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Manager, Compensation

Job ID: 15569
Job Type: Full-time
Location: Westlake Village, CA
Date Posted: Dec 5, 2023

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Job Description

Guitar Center's Compensation Manager is a strategic, hands-on role that provides an opportunity to manage all enterprise compensation programs and processes and will work closely with departmental and cross-functional business partners to ensure enterprise-wide alignment with compensation philosophies, all aspects of pay, and incentive plans.

 

Reporting to the Sr. Manager, Total Rewards, our Compensation Manager must be a forward-thinker who can articulate a clear strategy and vision across all related Guitar Center enterprise-wide programs in order to accelerate our compensation offerings and advance Guitar Center's position as an employer of choice.

 

RESPONSIBILITIES/DUTIES

  • Plan, develop, implement, administer, and effectively communicate Enterprise-wide compensation programs, policies, and procedures and monitor compliance
  • Apply deep business knowledge to evolve and develop compensation programs that inform long-term business decisions and priorities
  • Lead compensation program implementation, change management and measurement of program success
  • Drive results by tracking key operational metrics, identifying process improvement opportunities and delivering on strategic initiatives
  • Initiate programs and policies to protect and improve the quality of compensation data, manage the gathering and documentation of technical requirements and processes
  • Manage and oversee the bonus plan process and executive compensation
  • Evaluates jobs, benchmarks, and review job offers for internal and external equity.
  • Participates in compensation surveys to collect and analyze salary information to determine company's competitive positions
  • Review and make recommendations to compensation policies and processes
  • Serve as a compensation advisor to management throughout the Enterprise
  • Ensures company compliance with existing legal employment requirements (EEO, FLSA, wage hour) -- both individually and through communication and training of department and location managers -- and local laws governing compensation
  • Supervises and manages support personnel within the compensation team as it relates to all projects or related work, establishes performance requirements, clarifies responsibilities of those supervised, conducts performance appraisals and plans for individual employee improvement
  • Additional duties as assigned.

 

MINIMUM REQUIREMENTS & SPECIAL ATTRIBUTES

  • Bachelor's Degree is preferred, in Business, HR, or a related field
  • Retail experience is preferred.
  • 5+ years of relevant work experience in compensation
  • 3+ years of experience with analysis, plan design and administration of compensation programs
  • 3+ years of experience administering multi-level compensation plan(s) for organizations with multiple states and more than 3,000 employees
  • Experience conducting research and participating in salary surveys to benchmark and learn industry best-practices
  • Experience managing the annual merit increase, bonus, and LTIP/deferred comp payout processes
  • Skilled proficiency with the Microsoft suite of program skills (Word, Excel, PowerPoint, Outlook)

 

  • Analytical Skills: Explores information, data, reports, and/or items in order to extract meaningful insights, which can be used to better understand and improve business performance. Able to understand marketing data and analysis and develop campaign recommendations and optimizations from these insights.
  • Business Acumen: Understands how the business works including key business drivers, important company strategies, competition, and financial data impacting the department/organization. Makes business decisions that support financial targets.
  • Collaboration: Able to develop cooperation and teamwork while participating in and leading groups, working toward solutions which generally benefit all involved parties. Proven cross-functional team participation capabilities. Able to work effectively with internal and external partners to accomplish goals.
  • Customer Focus: Able to understand and focus on the customer experience when designing services and processes. Able to establish and maintain effective relationships with customers and gain their trust and respect.
  • Delegation: Able to delegate both routine and significant tasks and decisions. Assesses employees' readiness and ability, and assigns tasks that are appropriate to their skill level. Follows up as needed and share both responsibility and accountability.
  • Interpersonal Communication: Able to communicate with diverse people in a clear, concise, and courteous manner through multiple methods, including verbal and written. Caters messages to specific audiences. Demonstrates respect to others, surroundings, and self.
  • Initiative: Able to identify opportunities and issues and proactively follow through to capitalize and resolve them. Takes positive action without necessarily being requested to do so, and thinks critically to identify solutions. Driven by continuous process improvement and creativity. Tireless worker with a positive, can-do attitude.
  • Organizational Skills: Able to utilize time, energy, and resources to manage priorities, stay on track, and achieve goals. Establishes a systematic course of action to achieve an objective. Manages multiple projects and pays strong attention to detail. Completes tasks thoroughly in a timely manner.
  • Performance Management: Able to develop skills and capabilities of direct reports to ensure goals are met. Provides constructive & positive feedback, conducts performance appraisals, and provides learning and development opportunities.
  • Project Management: Able to develop and execute strategic project plans that align with organizational objectives. Coordinates groups of individuals to maximize available knowledge and resources, and follows through to track progress and ensure timely completion. Identifies methods for improving existing processes, practices, and procedures.
  • Technology Skills: Able to navigate technology systems, equipment, and computer programs needed to fulfill communication, customer service, and business needs & expectations.

Pay Rate: $109,500- $140,000.00 / annually depending on background and experience.

The job posting is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific employee, which is always dependent on actual experience, education, and other factors. The pay range(s) listed are provided in compliance with state specific laws. Pay ranges may be different in other locations

Guitar Center is an Equal Opportunity Employer and provides fair and equal employment opportunity to all employees and applicants regardless of race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, veteran status or any other protected status prohibited under Federal, State, or local laws. All employment decisions are based on valid job‐related requirements.

If you are a qualified individual with a disability or a disabled veteran and are unable or limited in your ability to use or access our website, you may request a reasonable accommodation to express interest in a specific opening. You can request reasonable accommodation by calling 1‐818-735-8800 ext. 2862 or by sending an email to [email protected].

About Guitar Center

Guitar Center embodies the world of creativity and music by encouraging our teammates to find their own individual sound. We strive to craft lifelong musicians and make a difference in the world by enabling musicians and non-musicians alike to experience the almost indescribable happiness that comes from playing an instrument. We believe in putting our customers first, engaging with respect and integrity and fulfilling our mission with passion.

Why join us?

With a career at Guitar Center, you become part of the world's largest multichannel musical instrument retailer. Whether at our Stores, Contact Centers, Distribution Centers, or Support Center, Guitar Center employees have a common goal: to help people find their sound and fill the world with more music.

Love this gig and want to apply?

Send your resume and cover letter today along with salary expectations!

Guitar Center is an Equal Opportunity Employer and provides fair and equal employment opportunity to all employees and applicants regardless of race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, veteran status or any other protected status prohibited under Federal, State, or local laws. All employment decisions are based on valid job‐related requirements.

If you are a qualified individual with a disability or a disabled veteran and are unable or limited in your ability to use or access our website, you may request a reasonable accommodation to express interest in a specific opening. You can request reasonable accommodation by sending an email to [email protected].

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