Compensation Manager

Reposted 4 Days Ago
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Lehi, UT, USA
In-Office
110K-138K Annually
Senior level
Healthtech
The Role
Lead compensation strategy and program design, including incentive plans, benchmarking, salary structure, and annual review. Advise executives, HRBPs, and Recruiting on offers and job approvals, ensure DOL/FLSA compliance and pay equity, partner with counsel, coach HR Operations, prepare Compensation Committee materials, and implement scalable compensation programs using data analysis.
Summary Generated by Built In

At Collective Health, we’re transforming how employers and their people engage with their health benefits by seamlessly integrating cutting-edge technology, compassionate service, and world-class user experience design.

Collective Health is looking for an experienced Compensation Manager who can provide compensation strategy and advisory guidance to our leadership team and HRBPs in partnership with the VP, Total Rewards & People Operations.

This role is expected to develop market competitive compensation design, structure and guidance that differentiates Collective Health as an employer of choice so we can attract, retain, motivate and develop great talent.

The Compensation Manager will report directly to the VP, Total Rewards & People Operations and will interface directly with the leadership team, HR Business Partners, Recruiting team and various People Leaders across the company. Responsible for leveraging experiences, in-depth knowledge of compensation programs, prevalent market practices and data analytics in order to help inform our compensation-related decisions that create a total rewards opportunity for our employees.

What you'll do: 
  • Advise on compensation strategy, programs, and related matters while balancing compensation expertise, and relationship building skills.
  • Engage, influence, and provide concise guidance and recommendations to various audiences, including to the Executive team, HR Business Partners and People Leaders  
  • Lead design and consult on incentive compensation
  • Develop a deep understanding of Collective Health and the organizational structure
  • Responsible for compensation benchmarking and analysis, and salary structure design
  • Ensure salary and equity programs remain competitive 
  • Partner with the Recruiting team on internal offers and job approvals
  • Lead the annual compensation review process
  • Ensure compliance with DOL, FLSA and minimum wage requirements
  • Partner with outside counsel on annual pay equity reviews
  • Support and educate Managers on Compensation programs and processes
  • Provide support as needed for creation of Compensation Committee materials
  • Responsible for coaching HR Operations Specialists during their Compensation team rotation
  • Design and implement compensation programs at scale
To be successful in this role, you'll need:
  • 8+ years of Compensation experience required, with incentive design experience
  • Ability to perform well within a fast-paced, deadline-driven environment that requires working on multiple projects at once, without compromising quality and service levels
  • Demonstrated ability to partner and collaborate with People team peers and business stakeholders
  • Strong problem solving skills required to research, analyze and troubleshoot data, process and workflow issues and the initiative to take action and surface existing gaps
  • Excellent interpersonal, written, and oral communication skills
  • Ability to work independently, have exceptional organizational and attention to detail skills
  • Ability to maintain a high level of confidentiality regarding employee information
  • Fully proficient in Excel/Google Sheets
Pay Transparency Statement 

This is a hybrid position based out of our Lehi office, with the expectation of being in office at least three weekdays per week. #LI-hybrid

The actual pay rate offered within the range will depend on factors including geographic location, qualifications, experience, and internal equity. In addition to the salary, you will be eligible for 115,000 stock options and benefits like health insurance, 401k, and paid time off. Learn more about our benefits at https://jobs.collectivehealth.com/benefits/.

Lehi, UT Pay Range
$110,000$137,500 USD
Why Join Us?
  • Mission-driven culture that values innovation, collaboration, and a commitment to excellence in healthcare
  • Impactful projects that shape the future of our organization
  • Opportunities for professional development through internal mobility opportunities, mentorship programs, and courses tailored to your interests
  • Flexible work arrangements and a supportive work-life balance

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Collective Health is committed to providing support to candidates who require reasonable accommodation during the interview process. If you need assistance, please contact [email protected].

Privacy Notice

For more information about why we need your data and how we use it, please see our privacy policy: https://collectivehealth.com/privacy-policy/.

Skills Required

  • 8+ years of compensation experience, including incentive design
  • Fully proficient in Excel and Google Sheets
  • Experience with compensation benchmarking, salary structure design, and leading annual compensation review processes
  • Knowledge of DOL, FLSA, and minimum wage compliance
  • Demonstrated ability to advise and influence leadership, HR Business Partners, and recruiting stakeholders
  • Strong problem solving, data analysis, and troubleshooting skills
  • Excellent interpersonal, written, and oral communication skills
  • Ability to maintain confidentiality, work independently, and manage multiple projects in a fast-paced environment

Collective Health Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Collective Health and has not been reviewed or approved by Collective Health.

  • Healthcare Strength Benefits include competitive medical, dental, and vision coverage with options for $0 employee-only premiums and no waiting period, with some plans offering very low out-of-pocket costs. Feedback suggests this level of coverage is a standout element of the total package.
  • Leave & Time Off Breadth Generous time-off programs encompass ample PTO, 12 paid holidays, baby-bonding leave with a supportive return-to-work program, and a fully paid four-week sabbatical after five years. Feedback suggests these elements meaningfully enhance overall rewards beyond cash.
  • Wellbeing & Lifestyle Benefits A $100 monthly wellness stipend, access to Headspace resources, commuter support, and optional add-on insurances provide breadth and flexibility in day-to-day benefits. Feedback suggests these lifestyle supports contribute tangible value alongside salary.

Collective Health Insights

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The Company
HQ: San Francisco, CA
500 Employees
Year Founded: 2013

What We Do

Collective Health is a technology company simplifying employer healthcare to make health insurance work for everyone. With more than a quarter million members and over 60 enterprise clients—including Pinterest, Restoration Hardware, and more—our technical and customer experience teams are reinventing the healthcare experience for employers and their people.

Why Work With Us

Collective Health has a mighty mission—to make the American healthcare system effortless—and a culture focused empathy, authenticity, curiosity, and a need to solve hard problems. We have a diverse, mission-driven team with doctors working alongside data scientists and nuclear engineers to reinvent the the healthcare experience for everyday people.

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