Compensation Manager

Graybar•Chesterfield, MO

13d•Onsite

About The Position

As the Compensation Manager, you will own the design, governance, and administration of the compensation policies, plans, and procedures, ensuring compensation decisions consistently reflect the Company's philosophy, support business goals, and maintain market competitiveness, internal equity, and compliance.

Requirements

Minimum of 8 years of progressive Human Resources or compensation experience, including a solid understanding of compensation theory, plan design, market analysis, job evaluation, and compensation administration
Four-year degree in Human Resources, Business, Finance, or a related field
Knowledge of compensation-related government compliance and regulations
Knowledge of compensation plan structure and design principles
Knowledge of quantitative analysis, financial modeling, and data interpretation techniques
Knowledge of HR systems, compensation systems, and Microsoft Office applications, with strong proficiency in Excel
Leadership and supervisory skills
Excellent oral and written communication skills
Collaboration, influencing, advisory, and stakeholder management skills
Mathematical, statistical, and compensation modeling skills
Analytical, problem-solving, and decision-support skills
Strong organizational, prioritization, and project management skills
Ability to work independently in a fast-paced environment and handle multiple, competing priorities
Ability to work cooperatively with others

Nice To Haves

Certified Compensation Professional (CCP) preferred
Experience supporting Compensation Committee or Board-level materials preferred
Experience developing compensation models, salary structures, incentive plans, and pay governance frameworks preferred

Responsibilities

Manage compensation plan practices, policies, processes, and system data to support accuracy, integrity, consistency, and compliance.
Oversee the design, implementation, administration, and evaluation of compensation programs and recommend changes to ensure alignment with Company objectives and compensation philosophy.
Develop and lead compensation analyses, workforce models, and recommendations that support compensation strategy, program design, business objectives, and Compensation Committee decision-making.
Serve as the organization's primary compensation expert, overseeing compensation structures, incentives, commissions, job evaluation, and pay practices while ensuring consistent application of the Company's compensation philosophy, internal equity, market competitiveness, and compliance requirements.
Prepare materials for Compensation Committee of the Board of Directors, including summaries of current program design, market positioning, business considerations, and proposed changes.
Review and analyze merit increase proposals, promotional increases, market adjustments, and related recommendations to ensure consistency with market data, budget parameters, and the Company’s compensation philosophy.
Review executive compensation data and partner with Legal to finalize reporting for the Compensation Discussion and Analysis section of the annual Information Statement.
Establish and maintain routine audits of compensation policies, practices, plan eligibility, and system data, and provide relevant summaries, metrics, and recommendations to management.
Oversee the development of manager tools, training resources, educational materials, and process documentation related to pay practices, salary ranges, job descriptions, incentive plans, and management responsibilities.
Oversee participation in, submission of, and analysis of salary surveys and recommend updates to compensation policies, structures, and practices as appropriate.

Benefits

Multiple plan options for Medical, Dental, Vision, and Prescription Drug benefits.
Life Insurance coverage for you and options for your family.
Save on expenses with Flexible Spending Accounts.
Enjoy our Disability Benefits at no cost to you.
Share in our success with Profit Sharing Plans.
401(k) Savings Plan with company match to help secure your future.
Paid Vacation & Sick Days to spend time away from work or in case of an illness.
Rest and recharge during our Paid Holidays throughout the year.
Take advantage of our Paid Wellness Day to focus on preventive care and prioritize your health.
Volunteer with Community Time Off to give back to the community.
Predictable Work Schedules to plan your life: no weekends or nights for most roles.
Celebrate your and others' achievements with our Employee Recognition Program.
Reach your career goals with our Educational Reimbursement and Career Development Programs.
And More Perks that support your well-being and career growth.