Compensation Manager - IT/BFSI/Manufacturing

Compensation Manager

Major Areas Of Accountability:

- Partners with leaders to creates and designs a global compensation roadmap to meet future enterprise goals and objectives.

- Collaborates with HRBPs across the enterprise to align on business strategies that align back to compensation programs such as base pay, long and short-term incentives, bonuses.

- Develops a governance process to ensure compliant policies and programs are implemented and adhered to

- Ensures the day-to-day tasks are completed across the team in areas of jobs evaluations, internal equity, and makes pay grade recommendations in alignment with exiting job architecture.

- Monitors effectiveness of variable pay programs by evaluating key metrics of each plan. Works with Finance department and leaders to ensure metrics are identified and supporting budgets are in place.

- Keeps up to date on trends and global benchmarks that align with company financial objectives for recruiting, retention, and employee engagement while driving a high-performance culture.

- Provides input across team in the areas of employee engagement, organizational design and related outcomes, retention, incentives, and talent acquisition requirements.

- Leads the annual merit review process and works closely with finance and leaders to develop related budgets. Responsible for systems optimization and continuous process improvement.

- Understands US and global laws and compliance including reporting requirements, position classifications (e.g. FLSA), etc. and advises manager of gaps and solutions.

- Manages related vendors to ensure service delivery and necessary tools are in place to perform compensation work effectively. Performs related work as apparent or assigned.

Qualifications:

- Bachelor's degree or equivalent experience.

- At least 10 years of experience in a compensation role with increasing responsibility.

- Previous experience designing total reward & programs including in the areas of base, variable, and incentives.

- Strong excel and presentation skills including an exceptional ability to provide influence.