Compensation Manager

The Compensation manager is responsible for the administration of AAMC's Compensation Program. The Compensation manager plans, develops, and implements compensation initiatives, policies, and procedures that help the AAMC attract, engage, and retain high-quality employees and in turn achieve the organization's goals. This position is responsible for ensuring that AAMC's compensation programs are consistently administered in compliance with internal policies and government regulations. Critical to AAMC's compensation strategy, this role will drive change and influence decision making through a balanced mix of data and talent driven metrics.

Compensation Program Operations:

• Partners with HR team members on recruitment and talent management activities

• Provides advice to HRBPs and AAMC leaders on pay decisions, policy interpretations, and job evaluations

• In partnership with HR Systems, manages annual merit process; Manages projects and workflow

• Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and AAMC objectives

• Stays up to date on market pay trends and updates to salary surveys

• Prepares annual merit and performance pay recommendations

• Coordinates annual preparation of individual professionals goals for the leadership team

• Prepares annual Executive incentive calculations and works with HR Systems team on payouts

• Working with HR Systems team as needed, ensures classification & compensation components in Workday are up to date and accurate

Job Evaluation & Market Analysis:

• Perform job analysis, job description review, position evaluation, grading, and pricing to ensure internal titling, leveling and mapping within the company is consistent and salaries are competitive

• Reviews and maintains organization-wide job descriptions.

Policy and Procedure Development:

• Designs creative solutions to specific compensation related programs and incentive plans

• Create and update compensation policies and procedures to ensure compliance with legal and regulatory requirements

Reporting and Analytics:

• Prepares reports and analytics on compensation trends and metrics for management review

• Prepares internal compensation reports for HR colleagues and management

Salary Data & Surveys:

• Participates in salary surveys and monitors salary survey data to ensure AAMC's compensation objectives are achieved

• Prepares data for and participates in multiple national surveys

• Develop, recommend, monitor and maintain salary structures and grading system

Required Skills/Qualifications:

• Bachelor's Degree

• 8 - 10 years of related work experience

• 1-3 years of experience managing a specialized program

• Majority of work experience in job classification/compensation.

• Experience with position descriptions, job leveling and market pay matching.

• Must have experience with Salary.Com, CompAnalyst and JobArchitect

Preferred Qualifications:

• Experience using Aon Radford, Mercer and Willis Towers Watson salary data and job levels Proficient with Workday

Certifications:

• Certified Compensation Professional (CCP) preferred

• SHRM or HRCI certifications preferred

• Advanced Level Microsoft Excel skills

Remote Work Eligibility

Compensation Grade Range

Multiple factors are taken into consideration to arrive at the final hourly rate/annual salary to be offered to the selected candidate. Factors may include, but are not limited to, the scope and responsibilities of the role, the selected candidate's work experience, education and training, as well as internal equity, market, and business considerations.

If a bachelor's degree is required, related work experience may be substituted in some positions. One year of college course work at an accredited institution is equivalent to one year of related work experience.

The Association of American Medical Colleges (AAMC) is an Equal Opportunity/Affirmative Action Employer. The AAMC is committed to the policy of an equal employment opportunity in recruitment, hiring, career advancement, and all other personnel practices. The AAMC will not discriminate on the basis of race, color, sex, national origin, religion, age, marital status, personal appearance, sexual orientation, gender identity or expression, family responsibilities, matriculation, political affiliation, genetic information, disability, past or current military service, or any other legally protected characteristic.

Please attach a resume as part of the application process. It is important that files DO NOT include periods ( . ) within the file name.

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