2U

Compensation Manager

2U

full-time

Posted on:

Location Type: Remote

Location: Virginia • United States

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Salary

💰 $140,000 - $155,000 per year

About the role

  • The Compensation Manager ensures that pay structures and incentive plans are aligned with Company philosophy to attract, retain and engage top talent.
  • Oversee and maintain components of the compensation framework, such as job architecture, salary structures, etc.
  • Lead the annual compensation review process and compensation planning process for merit, bonus, and promotion with program design, system preparation, testing, training, budget reporting, communications and analytical support.
  • Conduct job evaluations and market reviews plus make recommendations that are equitable and competitive.
  • Participation in relevant compensation surveys and maintain survey data in the compensation evaluation software.
  • Serve as a strategic compensation partner to senior leadership, HR leaders, and the business, acting as a subject matter expert to ensure alignment on compensation practices, programs, policies, budget, and strategy.
  • Partner with the Communications and Learning & Development teams to create and distribute effective materials that enhance the understanding and value of the compensation programs.
  • Ensure compliance with SOX, internal policies, global and local labor laws.
  • Develop and lead training for managers and the broader HR Team on compensation concepts and processes.
  • Manage Pay Equity analysis, FLSA determination.
  • Manage data integrity in the HRIS and compensation systems.
  • Train, coach, mentor, and collaborate with global compensation team members.
  • Help drive process improvements, including automation initiatives and leveraging AI tools in compensation programs.
  • Manage vendors for compensation systems.
  • Perform other duties as assigned.

Requirements

  • Bachelor’s Degree in Mathematics, HR, or other related field of studies
  • A minimum of 6+ years of experience in an HR leadership and Compensation role.
  • Experience managing and/or supporting annual merit and bonus cycles in a complex, global organization
  • Strong analytical skills, with the ability to analyze market data and make informed decisions.
  • Strong interpersonal and communication skills with the ability to work with individuals at all levels.
  • Sound judgement and confidentiality.
  • Highly organized, detail-oriented, and proactive in identifying and solving challenges
  • Experience in Workday and Payfactors a plus
Benefits
  • Medical, dental, and vision coverage
  • Life insurance, disability, and 401(k) employer match
  • Free snacks and drinks in-office
  • Generous paid holidays and leave policies, including unlimited PTO
  • Additional time off benefits include: volunteer days, parental leave, and a company-wide winter break
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
compensation frameworkjob architecturesalary structurescompensation review processcompensation planningjob evaluationsmarket reviewsPay Equity analysisFLSA determinationdata integrity
Soft Skills
analytical skillsinterpersonal skillscommunication skillssound judgementconfidentialityorganizational skillsdetail-orientedproactive problem solvingtrainingmentoring