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Compensation Manager, Total Rewards

Towne Park
Full-time
On-site
Plymouth Meeting, Pennsylvania, United States
$125,000 - $145,000 USD yearly
Compensation Manager

At Towne Park, it’s more than a job, you can make an impact.

A career with us is rewarding in more ways than one.

As a hospitality services company, our commitment is to create smiles by delivering exceptional experiences. When you work with us, you have an opportunity to impact the millions of patients, visitors and guests we proudly serve. Whether providing compassionate service that eases the anxiety of a patient and their family, creating a memorable experience for a guest in a new city, or helping a colleague, every day is a new opportunity to brighten someone else’s day and make an impact. When we see a customer, a client or one of our own team members smile, we know we made an impact. It’s why we do what we do.

Towne Park is a place where you can make a difference and create smiles every day.

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Job Details Compensation: Towne Park is committed to offering competitive, fair, and commensurate compensation. Actual compensation will be based on a candidate’s job-related skills, experience, education or training, and location. The annual base pay range for this position is $125,000.00 - $145,000.00.

Additional Compensation: Employees may be eligible to receive annual incentive bonuses depending on their job classification and the policy guidelines.

Benefits: Employees are eligible to enroll in medical, dental, and vision insurance, accident insurance, critical illness insurance, hospital indemnity insurance, and telemedicine benefits. Employees are provided company-paid basic life and AD&D insurance as well as short-term and long-term disability. Employees are also able to enroll in the company’s 401k retirement savings plan.

Paid Time Off: Employees accrue 0.0654 hours of PTO per hour worked up to a maximum of 136 hours per calendar year. Employees receive 6 paid holidays throughout the calendar year and employees accrue up to a maximum of 4 paid floating holidays per calendar year.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

SUMMARY

The Compensation Manager, Total Rewards is responsible for designing, implementing, and managing employee pay structures, new and revised compensation programs, and policies and procedures to ensure fairness, competitiveness, and compliance with regulations. This role is responsible for monitoring legal and regulatory changes in laws and aligning with the company’s goals.  This role will support the Vice President of Human Resources in crafting equitable, strategic, and financially sound pay practices that support both employee satisfaction and business success.

ESSENTIAL FUNCTIONS

Reasonable accommodation may be provided to enable individuals with disabilities to perform all functions.

People Management

  • Leads the compensation team in alignment with Towne Park’s mission, vision and values and ensures compliance with the company’s policies, procedures, and standards.
  • Responsible for the overall direction, performance management, coordination, and evaluation of the direct reporting team.
  • Communicates policies to employees and become the primary information source for the team; following up to ensure compliance and consistency; taking corrective action as necessary and documenting the issue and actions taken.
  • Actively recruits, retains, and develops talent and holds employees/direct reporting teams accountable for results.

Strategy & Operational Excellence

  • Partners with the Vice President of Human Resources to align compensation strategies with organization goals and to develop a long-term compensation framework.
  • Develops salary structures, incentive plans, and equity programs that help attract and retain top talent.
  • Researches and compares incentive compensation plans offered by comparable organizations and assesses makes recommendations for enhancements or improvements.
  • Partners with appropriate stakeholders, including HR and finance, to align compensation with talent, workforce planning, and performance management strategies.
  • Communicates complex pay structures and equity plans to non-HR stakeholders.
  • Ensures adequate processes and systems are in place to maintain compliance with relevant labor and employment laws, regulations, and company policies.
  • Evaluates and negotiations vendor contracts and services for cost-effectiveness, efficiency, and compliance alignment, partnering with appropriate stakeholders, as needed.
  • Supports managers in making fair and consistent pay decisions.
  • Serves as an escalation point for complex compensation issues, providing guidance and support.
  • Promotes ethical behavior, inclusion, and accountability across the organization.
  • Maintains knowledge of trends, developments, and best practices in compensation and benefits administration.

Project & Change Management

  • Leads organization-wide compensation initiatives and programs, ensuring the roll outs are accompanied by appropriate resources and tools for the stakeholders as well as an effective communication plan for the audience.
  • Assists in compensation planning during mergers, acquisitions, or restructuring.
  • Identifies opportunities to optimize and streamline compensation processes, leveraging data to enhance decision-making and operational efficiency.
  • Identifies employee impacting issues and implements solutions and process improvements.

Metrics & Reporting

  • Develops reports and monitor KPIs related to compensation processes.
  • Ensures compliance with federal, state, and local regulations and leads audits and reporting.
  • Analyzes execution of compensation programs relating to job offers, promotions/demotions, merit increases, etc.
  • Prepares executive-level reports and presentations.

QUALIFICATIONS

Education:

  • Bachelor’s degree in human resources, finance, business administration, or related degree required.
  • MS degree in related field preferred

Required Licensure, Certification, etc.:

  • Certified Human Resources Professional (PHR, SPHR, SHRM-CP, SHRM-SCP) preferred.
  • Certified Compensation Professional (CCP) strongly preferred.

Work Experience:

  • 8-10 years of experience in related field
  • At least 5 years of related work experience in compensation
  • 2 or more years of experience leading a team

Knowledge, Skills, and Abilities:

  • Ability to effectively plan, set priorities, and manage many projects simultaneously while working to meet deadlines.
  • Computer proficiency and technical aptitude with the ability to utilize MS Office (Excel, Word, PowerPoint and Outlook) and various technology applications.
  • Experience with HR information systems and compensation software.
  • Excellent communication and negotiation abilities.
  • Thorough understanding of local, state, and federal employment laws.
  • Ability to coach, consult, and build effective relationships.
  • Strong interpersonal skills in dealing with senior management
  • Ability to act with integrity, professionalism, and confidentiality.
  • Strong attention to detail and analytical and problem-solving skills.
  • Excellent time management skills with a proven ability to meet deadlines.
  • Ability to read and decipher vendor agreements.
  • Excellent verbal and written communication skills to effectively address all levels in the organization.
  • Ability to exercise considerable judgment and discretion in dealing with matters of significance for the company.

SCOPE                                                                                                                          

Authority to Act:

Performs duties independently with minimal supervision, operating from specific and definite directions and instructions. Decisions are of a routine nature made within prescribed operating guidelines, policies and procedures. Mistakes/errors may result in work stoppage, loss of business, poor customer relations and/or damage to product, all of which can have negative financial implications for the organization.

Budget Responsibility:

The employee has control over resources available only.

WORKING CONDITIONS & PHYSICAL DEMANDS                                           

The working conditions and physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Requirements

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit or stand for extended periods of time and may be required to run; walk; handle or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch or crawl. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Lifting Requirements

Exerting up to 50 pounds of force occasionally, and/or up to 25 pounds of force frequently, and/or greater than 10 pounds of force constantly to move objects.

Working Environment

The majority of work will be performed in climate-controlled environment, but may be exposed to inclement weather and varying degrees of temperatures on occasion.

Travel

Travel of up to 20% may be required.