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Compensation Manager Jobs in Basking Ridge, NJ (NOW HIRING)

Fluidstack

Compensation Lead

New York, NY · On-site

$200K - $235K/yr

About the Role We're seeking an exceptional Compensation Manager who is equal parts strategist and practitioner. You won't just administer comp cycles - you'll operate as a trusted partner to the ...

Schonfeld

Director, Benefits & Compensation

New York, NY · On-site

$136K - $187K/yr

Manage key vendor relationships with defined KPIs and regular business reviews * Provide support to current compensation team through careful review of data, business processes, and provide detailed ...

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Compensation Manager information

See Basking Ridge, NJ salary details

$36.6K

$118.2K

$174.7K

How much do compensation manager jobs pay per year?

As of Aug 8, 2026, the average yearly pay for compensation manager in Basking Ridge, NJ is $118,236.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,900.00 and $136,500.00 per year, depending on experience, location, and employer.

What is a compensation manager?

A compensation manager is part of a corporate HR team which researches and develops the pay policies in a company. They use research to help determine fair pay scales for all the company employees. Duties include helping the business with recruiting and integrating new employees. At a small company, they might be responsible for all aspects of the pay system, while at a larger company they may have specific responsibilities, such as doing market research or surveying workers.

What is the difference between Compensation Manager vs Compensation Analyst?

AspectCompensation ManagerCompensation Analyst
CredentialsBachelor's degree, often HR or Business; certifications like CCP or CBPBachelor's degree in HR, Business, or related; certifications like CCP beneficial
Work EnvironmentOversees compensation strategies, manages teams, collaborates with HR leadershipAnalyzes salary data, prepares reports, supports compensation programs
Employer & Industry UsageUsed in large organizations across various industriesCommon in HR departments, especially in finance, healthcare, and tech sectors

The Compensation Manager focuses on developing and managing overall compensation strategies, policies, and team leadership. In contrast, the Compensation Analyst primarily conducts data analysis, prepares reports, and supports compensation program implementation. Both roles require similar credentials but differ in scope and responsibilities within the compensation function.

What are the key skills and qualifications needed to thrive as a compensation manager?

To thrive as a Compensation Manager, you need expertise in compensation analysis, benefits administration, and compliance, often supported by a degree in human resources or business and relevant certifications such as CCP (Certified Compensation Professional). Familiarity with HRIS systems, data analytics tools, and compensation benchmarking software is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you design competitive pay structures and collaborate with stakeholders. These skills ensure fair, data-driven compensation practices that support employee satisfaction and organizational goals.

What degree do you need to be a compensation manager?

A compensation manager typically needs a bachelor's degree in human resources, business administration, finance, or a related field. Many employers prefer candidates with a master's degree or professional certifications such as the Certified Compensation Professional (CCP). Relevant skills include data analysis, knowledge of compensation laws, and experience with HR software.

What are some common challenges compensation managers face when designing competitive pay structures?

Compensation Managers often navigate the challenge of balancing internal equity, market competitiveness, and budget constraints when designing pay structures. They must ensure that compensation packages attract and retain top talent while staying compliant with regulations and maintaining fairness across the organization. Additionally, Compensation Managers regularly analyze market data, manage employee expectations, and collaborate with HR and leadership to support organizational goals. These complexities require strong analytical skills, communication, and the ability to adapt to changing market trends.
More about Compensation Manager jobs
What cities near Basking Ridge, NJ are hiring for Compensation Manager jobs? Cities near Basking Ridge, NJ with the most Compensation Manager job openings:
Compensation Manager jobs near you
Infographic showing various Compensation Manager job openings in Basking Ridge, NJ as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, and 3% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $118,236 per year, or $56.8 per hour.

Global Compensation Services Coordinator

Weichert Family of Companies

Morris Plains, NJ • Hybrid

$55K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 12 days ago

Job description

Weichert Workforce Mobilityis hiring a Global Compensation Services Coordinator in Parsippany, NJ. This is a hybrid role requiring two in office days. The Global Compensation Services Coordinator provides key compensation tax and payroll related services in support of the overall delivery of assignment services to our clients.

Specific job responsibilities include, but are not limited to, the following:

  • Prepares, analyzes, and tracks expatriate payroll, compensation, benefits, global mobility and other assignment-related issues. Prepares compensation worksheets, payroll allowance calculations, cost projections, compensation summaries and W-2 reconciliations using standard software programs.
  • Creates, develops, and administers the tax and compensation processes according to the client's specifications and following Weichert's standard operating procedures.
  • Responsible for the accurate and timely documenting of conversations, exceptions, and correspondence in the system. Maintains file documentation and ensures data integrity. Adheres to Weichert's privacy and policies standards at all times.
  • Prepares international compensation calculations, including the calculation of hypothetical tax and assignment-related allowances such as cost of living and housing, as necessary using standard software programs.
  • Coordinates all tax-related aspects of the assignee's international assignment(s) with the tax return preparer as necessary.
  • Creates individual letters of assignment and cost estimates according to the terms of the assignment, client policy and special circumstances as appropriate.
  • Responds to payroll inquiries, policy interpretation, and expense questions from clients and assignees.
  • Advises on enhancements or improvements to the client's administration of services and/or processes and works with the Tax and Compensation Team Lead or International Tax and Compensation Manager on process improvement activities.
  • Attends daily/weekly meetings to review all upcoming projects and deadlines.
  • Prepares monthly and quarterly reports for both internal and external distribution.
  • Performs other duties as assigned.
Ideal candidates will meet the following criteria:
  • Bachelor's degree in Accounting, Finance, or related area
  • Global Mobility Specialist (GMS) certification preferred
  • Enrolled Agent (EA) or Certified Public Accountant (CPA) certifications preferred
  • One (1) to four (4) years of relevant experience
  • Previous experience in compensation accumulation/reporting strongly preferred
  • Understanding of global compensation, tax, and payroll
  • Fluency in a foreign language(s) preferred
  • Proficiency in Microsoft Office suite of products, especially Excel
  • Strong oral and written communications skills
  • Ability to multitask in a fast-paced environment
  • Intermediate math skills including addition, subtraction, multiplication, division, percentages, and fractions
  • Strong attention to detail
  • Excellent customer service skills

The estimated base salary range for this position is $55,000 to $70,000 (annually). The rate of pay offered will be dependent upon several factors including but not limited to the candidate's relevant skills, education, work experience, job location/geographic region, and/or certifications.

Weichert offers a comprehensive suite of benefit programs to all eligible employees, including medical, dental, and vision insurance, life and disability coverage, 401(k) retirement savings, Paid Time Off (PTO), Flexible Spending Accounts (FSA), and much more.

Weichert is an equal opportunity employer. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

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