Compensation Manager Jobs in Waterville, ME

A Compensation Manager in the human resources industry is responsible for the development, implementation, and management of a company's compensation strategy. They assess the organization's pay structure, analyze compensation data within the industry, ensure internal and legal pay equity, and design incentive and benefits programs to attract and retain top talent. Additionally, they monitor the effectiveness of these programs and make adjustments as needed. They also collaborate with HR and management to develop job descriptions and determine the appropriate compensation.

To become a successful Compensation Manager, one should possess strong analytical, communication, decision-making, and leadership skills. They should also have a sound understanding of HR practices and labor legislation. Professional certifications like Certified Compensation Professional (CCP), Professional in Human Resources (PHR), or Senior Professional in Human Resources (SPHR) are often preferred. Prior to becoming a Compensation Manager, an individual might have roles such as Compensation Analyst, HR Generalist, or HR Manager.

1-3 of 3 Jobs

Benefits Specialist

  • Benton, ME
  • 13 days ago
  • Benton, ME
  • 13 days ago

This position will also have a strong focus on employee recognition and assisting with efforts related to recruitment/retention for the agency....

Benefits Specialist

  • Waterville, ME
  • 15 days ago
  • Waterville, ME
  • 15 days ago

changes within deadlines Assist with processing employee terminations and evaluations Conduct exit and stay interviews Provide turnover and retention statistics Assist with Unemployment claims Manage employee...

Compensation Manager

  • Augusta, ME (14 miles from Waterville, ME)
  • 18 days ago
  • Augusta, ME (14 miles from Waterville, ME)
  • 18 days ago

at American Express Global Business Travel in Augusta, Maine, United States Job Description Amex GBT is a place where colleagues find inspiration in travel as a force for good and through their...

Demographic Data for Waterville, ME

Moving to Waterville, ME? Find some basic demographic data about Waterville, ME below.


Local
National
26,491
732
Medium

Compensation Manager Online Courses and Training Opportunities

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Workers' Compensation for Managers: Understanding Workers' Compensation for Managers
Regardless of your industry, workplace injuries and illness can occur. As a manager, it's important that you're well informed about workers' compensation: what it is, how it works, and what your...
Workers' Compensation for Managers: Workers' Compensation Claims for Managers
As a manager or supervisor, you have many responsibilities. When it comes to workers' compensation claims, it's your job to take charge of the claim-filing process when one of your workers is...
Workers' Compensation for Managers: Return to Work and Injury Settlements for Managers
Workers' compensation claims serve as a critical safety net for employees who face injury or illness in the workplace. Central to this process is a gradual return to work after a claim. This...

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Salary for Compensation Manager Jobs in Waterville, ME

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireHR research efforts.


Highest Education Level

Compensation Managers in Waterville, ME offer the following education background
Bachelor's Degree
47.2%
Master's Degree
28.3%
Associate's Degree
8.1%
Vocational Degree or Certification
6.3%
High School or GED
6.2%
Doctorate Degree
2.1%
Some College
1.6%
Some High School
0.2%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Compensation Managers in Waterville, ME
4-6 years
57.1%
6-8 years
23.8%
8-10 years
14.3%
10+ years
4.8%



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