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
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