Compensation Manager

at  2U Alumni Job Board

At 2U, we are all in on purpose. We are motivated by our mission – to eliminate the back row in education – and connected by our shared passion to deliver world-class digital education at scale. As the parent company of edX, the world’s leading online learning platform, 2U powers more than 4,000 online higher education offerings – from free courses to full degrees. Together with more than 230 colleges, universities, and corporate partners, we are helping to unlock human potential.

RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED TO:

• Audits jobs for content and prepares job descriptions reflecting job responsibilities, activities, duties and requirements.
• Develops and/or participates in compensation surveys to collect and analyze competitive salary information to determine the company’s competitive position.
• Reviews proposed salary adjustments for conformance to established guidelines, policies and practices.
• Recommends corrective or alternative actions to resolve compensation-related problems.
• Reviews requests for new or revised classifications to determine appropriate salary grade assignment.
• Formulates recommendations regarding development of salary structures, FLSA exemptions, and job revisions.
• Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action.
• Prepares special studies and recommendations on sales and incentive compensation, bonus plans, and stock options including administration of domestic and/or international programs.
• Develops, implements, and administers compensation policies and programs.
• Partners with the Communication and Learning and Development team to create materials for compensation practices, processes and programs.
• Plans, administers, and drives the annual compensation cycle which includes, salary increases, merit increases, and promotions.
• Develops compensation training for Managers and the HR team.
• Consults with subject-matter expert to ensure compliance with SOX, internal policies, and local labor laws
• Partners with the HRIS team to ensure data integrity and proper configuration of processes in Workday
• Trains, coaches, mentors, and develops team members
• Performs ad-hoc reporting and other compensation processes as needed.
• Management Responsibilities:
• Provides guidance and support to team members
• Manages a variety of processes and projects

OTHER ATTRIBUTES THAT WILL HELP YOU IN THIS ROLE:

While this position is open to remote candidates across the U.S., we will prioritize those who live in the Washington-Baltimore metropolitan area and who are available to come into our Headquarters in Arlington, VA two days a week.