Position Overview & Responsibilities
The Compensation Manager is a newly created position with two distinct but related areas of responsibility: (1) Refine, develop and help implement compensation strategies, programs, policies and procedures to ensure we attract, identify, retain, and reward employees, especially high performers and those with potential to become high performers. (2) Be a key partner to the HR Executive Director, the Human Resources Department, the Divisional Business Officers and the College’s Leadership in using compensation as a component of a broader talent management strategy (eg., performance management and pay for performance strategies) designed for a period of growth and which improves performance and promotes Merrimack’s culture. The Compensation Manager will be instrumental in directing Merrimack’s pay structure by monitoring market conditions and government regulations to ensure that the College’s pay rates are current and competitive.
- Develop and help implement compensation strategies that support workforce retention, promotion, and succession planning. Evaluate existing and potential compensation systems and programs using both internal and external data.
- Act as an internal consultant to managers on compensation issues, such as appropriate salary grades and titles.
- Support the HR Executive Director and HR team in developing and executing the College’s talent and performance management strategy.
- Manage campus-wide classification policies, procedures and determinations to ensure equity and salary survey reviews and completion, including reviewing and updating formal salary range structures to ensure competitive, equitable and cost-effective programs. Where appropriate, consult with external compensation vendors to benchmark compensation.
- Collaborate with the Budget Department on collecting, analyzing, and maintaining HRIS compensation data, which informs leadership’s organization and business strategies. Assist in the development and analysis of specialized data-driven compensation reports for stakeholders.
- Support a culture of equal employment opportunity, diversity, and competitive advantage in support of the College’s DEI strategy.
- Ensure that our compensation and other performance management initiatives are focused and aligned on improving operational efficiencies and effectiveness.
- Conduct compensation surveys that support new talent management strategies and/or external reporting requirements.
- Monitor the effectiveness of compensation strategies and programs and recommend changes to further align objectives with outcomes.
- Bachelor’s Degree required, Master’s degree preferred
- SPHR or SHRM-SCP preferred.
- At least 8 years of increasingly responsible experience in Human Resources, including compensation, benefits, performance management, and/or HR planning and administration.
- Strong interpersonal and customer service skills, strong verbal and written communication skills. Experience with an HR management system (ex. ADP, Workday), Proficiency with Google and MS Office suites. Ability to interact effectively at all levels of the College.
- Cultural competence and ability to serve and support people of various identities and backgrounds.
- Ability to multitask, iterate and lead under pressure.
- Proven understanding of HR practices, including knowledge of applicable state and federal laws associated with the administration of talent and compensation programs.
- Experience with best practices in the area of diversity, equity and inclusion, especially as it applies to compensation, performance management and supporting faculty and staff from historically underrepresented groups.
- Experience in Higher Education or consumer-facing industry where strong customer service is very important.
- Experience selecting and managing compensation consultants and related HR vendors.
Statement on Our Mission:
Merrimack College is a Catholic Augustinian institution of higher education committed to building a culturally and racially diverse community. Our mission is to enlighten minds, engage hearts and empower lives and is inspired by our Catholic faith and the Augustinian tradition of seeking truth through inquiry and dialogue. Merrimack College seeks candidates who understand, respect and can contribute to Merrimack’s Augustinian mission and values and advance our work in the area of diversity, equity and inclusion. We strongly encourage applications from members of underrepresented groups. All candidates should describe in their application previous experience related to equity, diversity, and inclusion, as well as how they will engage in fostering a culture that supports our Augustinian mission, our Catholic faith and our values of diversity, equity and inclusion.
Application materials should include:
• Cover letter stating motivation and interest in the position, citing experience relevant to the qualifications and including experience with, and commitment to, our Catholic Augustinian mission, our values, and our desire to be a more diverse, equitable and inclusive institution of higher learning.
This position is subject to the successful completion of a criminal background check.
Required Vaccinations & Remote Work:
Unless otherwise stated above, this is an on-campus position. This is not a remote or hybrid position as employees are essential in order to provide a fully on-campus, residential college experience for our students and the community.
Merrimack College currently has a COVID-19 Vaccination Policy. Students, faculty and staff are required to be vaccinated for COVID-19.
About Merrimack College:
The only Catholic, Augustinian institution of higher education in New England, Merrimack College is a private, independent, coeducational institution with more than 5,000 undergraduates and graduate students from 32 states and 37 countries, and comprises schools of liberal arts, science and engineering, health sciences, education and social policy, and business. The college’s 260- acre campus is approximately 25 miles north of Boston in North Andover and Andover, Massachusetts. Merrimack is a Master’s Colleges & Universities/Medium Programs institution in the Carnegie Classification of Institutions of Higher Education. Merrimack is one of the fastest growing educational institutions in the country and has steadily climbed up U.S. News & World Report’s ranking of Best Colleges, coming in 46th out of 170 schools ranked in the Regional Universities North category in 2020. Merrimack is also listed as one of the top 10 most innovative schools and placed 35th for best undergraduate teaching programs among schools in the U.S. News category.
Merrimack College is an Equal Opportunity Employer.
Closing Date: 1/23/21
Position Code: 938