Details:
Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid)For quick apply, please reach out to Johvie CuanJohvie.Cuan@stefanini.comOpen for W2 candidates only!Work Location: 200 E Randolph St Chicago, IL 60601 (Hybrid - 2 days from home Monday and Friday)
Shift: Monday-Friday, 8AM - 5PM
Details:1. What are the top 2-3 compensation priorities or business challenges this individual will be expected to address within their first 6-12 months?- Annual salary structure redesign US and Canada.
- Hourly incentive plan effectiveness, and payout efficiency.
- Support for HR leadership, Influence Operations/Commercial Leadership.
- Market Analytics/Insights.
- Annual Salary Planning Administration.
- Cross-functional stakeholder management.
2. How critical is prior manufacturing and operations compensation experience, and what aspects of that experience are most important?- This role will be hybrid - a large portion will be focused on manufacturing for both union and non-union hourly populations, plus salaried (Sr Director and below).
- Multi-site manufacturing organizations with varying compensation strategies and complexities.
3. What differentiates a strong candidate from an exceptional candidate for this role?- Expertise with both hourly and salaried populations.
- Korn Ferry Hay job evaluation experience.
- Demonstrated change leadership within COE/shared services models.
- Deep compensation expertise.
- Ability to lead large, cross-functional initiatives.
- Comfort operating globally with local differentiation and navigating complexity
- Strong technical acumen (advanced Excel, analytics).
- Influence with senior leaders.
- Leading compensation strategy in complex manufacturing.
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 Client compensation
Job Requirements
Details:
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.
Listed salary ranges may vary based on experience, qualifications, and local market. Also, some positions may include bonuses or other incentives.#LI-JC2
#LI-HYBRID
Pay Range:
$ 50.00 - $ 50.00
