Manager Compensation
Manager Compensation
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$ 140000 - 160000
1 Vacancy
Job Description
Who We Are
Revantage a Blackstone Real Estate portfolio company is a global provider of corporate services.
With a corporate purpose of In Pursuit of Better Revantage delivers valueadded services and worldclass talent for Blackstone Real Estate portfolio companies spanning diverse asset classes including residential logistics office hospitality and retail sectors. Headquartered in Chicago the companys footprint extends across North America Europe and Asia Pacific.
Rooted in a commitment to collaboration and inclusivity Revantage goes beyond traditional corporate services and acts as a trusted partner. Across offerings that include finance technology human resources and operations Revantage proactively anticipates stakeholder needs recruits exceptional talent and enables its business partners to thrive.
What We Value: Our Culture
Our people are our most important asset enabling Blackstone portfolio companies and investments to scale and thrive. Together we foster a workplace where everyone can be themselves enabling them todo their best work.
At Revantage we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work competitive compensation benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees voices and support an inclusive culture.
Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.
Our culture is built on our shared core values and commitment to be:
- Learners We learn from our challenges and successes
- Leaders We commit to continuous improvement
- Enthusiasts We face challenges with optimism and believe anything is possible
- Achievers We expect high standards for ourselves and enable the success of our teams
- Partners We deliver value and positive impact to our partners
Grow your career with us. As a member of our team youll gain handson experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
Why This Role Is Valuable
The Manager Compensation will have a focus on exceptional service delivery to multiple Blackstone Real Estate Portfolio Companies the Manager Compensation will serve as subject matter expert for internal partners on compensation programs and paying for performance. The Manager Compensation will play a lead role in developing and maintaining compensation plans and programs including base pay plans salary structures job evaluations job description library FLSA classifications and compensation related compliance for Revantage and the portfolio companies we support. The Manager Compensation will manage the annual pay planning cycle and work closely with the Compensation team on incentive plans and variable pay plans and components. This role will also be responsible for administering compensation programs policies and procedures. The ideal candidate provides advice is detailoriented analytical collaborative consultative and resourceful.
How You Add Value
Leads the evaluation and implementation of compensation structures for the various portfolio companies
Leads the development implementation and maintenance of compensation plans and programs policies and procedures
Manages the annual compensation pay planning cycle
Drives the development and/or revision and maintenance of HCM (Workday) for all compensation functionalities
Collaborate with HRIS and payroll to ensure all compensation functionality in HCM is accurate.
Manages the Compensation inbox. Ensure timely responses and resolutions to inquiries in the compensation mailbox.
Assists with the onboarding of new portfolio companies by analyzing their current compensation structure and aligning it with our pay for performance philosophy
Responsible for all Revantage and Revantagesupported compensation salary survey submissions
Evaluates and analyzes salary data determines pay grades
Implements and maintains competitive pay grades salary ranges and geographic zones
Responsible for maintenance of compensation planning tool(s)
Conducts reporting and analysis on compensation practices to identify and strategize gaps and/or future needs
Partner with the People & Culture Business Partner and Talent Attraction to identify compensation mix for new roles. Ensures the compensation program enhances the organizations ability to recruit and retain employees through market pay analysis
Manages and conducts job evaluations and recommends compensation mix in line with the companys pay philosophy
Manages and maintains job description profile which includes the job description database job family group job family and job title schemes to name a few
May manage direct report
May perform a variety of HR administrative tasks including corporate compensation plans and programs
What You Bring To The Role
Required:
7 years of compensation experience including experience in base pay incentive plans and variable pay components plans programs administration and pay practices
1 3 years supervisory experience preferred
Experience with implementing and maintaining compensation tools and software (ie. ERI PayScale Workday)
HRIS experience required Workday experience preferred
Advanced knowledge of Excel knowledge of Microsoft Office Suite
Selfmotivated with the ability to be flexible in fastpaced changing environments
Excellent people skills with a focus on solutions to deliver the best service possible
Demonstrated analytical and problemsolving skills
Very strong interpersonal skills and the ability to build relationships with stakeholders including team members management external parties
Extensive knowledge of applicable state and federal employment and labor laws in relation to pay practices
Must be discrete and maintain the highest confidentiality with extremely sensitive data
Candidate should have knowledge of commonly used concepts practices and procedures within Human Resources including compliance and regulatory requirements
Preferred:
Bachelors degree in business Human Resources or a related field is preferred.
Base Compensation Range:
$140000.00 To $160000.00. This represents the presentlyanticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors including but not limited to location and experience.Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees including health insurance coverage retirement savings plan paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans policies practices agreements or other materials or documents as in effect from time to time including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
Perks for You
- Competitive salary overall compensation and 401(k)
- Worklife balance offerings include:
- Hybrid Work Policy
- Productivity Hours weekly meetingfree work time
- Summer Fridays
- Work From Anywhere Month
- Inhouse and external learning & development opportunities
- Generous health insurance and wellness benefits
EEO Statement
Revantage is an equal opportunity employer. In accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email
Required Experience:
Manager
Employment Type
Full-Time
