Bachelor's Degree or equivalent; CCP certification is a plus.
7+ years of related experience in compensation management.
Experience with HRIS systems, preferably Workday; MarketPay experience is desirable.
Advanced Microsoft Excel skills, including complex formulas and data modeling.
Excellent analytical, problem-solving, and interpersonal skills.
Responsibilities
Lead annual salary and incentive compensation cycles for global populations, ensuring timely execution.
Develop cost analyses and budget models in collaboration with Finance.
Manage survey participation and optimize benchmarking capabilities within MarketPay.
Evaluate roles based on market data and recommend job levels and classifications.
Drive continuous improvement of compensation systems and workflows.
Benefits
Health, dental, and vision insurance
Life and disability insurance
Retirement & Savings Plan
Emergency back-up child and adult care
Paid vacation, sick time off, and holidays
Professional development and career advancement opportunities
Employee recognition and reward programs
Employee wellness and assistance programs
Employee discounts and perks
Full Job Description
The Manager, Compensation leads firmwide annual compensation cycle and delivery of the firm's global compensation programs for legal and business support populations. The role manages annual salary and incentive cycles, market benchmarking, salary structures analysis, survey database management and Workday compensation data and systems. Working closely with HR Business Partners, HRIS, Finance, and firm leaders, the Manager ensures compensation programs are accurate, competitive and aligned with business needs.
What You Will Do:
Compensation Cycle Management
Lead the annual salary and incentive compensation cycles for global legal and business support populations, ensuring accurate and timely execution.
Develop cost analyses and budget models in partnership with Finance for various pay groups across the firm.
Coordinate the Performance and Compensation Review project plan and related manager communications with HR stakeholders.
Market Benchmarking and Job Evaluation
Manage survey participation, including budgets, schedules, invoices, data submissions, and vendor relationships.
Optimize the firm's benchmarking capabilities within MarketPay.
Evaluate new and existing roles based on market data and internal equity considerations. Recommend appropriate job levels and FLSA classifications.
Review salary structures, geographic differentials, and market movement and recommend adjustments based on business needs and market data.
Review survey submissions prepared by analysts for accuracy and completeness.
Systems and Process Improvement
Manage data within Workday and MarketPay and drive the continuous improvement of supporting systems and workflows.
Establish audit cadence of salary ranges, job profiles, market matches to maintain accuracy, consistency, and appropriate controls.
Work with HRIS to support the design, testing, implementation, and maintenance of compensation business processes and system enhancements.
Support the automation of legal group processes for year end planning.
Stakeholder Partnership
Partner with HRIS, Finance, Payroll, Benefits, HR Operations, and HR Business Partners to meet compensation deliverables and business objectives.
Advise HR Business Partners, managers, and firm leaders on compensation matters and provide analysis to support informed and consistent decision making.
Communications, and Documentation
Develop training materials and communications on compensation education and Workday compensation planning.
Create and maintain process documentation, project plans, timelines, and operating procedures.
Projects Management
Drive compensation projects and initiatives, including job architecture, incentive program design, market-data refinement and system enhancements.
Support other Total Rewards and HR initiatives.
Who You Are:
Bachelor's Degree or equivalent, CCP certification a plus.
7+ years of related experience.
Experience working with HRIS systems, preferably Workday. MarketPay experience desirable.
Proficiency with Word, PowerPoint, Outlook.
Advanced Microsoft Excel skills, including complex formulas, lookups, pivot tables, data validation, modeling, and the development of clear analytical outputsExcellent analytical and problem-solving skills.
Excellent interpersonal, communication and customer service skills.
Strong project management and organization skills.
Ability to manage multiple assignments simultaneously and work in a fast-paced environment.
Proficiency in developing and managing spreadsheets as well as experience implementing and/or managing various software applications.
High level of attention to detail - ensure the integrity/accuracy of data.
Ability to protect and maintain confidential and sensitive information.
#LI-GK1
Benefits and More
At Goodwin, you will discover your next career opportunity with a rewarding compensation package and comprehensive benefits, including:
Health, dental, and vision insurance
Life and disability insurance
Retirement & Savings Plan
Emergency back-up child and adult care
Paid vacation, sick time off, and holidays
Professional development and career advancement opportunities
Employee recognition and reward programs
Employee wellness and assistance programs
Employee discounts and perks
This position is eligible for overtime: No
The Target Salary Range For This Position Varies By Location And Is Commensurate With Relevant Experience: $135,000.00 - $175,000.00
About Goodwin Procter
Goodwin Procter LLP is a global law firm with a history of working on groundbreaking matters, including many of the most significant transactions, landmark cases and precedent-setting regulatory and enforcement matters. Our approximately 1,200 lawyers across the United States, Europe and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly-changing, technology-driven economy enables us to provide a distinct competitive advantage to our clients.