Family Dollar
500 Volvo Pkwy
Chesapeake
Virginia
Summary: The Manager of Compensation is responsible for the design, implementation, and administration of Family Dollar's broad-based compensation programs. This role will lead a team responsible for supporting the compensation programs for our Retail teams.
Manage the Company's compensation programs, including base pay and short-term and long-term incentive plans
Lead a team of Compensation professionals supporting our Retail division
Lead the participation and analysis of external salary surveys and market pricing of roles to ensure our programs are competitive
Responsible for maintaining and updating the Company's salary structures based on external survey analysis
Work with business partners to evaluate the compensation of new and existing roles and creating job descriptions
Evaluate the effectiveness of compensation programs and make recommendations for enhancements that deliver on Family Dollar's commitment to pay for performance
Collaborate with all areas of the business to assist with the design, implementation, and communication of incentive plans that reward associates for delivering desired business results
Manage the Company's incentive calculation system (Varicent ICM) and identify opportunities for process improvement
Manage the relationship with third-party administrator and broker for LTI plans
Support all compensation components of the annual performance process, including, merit planning, bonus administration, and administration of LTI awards for all associates
Create compensation education materials to increase associate understanding and engagement
Participate in special projects related to compensation programs or systems on an as-needed basis
Ensure all programs comply with applicable federal, state, and local legislation
Compensation experience in a retail or Supply Chain organization preferred
Experience with retail or sales compensation preferred
Bachelor's degree (BA / BS / BFA) or equivalent
3 to 5 years' experience in Compensation
Computer Skills: Microsoft Word, PowerPoint, Excel; Showcase Query (SQL); Incentive Compensation Management tools (Varicent)
Prior Management experience
Certified Compensation Professional
Experience using Workday (Core Compensation & Advanced Compensation modules)
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