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Greystar Management Services, LLC

Sr Mgr, Compensation

Career Insights for Compensation / Benefits 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.

$116,807 / year median in the U.S.

+10% projected growth

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Job Description

ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 265 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
JOB DESCRIPTION SUMMARY
This role is responsible for leading the design, implementation, and administration of the organization's compensation programs, including base pay, incentives, and job architecture. The Sr Manager, Compensation partners with HR and business leaders to ensure pay practices are competitive, equitable, and compliant with applicable laws and regulations. Guides conversations on how the business' compensation programs can drive and support it's short and long-term success. Manage short and long-term compensation projects.
JOB DESCRIPTION KEY RESPONSIBILITIES
  • Lead the design, implementation, and ongoing administration of compensation programs, including base pay structures, short- and long-term incentive plans, and job leveling frameworks.
  • Partner with HR business partners and business leaders to evaluate and price new and existing positions, ensuring internal equity and external market competitiveness.
  • Manage annual compensation cycles, including merit increases, promotions, and bonus calculations.
  • Provides thought leadership in the ongoing assessment of compensation programs and offerings to ensure they are both meeting business needs and are current with marketplace best practices.
  • Ensure compensation programs and pay decisions comply with federal, state, and local wage and hour, pay equity, and FLSA regulations.
  • Develop and maintain job descriptions, job codes, and FLSA classifications in partnership with HR business partners and legal.
  • Advise and train HR and people leaders on compensation philosophy, policies, and pay practices.
  • Manage and mentor compensation analysts, overseeing workflow, project timelines, and quality of deliverables.
BASIC KNOWLEDGE & QUALIFICATIONS
  • Bachelor's degree in Human Resources, Business, Finance, or a related field required; Master's degree preferred.
  • 7+ years of progressive compensation experience, including 2+ years in a leadership or managerial capacity.
  • Strong knowledge of compensation principles, job evaluation methodologies, and market pricing practices.
  • Excellent analytical, quantitative, and problem-solving skills, with strong attention to detail.
  • Excellent communication and presentation skills, with the ability to influence and advise senior leaders.
  • Knowledge of federal and state wage and hour laws, pay equity regulations, and FLSA classification standards.
  • Ability to build and manage strong stakeholder relationships across HR, Finance, and business leadership.
SPECIALIZED SKILLS
  • Advanced Excel modeling skills and experience with compensation survey and benchmarking tools (e.g., WTW, Mercer, Radford).
  • Experience with HRIS and compensation management platforms (e.g., Workday, Workday Advanced Compensation, Payscale, PayFactors).
  • Experience designing incentive, bonus, or sales compensation programs, preferred.
TRAVEL / PHYSICAL DEMANDS
  • Team members work in an office or remote work environment. No special physical demands are required.
  • Rare or occasional travel may be required to attend business meetings, training programs, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.
  • Job demands may require long periods of sitting #LI-BB1 #LI-Remote The salary range for this position is $130,000 - $150,000 USD Annually.
Additional Compensation:
Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.
Corporate Positions:
In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
Onsite Property Positions:
In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs. Robust Benefits Offered
  • : Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service. Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure. For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability. 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter). 401(k) with Company Match up to 6% of pay after 6 months of service. Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy). Employee Assistance Program. Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans. Charitable giving program and benefits.
  • Benefits offered for full-time employees.
For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority. Greystar will consider for employment qualified applicants with arrest and conviction records. Greystar is an equal opportunity employer and does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, genetic information, military or veteran status, or any other characteristic protected by applicable law. This position may be performed remotely anywhere within the United States except the state of Alaska.
Important Notice:
Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to AskHR@greystar.com.
ANTICIPATED CLOSING DATE
September 21, 2026 This date may be subject to change due to evolving business needs. Our continued success depends on our people. If you are looking for a career that values dedication, collaboration, and integrity, we are looking for you! Greystar is a vertically integrated real estate company offering expertise in property management, investment management, and development & construction globally. Today, we are the largest rental housing operator and developer in the US and one of the largest global investment management companies delivering industry-leading services to investors, clients, and residents. Please explore the current open positions, apply to a role(s) that you feel will suit you and your skillset. You can keep track of your applications and the process here in your Candidate Home. Thank you for your interest in working at Greystar!! As a Greystar team member, you will hear a lot about our Core Values. They are the values we live and work by, reflecting who we are and the quality of our relationships. We believe in always going that extra step for our residents, clients, investors, and each other. Integrity We stay true to the highest ethical standards and principles, and are honest, trustworthy, humble, and respectful in all of our words and actions. Equality We celebrate individual differences, encourage diversity of thought, provide equality of opportunity, and cultivate an environment where all individuals are seen, treated, and valued equally. Professionalism We proudly present a positive, dignified, and businesslike image at all times through our appearances, behavior, and interactions with others. Accountability We take responsibility and accept ownership for our words, actions, tasks, and results, and respectfully hold others to the same standard. Service We make service our top priority by giving our time, knowledge, and experience to serve the needs of our customers, community, and team members. Teamwork We work together to accomplish goals, solve problems, and enrich our work environment. Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in over 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing more than one million units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including approximately $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.