Compensation Manager
Clayton, OH - USA
Job Summary
Become part of the excitement.
As the Compensation Manager you will own the design governance and administration of the compensation policies plans and procedures ensuring compensation decisions consistently reflect the Companys philosophy support business goals and maintain market competitiveness internal equity and compliance.
In this role you will:
- Manage compensation plan practices policies processes and system data to support accuracy integrity consistency and compliance.
- Oversee the design implementation administration and evaluation of compensation programs and recommend changes to ensure alignment with Company objectives and compensation philosophy.
- Develop and lead compensation analyses workforce models and recommendations that support compensation strategy program design business objectives and Compensation Committee decision-making.
- Serve as the organizations primary compensation expert overseeing compensation structures incentives commissions job evaluation and pay practices while ensuring consistent application of the Companys compensation philosophy internal equity market competitiveness and compliance requirements.
- Prepare materials for Compensation Committee of the Board of Directors including summaries of current program design market positioning business considerations and proposed changes.
- Review and analyze merit increase proposals promotional increases market adjustments and related recommendations to ensure consistency with market data budget parameters and the Companys compensation philosophy.
- Review executive compensation data and partner with Legal to finalize reporting for the Compensation Discussion and Analysis section of the annual Information Statement.
- Establish and maintain routine audits of compensation policies practices plan eligibility and system data and provide relevant summaries metrics and recommendations to management.
- Oversee the development of manager tools training resources educational materials and process documentation related to pay practices salary ranges job descriptions incentive plans and management responsibilities.
- Oversee participation in submission of and analysis of salary surveys and recommend updates to compensation policies structures and practices as appropriate.
What you bring to the table:
- Minimum of 8 years of progressive Human Resources or compensation experience including a solid understanding of compensation theory plan design market analysis job evaluation and compensation administration
- Four-year degree in Human Resources Business Finance or a related field
- Certified Compensation Professional (CCP) preferred
- Experience supporting Compensation Committee or Board-level materials preferred
- Experience developing compensation models salary structures incentive plans and pay governance frameworks preferred
- Knowledge of compensation-related government compliance and regulations
- Knowledge of compensation plan structure and design principles
- Knowledge of quantitative analysis financial modeling and data interpretation techniques
- Knowledge of HR systems compensation systems and Microsoft Office applications with strong proficiency in Excel
- Leadership and supervisory skills
- Excellent oral and written communication skills
- Collaboration influencing advisory and stakeholder management skills
- Mathematical statistical and compensation modeling skills
- Analytical problem-solving and decision-support skills
- Strong organizational prioritization and project management skills
- Ability to work independently in a fast-paced environment and handle multiple competing priorities
- Ability to work cooperatively with others
Compensation Details: The expected starting rate of pay for this position is $105978 annually depending on position is also incentive eligible based on specific and relevant business metrics.
Working Conditions
Office environment.
This job description is intended to describe the general nature and level of work performed by individuals occupying this position of employment. It is not intended to be construed as an exhaustive list of all duties responsibilities and skill required of all individuals assigned to this job title. Management reserves the right to modify all or part of this job description at its discretion in order to meet location requirements staffing levels and/or any other needs of the business. All of the essential functions of the job as defined by the Americans with Disabilities Act and/or equivalent state law may not have been described. All requests for reasonable accommodation(s) will be reviewed and evaluated on a case-by-case basis.
TheValue of Graybar:
At Graybar we are known for our comprehensive benefits and our employee stock ownership plan! Most regular full-time employees at Graybar may be eligible for a variety of benefits like:
Multiple plan options for Medical Dental Visionand Prescription Drugbenefits.
Life Insurance coverage for you and options for your family.
Save on expenses with Flexible Spending Accounts.
Enjoy our Disability Benefitsat no cost to you.
Share in our success with Profit Sharing Plans.
401(k) Savings Planwith company match to help secure your future.
Paid Vacation& Sick Daysto spend time away from work or in case of an illness.
Rest and recharge during our Paid Holidaysthroughout the year.
Take advantage of our Paid Wellness Dayto focus on preventive care and prioritize your health.
Volunteer with Community Time Offto give back to the community.
Predictable Work Schedulesto plan your life: no weekends or nights for most roles.
Celebrate your and others achievements with our Employee Recognition Program.
Reach your career goals with our Educational Reimbursement and Career Development Programs.
And More Perksthat support your well-being and career growth.
Benefit eligibility may vary across locations and roles so be sure to check in with your recruiter for more information.
Why should you join Graybar
At Graybar our employees are the heart and soul of our company. We believe that employees with diverse perspectives bring the ideas and innovative thinking we need to solve our biggest challenges and compete in an ever-changing world. Consistent with our values we welcome people from all backgrounds cultures and experiences into our company because we believe its the right thing to do and the right way to run our business.
We want each of our employees to know that they matter and to feel a sense of belonging ownership and inclusion at Graybar. We believe that everyone should be treated with dignity and respect and we work to build a collaborative environment where our employees have the opportunity to grow learn and make a difference both as individuals and as part of the team.
Apply now and find out whats next for you.
Equal Opportunity Employer/Vet/Disabled
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Required Experience:
Manager
About Company
Graybar is a leading North American distributor of high-quality electrical, communications, and data networking products, specializing in related supply chain management and logistics services.