Manager, Compensation Projects

Job Title: Manager, Compensation Projects
Job Location: Cambridge, MA
Job Duration: 12-13 Months (possibility of extension)
Payrate: $86.66/ hr. on w2

Job Summary:

• We are seeking a detail-oriented and strategic Compensation Projects Manager (Contractor) to support the Director, Compensation, Mobility and People Analytics in executing key components of the annual compensation cycle and performance management processes.
• This role will also contribute to year-end awards planning and partner with Talent Acquisition to support offer development.
• The ideal candidate will possess strong analytical skills, experience with compensation systems, and the ability to manage cross-functional projects in a fast-paced environment.
• Additionally, the successful candidate has demonstrated the ability to mix the science of compensation with the art of motivating and driving engagement while partnering day-to-day with employees, managers, team members and senior leaders to attract, retain and engage the client, ensuring they feel their value.

Duties and Responsibilities:

Compensation Cycle Execution:

• Configure and maintain the Oracle compensation planning tool to support annual planning.
• Prepare and deliver training materials for managers participating in the compensation cycle.
• Audit compensation recommendations for accuracy and alignment with guidelines.
• Track compensation budgets and prepare roll-up summaries for leadership review.
• Support communication efforts during the compensation cycle.
• Collaborate with Finance to ensure accurate payout of all compensation awards.

Performance Management Support:

• Develop Power BI tools to facilitate performance calibration sessions.
• Assist in translating performance ratings into compensation outcomes.
• Partner with HR Business Partners to provide process support and guidance.

Year-End Awards Planning:

• Serve as a core member of the planning team for year-end awards.
• Facilitate the nominations collection process and curate submissions for leadership review.
• Coordinate event planning for the awards ceremony, including day-of logistics and execution.

Talent Acquisition Partnership:

• Collaborate with the Talent Acquisition team to support recruiting efforts.
• Partner on offer development to ensure alignment with compensation strategy and market data.

Survey Participation:

• Participate in compensation surveys as needed
• Manage all benchmarking data in Pay factors, our compensation management tool

Education and Experience:

• Bachelor’s degree in Human Resources, Business Administration, or related field; advanced degree preferred.
• 4+ years of experience in compensation, HR operations, or related roles.

NOTES:

• Looking for a candidate with biotech / small company experience.
• Ability to adapt to a more scrappy and lean working environment like we have at company.
• Someone with experience at only larger established companies is likely not the right fit.