Senior Compensation Manager, CoStar Group – Arlington, VA
Arlington, TX - USA
Job Summary
Job Description
Who isCoStarGroup
CoStar Group (NASDAQ: CSGP)is a leading global provider of commercial and residential real estate information analytics and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100 CoStar Group is on a mission to digitize the worlds real estate empowering all people to discover properties insights and connections that improve their businesses and lives.
We have been living and breathing the world of real estate information and online marketplaces for over 35 years giving us the perspective to createtruly uniqueand valuable offerings to our customers.Wevecontinually refinedtransformedand perfected our approach to our business creating a language that has become standard in our industry for our customers and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliverforour customers our employees and investors. By equipping the brightest minds with the best resources available we provide an invaluable edge in real estate.
Roleoverview: Senior Compensation Manager
Arlington VA In-office MondayFriday
We are open to providing relocation support for the right candidate.
CoStar Group is seeking aSenior Compensation Managerto leadLeadsthe design implementation and administration of compensation programs that are aligned with CoStars compensation philosophy and businessobjectives. Partners with leadership to ensure programs are competitiveequitable performance-driven and compliant while driving high-quality execution of core compensation processes.
This is a player/coach role with direct people management. The Senior Compensation Manager will set direction coach and develop the team and personally lead complex compensation initiatives that support CoStar Groups scale growth andperformance drivenculture.
Key Responsibilities
Compensation Program Management
Design implement and administer base pay and incentive programs to support talent attraction retention and performance.
Ensure compensation programs are internallyequitableand externally competitive through market benchmarking and analysis.
Develop andmaintainsalary structures job architecture and job leveling frameworks.
Annual Compensation Processes
Lead the annual compensation cycle including budgeting merit planning bonus planning market adjustments and promotions.
Partner with HRBPs to provide guidance to business leaders on compensation decisions aligned to pay for performance.
Market Analysis & Insights
Manage participation in compensation surveys and benchmarking activities.
Analyze market trends and provide data-driven recommendations on pay strategy salary ranges and incentive design.
Research emerging compensation practices and assess applicability to the organization.
Business Partnership
Partner with HR Business Partners and business leaders to address compensation-related issues and initiatives.
Advise on complex compensation matters including offers promotions and retention strategies.
Support cross-functional initiatives involving compensation performance management and workforce planning.
Compliance & Governance
Ensure compliance with global federal state and local regulations as well as internal policies and governance standards.
Maintain working knowledge of applicable compensation-related legislation and regulatory requirements.
Systems & Process Oversight
Support the administration and ongoing enhancement of compensation-related systems (e.g. HRIS).
Drive process improvements to enhance efficiency accuracy and scalability of compensation operations.
Team Leadership
Manage and develop a team of compensation professionals.
Provide coaching prioritization and oversight to ensure high-quality deliverables and execution.
Scope & Impact (Level Alignment)
Operates withsignificant autonomywithin defined compensation philosophy and frameworks.
Leadsenterprise-wide programs or major componentsof compensation processes (e.g. annual cycle job architecture).
Providesrecommendations to senior leadership.
Basic Qualifications
Bachelors degree in Finance Human Resources or related field from anin personnotforprofitcollege or university.
A track recordof commitment to prior employers.
8 years of progressive experience incompensationwith3 yearsat alarge corporateorganization.
2 years ofexperiencemanaging and developing compensation professionals.
Strong analytical skills and experience with compensation data modeling and market analysis.
Knowledge of global compensation regulations and governance practices.
Experience managing compensation programs and leading annual pay processes in a complex organization.
Ability to effectively partner with managers and HR stakeholders by providing compensation analysis and guidance while handling highly confidential and sensitive information with the utmost discretion and professionalism.
Preferred Qualifications
Masters degree or other graduate coursework in a related field.
Experience with Workday HRIS.
Experienceoperatingin a globalenvironment.
Experience withsales incentive plans and sales compensation structures.
Exposure to or interest in AI-enabled HR tools and technologies.
Strong written communication skills including the ability to draft clearexecutive levelmaterials and presentations.
Whats In ItForYou
Ifyou area driven professional looking for a high-growth high-reward career CoStarGroupoffers the ideal part of a best-in-class companywith strong year-over-year growththat invests inyour success. Enjoy a rewarding atmosphere where you can learn excel and grow.
When you join CoStar Groupyoullexperience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.
We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal trainingandtuition reimbursement.
Our benefits package includes (but is not limited to):
Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
Life legal and supplementary insurance
Virtual and in person mental health counseling services for individuals and family
Commuter and parking benefits
401(K) retirementplanwith matching contributions
Employee stock purchase plan
Paid time off
Tuition reimbursement
On-site fitness center and/or reimbursed fitness center membership costs (location dependent)
Access to CoStar Groups Diversity Equity & Inclusion Employee Resource Groups
Complimentary gourmet coffee tea hot chocolate fresh fruit and other healthy snacks
Sponsorship
We welcome all qualified candidates who are currently eligible to work full-time in the United States to please note that CoStar Groupis not able toprovide visa sponsorship for this position.
CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing
Required Experience:
Manager
About Company
The most recommended lease management platform for office and retail tenant portfolios of commercial real estate.