The Home Depot

Senior Manager, Compensation

The Home Depot$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in compensation management or related field.
  • Bachelor's degree in a relevant field, with an MBA preferred.
  • Certified Compensation Professional is a strong advantage.
  • Proven project management skills with a focus on compensation programs.
  • Strong analytical, negotiation, and influencing skills.
  • Demonstrated business acumen and understanding of compensation frameworks.

Responsibilities

  • Manage development and administration of compensation programs across multiple organizations.
  • Guide HR partners on compensation decisions and drive approval processes.
  • Collaborate with business leaders on tailored compensation needs.
  • Oversee analytics and job evaluation processes for effective compensation management.
  • Ensure compensation practices align with M&A activities and strategies.

Benefits

  • Opportunities for professional development and training.
  • Participation in executive compensation discussions and board meeting preparations.
  • Dynamic work environment with a focus on collaboration.
  • Potential for overnight travel (5% to 20%) to support various initiatives.
Full Job Description
Position Purpose:
Responsible for managing the compensation function for multiple organizations, or managing multiple functions within compensation. Designs, implements, communicates, and drives compensation programs such as base pay, incentive pay, and equity programs to provide a competitive level of pay, motivation, and reward to employees. Responsibilities may focus on exeuctive compensation with responsibility for the agenda, research, analysis, and preparation of materials for the Leadership, Development and Compensation Committee Board meetings and recommensations for executive compensation policies and practices. Consults with HR clients to assist them with compensation decisions or issues.

Key Responsibilities:
  • 30% Manages the development, implementation, and administration of compensation programs within multiple functions or mulitiple organizations and may include development of executive programs and board meeting research and preparation
  • 20% Guides HR partners and compensation staff regarding compensation decisions or issues and drives approval processes
  • 20% Partners with business leaders on specific compensation needs within their organization
  • 20% Manages analytics and job evaluation processes
  • 10% Oversees compensation's role in M&A acitivities

Direct Manager/Direct Reports:
  • Sr Director Compensation
  • Accountable for direct supervision of the work activities of others. Planning, monitoring and reviewing work of subordinates is required. This may include direct supervision of a shift or the coordination of multiple work groups. Makes recommendations concerning selection, termination, performance appraisal and professional development.

Travel Requirements:
  • Typically requires overnight travel 5% to 20% of the time.

Physical Requirements:
  • Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.

Working Conditions:
  • Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.

Minimum Qualifications:
  • Must be eighteen years of age or older.
  • Must be legally permitted to work in the United States.

Preferred Qualifications:
  • MBA preferred
  • Certified Compensation Professional

Minimum Education:
  • The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.

Preferred Education:
  • No additional education

Minimum Years of Work Experience:
  • 7

Preferred Years of Work Experience:
  • No additional years of experience

Minimum Leadership Experience:
  • None

Preferred Leadership Experience:
  • None

Certifications:
  • None

Competencies:
  • Project management skills
  • Heavy analytics background
  • Negotiation and influencing skills
  • Strong business acumen

About The Home Depot

The Home Depot is a home improvement retailing company that combines its physical stores with an online presence to provide customers with innovative products at great value. The company specializes in the fields of retail, home improvement, and customer service. The Home Depot was founded in 1978 and is headquartered in Atlanta, Georgia.

The Home Depot Careers

Join the vibrant team at The Home Depot, the largest home improvement retailer in the U.S., where your career can flourish in an environment ripe with opportunities for growth and innovation. As a market leader, The Home Depot offers a variety of job opportunities that allow professionals to thrive in a culture that values leadership, diversity, and professional development. Work You’ll Do At The Home Depot, you’ll be part of a team that’s committed to helping homeowners, builders, and do-it-yourselfers bring their visions to life. Our extensive range of job opportunities spans from store operations to supply chain management, from IT to marketing. No matter where you start, you’ll be doing work that matters, impacting our customers' lives and experiences. Transform Your Career Step into a role within The Home Depot and join a network of over 400,000 associates who are as passionate about building their careers as they are about helping our customers. Leadership at The Home Depot means continuous improvement, embracing diversity, and fostering a culture of inclusion and respect that makes us stronger. Innovate with Us Innovation isn’t just a buzzword at The Home Depot; it’s the backbone of how we do business. We are constantly seeking out new technologies and tools to improve every aspect of our operations, from logistics to customer service. Join us, and bring your unique perspective and skills to a team that’s setting the standard for excellence in the retail industry. Grow and Develop The Home Depot is committed to the growth and development of its associates through robust training programs, leadership workshops, and opportunities for advancement. Whether you’re looking for a part-time position or a full-time career, The Home Depot nurtures your professional growth every step of the way. Internship Programs Dive into the professional world through The Home Depot’s internship programs, which offer a dynamic environment to gain hands-on experience and develop critical skills in various business areas. Our internships provide a platform to connect with leaders and peers, enhancing your resume and preparing you for future employment. Benefits and Culture Choosing to start your career at The Home Depot means more than just securing a job. It means you gain access to unparalleled benefits that support your life and well-being, from health insurance to educational assistance. Our commitment to employees is reflected in our open, supportive culture where everyone’s voice is heard, and every team member’s contribution is valued. Join Our Team Ready to take the next step in your career? Explore the wide range of positions available at The Home Depot, where we’re hiring passionate, curious, and innovative team players. Search open positions that match your skills and interests on our Jobs page. Stay Connected Keep up to date with the latest career tips, company news, and industry insights—all from the people who work here. Subscribe to our Careers Blog and personalize your subscription to receive updates that align with your career interests and goals. At The Home Depot, we don’t just offer jobs—we offer careers that make a difference. Join us, and be a part of something bigger as we continue to invest in your future and our shared success.
Learn more about The Home Depot
Size
490,600 employees
Market Cap
$323 billion
Industry
Net Income
$12.8 billion
Founded
1978
5 Year Trend
+9.8%
Revenue
$132.1 billion
NASDAQ

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