Compensation & Equity Manager

Compensation & Equity Manager
Location: Columbia, MDSalary: $115,000 - $120,000 per year

Who are we?

Established in 1975, Shimadzu Scientific Instruments is one of the largest suppliers of analytical instrumentation, physical testing, and environmental monitoring systems in the world. Ground-breaking scientific research, manufacturing ideas, and results continue to propel Shimadzu's outstanding reputation and "Excellence in Science." People dedicated to our mission have the largest impact on Shimadzu's continued growth and success. Would YOU like to join a diverse team of professionals working together with researchers, scientists, and manufacturers to help better lives worldwide?

What can Shimadzu offer YOU?

• Our Culture: A work environment that values diversity, inclusion & belonging
• Competitive Compensation: Day 1 Benefits & Competitive Salary
• Retirement Benefits: Matching 401K & Profit-Sharing Program
• Professional Growth: Clear pathways for Career, Leadership, and Personal Development
• Health Benefits: Flexible Spending/Health Savings Accounts
• Work-Life Balance: Generous & Front-Loaded Paid Time Off Plan
• Education: Tuition Assistance Program for both graduate and undergraduate levels
• Insurance Perks: Pet Insurance, optional Identity theft, legal pre-paid, and critical care buy-up insurance benefits, generous company-paid life insurance & short-term disability programs
• Work Flexibility: Business casual Dress Attire & casual (jeans) Friday!
• Employee Engagement: Employee Resource Groups to network, build a sense of community and enhance one's career and personal development

ADDITIONAL COMPENSATION:

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  • For Service, Technical Support, Marketing & Sales Roles: Additional compensation is available through either an Incentive and/or Commission Plan.
  • For Employees residing in Connecticut, Massachusetts, New Jersey, and California: Additional compensation is offered through a Cost-of-Living Adjustment (COLA).
  
  
  
  

POSITION SUMMARY:

Shimadzu Scientific Instruments is seeking a Compensation & Equity Manager to join our team. This position is key to ensuring the development, implementation, and management of fair and competitive compensation programs. The Compensation & Equity Manager will be responsible for overseeing compensation functions, ensuring compliance with federal, state, and local regulations, and driving pay equity initiatives. This role will support our recruitment and retention efforts by ensuring our compensation packages remain attractive, transparent, and legally compliant.

JOB FUNCTIONS INCLUDE, BUT ARE NOT LIMITED TO:

• Lead the development, implementation and administration of all company compensation programs.
• Ensure compensation programs comply with federal, state, and local compensation laws (e.g., Equal Pay Act, Age Discrimination in Employment Act).
• Design and manage variable compensation programs, including bonuses and commissions, to align with organizational goals.
• Conduct regular pay equity audits to ensure fair compensation practices across gender, race, age, and other factors.
• Participate in salary surveys, analyze market trends, and benchmark internal compensation programs to ensure competitiveness.
• Align compensation strategies with recruitment and retention efforts to attract and retain top talent.
• Collaborate with HR and leadership teams to provide guidance on pay decisions, policy interpretations, and job evaluations.
• Oversee the bi-annual payroll process and manage the annual pay increase and bonus distribution processes.
• Provide leadership to the compensation department, including performance management, team development, and cross-training.
• Continue to enhance pay transparency both internally and externally, and promote equitable compensation practices.
• Advise senior management on compensation-related matters and present data-driven insights to inform decision-making.

EDUCATION AND QUALIFICATIONS:

• Bachelor's degree in Human Resources, Business Administration, or related field; CCP certification or HR-related certification is a plus.
• A minimum of 4 years of experience in compensation management, with at least 1 year in a managerial role.
• Expertise in compensation laws, market compensation trends, and variable pay program design.
• Proven experience in conducting pay equity audits and implementing compensation strategies.
• Strong communication and interpersonal skills, with the ability to collaborate across departments and at all levels of the organization.
• Experience with payroll processing, salary benchmarking, and compensation analytics.
• Excellent organizational and time management skills, with a high level of attention to detail.

At Shimadzu Scientific Instruments, we believe in providing structured career paths that recognize and reward talent. If your expertise surpasses the level specified in the listed position, we offer the flexibility to upgrade positions to better suit your qualifications, accompanied by a salary adjustment.

COMPENSATION AND BENEFITS:

This exempt, full-time position offers a starting salary range of $115,000 to $120,000 annually, paid semi-monthly. Eligible benefits include a 401K matching program and discretionary yearly contributions, with detailed information provided at the final interview stage. Additional variable compensation may include a discretionary year-end bonus based on overall company performance.

In your first year, you will receive 10 paid vacation days, 8 paid personal days, 8 scheduled holidays, and 3 floating holidays. After one year, you'll have access to a generous short-term disability program, with premiums fully covered by the company. Employees are insured at 100% of their salary for the first 6 weeks and 66 2/3% for weeks 7 to 12.

For more details on benefits, please visit www.ssi.shimadzu.com/jobs.

Shimadzu is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at Shimadzu via email, the Internet or in any form and/or method without a valid written search agreement in place for this position (and agency was requested to work the requisition) will be deemed the sole property of Shimadzu. No fee will be paid in the event the candidate is hired by Shimadzu as a result of the referral or through other means.

EEO Statement:

Shimadzu Scientific Instruments (SSI) is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity or expression, genetic information, immigration status, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application process, please click here.

Functional Expert - Considered a thought leader on a subject
Leader - Inspires teammates to follow them
Detail Oriented - Capable of carrying out a given task with all details necessary to get the task done well
Dedicated - Devoted to a task or purpose with loyalty or integrity

Bachelors of Business Administration (required)

Certified Compensation Professional (preferred) (preferred)

Skills