Partnership Employment has partnered with a growing company in the hospitality industry in Dallas, TX. We are seeking a Manager of Compensation with 5 years of experience for a contract to hire job opportunity. As a Manager of Compensation you will focus on creating a competitive compensation structure and building the company merit and bonus system. The ideal candidate will have a robust background in compensation management and a knack for developing strategies that attract, motivate, and retain top talent, ensuring, fairness and compliance across the organization. Experience with ADP systems is a significant plus, offering the candidate an opportunity to efficiently streamline and enhance our compensation processes. This role will start out in office 5 days a week then will move to a hybrid model once the candidate is up and fully trained.
Key Responsibilities:
Strategic Leadership: Drive the development and execution of compensation strategies that align with the company's objectives, culture, and market trends. Specialize in merit-based pay structures and bonus programs to encourage performance and recognize excellence.
Operational Excellence: Exhibit a hands-on approach in designing and implementing robust systems and processes for administering merit increases and bonus payouts. Ensure these systems are scalable, transparent, and seamlessly integrated with HR and payroll systems. Proficiency in ADP is a plus.
Analytical Rigor: Conduct thorough market research and benchmarking to maintain the competitiveness of the company's compensation packages. Adjust salary structures, bonuses, and incentives based on data-driven insights.
Regulatory Compliance: Guarantee compliance with all legal and regulatory standards in compensation practices. Stay informed about the latest compensation trends and best practices, applying them to keep our strategies current and competitive.
Collaboration and Communication: Work closely with HR colleagues, department managers, and executive leadership, ensuring the compensation strategy aligns with overall company goals and employee satisfaction. Clearly communicate compensation plans to all stakeholders, providing necessary training and support.
Performance Measurement: Develop and monitor key performance indicators to evaluate the effectiveness of compensation programs, leveraging data to inform continuous improvement.
If you are interested in hearing more please apply today!