Sample Job Description for Compensation Team Leader

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Compensation Team Leader Job Overview

Compensation Team Leader Job Description Sample

Supervises a team working on compensation plans and programs and related analysis.

JOB LEVEL
M01
EDUCATION/DEGREE
Bachelor's Degree
REPORTS TO
Manager
Salary Range
BASE 50%
$130,000
TOTAL 50%
$137,200
Job Responsibilities for Compensation Team Leader

Oversees common compensation projects, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Ensures that compensation plans and programs are consistent with organizational policies and all applicable federal and state laws. Maintains salary structures and company compensation policies. Responsible for survey participation and compensation analysis.

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Job Title Job Description
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3 Manager Global Compensation The Manager Global Compensation manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, and associated analysis. Leads the development, implementation, and administration of compensation programs, policies, and procedures. Being a Manager Global Compensation requires a bachelor's degree. Ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. In addition, Manager Global Compensation typically reports to head of a unit/department. The Manager Global Compensation 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. Extensive knowledge of department processes. Working as a Manager Global Compensation typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.
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5 Director Global Compensation The Director Global Compensation oversees the collection of wage, salary, and incentive survey data to ensure the organization's compensation programs/objectives are competitive. Directs, designs, and plans compensation policies, objectives, and initiatives. Being a Director Global Compensation ensures compensation programs remain within budgetary constraints. Plans and administers long and short-term equity programs and executive programs that drive company performance and comply with laws and regulations . In addition, Director Global Compensation oversees messaging to employees to promote clarity and reinforce the value of compensation programs. Keeps abreast of regulatory, market, and practice changes and trends. Champions timely and robust data collection and analysis processes that support research and market, pay equity, and other compensation studies. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to top management. The Director Global Compensation manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Director Global Compensation typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

Compensation Team Leader Skills & Proficiency Level

Skills Proficiency Level
Budgeting Level 4
Planning and Organizing Level 3
Project Management Level 3