Senior Compensation Manager, CoStar Group – Arlington, VA

CoStar • Arlington, VA

1d • Onsite

About The Position

CoStar Group is seeking a Senior Compensation Manager to lead the design, implementation, and administration of compensation programs that are aligned with CoStar’s compensation philosophy and business objectives. This role partners with leadership to ensure programs are competitive, equitable, performance-driven, and compliant, while driving high-quality execution of core compensation processes. This is a player/coach role with direct people management. The Senior Compensation Manager will set direction, coach and develop the team, and personally lead complex compensation initiatives that support CoStar Group’s scale, growth, and performance driven culture.

Requirements

• Bachelor’s degree in Finance, Human Resources, or related field from an in person, not‑for‑profit college or university.
• A track record of commitment to prior employers.
• 8+ years of progressive experience in compensation with 3+ years at a large corporate organization.
• 2+ years of experience managing and developing compensation professionals.
• Strong analytical skills and experience with compensation data modeling and market analysis.
• Knowledge of global compensation regulations and governance practices.
• Experience managing compensation programs and leading annual pay processes in a complex organization.
• Ability to effectively partner with managers and HR stakeholders by providing compensation analysis and guidance, while handling highly confidential and sensitive information with the utmost discretion and professionalism.

Nice To Haves

• Master’s degree or other graduate coursework in a related field.
• Experience with Workday HRIS.
• Experience operating in a global environment.
• Experience with sales incentive plans and sales compensation structures.
• Exposure to or interest in AI-enabled HR tools and technologies.
• Strong written communication skills, including the ability to draft clear executive level materials and presentations.

Responsibilities

• Design, implement, and administer base pay and incentive programs to support talent attraction, retention, and performance.
• Ensure compensation programs are internally equitable and externally competitive through market benchmarking and analysis.
• Develop and maintain salary structures, job architecture, and job leveling frameworks.
• Lead the annual compensation cycle, including budgeting, merit planning, bonus planning, market adjustments, and promotions.
• Partner with HRBPs to provide guidance to business leaders on compensation decisions aligned to pay for performance.
• Manage participation in compensation surveys and benchmarking activities.
• Analyze market trends and provide data-driven recommendations on pay strategy, salary ranges, and incentive design.
• Research emerging compensation practices and assess applicability to the organization.
• Partner with HR Business Partners and business leaders to address compensation-related issues and initiatives.
• Advise on complex compensation matters, including offers, promotions, and retention strategies.
• Support cross-functional initiatives involving compensation, performance management, and workforce planning.
• Ensure compliance with global, federal, state, and local regulations, as well as internal policies and governance standards.
• Maintain working knowledge of applicable compensation-related legislation and regulatory requirements.
• Support the administration and ongoing enhancement of compensation-related systems (e.g., HRIS).
• Drive process improvements to enhance efficiency, accuracy, and scalability of compensation operations.
• Manage and develop a team of compensation professionals.
• Provide coaching, prioritization, and oversight to ensure high-quality deliverables and execution.
• Operates with significant autonomy within defined compensation philosophy and frameworks.
• Leads enterprise-wide programs or major components of compensation processes (e.g., annual cycle, job architecture).
• Provides recommendations to senior leadership.

Benefits

• Generous compensation and performance-based incentives
• Internal training
• Tuition reimbursement
• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
• Life, legal, and supplementary insurance
• Virtual and in person mental health counseling services for individuals and family
• Commuter and parking benefits
• 401(K) retirement plan with matching contributions
• Employee stock purchase plan
• Paid time off
• On-site fitness center and/or reimbursed fitness center membership costs (location dependent)
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks

What This Job Offers

• Job Type: Full-time
• Career Level: Senior