staffing
  • Assist with the implementation of a new human capital management system, ensuring compensation data structures, workflows, and reporting requirements are accurately configured.

Benefits

  • Competitive Base Salary and performance bonus.
  • A robust package of Health (Medical (PPO), Dental, Vision), 401k matching, paid vacation suite benefits and employer-paid Short & Long-Term Disability, among other things.
  • Educational Assistance / Reimbursement to support your drive to learn.
  • 8 paid hours per year of Volunteer Time Off to serve the organization(s) of your choice.
  • Access to thousands of employee discounts with BenefitHub.
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