Compensation Manager at NATIONAL RETAIL TRANSPORTATION in Lyndhurst, New Jersey

Posted in Management 9 days ago.

Type: Full-Time

$130,000.00 per year




Job Description:

 


Company Overview: 


NRS is a leading provider of transportation & supply chain management services, and a family-owned and operated company that has been providing smart logistics solutions for the world's leading retailers and manufacturers for 60+ years. Whether it’s NRT, Keystone, Keystone Fresh, or Keystone Capacity, our innovative energy drives us towards new and valuable solutions for our clients, even as we continuously grow and strengthen our network. We are dedicated to creating a culture that empowers the individual and offers our associates the opportunity to apply their unique skill to the challenges facing our clients. In the office, the warehouse, or on the road, it is this commitment to our innovative spirit that unites us in common mission to push boundaries in the logistics industry.


Join our team at NRS, Inc. and contribute to our mission of providing exceptional transportation and logistics services while optimizing HR operations. We offer a competitive salary and benefits package, and we are committed to providing our employees with a positive work environment and opportunities for growth and development. Apply now and be a part of our success story! 


Job Overview:


The Compensation Manager has a strong technological background and is responsible for developing and implementing our company's compensation strategies and structures to ensure competitive, equitable, and sustainable pay practices. The Compensation Manager oversees salary and wage administration, incentive plans, and the evaluation of job positions, ensuring alignment with our company's strategic objectives and compliance with regulatory standards.


This position will research, build and implement NRS compensation structures for hourly, salaried, executive and incentive plans. Once implemented, regular administration is required, including providing requisite training to Managers and above on the multiple compensation programs.


Duties and responsibilities:



  • Lead the development, implementation, and administration of compensation policies and programs.

  • Conduct comprehensive market analyses to benchmark salary structures and ensure competitive compensation across all departments.

  • Collaborate with HR and senior management to design and manage incentive and bonus programs that align with company performance and strategic goals.

  • Develop and implement standard operating procedures for the establishment of new positions within the company.

  • Design and oversee the implementation of salary grading systems and structures.

  • Oversee job evaluations and classifications, ensuring that compensation practices comply with current laws and regulations.

  • Manage annual salary review processes, including merit increases and market adjustments, ensuring they are administered fairly and consistently.

  • Provide expertise and guidance on pay decisions, policy interpretations, and job evaluations to HR partners and management.

  • Develop and prepare compensation-related reports and presentations for executive leadership and the board.

  • Stay abreast of trends, regulations, and best practices in compensation to recommend changes and enhancements to current programs.

  • Perform other duties as assigned.


Qualifications:



  • Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field is required.

  • Minimum of 5 years of experience in compensation, including design, analysis, and administration of salary and incentive programs.

  • Proficient with Microsoft Excel at an intermediate or expert level.

  • Experience with Power BI is highly preferred.

  • Experience with UKG software is highly preferred, demonstrated experience in HRIS’s is required.

  • Experience in the transportation, logistics, or related industry is beneficial but not required.

  • Proven track record of managing complex compensation projects and initiatives.

  • In-depth knowledge of compensation strategies, structures, and best practices.

  • Strong analytical and problem-solving skills, with the ability to manage large datasets and provide actionable insights.

  • Excellent verbal and written communication skills, with the ability to explain complex compensation information to a variety of audiences.

  • Familiarity with federal, state, and local compensation laws and regulations.


Physical Demands:



  • Extended Sitting: Primarily desk-based with prolonged computer use.

  • Computer Use: Frequent operation of computers and office equipment, requiring manual dexterity.

  • Eye Strain and Repetitive Motion: Risk from continuous screen use and repetitive tasks like typing.

  • Office Navigation:  Light walking and standing for meetings and tasks within the office.

  • Light Lifting: Occasional handling of objects up to 20 pounds.


EEO Statement:
NRS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.


#NRSIND


 

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