Compensation Manager jobs in Michigan
Compensation Manager leads the development, implementation, and administration of compensation programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Manager ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. Directs data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Manager requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compensation Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Compensation Manager jobs
Global Executive Compensation Manager
- Aptiv
-
Troy, MI
FULL_TIME
-
Job Summary:
As the Manager of Executive Compensation at Aptiv, you will lead the development, implementation, and oversight of executive compensation programs. This role is pivotal in ensuring that Aptiv's executive compensation strategies align with business objectives and remain competitive in the market.
Key Responsibilities:- Develop and execute comprehensive executive compensation strategies in collaboration with senior leadership and the Total Rewards team.
- Lead the administration of executive compensation programs, including base salary, annual incentives, long-term incentives, and executive benefits.
- Oversee the evaluation and benchmarking of executive compensation against industry standards and market trends to ensure competitiveness and alignment with Aptiv's pay philosophy.
- Partner with HR, Finance, Legal, and other relevant stakeholders to ensure compliance with regulatory requirements and corporate governance principles.
- Manage the annual executive compensation review process, including performance assessment, merit increases, and equity grants.
- Lead the preparation of executive compensation recommendations to the Compensation Committee of the Board of Directors.
- Provide guidance and support to senior management on executive compensation matters, including offer negotiations, retention strategies, and talent management initiatives.
- Lead administration of equity incentive program on Fidelity stock plan platform
- Drive continuous improvement initiatives to enhance the effectiveness and efficiency of executive compensation programs and processes.
- Stay abreast of emerging trends and best practices in executive compensation, and recommend adjustments to Aptiv's programs as necessary.
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. Advanced degree or professional certification (e.g., Certified Compensation Professional) preferred.
- Minimum of 5 years of progressive experience in executive compensation, preferably with 1-3 years in a managerial or leadership role.
- Deep expertise in executive compensation principles, practices, and regulatory requirements, with a strong understanding of market trends and competitive positioning.
- Demonstrated experience in designing and implementing executive compensation programs that drive organizational performance and support talent retention and engagement.
- Strong analytical skills, with the ability to interpret complex data, conduct benchmarking analyses, and develop actionable insights and recommendations.
- Excellent communication and presentation skills, with the ability to effectively communicate executive compensation concepts and recommendations to senior leaders and external stakeholders.
- Strong project management skills, with the ability to manage multiple priorities and deliver results in a fast-paced environment.
- High level of integrity, professionalism, and discretion
- You can grow at Aptiv. Aptiv provides an inclusive work environment where all individuals can grow and develop, regardless of gender, ethnicity or beliefs.
- You can have an impact. Safety is a core Aptiv value; we want a safer world for us and our children, one with: Zero fatalities, Zero injuries, Zero accidents.
- You have support. We ensure you have the resources and support you need to take care of your family and your physical and mental health with a competitive health insurance package.
- Private health care effective day 1 of employment
- Life and accident insurance
- Paid Time Off (Holidays, Vacation, Designated time off, Parental leave)
- Relocation assistance may be available
- Learning and development opportunities
- Discount programs with various manufacturers and retailers
- Recognition for innovation and excellence
- Opportunities to give back to the community
- Tuition Reimbursement
- Adoption Assistance
- Fertility Coverage
Privacy Notice - Active Candidates: https://www.aptiv.com/privacy-notice-active-candidates
Aptiv is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual orientation, disability status, protected veteran status or any other characteristic protected by law.
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Workers' Compensation and Safety Manager
- Amy Cell Talent
-
Ann Arbor, MI
FULL_TIME
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Manager, Executive Compensation
- Edwards Lifesciences LLC
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Remote, MI
FULL_TIME
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Incentive Compensation Governance Manager
- Comerica Bank
-
Farmington, MI
FULL_TIME
- Incentive Compensation Governance Manager Summary The Incentive Compensation Governance Manager will be responsible for implementing, managing and maintaining governance and oversight programs in resp...
- 21 Days Ago
Compensation and Benefits Manager
- Filson
-
Detroit, MI
FULL_TIME
- Title: Compensation and Benefits Manager Reports to: VP HR Direct Reports: 0 Bedrock Manufacturing Company, the parent company of Filson and Shinola, is seeking a dynamic and experienced Compensation ...
- 1 Month Ago
Compensation and Benefits Manager
- Shinola
-
Detroit, MI
FULL_TIME
- Title: Compensation and Benefits Manager Reports to: VP HR Direct Reports: 0 Bedrock Manufacturing Company, the parent company of Filson and Shinola, is seeking a dynamic and experienced Compensation ...
- 1 Month Ago
Compensation Manager jobs at Popular Companies
Compensation Manager
- Fay Servicing
-
Dallas, TX
- The Fay Group originated in 2008, is a full-scale real estate services company that offers mortgage servicing, property ...
- 6/10/2024 12:00:00 AM
Compensation Manager
- Mini-Circuits
-
Brooklyn, NY
- Description Mini-Circuits designs, manufactures and distributes integrated circuits, modules, and sub-systems for high-p...
- 6/10/2024 12:00:00 AM
Compensation Manager
- Insight Global
-
Reston, VA
- Position: International Compensation Manager Salary: $130k-$150k + 10% bonus Location: Must sit out of Reston, VA, New Y...
- 6/10/2024 12:00:00 AM
Compensation Manager
- GQR
-
Philadelphia, PA
- Job Overview: As the Compensation Manager, you will be responsible for developing, implementing, and managing our firm-w...
- 6/10/2024 12:00:00 AM
Compensation Manager
- Avail Infrastructure Solutions
-
Suwanee, GA
- ABOUT US AVAIL Infrastructure Solutions provides highly engineered technologies, application-critical equipment, and spe...
- 6/10/2024 12:00:00 AM
Compensation Manager
- Rite-Hite
-
Milwaukee, WI
- Compensation Manager Rite-Hite is the global leader in the manufacture and distribution of industrial loading dock and d...
- 6/8/2024 12:00:00 AM
Compensation Manager
- LaSalle Network
-
Chicago, IL
- LaSalle Network has partnered with a leading arts organization that is seeking a talented individual to join their Human...
- 6/8/2024 12:00:00 AM
Compensation Manager
- HDR
-
Omaha, NE
- At HDR, our employee-owners are fully engaged in creating a welcoming environment where each of us is valued and respect...
- 6/8/2024 12:00:00 AM
About Michigan
Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th parallel north runs through the state—marked by highway signs and the Polar-Equator Trail—along a line including Mission Point Light near Traverse City, the towns of Gaylord and Alpena in the Lower Peninsula and Menominee in the Upper Peninsula. With the exception of two small areas that are drained by the Mississippi River by way of the Wisconsin River in the Upper Peninsula and by way of the Kankakee-Illinois River in the Lower Peninsula, Michigan...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compensation Manager jobs
$131,760 to $175,358
Most Popular Cities in Michigan for Compensation Manager Jobs
What does a Compensation Manager do?
Compensation Manager in Honolulu, HI
This includes supporting the development, implementation, communication and administration of innovative compensation programs and policies.
January 27, 2020
Compensation Manager in Lowell, MA
Accountable for the support and administration of executive compensation programs and base pay management for approximately 550 corporate employees.
February 05, 2020
Some compensation managers have a master degree in human resources or compensation management.
February 19, 2020
Compensation Manager in San Antonio, TX
A good compensation manager develops salary and benefits packages that will draw the best applicants to available positions.
February 16, 2020