Jobs · Human Resources · Massachusetts

Compensation Manager, North America

New Balance · Lawrence, MA · 2 wk ago
Human Resources$122k–$158k/yrFull-time

Major Accountabilities

  • Designs, recommends, and administers compensation programs that address the strategic needs of the region, delivering innovative and customized solutions that reflect the unique dynamics of the diversified workforce.
  • Serves as the strategic advocate for the region, ensuring regional insights and priorities inform and influence COE frameworks, policies, and practices.
  • Designs and maintains compensation structures for the region, ensuring alignment with global frameworks while addressing local market realities.
  • Maintains and interprets market trends, evaluating external competitiveness and providing insights that guide regional compensation strategy and decision-making.
  • Provides expert consultation to regional stakeholders, sharing best practices and building trusted, service-oriented partnerships with HR and business leaders.
  • Advises HR on compensation governance, new hire offers, promotions, market analyses, pay equity considerations, and other compensation initiatives, ensuring alignment with the company’s compensation philosophy.
  • Supports the development and delivery of compensation education and training for HR and business leaders to enhance understanding and adoption of compensation programs.
  • Furthers work in the pay transparency space.
  • Ensures ongoing compliance with all applicable regulatory requirements, proactively identifying risks and maintaining standards of accuracy and governance.
  • Collaborates with regional benefits specialists to ensure a competitive total rewards strategy that aligns with company expectations.

Requirments for Success

  • Bachelor’s degree with 8+ years of total rewards experience required.
  • Strong experience with compensation programs and practices.
  • Pursuit of Certified Compensation Professional (CCP) designation preferred.
  • Proven analytical and problem-solving skills and high attention to detail with large data sets. Ability to draw trends from data and propose creative solutions.
  • Proven ability to manage complex projects and influence cross-functional teams.
  • Strong written, verbal, and graphic communication skills including the ability to effectively translate data to varying audiences.
  • Ability to thrive in a fast-paced, team-oriented environment.
  • Must be flexible in an ambiguous environment.
  • Must handle sensitive, confidential matters and situations with maturity and discretion.
  • Knowledge of government regulations as they apply to base and incentive pay programs.

Benefits

Boston, MA Headquarters - (NB) Only Pay Range: $122,100.00 - $157,500.00 - $192,900.00 Annual (actual base pay varying based upon, but not limited to, relevant experience, time in role, internal equity, geographic location, and more.)

Regular Associate Benefits:

  • Comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K.
  • Nontraditional perks such as online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs.
  • Yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave.

Flexible Work Schedule:

  • New Balance currently works in office three days per week (Tuesday, Wednesday, and Thursday).
  • The company has introduced “Work from Anywhere” (WFA) for four weeks per calendar year.

Equal Opportunity Employer:

New Balance provides equal opportunities for all current and prospective associates to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran, or any other protected status.

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