Full Time Job

Manager, Compensation

Universal Music Group

Santa Monica, CA 06-09-2022
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  • Paid
  • Full Time
  • Senior (5-10 years) Experience
Job Description
As the Manager, US Compensation, you will be responsible for the design, communication, and management of all aspects of the US salary and short-term incentive programs. You will report to the Vice President, Executive and US Compensation and, as part of the global Total Reward group, you and the team will play an active role in ensuring consistencies within the UMG compensation practices in the US and worldwide. You will partner with US People, Inclusion and Culture (''PIC'') Business Partners, the Centers of Excellence (i.e., People Operations and Systems, Talent and L&OD) and counterparts in finance, legal, tax and external providers.

How you'll CREATE:
• Responsible for the evaluation, development, implementation and management of all US salary and annual incentive compensation policies, structures and programs that support the organization's business strategy
• Maintain career job architecture structure and conduct regular audits to ensure all jobs are appropriately aligned in the structure
• Conduct job analysis, internal benchmark reviews, market price jobs and FLSA assessments
• Manage the annual US compensation cycle process – benchmarking, structure design, base pay increases, annual bonus payments and long-term incentive awards
• Oversee the participation in US salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved
• Partner with PIC Business Partners to provide advice and analysis for compensation challenges, including but not limited to talent retention, internal comparison, market competitiveness, pay decisions, policy interpretations, and job evaluations
• Provide effective robust analytics and strategic support to PIC Business Partner and the business
• Build and deliver compensation-related training and education materials to your client teams
• Work with the talent acquisition team and HR Partners to deliver new hire offer package consultation to ensure alignment to market and internal peers
• Monitor the effectiveness of existing compensation practices and recommends changes that are consistent with compensation trends in the US and globally
• Design creative solutions to specific compensation-related programs and incentive plans
• Assist in design, implementation and management of sales incentives plans
• Ensure compliance with federal, state and local compensation laws and regulations
• Thorough understanding of base salary and short-term incentive plans, concepts and designs
• Knowledge of all federal, state and local regulations and compliance requirements related to US compensation standards and principals
• Heavily seasoned ''power-user'' with regard to Excel and PowerPoint preferred
• Highly effective data management skills with a commitment to accuracy and details
• Workday Core Compensation and Workday Advanced Compensation software experience

Bring your VIBE:
• Highly collaborative with an ability to understand and relate to multiple stakeholders from various disciplines and countries/regions (e.g., finance, legal, operations)
• Strong leadership and project management skills
• Excellent time management skills and ability to plan and set priorities
• Excellent verbal and written communication skills
• Ability to cope with shifting/multiple priorities and deadlines
• Demonstrate strong initiative and exercise good judgment and resourcefulness
• Computer proficiency and technical aptitude with the ability to use Microsoft Office products
• 5+ compensation years of experience in-house or advising compensation role, preferably in the entertainment industry (or creative industry)
• Bachelor's degree in human resources, business or related field
• 2+ years of related experience in an HR leadership role
• SHRM Certified Professional (SHRM-CP) or Senior Certified Professional (SHRM-SCP) credentials certification preferred

Perks Playlist:
• Competitive Compensation Package including Salary, Benefits and Generous 401k Savings Plan
• Paid Time Off – Paid Holidays, ''Winter Break'', Wellness Fridays
• Student Loan Repayment Assistance
• Employee Developmental Support
• Annual Gym Reimbursement Package

Universal Music Group is an Equal Opportunity Employer

All UMG employees are currently required to be fully vaccinated against COVID-19 or provide proof of a negative PCR or Antigen test before entering any Company offices unless they have been approved for an exemption or unless prohibited by applicable law.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.

Jobcode: Reference SBJ-g6x6w8-44-201-96-43-42 in your application.

Company Profile
Universal Music Group

We are Universal Music Group, the world’s leading music company. We are the home for music’s greatest artists, innovators and entrepreneurs.