Shure

Incentive Plan Administrator Sr

Shure$86K — $138K *
Niles, IL 60714In-Person
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field
  • Minimum of 5 years experience in sales incentive compensation administration
  • Strong analytical skills and attention to detail
  • Proficient in Microsoft Excel and data analysis tools
  • Excellent communication and interpersonal skills
  • In-depth knowledge of compensation principles, practices, and regulations
  • Certified Compensation Professional (CCP) is a plus.

Responsibilities

  • Design and implement global incentive plans, ensuring compliance with policies and laws
  • Serve as primary contact for incentive questions and resolve issues
  • Audit and reconcile data for Finance's payment calculation
  • Generate reports and insights for management on plan effectiveness
  • Provide training and communicate plan details to incentive participants
  • Calculate quarterly and annual incentive payments for audits and payroll
  • Handle additional responsibilities as assigned

Benefits

  • Comprehensive healthcare and mental health plans
  • Retirement savings options
  • Generous paid time off
  • Employee discounts and professional development
  • Work-life balance initiatives
  • Recognition programs and community involvement opportunities
Full Job Description
Overview

Shure is hiring a Senior Incentive Plan Administrator to join our team!

In this highly visible role, you'll help drive the success of Shure's incentive compensation programs by implementing and enhancing the tools, systems, processes, communications that are used to administer our short-term incentive plans. You'll ensure clear understanding of the plans, payment accuracy, and adherence to compensation policies, and deliver meaningful and accurate reports and analyses on performance and plan effectiveness.

This role is a hybrid position in Niles, IL.

Responsibilities

  • Support the design, implementation, and annual review of the global incentive plans, ensuring compliance with company policies and applicable laws
  • Act as the primary point of contact for incentive questions, clearly communicate plan details and changes, and promptly resolve any issues or discrepancies
  • Audit and reconcile data and documentation to prepare for Finance's payment calculation
  • Generate regular reports and provide insights to management to support decision-making and assess plan effectiveness. Continuously improve processes and implement best practices to enhance the efficiency, accuracy, and transparency of sales incentive administration.
  • Provide training and communication to incentive participants
  • Calculate quarterly SI payments and annual VC payments in preparation for Finance's audit and payroll process
  • Other responsibilities as assigned


Qualifications

  • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
  • Minimum of 5 years of experience in sales incentive compensation administration
  • Ability to work with different levels of stakeholders across divisions and regions.
  • Strong analytical skills and attention to detail.
  • Proficient in Microsoft Excel and other data analysis tools.
  • Excellent communication and interpersonal skills.
  • Ability to handle confidential information with discretion.
  • In-depth knowledge of compensation principles, practices, and regulations.
  • Certified Compensation Professional (CCP) is a plus.


Applicants for this position must be currently authorized to work in the United States on a full-time basis. Shure will not sponsor applicants for this position for work visas.

PAY TRANSPARENCY
Shure offers a competitive compensation structure that is reviewed annually to attract, hire, and retain the industry's top talent. Base salaries vary based on qualifications, geography, experience, and expertise in each respective discipline. The range displayed on each job posting reflects the minimum and maximum base salary for the opportunity. The base salary for this position ranges from $86,800 to $138,900, with a midpoint target. If your salary expectations do not align, still apply as we are often flexible on the seniority of posted positions. All positions also include an award-winning benefits package.

WE GOT YOU - Our Benefits
At Shure, we prioritize the well-being of our Associates. We offer competitive rewards packages to full-time and part-time Associates working 24 or more hours a week that address physical, mental, financial, and overall well-being. Our benefits include comprehensive healthcare, mental health and retirement savings plans, generous paid time off programs, employee discounts, professional development opportunities, work-life balance initiatives, employee recognition programs, and volunteering/community involvement opportunities. To learn more, check out our Benefits At A Glance.

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About Shure

Shure Incorporated is an American audio products corporation. It was founded by Sidney N. Shure in Chicago, Illinois in 1925 as a supplier of radio parts kits. The company became a consumer and professional audio-electronics manufacturer of microphones, wireless microphone systems, phonograph cartridges, discussion systems, mixers, and digital signal processing. The company also produces listening products, including headphones, high-end earbuds and personal monitor systems. Shure Incorporated sells its products through a network of dealers and sales representatives worldwide, as well as through online stores.
Learn more about Shure
Size
1,500 employees
Industry
Founded
1925

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