BJ's Wholesale Club Compensation Manager Job in Westborough-Home Office, Massachusetts
Compensation Manager Job
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Date: Aug 15, 2019
Westborough-Home Office, MA, US, 01581
Company: BJ's Wholesale Club, Inc.
BJ's Wholesale Club was the first retailer to introduce the warehouse club concept in the northeastern United States. Today, we’re a multibillion dollar operation with more than 200 clubs in 17 states from Maine to Florida.
While our Members know us for helping them save up to 25% off grocery prices every day, our Team Members love us for providing a supportive and engaging workplace that’s committed to developing great talent.
If you’re a motivated and enthusiastic person who enjoys working collaboratively and is committed to providing great service for our Members, we want to hear from you. BJ’s offers a fast-paced, team environment with great training opportunities and competitive salary and benefits packages to help you succeed.
The Compensation Manager is a “hands-on” compensation professional responsible for the development and implementation of effective compensation programs and policies across the Company, as well as leading and participating in compensation related projects. The compensation team is dedicated to strengthening the company’s total rewards programs to ensure they are market competitive, performance based, and contribute to business success. The responsibilities of this role are to manage a compensation team of 3-4 Analysts and to administer pay practices in a fair and consistent manner. Responsibilities include but are not limited to:
Major Tasks, Responsibilities, and Key Accountabilities
Design, manage and administer compensation programs which include base pay, salary structures, variable compensation plans, and rewards and recognition programs
Initiate complex analysis and recommendations for maintenance and improvement of current compensation infrastructure, including but not limited to: job codes, job families, job descriptions, guidelines for new hires, transfers, promotions, integrity of system of records of practices and procedures
Perform job evaluations and analysis of pertinent comparative data for matching and leveling, ensuring aligned grading, market competitive benchmarking analysis, internal equity and governmental compliance.
Leads the participation in various salary review studies and analyzes market data to ensure BJ’s maintains a competitive market position
Ensures that base pay, incentive pay, and performance management programs remain competitive and conform to current compensation strategy
Administer and design incentive plans to drive high impact results, aligned to business strategy and objectives
Provide compensation consultation to HR Business Partners, business leaders and the Talent Acquisition Team on compensation strategy, design and implementation. Work with assigned function(s) on compensation review and administration to support business objectives
Lead compensation programs such as the annual review process. Serve as point person for assigned function(s) and lead broader cross-company workstreams
Stay current on industry compensation practices and changing legal issues, assessing and communicating their potential impact on the business
Maintain understanding of applicable laws and regulations, including FLSA, Equal Pay Act, etc.
Manage, train, and develop Compensation team members
6+ years of Compensation experience in compensation strategy, design, and implementation
Minimum of 2 years management experience of direct reports or a project team
Strong analytical skills and attention to detail
Advanced Excel Skills with the ability to apply complex formulas and functions
Proven ability to work independently, manage to deadlines and multiple priorities; work under pressure and handle confidential information appropriately
Ability to communicate effectively with all levels of management
Compensation experience within the retail industry highly desirable
Workday HRMS experience desirable
CCP certification preferred
BJ's Wholesale Club is committed to a policy of equal employment opportunity for all qualified team members and applicants for employment without regard to race, religion, color, sex, sexual orientation, age, ancestry, national origin, physical and/or mental disability, genetic information, atypical cellular or blood trait, marital and/or familial status, pregnancy, gender identity and expression, military or veteran status, or any other characteristics protected by applicable law.
Nearest Major Market: Worcester
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