Overview

Job Location:
US-DC Washington DC

Compensation Manager

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Job Description

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OVERVIEW

CoStar Group is currently seeking a Compensation Program Manager in our Washington, D.C. office to support the ongoing design and execution of the company’s global compensation programs.

Reporting to the Senior Director, Compensation, the Compensation Program Manager will contribute to all aspects of planning, development, and implementation of new and revised compensation programs, particularly as it relates to Sales Compensation. This role offers tremendous growth, career progression and exposure to company leadership.

An ideal candidate will strike a balance in how they work. They should be structured and analytical in their approach yet able to navigate changing business priorities and thrive in a fast-paced agile environment. They need to enjoy analyzing large data sets to tease out meaningful info and excel at presenting findings to business partners and company leaders in a close partnership.

RESPONSIBILITIES

  • Partner with business leaders, HRBPs, and Talent Acquisition to advise on company’s compensation philosophy and strategy to accelerate company’s goals

  • Own the design and management of the company’s various bonus and sales compensation plans

  • Manage multiple bonus and sales commission plans in partnership with Finance and Legal departments

  • Influence the accuracy and effectiveness of the bonus accrual and forecast process

  • Partner with the Finance team to calculate and process payments of bonus and commission payments

  • Provide monthly and quarterly reporting on sales compensation metrics and trends

  • Administer annual merit and bonus awards, including developing/updating global budgets, guidelines, and tools; preparing communication materials; and analyzing and counseling HR business partners and management on recommendations

  • Ensure effective communication/promotion of the company’s compensation programs and practices to HR, Finance, management, employees & candidates

  • Proactively support team members across HR and look for opportunities to improve processes, policies, and service levels

BASIC QUALIFICATIONS

  • Bachelor’s Degree required

  • 8 + years of compensation experience with a history of increasing responsibility in a dynamic environment

  • Experience in designing and managing sales compensation plans

  • Advanced proficiency in Excel and PowerPoint required

  • Strong financial modeling and analysis skills

  • Proactive team member with strong customer service orientation, excellent attention to detail and follow through. Ability to handle confidential employee information with discretion and exercise good judgment

  • Excellent analytical, organizational and project management skills. Ability to manage end-to-end processes

  • Strong interpersonal and written/verbal communication skills with the ability to interact with all levels within the organization including executives

  • Strong working knowledge of current compensation practices and trends

PREFERRED QUALIFCATIONS AND SKILLS

  • Experience with Workday and Radford (Aon Hewitt) strongly preferred

  • CSCP designation is preferred

OVERVIEW OF COMPANY:

Founded in 1987, CoStar Group is the leading provider of commercial real estate information, analytics, and online marketplaces. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availability. Behind some of the most well-known brands in the industry, CoStar Group includes CoStar, the largest provider of CRE research and real-time data; LoopNet, the most heavily trafficked mobile and online real estate marketplace; Apartments.com, the premier rental home resource for renters, property managers and owners; STR, the leading provider of performance benchmarking and comparative analytics to the hotel industry; BizBuySell, the largest online marketplace for businesses-for-sales; and Lands of America, the leading operator of online marketplaces for rural real estate.

Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S. and in Europe, Canada, and Asia with a staff of over 4,300 worldwide.

WHAT’S IN IT FOR YOU:

Working at CoStar Group means you’ll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. In addition to generous compensation and performance-based incentives, you’ll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to):

  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug

  • Life, legal, and supplementary insurance

  • Commuter and parking benefits

  • 401(K) retirement plans with matching contributions

  • Employee stock purchase plan

  • Paid time off

  • Tuition reimbursement

  • On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, pelotons, personal training, group exercise classes, as well as Segway’s and bikes available for use during the day

  • Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks

Be part of a team of professionals enjoying the opportunity to learn, do, and grow in a rewarding atmosphere. But don’t just take our word for it — see why our team chose to work at and stay at CoStar Group: https://www.youtube.com/watch?v=CVbJRnJ2sX0

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar is not able to provide visa sponsorship for this position.

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CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing