Compensation Manager

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...