Compensation Manager jobs in Colorado

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)

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Manager, Compensation
  • Western Union
  • Denver, CO FULL_TIME
  • Manager, Compensation - Denver, Colorado

    Are you ready to offer up your skills to a worldwide company committed to making financial services accessible to people everywhere? Are you looking to build a career with great impact in an inclusive and high-performing organization? Join Western Union as a Manager, Compensation!

    Western Union powers your pursuit

    The Manager, Compensation covers over 2,000 Western Union colleagues spanning across the US, Canada, and the Americas and is responsible for the analysis of and administration for compensation programs for all Western Union business units/locations operating within the region. This role is based in Denver and reports to the Director, Global Compensation. The Manager acts as a functional advisor and will partner with the HR leaders in the region to develop and implement system-wide compensation programs under the guidance of the overall company philosophy. This role requires innovation, excellent communication and relationship management with a heavy emphasis on compensation management.

    Responsible for participating in the design, development and implementation of policies and programs of the Compensation function. Ensures programs are internally consistent and standardized, externally competitive, fiscally responsible, and are consistent with the strategic direction of the overall compensation philosophy. Provides guidance in the planning, organizing, developing, implementing and evaluation of region-wide Compensation policies, practices, and procedures, in accordance with applicable contracts, laws, system and institutional policies and procedures. Acts as a consultant to HR Partners and Line Managers regarding all aspects of pay issues, including compensation program design and evaluation, ad hoc market analysis, jobs evaluation, etc.

    The incumbent will be participating in program design with HR peers as well as with corporate compensation experts. Moreover, s/he will work closely with the corporate compensation team on global projects and also to ensure appropriate consistency across the region.

    Role Responsibilities

    • Conducts an annual benchmarking review, leveraging data from survey sources to determine internal and external competitiveness.
    • Utilizes data-driven insights and comprehensive analytics to recommend and implement best practices in the development, administration, and implementation of performance-based compensation programs.
    • Designs and delivers ad hoc compensation analyses for the People Team and the business, focusing on actionable insights.
    • Takes a leadership role in delivering the global annual compensation planning process (annual review base pay, bonus, equity awards)
    • Manages the development of dynamic salary structures and provides market pricing recommendations to ensure competitiveness.
    • Evaluates and market prices each role within the Regional area responsible throughout the year, ensuring accurate job matches, salary ranges are market competitive and aligned with market
    • Enhances market knowledge by actively participating in wage surveys and spot-surveys, staying updated on industry compensation trends.

    Role Requirements

    • Minimum of eight to ten years of progressively increasing Compensation design and management experience.
    • Must have experience in successfully assessing, developing, and implementing the principals of compensation in an organizational setting, exercising responsibility in monitoring and complying with local regulations, compensation/benefits administration, and communication.
    • Requires a high level of interpersonal communication skills to be able to work and assist managers and employees throughout the Region as well as influence senior leaders. In-depth knowledge of compensation within the region is critical.
    • Bachelor's degree or equivalent commercial education as well as a CCP or GRP certification or equivalent required.

    We make financial services accessible to humans everywhere.Join us for what's next.

    Western Union is positioned to become the world's most accessible financial services company -transforming lives and communities. We're a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

    Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You'll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you're ready to help drive the future of financial services, it's time for Western Union. Learn more about our purpose and people at

    Salary

    The base salary range is $100,000-140,000 USD per year, total on target compensation includes a base salary and short-term incentives that align with individual and company performance. Actual salaries will vary based on candidates' qualifications, skills, and competencies

    Benefits

    You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few (). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

    Your United States - Specific Benefits Include

    • Family First Program
    • Time off
    • Medical, Dental and Life Insurance
    • Student Loan Repayment Program
    • Tuition Assistance Program
    • Parental Leave

    Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.

    Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.

    We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

    #LI-JS4

    Estimated Job Posting End Date:

    03-25-2024

    This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.

     

  • 24 Days Ago

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Senior Manager, Compensation
  • CoBank
  • Greenwood, CO FULL_TIME
  • Benefits OverviewA career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a differe...
  • 9 Days Ago

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Senior Manager Compensation
  • Denver Public Schools
  • Denver, CO FULL_TIME
  • OFFICE OF TALENT Traditional 235 work days per yearFTE: 1.0Salary Range: $96,340 - $117,998 **Please note: Applications will be received until March 26, 2024. If the position is not filled by then, we...
  • Just Posted

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Senior Compensation Manager
  • Checkr
  • Denver, CO FULL_TIME
  • About the team We are seeking a Senior Compensation Manager to help us attract, retain, and motivate the best talent by providing analysis, consultation, and insight for compensation and total rewards...
  • 24 Days Ago

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Manager / Director, Compensation & Benefits Consulting
  • Alvarez & Marsal
  • Greenwood, CO PART_TIME
  • DescriptionPrimary Responsibilities Include:Complete complex compensation projectsProvide compensation and business advice in regards to complex transactionsProvide competitive market data, quantitati...
  • 9 Days Ago

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Senior Manager, Global Sales Compensation
  • BEDI Partnerships
  • Denver, CO FULL_TIME
  • This hybrid position requires two days per week in our Denver office. About you You’re a collaborative, data-driven, and creative problem-solver who loves diving into the details. You thrive in dynami...
  • 20 Days Ago

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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

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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

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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

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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

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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

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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

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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

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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

Colorado (/ˌkɒləˈrædoʊ, -ˈrɑːdoʊ/ (listen), other variants) is a state of the Western United States encompassing most of the southern Rocky Mountains as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains. It is the 8th most extensive and 21st most populous U.S. state. The estimated population of Colorado was 5,695,564 on July 1, 2018, an increase of 13.25% since the 2010 United States Census. The state was named for the Colorado River, which early Spanish explorers named the Río Colorado for the ruddy silt the river carried from the mountains. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compensation Manager jobs
$136,165 to $181,221

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