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Fidelity Investments

Senior Manager, Compensation

Boston, MA

Job Description:

As a Senior Manager, Compensation you will be a member of the FI/FBOT Compensation team supporting the OSG and Client Experience business units. In this role you will be a key contributor in the development and implementation of compensation programs.

Responsibilities include evaluating jobs (at all levels), performing market and internal equity analyses, developing, and conducting client training and analyzing survey trends. In addition, you will participate in and/or lead cross company projects.

The Team

The Compensation team is part of the broader Human Resources organization, consisting of associates who work in Line HR, Talent Acquisition, Talent Management, Learning & Development, HR Operations, Communications, Finance and Workforce Analytics. We are key business partners to these colleagues and work with them to develop and implement those teams to deploy and support BU specific and central compensation programs and initiatives.

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The Experience You Have

  • Bachelor's Degree
  • Curiosity about HR, compensation, and analytics
  • You have a high degree of accuracy, and are solution oriented
  • 5-7 years of related work experience
  • Ability to work across a large organization and implement quickly against multiple priorities

The Skills You Bring

  • Strong organization and attention to detail skills
  • Excellent verbal and written communication skills
  • Ability to build relationships and consult with HRBP's at all levels of the organization
  • Strong and demonstrated skill in Microsoft Excel (ability to join large, disparate, and complex datasets) and Powerpoint
  • Exposure to data aggregation and visualization tools
  • Ability to analyze data and produce findings for senior leaders
  • Problem solver
  • Strong program/project management skills
  • Ability to listen and respond to information effectively and to give and receive feedback

The Value You Deliver

  • Client Support: Consults with business partners on the design, implementation, and administration of compensation programs for specific lines of businesses.
  • Conducts competitive assessments for single or multiple jobs using market analysis. Conducts special surveys, internal equity analyses, etc.
  • Put together competitive offers for internal associates and new hires including the use of share programs.
  • Workforce Analytics: Work closely with HR partners to better integrate HR data and Compensation analytics in support of workforce plans and business practices. Develop impactful data visualizations for HR partners and leaders to enable better insights and decisions.
  • Performance/Pay Cycle Management: Partners with Line HR for performance/pay cycle administration activities. Informs, manages, and measures operational cycle components; participates in delivery of communication, carries out training, provides issue resolution, supports reporting and analysis, and handles the approval process.
  • Market Data Management: Builds/updates composites to reflect accurate market data matches. Participates in job matching process, reviews data when surveys are complete, and analyzes market survey data trends.
  • Has a pulse of the internal and external market and thinks and works across Fidelity by engaging with peers and sharing a point of view.
  • Projects/Initiatives: With limited oversight leads multiple, sometimes complex, projects as required. Attends and/or delivers internal and external training programs (compensation related, business related, systems applications, survey forums, etc.). Manages and/or participates in cross-functional committees and builds consensus.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.

Join Us

At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.

Fidelity's working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.

Client-provided location(s): Boston, MA, USA; Smithfield, RI, USA; Merrimack, NH, USA; Westlake, TX, USA; Covington, KY, USA
Job ID: Fidelity-2093245
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

Company Videos

Hear directly from employees about what it is like to work at Fidelity Investments.