The Manager, Compensation will assist in the development, implementation, communication and administration of the company’s compensation programs in order to attract, retain, and motivate talent. Responsible for the development, implementation and administration of various compensation programs and processes, including but not limited to base pay administration, market pricing, job family architecture, annual incentive plans, and the annual year-end compensation cycle.
Hybrid Work Schedule: consists of reporting to our Manhattan office (3) days per week located at 100 Church Street, NYC.
Scope of Responsibilities:
Conducts job evaluations and salary surveys & annual pay equity study, establishing salary structures, developing salary budgets, and preparing policies and procedures to ensure the achievement of equitable and competitive employee compensation plans/programs.
Designs and maintains the company’s framework for the job family architecture structure.
Assess competitive market trends; proactively determine gaps to market and presents recommendations to senior management. In addition will assist and guide HR/business leaders regarding salary increase and bonus award recommendations. As well as new hire offers, promotion and/or market adjustments.
Maintains a working knowledge of US federal and state legislation and labor laws that may affect compensation policies.
Facilitates with the management and administration of the annual bonus administration process and other compensation policies and programs.
Will assist in preparing certain materials for the year-end compensation process, including, final year-end recommendations and any ongoing program changes for merit, incentive, and bonus and equity programs for salary planning.
Manages the process for the annual market data collection and analysis processes and develops a system to report salary ranges.
Overseeing all aspects of compensation planning to include system readiness, communication, and budget proposals.
Conducts ongoing research for improving effectiveness of compensation plans as it relates to market competitiveness to attract and retain employees.
Will serve as a main point of contact with external survey and other related vendors.
Conducts annual Pay Equity study.
Provides consultation and guidance to HR Business Partners & business leaders on market data & trends
Assists in other duties as assigned.
Must have a Bachelor’s degree
Prior experience working in either a compensation or benefits department; managing a function
Prior experience with salary administration including determining pay grades and analyzing survey data
Exposure to the development and implementation of benefits programs
Familiarity with federal and state regulations with respect to FLSA
Intermediate Word, Excel, and Outlook skills
Prior Workday experience
Experience with MarketPay
Certified Compensation Professional (CCP) WorldatWork
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants and employees are considered for positions and are evaluated without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, age, genetic information, military or veteran status, marital status, mental or physical disability or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.
If you have a disability under the Americans with Disability Act or a similar law and want a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to careers@Healthfirst.org or calling 212-519-1798 . In your email please include a description of the accommodation you are requesting and a description of the position for which you are applying. Only reasonable accommodation requests related to applying for a position within Healthfirst Management Services will be reviewed at the e-mail address and phone number supplied. Thank you for considering a career with Healthfirst Management Services.
EEO Law Poster and Supplement
All hiring and recruitment at Healthfirst is transacted with a valid “@healthfirst.org” email address only or from a recruitment firm representing our Company. Any recruitment firm representing Healthfirst will readily provide you with the name and contact information of the recruiting professional representing the opportunity you are inquiring about. If you receive a communication from a sender whose domain is not @healthfirst.org, or not one of our recruitment partners, please be aware that those communications are not coming from or authorized by Healthfirst. Healthfirst will never ask you for money during the recruitment or onboarding process.
Greater New York City Area (NY, NJ, CT residents): $98,400 - $142,205
All Other Locations (within approved locations): $84,400 - $125,545
As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.
In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.
*The hiring range is defined as the lowest and highest salaries that Healthfirst in “good faith” would pay to a new hire, or for a job promotion, or transfer into this role.