Compensation Manager
Neighborly® · Irving, TX · 2 days ago
Human ResourcesFull-time
The Compensation Manager is responsible for leading the implementation and administration of new and existing compensation programs, including base pay, short-term incentives, and long-term incentive strategies.
- Owns and administers both the management and broad-based equity programs, preparing grants, handling paperwork, and managing program communications.
- Leads annual compensation planning processes, such as merit cycles, merit matrices, and total compensation associate communications.
- Provides strategic guidance to leadership and relevant HR partners on pay decisions, compensation philosophy, and workforce planning.
- Pairs with HR and business leaders to ensure salary guidelines and governance practices are being followed.
- Uses data and analytics to evaluate program effectiveness and provides actionable insights.
- Implements and maintains bonus plan criteria and incentive structures aligned with business performance.
- Participates in and influences cross-functional discussions related to organizational changes and workforce strategy.
- Leads compensation-related change management efforts across multiple stakeholders, including HR and hiring leaders.
- Evaluates and ensures compliance of job descriptions with compensation frameworks and regulatory standards.
- Manages at least one direct report.
- Continuously assesses market trends and provides recommendations to maintain competitiveness.
Success Criteria
- Successfully implements and launches a new job architecture across multiple business areas, ensuring strong project and change management throughout.
- Streamlines, simplifies, and organizes the organization's approach to short-term incentive plans while linking plans to drive performance.
- Establishes strong credibility with leadership as a trusted compensation advisor.
- Drives data-informed decisions and elevates the organization's understanding of compensation strategy.
- Enhances the overall associate experience through thoughtful, competitive compensation practices.
Qualifications
- Proven ability to operate with confidence and credibility, influencing leaders and navigating complex organizational dynamics.
- Strong communication, conflict resolution, and interpersonal skills.
- Strong compensation expertise with demonstrated experience in incentive implementation and management, equity administration, and compensation governance.
- Strategic mindset with the ability to anticipate business needs and identify gaps before they arise.
- Strong analytical capabilities with the ability to translate data into clear, compelling business stories.
- Experience managing and influencing stakeholders across multiple levels, including executive leadership.
- Ability to lead through change and drive alignment across cross-functional teams.
- Strong communication and interpersonal skills with a consultative, solutions-oriented approach.
- High level of ownership and accountability, with the ability to operate autonomously.
- Experience working within HRIS systems (Workday preferred) and advanced proficiency in Excel and data modeling.
- Experience working within a corporate or multi-unit environment preferred.
- Self-starter with the ability to work autonomously with little support.
Skills
- 5+ years of progressive experience in compensation.
- Experience in compensation program design, incentive structures, and equity plan administration.
- Certified Compensation Professional (CCP) preferred.
- Experience working within a corporate or multi-unit environment preferred.
- Self-starter with the ability to work autonomously with little support.
Education
- Bachelor’s degree in Human Resources, Business, Finance, or related field.
Schedule/Location
A hybrid working model is offered; Monday-Wednesday in office, Thursday/Friday from home. Office locations are: 500 E John Carpenter Fwy, Irving, TX and 1010 N University Parks Drive, Waco, TX.
Benefits
Check out our benefits offerings here: Neighborly | Benefits Guide
Financial Benefits
Equity and bonus opportunities.
Equal Opportunity Employer
We are dedicated to providing a work environment free from discrimination and harassment, and where employees are treated with respect and dignity and encouraged to be their authentic self.