ZipRecruiter

Log In

1

Compensation Strategy Jobs in Michigan (NOW HIRING)

Pro Mach

Compensation Manager

Detroit, MI

Are you passionate about compensation strategy, data analysis, and helping organizations attract and retain top talent? We're seeking a Compensation Manager to join our HR/Compensation and Benefits ...

Fessler & Bowman

Compensation & Benefits Manager

Holly, MI · On-site

$70K - $95K/yr

Compensation Strategy and Administration * Develops, implements, and maintains competitive compensation programs aligned with company goals by conducting regular benchmarking, job evaluations, and ...

Fessler & Bowman

Compensation & Benefits Manager

Holly, MI

$70K - $95K/yr

Compensation Strategy and Administration * Develops, implements, and maintains competitive compensation programs aligned with company goals by conducting regular benchmarking, job evaluations, and ...

Learning Care Group

Senior Compensation Analyst

Novi, MI

$78K - $101K/yr

Oversees participation in compensation surveys, ensuring data accuracy and interpreting survey results to inform compensation strategy and program design. Administers and continuously improves ...

Learning Care Group

Senior Compensation Analyst

Novi, MI · On-site

$78K - $101K/yr

Oversees participation in compensation surveys, ensuring data accuracy and interpreting survey results to inform compensation strategy and program design. * Administers and continuously improves ...

Learning Care Group

Senior Compensation Analyst

Novi, MI · On-site

$78K - $101K/yr

Oversees participation in compensation surveys, ensuring data accuracy and interpreting survey results to inform compensation strategy and program design. * Administers and continuously improves ...

Marriott

Director of Human Resources

Detroit, MI · On-site

Managing Employee Compensation Strategy Remains current and knowledgeable in the internal and external compensation and work competitive environments. Leads the planning of the hourly employee total ...

Marriott

Director of Human Resources

Detroit, MI

Managing Employee Compensation Strategy Remains current and knowledgeable in the internal and external compensation and work competitive environments. Leads the planning of the hourly employee total ...

Delta Staffing

Compensation Analyst

Troy, MI · On-site

Benchmark compensation for new hires to ensure alignment with market standards and internal equity ... Advise on strategies for employee retention and severance packages. * Lead and support HR-related ...

next page

Showing results 1-20

All JobsCompensation Strategy JobsCompensation Strategy Jobs in Michigan

Compensation Strategy information

What is compensation strategy?

Compensation strategy refers to an organization's approach to designing and managing employee pay, benefits, and rewards to attract, motivate, and retain talent. It involves aligning compensation programs with business goals, market trends, and internal equity considerations. A well-developed compensation strategy helps ensure that employees are fairly rewarded for their work and that the company remains competitive in the job market. It typically includes salary structures, incentive plans, and benefits offerings tailored to the organization's objectives.

What jobs in the US pay 300,000 a year?

In compensation strategy roles, senior-level positions such as compensation directors, vice presidents, or chief compensation officers can earn $300,000 or more annually, especially in large corporations or financial institutions. These roles typically require extensive experience, advanced degrees, and expertise in compensation analysis, market research, and HR policies.

What jobs pay 500,000 a year in the US?

In compensation strategy roles, high-level executive positions such as Chief Compensation Officers or Compensation Directors can earn $500,000 or more annually, especially in large corporations. Additionally, senior roles in investment banking, private equity, or executive management in certain industries may reach or exceed this level, often combined with bonuses and stock options. These positions typically require extensive experience, advanced degrees, and specialized skills in finance or leadership.

What job makes $10,000 a month without a degree?

In compensation strategy roles, high-level consultants or specialists with extensive experience can earn $10,000 or more per month, especially in senior or executive positions. Such roles often require strong analytical skills, industry knowledge, and sometimes certifications, but may not always require a formal degree if compensated through performance and expertise.

What are the key skills and qualifications needed to thrive in Compensation Strategy, and why are they important?

To thrive in Compensation Strategy, you need a strong background in data analysis, compensation principles, and human resources, often supported by a degree in HR, finance, or business. Familiarity with compensation management software, HRIS systems, and certifications like CCP (Certified Compensation Professional) is highly valuable. Excellent communication, problem-solving, and stakeholder management skills set top performers apart in this field. These capabilities ensure fair, competitive, and compliant compensation programs that drive employee engagement and organizational success.

How does a Compensation Strategy professional typically collaborate with HR and business leaders to develop effective pay structures?

Compensation Strategy professionals work closely with HR teams and business leaders to align pay structures with organizational goals and market benchmarks. They participate in regular meetings to discuss workforce trends, company performance, and budget constraints, ensuring that compensation plans attract and retain top talent. This role often involves analyzing salary data, proposing adjustments, and presenting recommendations to leadership for approval, fostering a collaborative environment that balances business needs with employee satisfaction.

What profession makes $400,000 a year?

In the field of compensation strategy, senior-level roles such as Compensation Directors or Vice Presidents can earn $400,000 or more annually, especially in large corporations or industries like finance and technology. These positions typically require extensive experience, advanced degrees, and expertise in compensation analysis, benefits, and organizational strategy.

What is the difference between Compensation Strategy vs Compensation Analyst?

AspectCompensation StrategyCompensation Analyst
Primary FocusDeveloping overall compensation plans and policiesAnalyzing salary data and market trends
ResponsibilitiesDesigning pay structures, benefits, and incentive programsConducting salary surveys, data analysis, and reporting
Required CredentialsHR or compensation certifications, relevant experienceDegree in HR, finance, or related field; analytical skills
Work EnvironmentStrategic planning, policy development, cross-department collaborationData analysis, reporting, supporting compensation decisions

While Compensation Strategy focuses on creating and guiding overall pay policies and structures, Compensation Analysts implement these strategies through data analysis and market research. Both roles are essential in ensuring competitive and equitable compensation practices within organizations.

What are popular job titles related to Compensation Strategy jobs in Michigan? For Compensation Strategy jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Compensation Strategy jobs in Michigan look for? The top searched job categories for Compensation Strategy jobs in Michigan are:
What cities in Michigan are hiring for Compensation Strategy jobs? Cities in Michigan with the most Compensation Strategy job openings:
Compensation Strategy jobs near you
Compensation Professional

Compensation Professional

Wayne State University

Detroit, MI

$82K - $106K/yr

Other

Posted 27 days ago

Wayne State University rating

7.6

Company rating: 7.6 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

242nd of 538 rated colleges and universities

Job description

JOB PURPOSE
Assists in the development, implementation, and administration of contemporary compensation programs, policies, procedures and processes. Collaborates on the development of a new compensation system, including redesigning the salary structure, creating new processes for salary increases and administration, determining the approach to variable pay and helping to provide education to the campus community.  Reports to the Senior Director, Total Rewards.
ESSENTIAL FUNCTIONS 
Conducts job analysis and evaluations. Prepares job descriptions. Completes compensation surveys. Identifies, evaluates and communicates qualitative and quantitative data trends to assist leaders in making data-driven decisions. Monitors federal, state and local compensation regulations. Audits pay practices to ensure compliance with wage and hour laws and regulations and internal pay policies. Design and author compensation metrics, reports, and tools to inform compensation program decisions. 
Consults with employees, leaders and HR on the appropriate classification of positions, determination of compensation level and salary ranges, etc. Advises and assists in the application and interpretation of human resources policies, legal and union contract compliance.
Leads continuous improvement of compensation services and processes. Creates process documents. Facilitates, leads, and participates in large-scale organizational projects, compensation projects and multidisciplinary teams. Recommends and implements compensation administration improvements to increase the effectiveness and competitiveness of our compensation strategy, processes and structures.
Administers annual pay administration programs. Maintains compensation systems and databases. Assists in the design of human capital management systems that provide leaders & HR team with requisite information regarding salary administration, market comparative data, internal equity analysis, etc. Provides analytical support for ad hoc research and compensation initiatives.  
Perform other duties as required.
WORK CONTEXT
Job Reports to: Senior Director.
Leadership Accountability: Implements operating plans.
Customer AccountabilityInterfaces with customers inside S/C/D.
Freedom to ActSubject to general input from supervisor.

What Wayne State University employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply