Compensation Partner

MarvinWarroad, MN
Onsite

About The Position

The Compensation Partner will operate as a strategic people partner that plays a key part in supporting ongoing compensation needs. This individual will focus on the analysis, evaluation, creation, and implementation of compensation programs designed to attract and retain key talent at Marvin. Highlights of your role Participate in the planning, development, implementation, and administration of a wide variety of compensation programs related to base pay, merit, incentives, and equity. Participate in competitive analysis, market positioning, salary structures, as well as developing compensation reports to support program decisions and outcomes. Provide partnership and strategic support on special projects related to compensation such as job analysis, job description alignment/creation, org design, compensation evaluations, job leveling and progressions, and any other comp related activities as needed. Provide support with annual compensation planning cycles from start to finish, which includes, modeling, planning, award letter generation, accounting projections, employee and manager communications, and post-cycle analysis. Responsible for managing job codes related to new hires, promotions, and transfers, as well as maintaining global reporting of job structures and pay grades. Perform various audits, research, and analyses to determine market competitiveness of compensation programs as well as maintaining compliance with current legal regulations. Assist in the development and delivery of communications and training related to compensation programs, polices, and processes. Responsible for diagnosing gaps, evaluating continuous improvement and automation options, and providing guidance and understanding of compensation philosophies and practices. Provide support with market pay analysis process, job matching validations, and survey submission and analysis. Assist with administration of our sales incentives programs in conjunction with our Sales Incentive Program Mgr.

Requirements

  • Bachelor's degree in human resources or related field required
  • 3+ years of experience in the analysis, design and/or administration of compensation programs.
  • Proficient in data analytics and Excel
  • Highly collaborative with strong interpersonal and communication skills
  • Ability to operate independently in an ambiguous, continuously changing, fast-paced environment

Responsibilities

  • Participate in the planning, development, implementation, and administration of a wide variety of compensation programs related to base pay, merit, incentives, and equity.
  • Participate in competitive analysis, market positioning, salary structures, as well as developing compensation reports to support program decisions and outcomes.
  • Provide partnership and strategic support on special projects related to compensation such as job analysis, job description alignment/creation, org design, compensation evaluations, job leveling and progressions, and any other comp related activities as needed.
  • Provide support with annual compensation planning cycles from start to finish, which includes, modeling, planning, award letter generation, accounting projections, employee and manager communications, and post-cycle analysis.
  • Responsible for managing job codes related to new hires, promotions, and transfers, as well as maintaining global reporting of job structures and pay grades.
  • Perform various audits, research, and analyses to determine market competitiveness of compensation programs as well as maintaining compliance with current legal regulations.
  • Assist in the development and delivery of communications and training related to compensation programs, polices, and processes.
  • Responsible for diagnosing gaps, evaluating continuous improvement and automation options, and providing guidance and understanding of compensation philosophies and practices.
  • Provide support with market pay analysis process, job matching validations, and survey submission and analysis.
  • Assist with administration of our sales incentives programs in conjunction with our Sales Incentive Program Mgr.

Benefits

  • health insurance
  • paid holidays
  • paid parental leave
  • 401(k) retirement savings match
  • $300 annual wellbeing account
  • Better Living Day! (a paid day off to go have some fun)
  • Annual profit sharing
  • Giving at Marvin – participate in organized volunteer opportunities
  • Brighter Days Fund – financial support from your colleagues and the Marvin family during personal hardships
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