Manager - Compensation

Posted on Jan 21, 2019 by Revantage Corporate Services

Chicago, IL 60606
Senior Appointments
Immediate Start
Annual Salary
Full-Time

US-IL-Chicago

Job ID 2
Category Human Resources

With a focus on exceptional service delivery to multiple Blackstone Real Estate Portfolio Companies, the Manager - Compensation will serve as a subject matter expert for internal partners on compensation programs and paying for performance. The Manager - Compensation will play a lead role in developing compensation structures and programs for Revantage and the portfolio companies we support. This role will also administer compensation programs, policies, and procedures.

As the Manager - Compensation, one is held accountable to, however not limited to, the following job functions:
  • Lead the evaluation and development of compensation structures for the various portfolio companies.
  • In partnership with the Director-People Operations and People & Culture Business Partners, assist with the design analysis on new compensation programs including salary structure design and job title schemes.
  • Lead the year-end compensation pay planning process.
  • Assist with the onboarding of new portfolio companies by analyzing their current compensation structure and aligning it with our pay for performance philosophy.
  • Evaluates and analyzes salary data, determines pay grades, and conducts or participates in compensation surveys.
  • Implement and maintain competitive salary ranges.
  • Responsible for maintenance of the compensation planning tool.
  • Conducts reporting and analysis on compensation practices to identify and strategize gaps and/or future needs.
  • Partner with the People & Culture Business Partner and Talent Attraction to identify compensation mix for new roles. Ensures the compensation program enhances the organization's ability to recruit and retain employees through market pay analysis.
  • Conduct job evaluations and recommends compensation mix in line with the company's pay philosophy.
  • Maintain job description database, job family, and job title schemes.
  • Assist in identifying new HR needs and the software products to fulfill these needs.
  • May perform a variety of HR administrative tasks including corporate compensation plans and programs.


REQUIRED QUALIFICATIONS:
  • A minimum of seven years of compensation experience, including experience in short term incentive and long term incentive pay.
  • Experience in implementing compensation tools and software.
  • Very strong interpersonal skills and the ability to build relationships with stakeholders, including team members, management, external parties.
  • Self-motivated with the ability to excel and be flexible in fast-paced, ever changing environments.
  • Advanced Excel skills.
  • Demonstrated analytical and problem-solving skills.
  • Extensive knowledge of applicable state and federal employment and labor laws in relation to pay practices.
  • Must be discrete and maintain the highest confidentiality with extremely sensitive data.
  • Candidate should have knowledge of commonly-used concepts, practices, and procedures within Human Resources including compliance and regulatory requirements.

PREFERRED QUALIFICATIONS:
  • Bachelor's Degree in Business, Human Resources, or related field.

Reference: 614988638

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