Manager, Compensation
Your Opportunity
Your opportunity
At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.
As a Manager, Compensation, you will report to a Director of Compensation, and manage the development, implementation and administration of compensation processes and structures that attract and retain the right talent. You will consult with HR and business partners to create solutions that drive desired behaviors and business results while remaining compliant with policies and regulations. You will consult and collaborate with stakeholders to create solutions and improve compensation processes.
Role Overview:
- Work closely with various teams on compensation programs that help drive business results.
- Collaborate with stakeholders on aspects of program/process design, implementation, improvement and ongoing administration of compensation initiatives such as annual pay planning, job structure, and market pricing.
- Foster a close working relationship with partners in Compensation, the broader Human Resources organization and assigned client groups.
- Perform ongoing competitive benchmarking for client organizations and advising business partners on the multiple considerations when determining salary and bonus recommendations.
- Understand and respond to unique considerations that come with supporting the Wealth Adviser Services organization.
- Assess and analyze external and internal competitive environment to identify market trends and implications for compensation.
- Lead and execute projects, leveraging project plans to identify key milestones and deliverables.
- Work collaboratively with members of the broader Compensation team to ensure consistency of methods and applications and providing project leadership within the broader Compensation team.
- Find solutions to problems of diverse scope where analysis requires sound judgement and evaluation of various data sources and intangible factors.
- Maintain compliance with local, state, and federal laws governing compensation and incentive practices.
What you have
To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have
Required Qualifications:
- Bachelor’s degree in Business Administration, Economics, Statistics or Math preferred or equivalent work experience
- 4 years or more of human resources or compensation experience in a large and complex corporate environment
- Excellent working knowledge of Microsoft applications including Excel, PowerPoint and Word.
- Experience with Workday or other Human Capital Management system.
Preferred Qualifications:
- Experience in financial services strongly preferred.
- Excellent analytical and quantitative skills.
- Excellent interpersonal and collaboration skills.
- Commitment to providing superb customer service to our business partners.
- Ability to work well with others in a fast-paced, team environment.
- Creative problem-solving skills; ability to think beyond immediate consequences.
- Flexibility to work in situations where there is no unique, correct answer.
- Ability to apply independent judgment with follow-up to business partners regarding the appropriate course of action.
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
What you are good at
What you have
To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have
Required Qualifications:
- Bachelor’s degree in Business Administration, Economics, Statistics or Math preferred or equivalent work experience
- 4 years or more of human resources or compensation experience in a large and complex corporate environment
- Excellent working knowledge of Microsoft applications including Excel, PowerPoint and Word.
- Experience with Workday or other Human Capital Management system.
Preferred Qualifications:
- Experience in financial services strongly preferred.
- Excellent analytical and quantitative skills.
- Excellent interpersonal and collaboration skills.
- Commitment to providing superb customer service to our business partners.
- Ability to work well with others in a fast-paced, team environment.
- Creative problem-solving skills; ability to think beyond immediate consequences.
- Flexibility to work in situations where there is no unique, correct answer.
- Ability to apply independent judgment with follow-up to business partners regarding the appropriate course of action.
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.