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