Compensation Manager

Company: Dollar Tree
Location: Chesapeake
Posted on: June 24, 2022

Job Description:

Job Description

Summary:

The Manager, 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 preferred

Minimum Requirements:

Bachelor's degree (BA / BS / BFA) or equivalent

3 to 5 years experience in Compensation

Computer Skills: Microsoft Word, PowerPoint, Excel; Showcase Query (SQL); Incentive Compensation Management tools (Varicent), Lawson ERP

Prior Management experience

Preferred Requirements:

Certified Compensation Professional

Job Description

Summary:

The Manager, 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 preferred

Minimum Requirements:

Bachelor's degree (BA / BS / BFA) or equivalent

3 to 5 years experience in Compensation

Computer Skills: Microsoft Word, PowerPoint, Excel; Showcase Query (SQL); Incentive Compensation Management tools (Varicent), Lawson ERP

Prior Management experience

Preferred Requirements:

Certified Compensation Professional

Keywords: Dollar Tree, Chesapeake , Compensation Manager, Human Resources , Chesapeake, Virginia