- Manage day-to-day compensation programs, practices, and procedures
- Lead the planning and execution of the annual review cycle, including merit, promotion, corporate bonus accrual, and payout calculation
- Oversee the administration and governance of equity and incentive compensation processes, including documentation, tracking, and reporting
- Manage recurring equity processes, serving as the primary point of contact for equity-related inquiries from current and former employees
- Conduct job evaluations, internal equity analysis, data modeling, and reporting to support corporate and field compensation programs
- Act as a key resource for compensation data requests and support the new hire offer approval process
- Manage compensation survey data submission and conduct ad hoc market research as needed
- Support development of internal salary structures and guidelines to ensure internal equity and market competitiveness
- Collaborate with internal stakeholders to create, modify, evaluate, and implement compensation policies and procedures
- Stay informed about compensation trends, developments, and regulations, proactively recommending enhancement or adjustment as needed to ensure compliance
- Support change management efforts associated with new compensation program initiatives and process improvements
- Provide supervision, guidance, and development support to a Compenesation Analyst
- Bachelor's degree in human resources, finance, accounting, or equivalent experience
- Minimum 5 years of experience, with at least 2 years managing annual compensation cycle, preferably at a manager level, and minimum 1-year supervisory experience
- Experience administering executive equity programs (options and SARs) required
- Proficiency in Microsoft Office Suite, with advanced Excel skills; experience with VBA or Macro is a plus
- Ability to reconcile large quantities of data and apply analytics to recommend solutions
- Experience with HRIS systems; working knowledge of UKG and Shareworks is a plus
- Ability to work independently and collaboratively
- Sound judgment and discretion working with highly confidential and sensitive information
- Excellent organizational and project management skills with a strong attention to detail
- Ability to manage multiple high-priority tasks and projects simultaneously while meeting deadlines
- Excellent verbal, written communication and presentation skills
- Reporting to Director of Global Compensation
- Managing a Compensation Analyst
- Collaborating with the entire People & Culture Team
- Working cross-functionally with Finance and Legal
- AS A MEMBER OF THE EQUINOX TEAM YOU WILL RECEIVE:
- We offer competitive salary, benefits and industry leading commission opportunities for club employees
- Complimentary Club membership
- 30- 50% discounts on all Equinox products and services including Personal Training, Private Pilates, Spa and Café' services and Shop items
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Compensation Manager - New York, United States - Equinox
Description
Job Description
Join our dynamic and growing global company as a Compensation Manager
At Equinox, our People & Culture team is committed to attracting, motivating, and retaining top talent. We are seeking a highly motivated individual who is analytical and has a curiosity to create, automate and enhance our compensation practices to contributing to our organizational success.
Role Overview
As a Compensation Manager, you will play a pivotal role in managing compensation programs for both corporate and field employees. Reporting to the Director of Global Compensation, you will be responsible for ensuring that our compensation practices are market-aligned, fiscally responsible, and internally equitable. This role will play a key part in scaling our compensation practice as our organization continues to grow and will involve collaborating with various departments to streamline processes, develop guidelines, and support the execution against key pillars of our Win with Talent strategy.
Key Responsibilities
Qualifications
Who You'll Work With
Pay transparency: Salary ranges from $130,000 to $140,000 (salary to be determined based on multiple factors such as applicant's experience, skills and abilities, internal equity and market data)
Additional Information
This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department.
Equinox is an equal opportunity employer.
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