Skip to main contentA logo with &quat;the muse&quat; in dark blue text.

Sr Manager, Compensation

AT Fidelity Investments
Fidelity Investments

Sr Manager, Compensation

Boston, MA

Job Description:

As a Senior Manager, Compensation you will be a member of the Fidelity Enterprise Services HR team. 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.

Want more jobs like this?

Get jobs delivered to your inbox every week.

Select a location
By signing up, you agree to our Terms of Service & Privacy Policy.


The Expertise and Skills You Bring

  • 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 in Financial Services
  • Ability to work across a large organization and implement quickly against multiple priorities
  • Strong organization and attention to detail skills
  • Excellent verbal and written communication skills including the ability to build relationships and consult with all levels of the organization
  • Strong analytical skills with the ability to work with large and complex datasets to produce findings for senior leaders
  • Expertise with Microsoft Excel and experience with various HR applications
  • 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.
  • 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.
  • Projects/Initiatives: With limited oversight participates in 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 hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

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
Job ID: Fidelity-2105590
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.