Compensation project manager
Prefer someone local to Cambridge area for Hybrid Onsite work
Job Description
We are seeking a detail-oriented and strategic Compensation Projects Manager (Contractor) to support the Compensation and People Analytics function in executing key components of the annual compensation cycle and performance management processes. This role will also contribute to year-end awards planning and partner with Talent Acquisition to support offer development.
The ideal candidate will possess strong analytical skills, experience with compensation systems, and the ability to manage cross-functional projects in a fast-paced environment. Additionally, the successful candidate has demonstrated the ability to balance the science of compensation with the art of motivating and driving engagement while partnering with employees, managers, team members, and senior leaders to attract, retain, and engage talent.
What will you do?
Compensation Cycle Execution
- Configure and maintain the Oracle compensation planning tool to support annual planning.
- Prepare and deliver training materials for managers participating in the compensation cycle.
- Audit compensation recommendations for accuracy and alignment with guidelines.
- Track compensation budgets and prepare roll-up summaries for leadership review.
- Support communication efforts during the compensation cycle.
- Collaborate with Finance to ensure accurate payout of all compensation awards.
Performance Management Support
- Develop Power BI tools to facilitate performance calibration sessions.
- Assist in translating performance ratings into compensation outcomes.
- Partner with HR Business Partners to provide process support and guidance.
Year-End Awards Planning
- Serve as a core member of the planning team for year-end awards.
- Facilitate the nominations collection process and curate submissions for leadership review.
- Coordinate event planning for the awards ceremony, including logistics and execution.
Talent Acquisition Partnership
- Collaborate with the Talent Acquisition team to support recruiting efforts.
- Partner on offer development to ensure alignment with compensation strategy and market data.
Survey Participation
- Participate in compensation surveys as needed.
- Manage benchmarking data in Payfactors, the compensation management tool.
Minimum Qualifications
- Bachelor's degree in Human Resources, Business Administration, or related field; advanced degree preferred.
- 4+ years of experience in compensation, HR operations, or related roles.
If you are interested or have any references please share resume at [email protected].
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