Keurig Dr Pepper

Manager Compensation

Keurig Dr Pepper$96K — $154K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years in compensation, total rewards, finance, or related fields
  • Experience with broad-based compensation programs in complex organizations
  • Background in executive compensation and bonus administration (STIP)
  • Proficiency in annual compensation cycle support (merit, bonus, equity)
  • Skill in leading compensation program development and implementation
  • Capability in enhancing compensation systems and reporting tools

Responsibilities

  • Conduct market analysis to ensure competitive and equitable pay practices
  • Develop financial models to evaluate compensation program effectiveness
  • Consult with HRBPs and leaders on offers and promotions
  • Support executive compensation program administration and reporting
  • Engage in annual merit and bonus cycles, ensuring data integrity
  • Lead special compensation projects and transformation initiatives
  • Act as an advisor to HR Business Partners, simplifying complex compensation concepts

Benefits

  • Medical, Dental, Vision coverage
  • Disability and Paid Time Off including parental leave
  • 401k with company matching
  • Tuition and Mileage Reimbursement programs
  • Annual bonus based on performance
Full Job Description
Job Overview:

The Compensation Manager plays a critical role in the design, implementation, and administration of broad-based and executive compensation programs that support the company's business strategy and compensation philosophy. This role serves as a strategic partner to HR Business Partners, providing expert guidance on pay decisions, market competitiveness, and program design. In addition to core compensation responsibilities, this role will lead and support key special projects and contribute to executive compensation, annual bonus, and long-term incentive (LTIP) processes, ensuring programs are competitive, compliant, and aligned with shareholder and company objectives.

Key Responsibilities
  • Compensation Program Design & Administration
    • Conduct market pricing, benchmarking, and internal equity analysis to ensure competitive and equitable pay practices.
    • Develop financial models and cost analyses to evaluate compensation program effectiveness and support decision-making.
    • Partner with HRBPs and business leaders to provide consultative guidance on offers, promotions, retention actions, and organizational changes.
    • Monitor market trends and emerging practices to continuously evolve compensation programs.
  • Executive Compensation & Governance Support
    • Support the administration of executive compensation programs, including base salary, annual incentive (STIP), and long-term incentive (LTIP) plans.
    • Assist in the preparation of executive compensation materials, analyses, and reporting for senior leadership and governance processes.
    • Partner with Finance, Legal, and external advisors to ensure programs align with regulatory requirements and governance standards.
    • Contribute to proxy-related work, disclosures, and executive compensation analysis as needed.
  • Annual Compensation Processes (Merit, Bonus, LTIP)
    • Support execution of annual compensation cycles, including merit, bonus, and long-term incentives.
    • Develop tools, guidance, and communications to support HR and leader decision-making during compensation cycles.
    • Ensure data integrity, audit readiness, and alignment across systems (e.g., Workday, comp planning tools).
    • Conduct post-cycle analysis to assess outcomes and identify areas for improvement.
  • Special Projects & Strategic Initiatives
    • Lead or support special compensation projects, including program redesign, harmonization efforts, and transformation initiatives.
    • Contribute to enterprise-wide initiatives such as M&A integration, job architecture, or global program alignment.
    • Drive continuous improvement in compensation processes, tools, and governance practices.
    • Partner across HR COEs (Total Rewards, Talent, HRT) on cross-functional initiatives.
  • Stakeholder Partnership & Communication
    • Act as a trusted advisor to HR Business Partners, translating complex compensation concepts into clear, actionable insights.
    • Develop and deliver education and communication materials on compensation philosophy, programs, and policies.

Total Rewards:
  • Salary Range: $96,800 - $154,000
  • Actual placement within the compensation range may vary depending on experience, skills, and other factors
  • Benefits, subject to election and eligibility: Medical, Dental, Vision, Disability, Paid Time Off (including paid parental leave, vacation, and sick time), 401k with company match, Tuition Reimbursement, and Mileage Reimbursement
  • Annual bonus based on performance and eligibility

Requirements:

Experience
  • 6+ years of experience in compensation, total rewards, finance, or related field
  • Experience designing and administering broad-based compensation programs in a complex organization
  • Prior experience in executive compensation programs, bonus (STIP), and/or equity/LTIP administration
  • Experience supporting annual compensation cycles (merit, bonus, equity)
  • Experience leading compensation program development and implementation projects
  • Experience enhancing and implementing compensation systems and reporting tools

Knowledge
  • Strong understanding of compensation fundamentals, including market pricing, benchmarking, and pay equity
  • Working knowledge of executive compensation design and principles, incentive plan design (short-term and long-term) and compensation governance principles
  • Familiarity with financial modeling and cost impact analysis
  • Understanding of regulatory and compliance considerations related to compensation programs (preferred)

Skills
  • Strong quantitative and problem-solving skills with the ability to translate data into actionable insights
  • Ability to influence and advise leaders with credibility and confidence

About Keurig Dr Pepper

Keurig is a beverage company that offers a variety of K-Cup pods and single-serve coffee makers. The company provides iced coffee brewers, cappuccino, and latte makers.

Keurig Dr Pepper Careers

Join the vibrant team at Keurig Dr Pepper, a leading beverage company in North America, where innovation, leadership, and diversity thrive. As a powerhouse in the beverage sector, Keurig Dr Pepper offers a plethora of job opportunities that cater to a variety of skills and career aspirations.

Work You’ll Do

At Keurig Dr Pepper, every position contributes to the company's success, from brewing innovation to market leadership. Our team is committed to fostering a culture of growth and professional development, making our company a perfect place for those who are driven to excel in their careers.

Explore Career Paths

Whether you're looking for an internship, full-time employment, or a leadership role, Keurig Dr Pepper provides a dynamic environment where your career can flourish. We are dedicated to hiring talented professionals who are eager to drive our mission of delivering high-quality beverages to consumers globally.

Innovate and Lead

Join a team where innovation is at the core of everything we do. Keurig Dr Pepper is home to a diverse group of forward-thinking professionals who are not only experts in their fields but are also leaders who inspire change and growth within the industry.

Diversity and Inclusion

At Keurig Dr Pepper, we believe diversity fuels innovation. Our commitment to diversity training ensures that all team members have the opportunity to thrive and contribute their unique perspectives. We strive to create an inclusive workplace where everyone feels valued and empowered.

Benefits and Culture

Our employees enjoy a range of benefits that support both their professional and personal lives. At Keurig Dr Pepper, you will find a supportive culture that values networking, leadership development, and a work-life balance. We invest in our employees through comprehensive benefits packages and continuous professional development opportunities.

Join Our Team

Search for open positions that match your skills and interests. Keurig Dr Pepper is always on the lookout for passionate, curious, and innovative team players. Explore the exciting employment and internship opportunities available and find out how you can contribute to our community of dedicated professionals.

Stay Connected

Keep up to date with the latest company news, career tips, and industry insights—all from the people who work here. Personalize your experience by subscribing to job alert emails, tailored to your preferences, and discover the rewarding career opportunities that await at Keurig Dr Pepper.

Apply Now

Ready to take the next step in your career? Submit your resume, prepare for your interview, and join a company that’s as committed to your career growth as you are. At Keurig Dr Pepper, we’re not just filling positions—we’re building leaders.

Keurig Dr Pepper Jobs

With a commitment to innovation, leadership, and diversity, Keurig Dr Pepper is more than just a beverage company—it's a place where you can make a difference. Join us in our journey to refresh the world and make a lasting impact.
Learn more about Keurig Dr Pepper
Size
27,500 employees
Market Cap
$51 billion
Industry
Net Income
$1.3 billion
Founded
1990
5 Year Trend
+14.5%
Revenue
$11.6 billion
NASDAQ

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