Compensation Manager

Reposted 7 Days Ago
Be an Early Applicant
Reading, PA, USA
In-Office
Senior level
Logistics • Transportation • 3PL: Third Party Logistics
The Role
Lead and develop a team of compensation analysts; provide compensation consultation to HR business partners and managers; oversee job evaluation, market pricing, pay fairness analyses, annual budgeting, and large company-wide compensation initiatives. Support international compensation and execute projects assigned by the Director.
Summary Generated by Built In
Position Summary:
The Compensation Manager is responsible for managing the day to day compensation processes within the department with a focus on compliance, customer service, and building relationships with HR business partners. Supervise and develop a team of compensation analysts supporting PTL and PL business units.  Provide compensation consultation and guidance to the business to develop total compensation solutions.
 
This is an on-site position 4 days per week, and 1 day work from home per week, at our Corporate Office in Reading, PA
 
Major Responsibilities:
• Manage, coach, and develop team of compensation analysts. Oversee analysts supporting Field and Corporate operations.
     o Create an engaged, collaborate environment among analysts and provide continuous coaching and guidance.
     o Establish strong working relationships among team and serve as an escalation point for analysts if needed.
• Consultation to HR Business Partners and Corporate/Field Operations
     o Provide guidance to HR Managers and Corp/Field managers regarding salary levels for associates and develop total compensation solutions.
     o Actively participate in HR meetings and offer compensation support. This includes providing compensation advice and recommendations when needed.
     o Provide training on compensation philosophy, practices, and systems. Ensure that training is kept up to date and aligns with current policies and regulations.
• Lead compensation processes and/or projects to include the following:
     o Job evaluation and market pricing
     o Annual budget and structure analysis
     o In depth compensation analysis including pay fairness and regulatory reviews
     o Large scale, company-wide compensation initiatives
     o International compensation support
• Other projects as assigned by the Director, Compensation

 
 
Qualifications
Qualifications:
• Bachelor’s degree required or must have equivalent and relevant compensation experience.
• 6 years Compensation or related experience required, preferably in a multi-state environment.
• Experience with variable pay plans, budget and structure activities, and job evaluation methodologies required.
• CCP required or willingness to obtain within 1-2 years of entering the role. PHR or SHRM-CP a plus.
• 3 years management experience strongly preferred.
• 3 years HR/Finance Analytics strongly preferred.
• Internal Penske field experience a plus.
• Strong written and verbal communication skills.
• Team leadership skills and a desire to help others develop and succeed.
• Customer centric and results driven.
• Regular, predictable, full attendance is an essential function of the job
• Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required.

Physical Requirements:
-The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
-The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.
-While performing the duties of this job, the associate may be required to stand, walk, and sit.  The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms.  The associate must be able to occasionally lift and/or move up to 25lbs/12kg.
-Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Penske is an Equal Opportunity Employer.

About Us
About Penske Truck Leasing/Transportation Solutions
Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to help companies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and a commitment to customer success. Visit Go Penske to learn more.

Skills Required

  • Bachelor's degree or equivalent compensation experience
  • 6 years Compensation or related experience (preferably multi-state)
  • Experience with variable pay plans, budget and structure activities, and job evaluation methodologies
  • CCP certification required or willingness to obtain within 1-2 years
  • 3 years management experience
  • 3 years HR/Finance analytics experience
  • PHR or SHRM-CP
  • Strong written and verbal communication skills
  • Team leadership skills and desire to develop others
  • Customer centric and results driven
  • Regular, predictable, full attendance
  • Willingness to travel as necessary
  • On-site 4 days per week at Corporate Office in Reading, PA (1 WFH day)
  • Complete application, background investigation, and drug screening
  • Internal Penske field experience

Penske Logistics Compensation & Benefits Highlights

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

  • Retirement Support Retirement options include a 401(k) and, in some driver roles, a 100% company‑funded pension that provides strong long‑term value. These retirement features are described as rare and valuable within certain assignments.
  • Leave & Time Off Breadth Paid vacation, holidays, and sick leave are part of the standard package, with some roles offering PTO starting on day one. Time‑off provisions are consistently presented alongside core benefits.
  • Healthcare Strength Medical, dental, vision, and hearing coverage are complemented by telemedicine, mental‑health support, and disability options. FSAs/HSAs and wellness resources contribute to broad healthcare coverage.

Penske Logistics Insights

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The Company
HQ: Dearborn, MI
8,695 Employees
Year Founded: 1969

What We Do

Penske Logistics is a Penske Transportation Solutions company. We provide supply chain management and logistics solutions to leading brands around the world. Penske Logistics delivers value through its design, planning and execution in transportation, warehousing, freight management, and dry-van truckload services. Penske offers customized supply chain and logistics solutions including: Dedicated Contract Carriage; Distribution Center Management; Freight Management; Freight Brokerage; Transportation Management Solutions (TMS); Lead Logistics Provider (LLP), Control Tower and 4PL Solutions. We serve a variety of industries including: automotive; food, beverage, grocery, wine and spirits; cold chain; convenience and drug stores; quick service restaurants (QSRs); retail; big box retailers; building and construction products; CPG; healthcare; industrial manufacturing; consumer appliances and consumer electronics; and many others.

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