Compensation Manager

HOYA Vision Care•Lewisville, TX

About The Position

The Compensation Manager is responsible for designing, implementing, and managing competitive compensation programs while also supporting benefits strategy and administration. This role ensures alignment with organizational goals, market competitiveness, internal equity, and regulatory compliance. The ideal candidate brings strong analytical expertise, business acumen, and a collaborative approach to total rewards.

Requirements

Bachelor’s degree in Human Resources, Business Administration, Finance, or related field.
5–8+ years of progressive compensation experience, with exposure to benefits programs.
Strong analytical and problem-solving skills with advanced Excel/data analysis capabilities.
Knowledge of compensation structures, job evaluation methodologies, and market pricing.
Working knowledge of benefits programs and regulatory requirements.
Excellent communication and stakeholder management skills.

Nice To Haves

Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), or similar certification.
Experience with HRIS and compensation planning tools
Experience in a multi-state or global organization.

Responsibilities

Design, implement, and manage base pay, incentive, and variable compensation programs.
Lead annual compensation processes including merit increases, bonus planning, and salary adjustments.
Conduct market benchmarking using salary surveys and labor market data to ensure competitive positioning.
Evaluate job roles, maintain job architecture, and ensure pay equity and internal consistency.
Provide guidance to HR Business Partners and leaders on compensation decisions and pay practices.
Develop and maintain compensation policies, structures, and guidelines.
Partner with benefits leadership or vendors to support design and administration of health, welfare, and retirement programs.
Assist with annual benefits review, renewal process, and cost management strategies.
Analyze benefits utilization, participation trends, and employee feedback to recommend improvements.
Support employee communications related to benefits programs and enrollment.
Ensure compliance with applicable benefits regulations (e.g., ACA, ERISA, COBRA, FMLA).
Ensure compensation and benefits programs comply with federal, state, and local regulations.
Support pay equity analysis and reporting.
Maintain documentation, audit readiness, and internal controls related to total rewards programs.
Partner with Legal and HR leadership on regulatory updates and policy changes.
Analyze compensation and benefits data to identify trends, risks, and opportunities.
Create dashboards and reports for leadership to support decision-making.
Provide insights on workforce costs, compensation effectiveness, and return on investment.
Collaborate with HR, Finance, and business leaders to align total rewards with business strategy.
Serve as a subject matter expert on compensation and benefits for leadership and employees.
Support M&A, restructuring, or organizational changes with compensation and benefits expertise.