Senior Manager, Compensation – Remote
Remote, United States
The Job:
As a Senior Manager, Compensation, you’ll be part of our Compensation Center of Expertise team working as a remote employee. You’ll get to:
- Report directly to the Senior Director, Compensation, Commercial, Marketing & Product.
- Serve as a strategic leader and key resource for compensation matters across Stanley Black & Decker, with a primary focus on the design, administration, implementation, and governance of sales incentive plans.
- Support compensation strategy and execution for the Commercial, Marketing, and Product organizations in North America, while also providing broader compensation expertise across base pay, market pricing, job architecture, annual compensation planning, and compensation policies and programs.
- Partner closely with HR leaders, business executives, Finance, Sales Operations, and other key stakeholders to ensure compensation programs are competitive, aligned to business strategy, and designed to attract, retain, and motivate top talent.
- Provide consulting services around the design, administration, implementation, and ongoing evaluation of variable compensation programs for the sales organization.
- Lead sales incentive plan design and governance, including performance measures, pay mix, payout structures, plan documentation, in partnership with Finance and Sales Operations.
- Model incentive costs and payout scenarios, assess attainment and payout distributions, and recommend changes based on business results, affordability, and participant outcomes.
- Serve as a subject matter expert and thought leader to the organization in support of Stanley Black & Decker’s compensation philosophy including sales incentive plan design, job grading, market pricing, internal equity, job evaluations, hourly/salaried/sales compensation structure design, and the annual compensation planning process.
- Collaborate with internal and external stakeholders on a wide variety of projects, such as sales incentive plan design and enhancements, global job architecture, market assessments, and other pay analyses.
- Ensure successful execution within the business, including the implementation, education, communication, and administration of enterprise-wide compensation programs.
- Monitor performance against plans and take action necessary to ensure achievement; collect, analyze, and summarize compensation information to satisfy statutory and regulatory and organization requirements; interface with Labor and Employee Relations and Talent Acquisition.
- Support the development of new compensation plans, programs and policies or changes to existing compensation plans, programs and policies.
- Ensure compensation data in HR systems are accurate and adequate to meet business needs.
- Provide analytical support including economic and cost impact models in the development of merit budgets, variable compensation guidelines, sales incentive plan modeling, job family structures, grades, pay lines, broad bands or other structures.
- Provide compensation analysis to identify potential retention risks of key talent in the organization. Identify and analyze business problems and devise solutions to the problems.
- Define process improvement and best practice opportunities to current business/work processes.
- Perform other duties as assigned.
The Person:
You love to learn and grow and be acknowledged for your valuable contributions. You’re not intimidated by innovation. Wouldn’t it be great if you could do your job and do a world of good? In fact, you embrace it. You also have:
- Bachelor’s degree in Human Resources, Business, Finance, Accounting, Economics, or a related field required; Certified Compensation Professional (CCP) or Certified Sales Compensation Professional (CSCP) designation preferred.
- 8+ years of relevant experience in Compensation.
- Strong experience designing, implementing, and administering sales incentive plans and variable compensation programs.
- Broad-based compensation experience, including market pricing, job evaluation, compensation structures, and annual compensation planning.
- B2B and B2C experience.
- Experience using Workday preferred.
- Effective decision-making/critical thinking skills with the ability to manage and influence key stakeholders.
- Excellence in customer focus: Ability to collaborate, consult and partner with HR and business leaders to provide thought leadership and drive results.
- Strong project management, change management, and communication skills.
- Exceptional organizational skills with strong attention to detail, follow-up and problem resolution.
- Ability to maintain a high level of confidentiality.
The Details:
You’ll receive a competitive salary and a great benefits plan, including:
- Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
- Discounts on Stanley Black & Decker tools and other partner programs.
And More:
We want our company to be a place you’ll want to be – and stay. Being part of our team means you’ll get to:
- Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths.
- Learn: Have access to a wealth of learning resources, including our digital learning portal.
- Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for a wide range of perspectives and experiences.
- Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices.
What’s more, you’ll get that pride that comes from empowering makers, doers, protectors, and everyday heroes all over the world. We’re more than the #1 tools company. More than a driving force in outdoor power equipment. More than a global leader in industrial. We’re visionaries and innovators. As successful as we’ve been in the past, we have so much further to go. That’s where you come in. Join us!
This role is not eligible for visa sponsorship (H1B, OPT/CPT, TN etc).
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The Salary range for this position is $95,600.00 - $153,900.00
This is the lowest to highest annual full-time salary range we would pay for this role at the time of this posting. The salary offered within the range may vary depending on multiple factors including job level, geographic location, job-related knowledge, skills, qualifications, experience and in compliance with local wage requirements. Please note that salary is only one component of total rewards at Stanley Black & Decker.
The salary range listed in this job posting reflects the range for the primary location specified. The salary range may vary for other locations.
The successful candidate may be eligible for annual merit increases.
Medical, dental, life, vision, disability,401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
Discounts on Stanley Black & Decker tool sand other partner programs.
