Title: Sr. Compensation Manager - Chicago Hybrid
Location: Chicago, IL (Hybrid 2 days from home, Monday and Friday)
Job Description:
The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations and Procurement. Reporting to the Director of North America & WHQ Compensation, this position will provide expert guidance and consultation to HR Business Partners and Business Leaders on a range of compensation-related matters, including job evaluations, market benchmarking, job offers, salary structure development, and incentive plan design and administration. To succeed in this role, candidates must possess a unique blend of analytical, technical, and interpersonal skills, with the ability to navigate complex and ambiguous situations.
Key Components of the role
Develop and administer compensation programs for both the salaried and hourly populations
Execute the annual salary planning and incentive cycles
Perform and oversee job evaluations of both broad-based and executive positions
Identify, design, and implement policies and procedures to ensure internal equity, external competitiveness, and fiscal responsibility that align with our pay-for-performance philosophy and culture of meritocracy
Oversee the salary survey participation and salary structure development for multiple countries
Develop, design, and execute compensation related training
Propose process improvements and recommend policy changes to assure compliance and competitiveness of Food and Beverage Client compensation
Qualifications:
Bachelor s degree required, MBA or equivalent degree preferred
5+ years compensation experience with in-depth knowledge of Operations and Plant Manufacturing
People Management experience is strongly preferred
In depth technical knowledge of compensation theories and principles, compensation program design, and applicable laws
Excellent interpersonal and communication skills
Ability to manage cross-functional projects and influence team members without direct managerial authority
Solutions-oriented mindset with a desire to innovate
Knowledge of Microsoft Office Suite and other business-related software
Certified Compensation Professional (CCP) or other HR certification preferred
Korn Ferry Hay Job Slotting experience strongly preferred
Numbers & Facts
Location
Chicago, IL
Salary
$50 Per Hour
Skills
Analysis Skillsunmatched
Benchmarkingunmatched
Business Administrationunmatched
Certified Compensation Professionalunmatched
Communication Skillsunmatched
Compensation Managementunmatched
Compensation and Benefitsunmatched
Cross-Functionalunmatched
Financial Managementunmatched
Food and Beverage Industryunmatched
Human Resources Certificationunmatched
Incentive Programsunmatched
Interpersonal Skillsunmatched
Manufacturingunmatched
Market Analysisunmatched
Microsoft Officeunmatched
People Managementunmatched
Philosophyunmatched
Policy Implementationunmatched
Procedure Implementationunmatched
Process Improvementunmatched
Purchasing/Procurementunmatched
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