Assistant Manager of Compensation

Overview

Assistant Manager of Compensation

*This role is Hybrid in Irvine, CA. Candidates must already live in the area. 

*Salary range is $85,000 – $95,000K

*This role requires a Bachelor’s Degree and 6+ years 

*We are NOT accepting candidates who need employment sponsorship now or in the future.

 

SUMMARY 

Our global automotive team is looking for an Assistant Manager of Compensation to focus on the delivery of analysis, recommendations, and programs in support of compensation. You will play an integral role in decision making, ongoing strategy, and operations for our growing brand. This role will include forecasting equity utilization, managing and reporting on annual processes, evaluating programs against market, participating in relevant surveys, assisting with preparation of materials for senior leadership and detailed analysis of all aspects of employee compensation.
 

RESPONSIBILITIES

Primary:

• Administer and manage various compensation programs, including base salary, bonuses, incentives, and other benefits.

• Revamp company compensation philosophy.

• Ensure that compensation programs and processes adhere to compensation policy and philosophy.

• Designs and administers base, bonus, and merit pay programs in response to market trends and company needs.

• Analyzes job data and recommends pay grade slotting and compensation packages (new or redefined positions).

• Reviews and maintains competitive pay grades and recommends adjustments to salary and hourly employee salary grids.

• Participates in ongoing compensation and benefits surveys.

• Develops highly efficient and effective total compensation processes and policies that ensure compliance with regulatory  requirements.

• Communicate compensation policies and programs to employees in a clear and transparent manner.

• Provide guidance and support during salary negotiations for new hires or existing employees.

• Collaborate with recruitment teams to ensure competitive and attractive job offers.

• Ensure total comp remains competitive and aligned with organizational objectives.

Secondary:

• Develop and manage executive compensation programs in collaboration with management.

• Submits annual reporting as required by state and federal guidelines.

• Special projects as assigned.

• Ad hoc reporting as requested.

• Forecast future compensation trends and propose adjustments as needed.

REQUIRED SKILLS & EXPERIENCE

• Excellent interpersonal and technical support skills

• Exceptional analytical skills with ability to interpret data, detect trends, draw conclusions and formulate recommendations for leadership and team

• System implementation experience

• Ability to effectively prioritize tasks and work efficiently in a fast-paced environment

• Compensation management: planning, building, and implementation  

• Familiarity with US compliance practices (FLSA, OFCCP, etc)

• Advanced Microsoft Excel 

EDUCATION

• Bachelor’s Degree

• 6+ years of experience in related field (Accounting/Finance/Business Management/HR)

• Certification in compensation, and HR, preferred

COMPENSATION

$85,000 – $95,000 per year (Subject to Compensation Study Upon Candidate Selection)

BENEFITS  

• Medical / Vision / Dental Insurance

• Health Care & Dependent Care Flexible Spending Accounts (FSA)

• Basic Life and AD&D as well as Short-Term & Long-Term Disability

• Paid Vacation, Holidays, and Sick leave

• Pet Insurance

• Hospital and Critical Illness Insurance

• Wellness Program and Gym Reimbursement*

• 401(k) with match

• Auto Allowance

• Team Building Activities

PHYSICAL REQUIREMENTS

• Ability to sit in front of a desk and/or in front of the computer for long periods

• Repetitive use of hand/grasping product, writing, and typing

• Lift up to 20lbs

• Carry up to 20lbs

• Stand/walk

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job.