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Senior Compensation Manager

Job in Minnetonka, Hennepin County, Minnesota, 55345, USA
Listing for: Beacon Hill
Full Time position
Listed on 2026-03-01
Job specializations:
  • HR/Recruitment
    Talent Manager, HR Manager, Regulatory Compliance Specialist
  • Management
    Talent Manager, HR Manager, Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 150000 - 170000 USD Yearly USD 150000.00 170000.00 YEAR
Job Description & How to Apply Below

Overview

Job Description:
Senior Compensation Manager
|
Hire Type: Contract -to-hire |
Location: Minnetonka, MN - Onsite 3+ days/week (Tuesday-Thursday required)

Hourly Range: $72 - $80 per hour (Equivalent to $150,000-$170,000 annually; eligible for 10% bonus upon conversion)

Position Overview

The Senior Compensation Manager is a hands-on leadership role responsible for designing, implementing, and managing Medica's compensation programs to ensure internal equity, market competitiveness, and regulatory compliance. The role partners closely with HR leadership and business leaders to develop strategies that attract, retain, and motivate top talent.

The ideal candidate is a working leader with strong sales compensation expertise. Executive compensation experience is a plus. This role manages a team of three Senior Compensation Consultants (Total Rewards Analyst IV).

Key Responsibilities
  • Provide daily oversight, coaching, and development to a team of three Senior Compensation Consultants.
  • Promote a collaborative, high-performance culture focused on accountability and continuous improvement.
  • Set expectations, assign work, and monitor progress toward team goals.
Compensation Program Management (30%)
  • Lead the design, administration, and optimization of base pay programs, annual incentives, and sales compensation structures.
  • Ensure compensation programs remain competitive, equitable, and aligned with business objectives.
  • Maintain strong subject matter expertise in general, sales, and executive compensation programs.
  • Maintain job architecture, salary structures, and compensation governance frameworks.
  • Oversee accuracy, compliance, and efficiency of compensation systems and processes.
  • Partner with HRIS and payroll to enhance systems, data integrity, and reporting capabilities.
Business Partnership & Stakeholder Engagement (20%)
  • Advise HR Business Partners and leaders on compensation strategy and complex program issues.
  • Conduct market analysis, benchmarking, and regulatory compliance reviews.
  • Communicate compensation philosophy and program updates to stakeholders clearly and effectively.
  • Lead or support cross-functional total rewards and process improvement initiatives.
  • Monitor market trends and best practices to drive enhancements to compensation programs.
Required Qualifications
  • Bachelor's degree required; advanced degree preferred.
  • 7+ years of progressive compensation experience with strong background in sales compensation and/or executive compensation.
  • Strong analytical skills; excellent communication and stakeholder management abilities.

Beacon Hill is an equal opportunity employer and individuals with disabilities and/or protected veterans are encouraged to apply.

California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Completion of this form is voluntary and will not affect your opportunity for employment, or the terms or conditions of your employment. This form will be used for reporting purposes only and will be kept separate from all other records.

Benefits Information:

Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility. Upon successfully being hired, details will be provided related to our benefit offerings.

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Position Requirements
10+ Years work experience
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