Manager, Compensation Projects
Notes from RM intake call: The team is looking for a Compensation Project Manager to act as a hands-on partner to the hiring manager, primarily focused on executing full-cycle compensation processes rather than leading strategy. This role will be heavily involved in performance management and compensation planning, including analyzing ratings, ensuring parity across teams, preparing data for comp planning, testing and validating the Oracle comp planning system, and supporting managers with educational materials and troubleshooting. Additional responsibilities include supporting Year-End Awards and the holiday party, general compensation benchmarking and offer support, and light involvement in benefits open enrollment. The ideal candidate will have at least 4 years of compensation experience, a bachelor’s degree (master’s can offset experience), and strong skills in Excel; experience with Power BI, Oracle, PayFactors, and benchmarking surveys (Radford, Towers Watson) is preferred. The role is hybrid (2–3 days in Cambridge, but fully remote possible) and is expected to last through the end of 2026, with flexibility in compensation for strong candidates. The interview process will likely include 2–3 rounds with a small panel of HR and leadership representatives, targeting a start date of October 14, 2025. Overall, the position emphasizes execution, data analysis, and hands-on support, with some light event planning and project coordination.
- 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.
- 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.
- 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 day-of logistics and execution.
- Collaborate with the Talent Acquisition team to support recruiting efforts.
- Partner on offer development to ensure alignment with compensation strategy and market data.
- Participate in compensation surveys as needed
- Manage all benchmarking data in Payfactors, our compensation management tool
- 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.
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