The Strategic Compensation Manager / Total Rewards Manager is responsible for designing, implementing, and managing compensation strategies that align with the organization’s business goals, talent strategy, and market competitiveness. This role ensures that compensation programs support employee engagement, retention, and performance, while maintaining compliance with legal and regulatory requirements.
Specific Duties And Responsibilities
Strategic Planning & Design
Develop and refine compensation philosophy and strategy in alignment with organizational objectives.
Lead market benchmarking and compensation surveys to ensure competitive pay practices.
Design and implement salary structures, incentive plans, and executive compensation programs.
Program Management
Oversee annual compensation cycles including merit increases, bonuses, and equity awards.
Manage job evaluation processes and maintain internal equity across roles and departments.
Collaborate with HR Business Partners and Talent Acquisition to support compensation decisions.
Analytics & Reporting
Analyze compensation data and trends to provide insights and recommendations to leadership.
Prepare reports and dashboards for senior management on compensation metrics and effectiveness.
Monitor pay equity and conduct regular audits to ensure fairness and compliance.
Governance & Compliance
Ensure compensation programs comply with local labor laws, tax regulations, and global standards.
Support internal and external audits related to compensation.
Maintain documentation and policies related to compensation governance.
Stakeholder Engagement
Partner with Finance, Legal, and senior leadership to align compensation with budget and risk management.
Educate managers and employees on compensation philosophy and practices.
Serve as a subject matter expert on compensation-related matters.
COMPETENCIES
Core Competencies (Must-have Competencies)
Technical Competency: Knowledge of Compensation programs development, design practices and administration.
Technical Competency: Design strategic compensation proposal and solutions.
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