Job Description

Senior Manager, Compensation

locations

Remote

time type

Full time

job requisition id

R-106882

Job Posting:

The Senior Manager, Compensation will support the compensation program design and strategy enterprise wide. The focus of this role is on the company’s 32,000+ associates across the United States. This role will report into the Director, Compensation.

The position will help advance an approach to reward and recognition programs that are both innovative and consistent with the company’s total rewards philosophy, talent strategy, and core values.

Ideally, this person will come from a fast-paced environment with a strategic mentality and an orientation toward analytics. They will be comfortable within a growing, somewhat ambiguous organizational structure and can deal with modern compensation issues like career frameworks and remote working.

Location:

This role has been approved for remote work.

Key Accountabilities:

  • As a member of the Total Rewards Center of Excellence, support the strategy, design, and policy development of broad-based compensation and incentive programs which include career framework, job architecture, position evaluation, salary structures, merit matrices, reward structure, market pricing studies, and recognition program.
  • Lead and be responsible for the Ferguson recognition program ensuring the program supports a culture of recognition and engagement and is aligned with the business needs.
  • Be responsible for the job evaluation process including the strategy, methodology and process.
  • Partners with functional and customer group management to provide advice and guidance to management and key leaders on organization design, pay decisions, policy interpretations, and job evaluations.
  • Partner with HR Operations team to lead the year-end compensation process, including the merit budget development, planning guidelines, and overall communication strategy and approach.
  • Assesses the effectiveness of existing compensation programs and recommends changes to ensure alignment with compensation trends and organizational objectives.
  • Responsible for a variety of other compensation-related programs and research activities such as functional alignment projects.
  • Leads in the development and implementation of innovative education, tools, guidelines, and communication approaches to promote understanding and awareness.
  • Build relationships with consultants, vendors, and suppliers to ensure satisfactory standards of service.

Qualifications:

  • Experience developing and implementing compensation strategies and plans for a large, diverse workforce that includes a mix of exempt and non-exempt associates.
  • Experience in the design of reward and recognition programs including development of reward structures, salary ranges, incentive plans, and recognition programs.
  • Knowledge of various laws and regulations pertaining to compensation including the Fair Labor Standards Act (FLSA).
  • Experience consulting and advising senior leaders on related matters is strongly preferred.
  • Bachelor’s degree in a relevant discipline is required (e.g., business, human resources, finance/accounting).
  • Master’s degree in Business Administration (or another relevant field) and/or professional certification is preferred (e.g., Certified Compensation Professional – CCP).
  • 7 or more years of progressively responsible experience is strongly preferred.
  • An improvement attitude, including the ability to use technology and automation to be efficient.
  • Exceptional communication skills.
  • The ability to build relationships and work optimally with leaders and partners at all levels.
  • Proven initiative to investigate and resolve problems efficiently and collaboratively; ability to anticipate future trends/consequences and create innovative approaches.
  • Strong organizational skills with the ability to lead multiple projects and analyses in a timely fashion.
  • Excellent skills in data analytics, project management, independent decision making, critical thinking, learning, agility, and building solid team relationships.
  • Role requires occasional travel to the company’s East Coast Headquarters in Newport News, VA.

APPLY HERE