HR Compensation Manager

Columbia BankLake Oswego, OR
1d$120,000 - $165,000Onsite

About The Position

About the Role: Are you ready to lead compensation strategy at a company that values innovation, equity, and performance? As our Compensation Manager, you’ll be at the forefront of designing and delivering competitive, fair, and forward-thinking compensation programs that attract and retain top talent. You’ll collaborate with senior leaders, mentor a high-performing team, and ensure our rewards philosophy aligns with business goals and employee expectations. What You’ll Do: Lead Compensation Strategy: Design and manage compensation programs that drive performance, support growth, and reflect our values. Inspire and Develop a High-Impact Team: Mentor and guide the compensation team, fostering a culture of excellence, innovation, and continuous learning. Drive Policy Innovation: Interpret and evolve compensation guidelines. Recommend enhancements that improve equity, transparency, and competitiveness. Own Annual Planning Cycles: Lead end-to-end compensation planning—including salary structures, merit increases, incentive awards, and equity grants. Leverage Market Intelligence: Conduct market research and data analysis to shape salary structures and incentive plans that keep us ahead of the curve. Ensure Compliance and Clarity: Stay ahead of regulatory changes and provide expert guidance to managers and employees on compensation matters. Reward Performance: Oversee the distribution of bonuses, incentives, and performance-based rewards that recognize excellence. Partner with Vendors and Stakeholders: Manage external relationships and collaborate with finance and executive leadership on strategic incentive programs. Deliver Insights: Prepare and present compensation reports that inform decision-making at the highest levels. Collaborate Across HR and Leadership: Be a trusted advisor to HR and business leaders, ensuring compensation strategies support organizational goals.

Requirements

  • Bachelor’s degree in HR, Business Administration, or related field required; Master’s degree preferred.
  • 10 years of experience in compensation (total rewards) and incentive design required.
  • 5 years of compensation manager experience preferred.
  • Executive Compensation experience preferred.
  • Professional certifications such as SPHR, CCP, or CEP preferred.
  • Workday experience preferred.
  • Experience managing compensation programs for companies with 1,000 or more employees spanning multiple states.
  • Advanced Excel skills; proficiency in Word, PowerPoint, Access, and HRIS systems.
  • Strong understanding of accounting, statistics, and compensation best practices including equity management, job analysis, and federal regulations.
  • Proven ability to manage complex projects and make strategic recommendations.
  • Excellent time management skills with the ability to meet deadlines and multitask in a fast-paced environment.
  • Exceptional communication skills—able to present data clearly to senior and executive leadership.
  • Independent thinker with sound judgment and discretion.

Responsibilities

  • Lead Compensation Strategy: Design and manage compensation programs that drive performance, support growth, and reflect our values.
  • Inspire and Develop a High-Impact Team: Mentor and guide the compensation team, fostering a culture of excellence, innovation, and continuous learning.
  • Drive Policy Innovation: Interpret and evolve compensation guidelines. Recommend enhancements that improve equity, transparency, and competitiveness.
  • Own Annual Planning Cycles: Lead end-to-end compensation planning—including salary structures, merit increases, incentive awards, and equity grants.
  • Leverage Market Intelligence: Conduct market research and data analysis to shape salary structures and incentive plans that keep us ahead of the curve.
  • Ensure Compliance and Clarity: Stay ahead of regulatory changes and provide expert guidance to managers and employees on compensation matters.
  • Reward Performance: Oversee the distribution of bonuses, incentives, and performance-based rewards that recognize excellence.
  • Partner with Vendors and Stakeholders: Manage external relationships and collaborate with finance and executive leadership on strategic incentive programs.
  • Deliver Insights: Prepare and present compensation reports that inform decision-making at the highest levels.
  • Collaborate Across HR and Leadership: Be a trusted advisor to HR and business leaders, ensuring compensation strategies support organizational goals.
  • Coordinate with executive management and finance partners on administration of short and long term incentive programs.
  • Collaborate with HR and management: Work closely with HR and management teams to address compensation-related issues, provide strategic advice, and ensure alignment with organizational goals.

Benefits

  • We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.
  • We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays.
  • Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
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