Manager, Compensation ($139,300.00 - $179,800.00)

Date: Dec 10, 2024

Property: 550 NEWPORT CTR (0003)

Location:

Newport Beach, CA, 92660

Division: Human Resources (HR)

Req ID: 44059

Position Summary:

The Manager of Compensation will be a key member of Irvine Company's Compensation team and will be responsible to support and accurately report compensation, compensation recommendations, its trends, benchmarking analysis by researching relevant labor markets/sectors/companies to ensure market competitiveness that aligns with the company's goals and manage the merit review and bonus process to support the VP of Compensation and Benefits.

Job Duties:

Accurately report compensation, compensation budgets/projections/allocations and compensation recommendations, performance/merit and cash bonus programs/targets as directed by the VP of Compensation and Benefits.
Become proficient with HR Systems and understanding/knowledge to collect consolidated data or cuts of consolidated data using advanced Excel skills (e.g. Vlookups, arrays and pivot tables) to develop ad hoc reports as needed.
Major participant in all aspects of the development, administration and reporting of annual merit increase and bonus process
Conduct job analysis and evaluations to determine appropriate market pricing, job family classifications, bonus plan, and FLSA status of positions company wide
Evaluate business incentive plans (such as leasing incentives) for clarity/accuracy/understanding/legal and calculate their financial impact and report such impact to the requesting business leadership, Director of Compensation and VP of Compensation and Benefits
Build significant relationships with 3 rd party consultants and firms and participate in their compensation benchmarking surveys
Partner with HR Business Partners and HRIS team to create, modify and manage job codes, position codes and job families
Manage and maintain the company–wide job description database through its 3 rd party software and coordinating efforts with the HR business partners for changes/updates/accuracy/completion
Provide support for the company budget/forecasting process
Responsible for a wide array of ad hoc company-wide projects such as communicating pay and reward programs, ACA compliance, worker’s compensation and 401(K) auditing, design and administration of Compensation 101 training, maintaining the voluntary deferral database, conducting telephone surveys and market research for the businesses

Minimum Qualifications / Other Expectations:

Bachelor degree in Human Resources, Business Administration or related disciplines
Five (5) to nine (9) years of experience as a comp analyst preferred or any combination of training and experience that has provided the required knowledge, skills, and abilities
CCP (Certified Compensation Professional) a plus
Advanced proficiency in MS Excel required, proficiency in Word and Google G Suite desired
Experience with HRIS reporting, SAP, Success Factors
Experience using MarketPay or other market pricing tools
Experience with JDxperts or JDMS a plus
Strong problem solving, decision making, organizational and analytical skills
Excellent written and verbal communication skills

Compensation:

Base Pay Range: $139,300.00 - $179,800.00

Actual placement within this range may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.

The Company also offers competitive benefits for full time employees including paid time off, matching 401(k), and health benefits.

About Us:
Irvine Company is a privately held real estate investment company and master-planner committed to creating and sustaining communities that thrive for generations.

Irvine Company is respected for its master planning and environmental stewardship of the Irvine Ranch in Orange County, including diversified operations throughout coastal California. Irvine Company brings to life neighborhoods and sustainable communities with a full range of housing, jobs, retail centers, schools, parks and open space.

We take as much pride in our employee community as we do the communities we create. It’s an environment populated with talented and experienced people, a collaborative spirit and abundant opportunities.

Apply today to join our employee community, and learn more about Irvine Company, our legacy and our guiding principles.

Irvine Company is committed to providing equal opportunity in all of our employment practices, including selection, hiring, promotion, transfer, compensation, termination, and training, without regard to race, religion, color, sex, sexual orientation, gender, gender identity, national origin, ancestry, citizenship status, marital status, pregnancy, age, medical condition, genetic information, military and veteran status, disability, or any other basis protected by federal, state, and local law. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

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