Compensation Manager (Finance)

SOLV Energy is an engineering, procurement, construction (EPC) and solar services provider for utility solar, high voltage substation and energy storage markets across North America.

Job Description Summary:
Reporting to the Director of Compensation & Benefits, the Compensation Manager will be responsible for the company's compensation structure and strategy to ensure ongoing competitive compensation for top-talent. This role will perform market research, development, and implementation of company compensation programs, monitor effectiveness, and make revisions as needed.

Job Description:

*This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned

Position Responsibilities and Duties:

The Compensation Manager will have the following primary duties:

• Conduct market analysis, internal equity assessments, and pay program evaluations to ensure competitiveness and compliance.
• Oversee the administration of equity-based compensation programs to ensure compliance and alignment of equity offerings with company strategy.
• Play a key role in the annual compensation cycle, including merit, bonus, and promotion planning.
• Partner with leadership and Total Rewards leadership to support the design, modeling, and implementation of executive pay programs (base salary, STI, LTI, and perquisites).
• Analyze compensation trends and provide recommendations for pay adjustments.
• Partnering with the benefits team to help develop benefits programs that complement the compensation structure for employees.
• Advising managers and supervisors about matters related to compensation.
• Participate in salary surveys, and conduct job evaluations for employees at all levels.
• Support multiple projects such as annual compensation planning, salary structure management and pay transparency.
• Support People Operations and business leaders in compensation-related inquiries and decision-making.
• Ensure compliance with federal, state and local compensation laws and minimum wage regulations.
• Collaborate with People Operations and Finance teams to align compensation programs with company goals.
• Partner closely with the recruiting organization in the analysis of offers to ensure sound, compelling, and attractive offers are extended to secure the best talent.
• Work with HR systems team to implement and test systems changes.

Minimum Skills or Experience Requirements:

• 7+ years with compensation management experience
• Bachelor's Degree or equivalent experience, with at least 5 years of experience in compensation or a related analytical field
• Experience with managing compensation structures
• Experience with equity-based compensation
• Research and analytical skills to gather and interpret data
• Strong interpersonal and collaboration skills to work well with teammates across all areas of the business, levels, and geographic locations
• Ability to handle confidential information with discretion and integrity
• Workday experience preferred; familiarity with Workday's Advanced Compensation module a plus
• Problem-solving skills to find solutions to challenges
• Extensive knowledge of laws related to compensation and benefits
• Strong written and verbal communication skills
• Time management skills and ability to deliver on commitments
• Experience with Renewables and/or Construction preferred

SOLV Energy Is an Equal Opportunity Employer

At SOLV Energy we celebrate the power of our differences. We are committed to building diverse, equitable, and inclusive workplaces that improve our communities. SOLV Energy prohibits discrimination and harassment of any kind against an employee or applicant based on race, color, age, religion, sex, sexual orientation, gender identity or expression, marital status, national origin, or ethnicity, mental or physical disability, veteran status, parental status, or any other characteristic protected by law.

Benefits:
Employees (and their families) are eligible for medical, dental, vision, basic life and disability insurance. Employees can enroll in our company's 401(k) plan and are provided vacation, sick and holiday pay.

Compensation Range:

$114,880.00 - $143,600.00

Pay Rate Type:

Salary

SOLV Energy does not accept unsolicited candidate introductions, referrals or resumes from third-party recruiters or staffing agencies. We require all third-party recruiters to communicate exclusively with our internal talent acquisition team. SOLV Energy will not pay a placement fee to any third-party recruiter or agency that has not coordinated their recruiting activity with the appropriate member of our internal talent acquisition team.

In addition, candidate introductions or resumes can only be submitted to our internal talent acquisition recruiting team if a signed vendor agreement is already on file and the third-party recruiter or agency has received formal instructions from our internal talent acquisition team to submit candidates for a particular job posting.

Any unsolicited candidate introductions, referrals or resumes sent by third-party recruiters to SOLV Energy or directly to any of our employees, or received through our website or career portal, will be considered property of SOLV Energy and will not be eligible for a placement fee. In the event a third-party recruiter submits a resume or refers a candidate without a previously signed vendor agreement, SOLV Energy explicitly reserves the right to pursue and hire the candidate(s) without financial liability to such third-party recruiter.

If you're interested in a meaningful career with a brighter future, join the SOLV Energy Team.