Manager - Compensation

PenskeCumru Township, PA
Hybrid

About The Position

The Compensation Manager is responsible for managing the day to day compensation processes within the department with a focus on compliance, customer service, and building relationships with HR business partners. Supervise and develop a team of compensation analysts supporting PTL and PL business units. Provide compensation consultation and guidance to the business to develop total compensation solutions. This is an on-site position 4 days per week, and 1 day work from home per week, at our Corporate Office in Reading, PA.

Requirements

  • Supervise and develop a team of compensation analysts supporting PTL and PL business units.
  • Provide compensation consultation and guidance to the business to develop total compensation solutions.
  • Manage, coach, and develop team of compensation analysts.
  • Oversee analysts supporting Field and Corporate operations.
  • Establish strong working relationships among team and serve as an escalation point for analysts if needed.
  • Provide guidance to HR Managers and Corp/Field managers regarding salary levels for associates and develop total compensation solutions.
  • Actively participate in HR meetings and offer compensation support.
  • Provide compensation advice and recommendations when needed.
  • Provide training on compensation philosophy, practices, and systems.
  • Ensure that training is kept up to date and aligns with current policies and regulations.
  • Lead compensation processes and/or projects to include the following: Job evaluation and market pricing, Annual budget and structure analysis, In depth compensation analysis including pay fairness and regulatory reviews, Large scale, company-wide compensation initiatives, International compensation support.

Responsibilities

  • Manage, coach, and develop team of compensation analysts. Oversee analysts supporting Field and Corporate operations.
  • Create an engaged, collaborate environment among analysts and provide continuous coaching and guidance.
  • Establish strong working relationships among team and serve as an escalation point for analysts if needed.
  • Provide guidance to HR Managers and Corp/Field managers regarding salary levels for associates and develop total compensation solutions.
  • Actively participate in HR meetings and offer compensation support. This includes providing compensation advice and recommendations when needed.
  • Provide training on compensation philosophy, practices, and systems. Ensure that training is kept up to date and aligns with current policies and regulations.
  • Lead compensation processes and/or projects to include the following: Job evaluation and market pricing, Annual budget and structure analysis, In depth compensation analysis including pay fairness and regulatory reviews, Large scale, company-wide compensation initiatives, International compensation support.
  • Other projects as assigned by the Director, Compensation
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