MANAGER OF COMPENSATION

Company: Dollar Tree Stores
Location: Chesapeake
Posted on: June 22, 2022

Job Description:

Summary:The Manager of Compensation is responsible for the design, implementation, and administration of Dollar Tree's broad-based compensation programs. This role will lead a team responsible for the design, implementation, and communication of the company's compensation programs.

• Manage the Company's compensation programs, including base pay administration and variable compensation programs with a focus on the Retail and Distribution divisions
• Lead a team of Compensation professionals supporting the Retail and Distribution divisions
• Lead the participation and analysis of external salary surveys and market pricing of roles to ensure the Company is providing competitive pay to Associates
• Responsible for maintaining and updating the Company's salary structures based on external survey analysis
• Work with business partners to accurately benchmark new and existing roles and creating job descriptions
• Evaluate the effectiveness of compensation programs and make recommendations for enhancements that deliver on Dollar Tree's commitment to pay for performance
• Collaborate with all areas of the business to assist with the design, implementation, and communication of incentive plans that reward Associates for delivering desired business results
• Manage the Company's incentive calculation system (Varicent ICM) and identify opportunities for development to improve administration processes
• Manage the relationship with third-party administrator and broker for LTI plans
• Support all compensation components of the annual performance process, including, merit planning, bonus administration, and administration of LTI awards for all Associates
• Create compensation education materials to increase Associate understanding and engagement
• Participate in special projects related to compensation programs or systems on an as-needed basis
• Ensure all programs comply with applicable federal, state, and local legislation
• Compensation experience in a retail or Supply Chain organization preferred
• Experience with retail or sales compensation preferredMinimum Requirements:Bachelor's degree (BA / BS / BFA) or equivalent3 to 5 years experience in CompensationComputer Skills: Microsoft Word, PowerPoint, Excel; Showcase Query (SQL); Incentive Compensation Management tools (Varicent), Lawson ERPPrior Management experience Preferred Requirements:Certified Compensation Professional#LI-HW1

Keywords: Dollar Tree Stores, Chesapeake , MANAGER OF COMPENSATION, Executive , Chesapeake, Virginia