Job Description:
Saab Inc. is searching for a Compensation Manager to join our growing HR team. In this new position, you will play a critical role in ensuring competitive, equitable, and cost-effective compensation practices for our diverse exempt and non-exempt workforce across the United States. We are growing fast, and you will have the opportunity to make a direct impact on the future of Saab in the U.S. in this critical role.
This position is based in Syracuse, NY, but we will also consider a work location in our Washington, DC office. This position is eligible for the Saab, Inc. relocation package.
Key Responsibilities include but not limited to:
Compensation Strategy Development:
Develop and implement compensation strategies that align with organizational goals, industry standards, and regulatory requirements.
Analyze market trends and competitive benchmarks to ensure our compensation packages remain attractive and competitive.
Compensation Analytics and Reporting:
Utilize HRIS and other analytical tools to generate reports and provide insights on compensation trends, costs, and effectiveness.
Present findings and recommendations to senior management and key stakeholders.
Collaboration and Consultation:
Partner with HR Business Partners and hiring managers to provide guidance on compensation matters during recruitment, promotions, and retention efforts.
Serve as a subject matter expert on compensation-related inquiries and provide training to HR and management teams as needed.
Policy Development and Compliance:
Develop and maintain policies and procedures related to compensation practices, ensuring consistency and fairness across the organization.
Stay informed about changes in legislation and regulations affecting compensation and proactively adjust policies as necessary.
Job Evaluation and Salary Administration:
Lead job evaluation processes to determine appropriate job classifications and salary levels.
Conduct salary surveys and utilize market data to benchmark and adjust salary ranges as needed.
Ensure compliance with federal, state, and local regulations regarding compensation practices.
Incentive and Recognition Programs:
Design, implement, and administer incentive and recognition programs that motivate employees and drive performance.
Evaluate program effectiveness and make recommendations for improvements as necessary.
Typical Salary Range: $121,000-$160,000 for our Syracuse, NY location.
The compensation range provided is a general guideline. When extending an offer, Saab, Inc. considers factors including (but not limited to) the role and associated responsibilities, location, and market and business considerations, as well as the candidate's work experience, key skills, and education/training.
Skills and Experience:
Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field. Master’s degree preferred.
Certified Compensation Professional (CCP) designation is highly desirable.
10+ years of progressive experience in human resources and/or compensation management, preferably in a defense contractor or similarly regulated industry.
Strong knowledge of compensation principles, practices, and legal regulations (e.g., FLSA, OFCCP).
Experience with the design and implementation of executive compensation and equity programs a plus.
Experience with HRIS and compensation planning software required, experience with Workday a plus.
Excellent analytical skills with the ability to interpret data and trends, and make data-driven decisions.
Effective communication and presentation skills, with the ability to influence and collaborate across all levels of the organization.
Experience in Total Rewards design and administration a plus.
Citizenship Requirements:
Must be a U.S. citizen. Applicants selected may be subject to a government security investigation and must meet eligibility requirements for access to classified information.
Drug-Free Workplaces:
Saab is a federal government contractor and adheres to policies and programs necessary for sustaining drug-free workplaces. As a condition of employment, candidates will be required to pass a pre-employment drug screen.
Benefits:
Saab provides an excellent working environment offering professional growth opportunities, competitive wages, work-life balance, business-casual atmosphere and comprehensive benefits:
Medical, vision and dental insurance for employees and dependents
Paid time off including: minimum of 3 weeks vacation, 5 floating holidays, 8 designated holidays, parental leave, personal illness, bereavement, jury duty, long-term and short-term disability
401(k) with immediate vesting on employer match
Tuition assistance
Student loan assistance
Wellness account, Care.com subscription and employee assistance programs
Employee stock purchase program with employer match
About Us:
Saab is a leading defense and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 19,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. In the U.S., Saab delivers advanced technology and systems, supporting the U.S. Armed Forces and the Federal Aviation Administration, as well as international and commercial partners. Headquartered in Syracuse, New York, the company has business units and local employees in eight U.S. locations.
Saab is a company where we see diversity as an asset and offer unlimited opportunities for advancing in your career. We are also a company that respects each person’s needs and encourage employees to lead a balanced, rewarding life beyond work. Saab values diversity and is an Equal Opportunity/ Affirmative Action employer. All qualified individuals are encouraged to apply and will be considered for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, age, veteran, disability status, or any other federal, state, or locally protected category.