Compensation Manager

Autozone•Memphis, TN

About The Position

The Compensation Manager participates in compensation administration, planning, and analysis for AutoZone. The role works cross-functionally to research, design, implement, and manage competitive compensation plans and programs that support business strategies and objectives. It has direct reports and reports to the Compensation Director. The position develops compensation approaches for sales, distribution center hourly roles, and tractor-trailer drivers. It supports competitive pay, internal equity, retention, and operational coverage through market benchmarking, pay structure design, incentive programs, cost analysis, and administration. The role also plans and organizes the Hay job evaluation program and provides end-to-end process, analytics, and administration support.

Requirements

Bachelor’s degree in Accounting, Finance, or another related field.
Proficiency in MS Office programs, such as Excel, Access, Word, and PowerPoint.

Nice To Haves

Master’s degree.
Experience developing and overseeing compensation plans and programs in retail and other business segments or environments, across employee levels.
Experience assessing, developing, and administering sales incentive plans.
Experience with executive compensation program design and administration, including equity plan administration and operation of nonqualified plans.
Well-developed analytical background.
Familiarity with enterprise compensation planning and administration applications.
Excellent project management and internal consulting capabilities.
Ability to develop and deliver oral and written communications to executives, management, and other employee populations.
Experience with competency-based compensation and standard job evaluation principles; familiarity with the Hay guide chart position evaluation method preferred.
Experience with Oracle HCM.
Experience with SQL, R, or SAS.

Responsibilities

Develop salary increase budgets, merit matrices, incentive plan designs, and peer pay practice assessments.
Work with Sales Leadership to devise sales incentive strategies aimed at improving sales productivity through standardized sales processes and reporting.
Help maximize returns on sales enablement and sales operations investments while keeping compensation cost of sales low.
Advise management on pay actions, including merit increases, promotions, and external job offers.
Research, compile, and analyze market pay practices and wage and salary data to identify industry trends.
Recommend changes to compensation policies and programs and prepare cost projections with the Operations analytics team.
Design, implement, and administer step progression pay programs for hourly distribution center roles, ensuring competitive positioning, internal equity, and alignment with retention goals.
Partner with distribution center operations leadership to evaluate and refine progression timelines, step intervals, and pay thresholds based on tenure, performance, and labor market dynamics.
Lead compensation strategy and structure for tractor-trailer drivers, including base pay, mileage or hourly structures, shift differentials, and incentive opportunities.
Conduct market benchmarking for CDL drivers and warehouse hourly roles, incorporating regional labor trends, supply and demand constraints, and competitor practices.
Analyze and recommend pay differentials, including shift, weekend, freezer or cold environment, and hazardous-duty differentials.
Conduct and participate in market surveys.
Perform cost analyses for compensation and related programs.
Plan and organize the Hay job evaluation program, including job analysis, job description development, grading, and systemic entry and accuracy of job and salary information.
Offer end-to-end solutions, including process analysis and design, requirements planning, business case development, analytics support, and administration support.
Act in a mentoring capacity to support colleagues’ career development.
Manage direct reports.