Position Summary: The Manager, Compensation will assist in the design, implementation, communication and administration of global compensation strategies and programs, both at the executive and non-executive level, that effectively attract, retain, and motivate talent to enable Atlas Air Worldwide Holdings to achieve its business strategies as directed by the Chief Human Resources Officer and Vice President Organizational Development and Training. Compensation models will include merit programs, incentive programs, bonus plans, equity plans, and global compensation planning to help drive organizational performance. The incumbent may work cross-functionally with internal departments and external resources on total rewards and long term incentive and stock plan administration related issues. The Manager, Compensation supports adherence to relevant regulatory requirements and Company Standard Operating Procedures (SOPs) as appropriate.
Major Job Accountabilities:
Collaborating with the Chief Human Resources Officer, VP Organization Development & Training, VP Human Resources, Senior Directors Benefits and HRIS, HR Business Partners, Executive Compensation & Benefits Counsel and Key Business Stakeholders to develop and maintain compensation programs in line with business objectives to attract and retain employees.
Conduct job evaluation and salary surveys, establishing salary structures, developing salary budgets and preparing policies and procedures to ensure the achievement of equitable and competitive employee compensation.
Work with line management to assess competitive market trends; proactively determine gaps to market and present recommendations to senior management for domestic and international markets. In addition will assist and guide management regarding salary increase and bonus award recommendations.
Maintain a working knowledge of US federal and state as well as international legislation and labor contracts that may affect compensation policies
Will assist facilitating the long term incentive program, annual bonus administration process, and other compensation policies and programs.
At the direction of the Chief Human Resources Officer and in collaboration with the Executive Compensation & Benefits Counsel, assist in preparing certain materials for the Compensation Committee of the Board, including, final Year-End recommendations and any ongoing program changes for merit, incentive, and bonus and equity programs for both domestic and global salary planning, primarily at the executive level.
Managing market data collection and analysis processes and developing systems to report salary ranges and changes in local, regional and national markets.
Overseeing all aspects of compensation planning to include system readiness, communication, and budget proposal.
Conduct ongoing research for improving effectiveness of compensation plans as it relates to market competitiveness to attract and retain employees.
Will serve as a main point of contact with external Company executive compensation consultant.
Providing professional consultation and guidance to CHRO, VP Organizational Development and Training, VP Human Resources and Senior Director Benefits on market data and trends.
We offer a highly competitive compensation and benefits package including health coverage, life insurance and 401k savings plan with company match. Visit our website at www.atlasair.com.
The Company is an equal employment/affirmative action employer. It is the Company's policy not to discriminate against any applicant or employee based on race, color, religion, sex, national origin, age, disability, protected veteran status, sexual orientation, gender identity or any other characteristic or status protected by applicable federal, state or local laws.