Compensation Manager

Are you a seasoned Compensation Manager looking for a challenging and rewarding opportunity? Look no further than Morgan Stanley! We are seeking a highly skilled and motivated individual to join our team as a Compensation Manager. As a global financial services firm, we are committed to attracting and retaining top talent, and the Compensation Manager plays a crucial role in achieving this goal. If you have a strong background in compensation strategy and analysis, exceptional attention to detail, and a passion for driving results, we would love to hear from you. Join us at Morgan Stanley and take your career to the next level!

1. Develop and implement compensation strategies that align with the company's overall business objectives and talent retention goals.
2. Conduct comprehensive analysis of market trends and internal data to ensure competitive and fair compensation practices.
3. Collaborate with HR and senior leadership to design and communicate compensation plans and policies that support the organization's goals.
4. Monitor and evaluate the effectiveness of existing compensation programs and make recommendations for improvements.
5. Manage and administer annual performance-based compensation processes, including salary increases, bonuses, and equity awards.
6. Ensure compliance with all legal and regulatory requirements related to compensation and benefits.
7. Provide guidance and support to HR and management on compensation-related matters, including job evaluations and offer packages.
8. Act as a subject matter expert on compensation, staying up-to-date on industry trends and best practices.
9. Partner with external consultants and vendors to conduct market surveys and benchmarking studies.
10. Manage a team of compensation analysts and provide coaching and development opportunities.
11. Develop and maintain strong relationships with key stakeholders and act as a trusted advisor on compensation matters.
12. Continuously evaluate and recommend improvements to the company's overall compensation philosophy and approach.
13. Contribute to the design and delivery of training programs for managers and employees on compensation-related topics.
14. Participate in budget planning and forecasting processes related to compensation and benefits.
15. Ensure data accuracy and integrity in all compensation-related systems and processes.

According to JobzMall, the average salary range for a Compensation Manager in New York, NY, USA is between $85,000 and $150,000 per year. This range can vary depending on factors such as the size and industry of the company, the level of experience of the individual, and the specific job responsibilities.

Morgan Stanley provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Services segment provides financial advisory, capital-raising services, and related financing services on behalf of institutional investors.