Compensation Manager

Who We Are The Association of American Medical Colleges is a not-for-profit association dedicated to transforming health care by supporting the entire spectrum of medical education, medical research, and patient care conducted by our member institutions. We are dedicated to the communities we serve and steadfast in our goal to improve the health of all. At the AAMC, we are committed to supporting our employees with a comprehensive benefits package designed to promote well-being, professional growth, and work-life balance. Highlights include: Remote Work – Fully remote work available for most positions Retirement Savings – Generous 403(b) employer contributions and financial wellness resources, including professional financial advising. Health & Wellness Perks – Fitness and bicycle subsidies, on-site and virtual wellness programs (live yoga, meditation, mental health webinars, flu shot clinics, and more) Support & Family Care – Employer paid Employee Assistance Program (EAP) and back-up care options for children, adults, elders, and even pets Additional information can be found on our website. Why us, why now The Compensation manager is responsible for the administration of AAMC’s Compensation Program. The Compensation manager plans, develops, and implements compensation initiatives, policies, and procedures that help the AAMC attract, engage, and retain high-quality employees and in turn achieve the organization's goals. This position is responsible for ensuring that AAMC’s compensation programs are consistently administered in compliance with internal policies and government regulations. Critical to AAMC’s compensation strategy, this role will drive change and influence decision making through a balanced mix of data and talent driven metrics. How you will make an impact Compensation Program Operations: Partners with HR team members on recruitment and talent management activities Provides advice to HRBPs and AAMC leaders on pay decisions, policy interpretations, and job evaluations In partnership with HR Systems, manages annual merit process; Manages projects and workflow Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and AAMC objectives Stays up to date on market pay trends and updates to salary surveys Prepares annual merit and performance pay recommendations Coordinates annual preparation of individual professionals goals for the leadership team Prepares annual Executive incentive calculations and works with HR Systems team on payouts Working with HR Systems team as needed, ensures classification & compensation components in Workday are up to date and accurate Job Evaluation & Market Analysis: Perform job analysis, job description review, position evaluation, grading, and pricing to ensure internal titling, leveling and mapping within the company is consistent and salaries are competitive Reviews and maintains organization-wide job descriptions. Policy and Procedure Development: Designs creative solutions to specific compensation related programs and incentive plans Create and update compensation policies and procedures to ensure compliance with legal and regulatory requirements Reporting and Analytics: Prepares reports and analytics on compensation trends and metrics for management review Prepares internal compensation reports for HR colleagues and management Salary Data & Surveys: Participates in salary surveys and monitors salary survey data to ensure AAMC’s compensation objectives are achieved Prepares data for and participates in multiple national surveys Develop, recommend, monitor and maintain salary structures and grading system What you will bring to the role Required Skills/Qualifications: Bachelor\'s Degree 8 - 10 years of related work experience 1-3 years of experience managing a specialized program Majority of work experience in job classification/compensation. Experience with position descriptions, job leveling and market pay matching. Must have experience with Salary.Com, CompAnalyst and JobArchitect Preferred Qualifications: Experience using Aon Radford, Mercer and Willis Towers Watson salary data and job levels Proficient with Workday Certifications : Certified Compensation Professional (CCP) preferred SHRM or HRCI certifications preferred Advanced Level Microsoft Excel skills Remote Work Eligibility This position may be eligible for remote work. Compensation Grade Range $124,950.00-$147,000.00 Multiple factors are taken into consideration to arrive at the final hourly rate/annual salary to be offered to the selected candidate. Factors may include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, as well as internal equity, market, and business considerations. If a bachelor’s degree is required, related work experience may be substituted in some positions. One year of college course work at an accredited institution is equivalent to one year of related work experience. The Association of American Medical Colleges (AAMC) is an Equal Opportunity/Affirmative Action Employer. The AAMC is committed to the policy of an equal employment opportunity in recruitment, hiring, career advancement, and all other personnel practices. The AAMC will not discriminate on the basis of race, color, sex, national origin, religion, age, marital status, personal appearance, sexual orientation, gender identity or expression, family responsibilities, matriculation, political affiliation, genetic information, disability, past or current military service, or any other legally protected characteristic. Please attach a resume as part of the application process. It is important that files DO NOT include periods ( . ) within the file name. 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