Compensation Manager

Mission LanePhiladelphia, PA
19d$116,000 - $150,000Remote

About The Position

Mission Lane is combining the power of data, technology, and exceptional service to pave a clear way forward for millions of people on the path to financial success. By attracting top talent and leveraging cutting-edge technology, we’re enabling people to unlock real financial progress. Sound like a mission you can get behind? We’re looking for a Compensation Manager who excels at turning analysis into actionable compensation strategy, using clear communication and strong partnerships to bring it to life. The Impact You’ll Make: You’ll drive forward our mission of empowering people to unlock financial progress by ensuring our compensation programs remain competitive, equitable, and clearly understood. Your work will be a key driver in our ability to attract, motivate, and retain the incredible talent we need in order to serve our customers. In your first year, you will take ownership of our core compensation cycles (merit, bonus, and equity), refine our incentive plans, and establish yourself as a trusted advisor to HR partners and business leaders. Success means our teams feel confident in our pay practices, and we have the market data needed to plan for the year ahead. This role is a fantastic opportunity to make a significant impact on our company-wide compensation strategy and be a key steward of our compensation philosophy, helping it evolve as we scale in a high-growth, mission-driven environment.

Requirements

  • Bachelor’s degree in Human Resources, Finance, Business, or a related field.
  • 7+ years of broad-based compensation experience, including job evaluation, market pricing, and salary structure design.
  • Demonstrated experience managing annual compensation cycles (merit, bonus, and/or equity).
  • Strong analytical and problem-solving skills with an exceptional attention to detail.
  • Advanced proficiency in Microsoft Excel/Google Sheets (e.g., v-lookups, pivot tables, complex modeling).
  • Deep experience using compensation survey data and tools.
  • Proficiency with HRIS and compensation management modules.
  • Excellent communication and stakeholder management skills, with the ability to present complex data clearly to leaders.

Nice To Haves

  • Certified Compensation Professional (CCP), PHR, or SHRM-CP certification.
  • Experience preparing materials for a Compensation Committee.
  • Experience in a fast-paced, high-growth environment.

Responsibilities

  • Maintain and Evolve Our Structure: Manage our compensation architecture, including job evaluations and salary structures, to ensure internal equity.
  • Keep Us Competitive: Lead the annual refresh of compensation data, analyzing market trends to ensure our pay remains competitive.
  • Run Our Core Programs: Lead the company-wide annual merit, bonus, and equity refresh processes from planning and budgeting to execution and communication.
  • Shape Incentive Plans: Partner in the design, documentation, and administration of our various incentive plans, from monthly production bonuses to annual corporate incentives.
  • Be a Trusted Partner: Work closely with HR Business Partners (HRBPs) and hiring managers to price new jobs and manage compensation for promotions, transfers, and market adjustments.
  • Analyze and Advise: Analyze and recommend the appropriate mix of base pay, incentive, and equity across the organization.
  • Support Executive Planning: Prepare clear, data-driven materials for the Compensation Committee, including peer group analysis and executive compensation data.
  • Educate and Empower: Serve as a key resource for educating managers and employees on our compensation philosophy and practices, translating complex data into simple, actionable insights.

Benefits

  • Mission Lane also offers a comprehensive benefits plan, which includes paid time off, 401(k) match, a monthly wellness stipend, health/ dental/ vision insurance options, disability coverage, paid parental leave, flexible spending account (for childcare and healthcare), life insurance, and a remote-friendly work environment.
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