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Penske

Compensation Manager

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What they do

A Compensation or Benefits Manager manages compensation and benefits systems and records for an organization or company. Determines pay structure and job classifications for company employees. Supervises payroll, accounting of employee benefits, and payout of benefits such as pensions or disability insurance.

$127,232 / year median in Pennsylvania

+9% projected growth

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Job Description

Compensation Manager
  • Full Time Penske
  • Reading, PA Posted on 07/20/26 (
Ref:
PAKLQ4OtCQ)
Position Summary:
The Compensation Manager is responsible for managing the day to daypensation processes within the department with a focus onpliance, customer service, and building relationships with HR business partners. Supervise and develop a team ofpensation analysts supporting PTL and PL business units. Providepensation consultation and guidance to the business to develop totalpensation solutions. This is an on-site position 4 days per week, and 1 day work from home per week, at our Corporate Office in Reading, PA
Major Responsibilities:
  • Manage, coach, and develop team ofpensation analysts. Oversee analysts supporting Field and Corporate operations. o Create an engaged, collaborate environment among analysts and provide continuous coaching and guidance. o Establish strong working relationships among team and serve as an escalation point for analysts if needed.
  • Consultation to HR Business Partners and Corporate/Field Operations o Provide guidance to HR Managers and Corp/Field managers regarding salary levels for associates and develop totalpensation solutions.
o Actively participate in HR meetings and offerpensation support. This includes providingpensation advice and rmendations when needed. o Provide training onpensation philosophy, practices, and systems. Ensure that training is kept up to date and aligns with current policies and regulations.
  • Leadpensation processes and/or projects to include the following: o Job evaluation and market pricing o Annual budget and structure analysis o In depthpensation analysis including pay fairness and regulatory reviews o Large scale,pany-widepensation initiatives o Internationalpensation support
  • Other projects as assigned by the Director, Compensation
Qualifications:
  • Bachelor's degree required or must have equivalent and relevantpensation experience.
  • 6 years Compensation or related experience required, preferably in a multi-state environment.
  • Experience with variable pay plans, budget and structure activities, and job evaluation methodologies required.
  • CCP required or willingness to obtain within 1-2 years of entering the role. PHR or SHRM-CP a plus.
  • 3 years management experience strongly preferred.
  • 3 years HR/Finance Analytics strongly preferred.
  • Internal Penske field experience a plus.
  • Strong written and verbalmunication skills.
  • Team leadership skills and a desire to help others develop and succeed.
  • Customer centric and results driven.
  • Regular, predictable, full attendance is an essential function of the job
  • Willingness to travel as necessary, work the required scle, work at the specific location required,plete Penske employment application, submit to a background investigation (to include past employment,cation, and criminal history) and drug screening are required.
Physical Requirements:
  • The physical and mental demands described are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable amodations may be made to enable individuals with disabilities to perform the essential functions.
  • The associate will be required to: read;municate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.
  • While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.
  • Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.
Penske is an Equal Opportunity Employer. About Penske Truck Leasing/Transportation Solutions Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to helppanies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and amitment to customer success. Visit Go Penske to learn more.
Job Category:
Human Resources
Job Function:
Compensation
Job Family:
Human Resources
Address:
100 Gundy Drive
Primary Location:
US-PA-Reading
Employer:
Penske Truck Leasing Co., L.P.
Req ID:
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